Programme and Budget for 2020–21 - Position of accounts as at 31 December 2020
This paper provides information on the position of 2020–21 income and expenditure as of 31 December 2020. For the 12-month period ending 31 December 2020, contributions received were US$392,695,734 and expenditures recorded were US$349,786,723. In accordance with article 21.2(a) of the Financial Regulations, arrears of contributions received in 2020, were used to reimburse the Working Capital Fund and internal borrowings, to cover the 2018–19 deficit of CHF74,504,270 (US$74,504,270). The shortfall of income received over expenditure (deficit) as at 31 December 2020 is US$31,595,259 at the budget rate of exchange of CHF1.00 to the US dollar.