Board Decisions

GF/B04/DP22

Approved by the Board on: 31 January 2003

Report of the Monitoring, Evaluation, Finance and Audit Committee (MEFA): 2003 Work Plan and Budget

Recommend approval of the 2003 Secretariat Work Plan and Budget as present in Board Document GF/B4/11.

(Deferred to GF/B4/11 report decisions) Direct the MEFA Committee to review the performance of the Secretariat on the 2003 Work Plan and Budget and report their findings at the June and October meetings of the Board in 2003.

Direct the MEFA Committee to review the trustee agreement and performance and direct the Secretariat to negotiate new terms and fees for the trustee basedon emerging Global Fund needs.