Adoption of the budget for 1998-99
The International Labour Conference at its 85th Session (3-19 June 1997) adopted by 379 votes in favour, 0 against, with 2 abstentions, the following resolution, submitted by the Finance Committee of Government Representatives:
The General Conference of the International Labour Organization:
By virtue of the Financial Regulations, adopts for the 66th financial period, ending 31 December 1999, the budget of expenditure for the International Labour Organization amounting to US$481,050,000 and the budget of income amounting to US$481,050,000, which, at the budget rate of exchange of 1.46 Swiss francs to the US dollar, amounts to 702,333,000 Swiss francs.
Bearing in mind:
that, in adopting the budgets of income and expenditure for the 65th financial period, the General Conference requested the Director-General to present proposals to the Programme, Financial and Administrative Committee for adjustments to the budget of expenditure;
that the Governing Body, at its 264th (November 1995) Session, accordingly agreed to make downward adjustments amounting to US$21,704,950;
that, in consequence, if the budget of income is fully received, it is expected that there will be a budgetary surplus for the 65th financial period arising from the downward adjustments and amounting to US$21,704,950, which, at the budget rate of exchange for that financial period, would amount to 25,177,742 Swiss francs;
Resolves:
(a) that, in derogation from article 18 of the Financial Regulations, the said expected budgetary surplus of 25,177,742 Swiss francs shall be treated as budgetary income for 1998;
(b) that, in derogation from article 10.1 of the Financial Regulations, the remainder of the budget of income, denominated in Swiss francs, shall be financed from contributions from member States amounting to 338,577,629 Swiss francs in 1998 and 338,577,629 Swiss francs in 1999, allocated among member States in accordance with the scale of contributions recommended by the Finance Committee of Government Representatives for those years; and
(c) that, should the said budgetary surplus be less than 25,177,742 Swiss francs, arrears of contributions received shall be used to finance the income budget for the 66th financial period, subject, however, to the resolution adopted by the General Conference at its 82nd Session (June 1995) concerning the utilization of arrears of contributions to cover budgetary deficits.
The following table shows the budget as adopted by the Conference:
| Expenditure | Income | ||||||
| 1996-97 Budget | 1998-99 estimates | 1996-97 Budget | 1998-99 estimates | ||||
| US dollars | US dollars | US dollars | SF | US dollars | SF | ||
| Part I | 1998 | ||||||
| Ordinary budget | 578 625 000 | 480 175 000 | 1996-97 Cash surplus | 17 245 028 | 25 177 742 | ||
| Contributions from member States | 289 750 000 | 336 110 000 | 231 902 486 | 338 577 629 | |||
| 289 750 000 | 336 110 000 | 249 147 514 | 363 755 371 | ||||
| Part II | 1999 | ||||||
| Unforeseen expenditure | 875 000 | 875 000 | Contributions from member States | 289 750 000 | 336 110 000 | 231 902 486 | 338 577 629 |
| Effective working budget | 579 500 000 | 481 050 000 | 579 500 000 | 672 230 000 | 481 050 000 | 702 333 000 | |