(xii) Operating reserve trust funds.

The valuable role that regional reserve funds can play is illustrated by the Latin American Reserve Fund formerly the Andean Reserve Fund.

Big investors, particularly Asian countries reserve funds, are increasingly nervous.

Despite contagion, critical demands for funds are not simultaneous and this suggests a useful role for regional reserve funds as a first line of defence during crises.

Regional reserve funds could be a valuable complement to the IMF role.

Alternatively the creation of regional reserve funds provides a possible complement to multinational and national mechanisms and reduce the need for extra reserve balances to insure against capital account crises.

This emphasizes the need for epidemic preparedness, including the availability of sufficient reserve funds to permit rapid response to emergencies.

(c) Income derived from investments pertaining to trust funds reserve and special accounts shall be credited to the trust fund, reserve or special account concerned.

Reserve for emergencies

42. For projects financed from technical cooperation trust funds ITC has, since 1982, maintained an operating reserve at a predetermined level of 700,000.

Reserve for transitional measures

Reserve for field accommodation

(a) UNDP should report to the Executive Board on how the funds held in the reserve for transitional measures will be utilized (para. 55)

52. The total of reserve funds disbursed less repayments as at 31 December 1992 was 28,192,619 consisting of

Adjustment for operating reserve a

As a first step, existing reserve funds should be capitalized and brought to function, as envisaged at their creation.

Interest accruing from the short term investment of trust funds is credited first to the operating reserve to maintain that reserve at the agreed level (subparagraph (xii) refers), then to support costs to meet any annual deficit attributable to currency fluctuations and thereafter to donors apos funds.

Reserve for exchange rate fluctuations 1,840.8

(n) Reserve for exchange rate fluctuations

Liabilities reserve for unliquidated obligations, etc.

Reserve for emergencies and other contingencies

programme reserve activities for the biennium

Note 13. Reserve for field accommodation

Note 12. Reserve for programme support

As a result, ample reserve funds have been created on the banks balance sheets and return on equity has remained high.

1. UNDP should report to the Executive Board on how the funds held in the reserve for transitional measures will be utilized (paras. 9 (a), 15 and 55).

Expenditures for reserve personnel are under 1.1.1.

Commitments of the Reserve for Field Accommodation

Reserve for non construction costs, Gaza Hospital

1. (Para. 17) Disclosure of (a) funds held in non convertible currencies (b) financial reserve (c) inventory value of non expendable property

For a decade, I have proposed that the IMF of the future should be seen as the apex of a network of regional reserve funds that is, a system closer in design to the European Central Bank or the United States Federal Reserve system.

15. The Board noted the creation of two new reserves the reserve for budgeted separations and the reserve for transitional measures.

UNDP advances funds to, and receives funds for, the trust funds that it administers.

This makes Namibia eligible for additional assistance from specialized funds such as the United Nations Capital Development Fund (UNCDF), the United Nations Sudano Sahelian Office (UNSO), and the Special Programme Reserve for LDCs.

Reserve

reserve

reserve

(d) Available funds at the beginning of 2006 are estimated at 1,523,500, inclusive of an amount of 603,600 as an operating cash reserve.

I'd like to reserve a table for two.

The Federal Reserve in a Time for Doves

Over expenditure on the Reserve for Field Accommodation

Reserve for emergencies and other contingencies (statement V)

Reserve for non construction costs, Gaza General Hospital

Yes. Reserve space for me immediately, will you?

129. It was further observed that miscellaneous obligating documents were used to reserve funds for procurement contrary to the provisions in the United Nations Finance Manual, thus leaving scope for the duplication of obligations.