Draft budget of expenditure and income for 1998-99
1. The draft expenditure and income budget in the form required for adoption by the Conference, with the corresponding figures for 1996-97, is shown below.
2. Both the 1996-97 and the 1998-99 dollar expenditure figures are based on an exchange rate of 1.16 Swiss francs to the US dollar. The income budget is presented in both US dollars and in Swiss francs calculated at the same exchange rate. The final US dollar and Swiss franc amounts will be determined when the Finance Committee of Government Representatives at the 84th (June 1997) Session of the Conference finalizes the budget rate of exchange and recommends the draft Programme and Budget for 1998-99 for adoption by the Conference.
3. The contributions payable by Member States in 1998-99 will thus depend on the overall budget level, on the budget rate of exchange which is finally set, and on the scale of contributions approved by the Conference.
4. After completing its examination of the draft estimates submitted in this document, the Programme, Financial and Administrative Committee will wish to submit to the Governing Body for proposal to the International Labour Conference a draft resolution for the adoption of the programme and budget for the 66th financial period (1998-99) and for the allocation of expenses between member States for 1998-99. The proposed text of this draft resolution is as follows:
The General Conference of the International Labour Organization, in virtue of the Financial Regulations, passes for the 66th financial period, ending 31 December 1999, the budget of expenditure of the International Labour Organization amounting to $............ and the budget of income amounting to $.........., which, at the budget rate of exchange of Swiss francs....... to the US dollar, amounts to Swiss francs.........., and resolves that the budget of income, denominated in Swiss francs, shall be allocated among member States in accordance with the scale of contributions recommended by the Finance Committee of Government Representatives.
|
Expenditure |
Income | ||||||
| 1996-97 budget US dollars |
1998-99 estimates US dollars |
1996-97 budget US dollars |
1996-97 budget SF |
1998-99 estimates US dollars |
1998-99 estimates SF |
||
| Part I
Ordinarz budget |
578 625 000 | 568 205 000 | Contributions from member States | 579 500 000 | 672 220 000 | 569 080 000 | 660 132 800 |
| Part II
Unforeseen expenditure |
875 000 | 875 000 | |||||
| Total budget | 579 500 000 | 569 080 000 | 579 500 000 | 672 220 000 | 569 080 000 | 660 132 800 |