Approved by the Board on: 16 November 2016
1. Based on the recommendation of the Audit and Finance Committee, the Board approves
a. Corporate Work Plan and Budget Narrative 2017, as set forth in GF/B36/05B; and
b. 2017 Operating Expenses Budget in the amount of USD 300.0 million, as set forth
in GF/B36/05A, which includes USD 17.1 million for the Office of the Inspector
General's 2017 operating expenses.