WORLD TRADE
ORGANIZATIONWT/IFSC/W/7
10 October 2001
(01-4926)
Integrated Framework Steering Committee
FINANCIAL REPORT ON THE INTEGRATED FRAMEWORK TRUST FUND (IFTF)
Report by the United Nations Development Programme (UNDP)
− As of September 30, 2001, fifteen bilateral and multilateral donors had pledged a total of
approximately US$ 6.2 million1, of which US$1.95 million had been remitted to the IF Trust
Fund.  An additional US$ 1.58 million is expected in 2001, with another US$ 1.58 million in2002 and US$ 600,000 in 2003.
− Under the current schedule of expected remittances and assuming that the IF Steering
Committee endorses the eleven recommended pilot countries in 2002, there will be a shortfallin financing at approximately US$ 594,000.  This situation, however, could be remedied
through the support of the French government, which has not yet indicated her level offinancial commitment, as well as other potential donors.
− During 2003, the expected cash flow will be further deteriorated.  This is particularly
daunting since the current schedule is based on only five additional pilot countries and doesnot adequately cover the number of countries that have expressed interest in the IF and meet
the requisite requirements to participate in the programme.
− As agreed at the 27
th meeting of the Inter-Agency  Working Group, UNDP  will provide
annually (i.e., as of 30th of June) an audited financial report to the IF Steering Committee.2
In addition, for purposes of transparent accounting to donors, UNDP will provide an un-
audited financial report to the IAWG on a periodic basis (i.e., every six months).
                                                     
1 Please note that since US$ 500,000 of Japanese contribution is earmarked to window II, the amount
available for trade integration diagnostic studies will be approximately US$ 5,710,000.
2 The report of the 27th IAWG meeting is contained in document WT/IFSC/W/5.WT/IFSC/W/7
Page 2
1. Pledges to IF Trust Fund (as of 30 September 2001)
DONOR AMOUNT PLEDGED
Canada Canadian $1,000,000 (approx. US$ 650,000)
Denmark US$ 300,000
Finland 1 million Finnish Markka (approx. US$ 150,000)
France Amount to be announced
Ireland US$ 300,000
Japan US$ 500,000
Netherlands US$ 300,000
Norway US$ 500,000
Sweden 3 million Swedish Kronor (approx. US$ 300,000)
Switzerland US$ 500,000
United Kingdom US$ 500,000
United States US$ 200,000
European Commission Euro 200,000 (approx. US$ 180,000)
UNDP US$ 300,000 (US$ 100,000 per year)
World Bank US$ 1,500,000 (US$ 500,000 per year)
TOTAL US$ 6,180,000.00
2. Remittances to IF Trust Fund (as of 30 September 2001)
DONOR CONTRIBUTION Date (money deposited)
United Kingdom $500,000.00 May 29, 2001
Denmark $286,168.00 June 11, 2001
Canada $660,264.17 June 28, 2001
Ireland $299,950.00 July 16, 2001
Switzerland $200,000.00 September 19, 2001
TOTAL $1,946,382.17
3. Schedule of Expected RemittancesDONOR 2001 2002
World Bank $500,000.00 $500,000.00
Netherlands * $330,000.00
Sweden $300,000.00
Switzerland $300,000.00
UNDP $100,000.00 $100,000.00
Finland $150,000.00
United States $200,000.00
Norway $500,000.00
European Commission $180,000.00
TOTAL $1,580,000.00 $1,580,000.00
* Please note that in their letter of agreement with UNDP the government of Netherlands has
reiterated to UNDP that their contribution will be US$ 330,000.WT/IFSC/W/7
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4. Schedule of Expected Cash Flow
2001 2002 2003
Beginning Balance $3,526,382.17 $2,706,382.17 $6,382.17
Pilot Countries
Cambodia $300,000.00
Madagascar $300,000.00
Mauritania $300,000.00
Old IF Countries
Bangladesh $300,000.00
The Gambia $300,000.00
Haiti $300,000.00
Tanzania $300,000.00
Uganda $300,000.00
The Next Round *
Burundi $300,000.00
Djibouti $300,000.00
Ethiopia $300,000.00
Eritrea $300,000.00
Guinea $300,000.00
Lesotho $300,000.00
Malawi $300,000.00
Mali $300,000.00
Nepal $300,000.00
Senegal $300,000.00
Yemen $300,000.00
Five additional countries to be determined
$300,000.00
$300,000.00
$300,000.00
$300,000.00
$300,000.00
Total Expenditure $2,400,000.00 $3,300,000.00 $1,500,000.00
End Balance $1,126,382.17 -$593,617.83 -$1,493,617.83
* Please note that the following countries are based on recommendations made at the 27th Meeting of
the IAWG and have yet to be endorsed by the IF Steering Committee.
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