Board Decisions

GF/B13/DP28

Approved by the Board on: 28 April 2006

Local Fund Agents

The Board takes note of the fact that the term of existing contracts with LFAs is coming to an end in October/November 2006 and that it will soon be necessary to enter into new ones.

The Board expresses its desire that contracting arrangements with LFAs reflect the outcome of the strategy development process, as well as the outcomes of the ongoing work of the Portfolio Committee in this area.

To that end, the Board requests the Secretariat to explore and make contractual arrangements that advance that goal.