Amendments to the Comprehensive Funding Policy following Establishment of the Rolling Continuation C…
GF/B15/DP27
Approved by the Board on: 27 April 2007
Amendments to the Comprehensive Funding Policy following Establishment of the Rolling Continuation Channel
The Board approves the amendments to the Comprehensive Funding Policy, as amended at the Thirteenth Board Meeting, as presented in Annex 5 to the Report of the Finance and Audit Committee (GF/B15/8).
The Board revokes the following decisions:
The decisions made at the Seventh Board Meeting regarding prioritization of funding in resource-constrained environments (GF/B8/2 p. 13-14);
The decision made at the Seventh Board Meeting regarding the criteria for considering promissory notes as assets (GF/B8/2, p. 16, decision point 6); and
The decision points 1 and 2 entitled "Phase 2 Funding" made at the Eighth Board Meeting regarding prioritization of Phase 2 funding (GF/B9/2 p. 9-10).