# 2026 Work Plan and Budget Narrative and the  2026 Operating Expenses Budget

Based on the recommendation of the Audit and Finance Committee (AFC), including their acknowledgement of the Asset-Liability Management presented to the AFC, the Board approves the following:

1. the 2026 Work Plan and Budget Narrative, as set forth in GF/B53/ER13A; and
2. the 2026 Operating Expenses Budget in the amount of US$310.3 million, which includes US$13,173,773 for the Office of the Inspector General’s 2026 Operating Expenses, US$3,747,154 for the Ethics Office’s 2026 Operating Expenses, US$2,858,734 for the Evaluation Function’s 2026 Operating Expenses, and US$2,700,000 for the Technical Review Panel’s Operating Expenses, US$1,398,238 for the Constituency Funding 2026 Operating Expenses, as set forth in GF/B53/ER13A.