Programme and Budget for 2018–19 -
Position of accounts as at 31 December 2018
This paper provides information on the position of 2018–19 income and expenditure as of 31 December 2018. For the 12-month period ending 31 December 2018, contributions received were US$450,317,433 and expenditures recorded were US$372,405,740. In accordance with article 21.2(a) of the Financial Regulations, arrears of contributions received in 2018, were used to reimburse the Working Capital Fund and internal borrowings, to cover the 2016–17 deficit of CHF68,622,745 (US$70,745,098). The excess of income received over expenditure as at 31 December 2018 is US$7,166,595 at the budget rate of exchange of CHF0.97 to the US dollar.