Board Decisions

GF/B09/DP20

Approved by the Board on: 19 November 2004

Budget 2005-7

Decision Point 1

The Board approves the 2005 Secretariat Budget and associated Secretariat staffing as attached in Annex 6 to the report of the October 12 - 13 MEFA meeting and as informed by that report.

Decision Point 2

The Board takes note that the additional budgetary costs associated with any new rounds of proposals are excluded from the base 2005 budget and are highlighted separately.

Decision Point 3

The Board approves that the agreed costs associated with Rounds 5 and 6 will be treated by the Board as an integral part of the decision to launch the relevant Round.