Board Decisions

GF/B21/EDP07

Approved by the Board on: 15 July 2010


Extension of the Phase 2 term and additional funds for the Republic of Suriname (SUR-404-G02-M)

The Board acknowledges that, due to circumstances which were mainly beyond the control of the CCM, the PR has not been given adequate opportunity to prepare for the orderly close out of the Program. Although the criteria for Rolling Continuation Channel (RCC) Bridge Funding do not apply to the circumstances of this grant, the Board approves, as an exception, additional funding amounting to US$ 254,559 and additional time for the PR to implement the grant up to 31 October 2010.

See attached tabledetailing total recommended funding amount of US$ 254,559 for the following grant: SUR-404-G02-M