WORLD TRADE  
ORGANIZATION  RESTRICTED 
WT/BFA/W/242 
10 June 2011 
 (11-2887) 
Committee on Budget, Finance and Administration  
  
 
WTO BUDGETARY AND FINANCIAL PROGRESS REPORT 
 
 
I. INTRODUCTION 
1. This document provides Members with an update on the WTO budgeta ry and financial 
situation at the end of May 2011. 
II. 2010 WTO FINANCIAL PERFORMANCE 
2. The WTO's 2010 financial statements have been pr epared and audited by the External Auditor 
in April 2011.  They shall be released to the Members for the next meeting of the Committee on 
Budget, Finance and Administration.  The WTO 201 0 budget has been fully committed.  The Surplus 
Account amounts to CHF 10,527,319.  
3. The WTO received in April 2011 the results of  the first actuarial valuation for pension 
benefits and after health service care.  The valua tion is compliant with International Public Sector 
Accounting Standards (IPSAS) and will be reporte d in the notes to the financial statements. 
III. 2011 WTO BUDGET PERFORMANCE 
4. The 2011 Budget remains on schedule after five  months.  The following table presents the 
consolidated budget by sections.  The actual figure includes the expenditure and existing obligations 
at the end of May 2011.   
WTO 2011 Consolidated Budget Performance  
Amounts in Swiss francs  
 
 
Part Section Budget Actual Actual/ 
2011 31/05/2011 Budget 
A 1 Work Years 126,310,600 48,537,180 38% 
  2 Temporary Assistance 15,992,700 10,228,010 64% 
B 3 Communications 1,786,500 447,420 25% 
  4 Building Facilities 3,866,000 2,179,090 56% 
  5 Permanent Equipment 1,089,000 538,600 49% 
  6 Expendable Supplies 1,281,000 905,000 71% 
  7 Contractual Services 9,236,600 7,363,470 80% 
C 8 Staff Overheads 4,827,000 1,653,310 34% 
  9 Missions 2,939,000 1,071,320 36% 
  10 Trade Policy Courses 3,315,000 746,360 23% 
  11 Various 6,449,500 4,058,230 63% 
D 13 ITC 18,911,000 7,671,000 41% 
Grand Total 196,003,900 85,399,000 44% 
 WT/BFA/W/242 
Page 2  
 
  5. The activity level remains very strong in the dispute settlement area. Resources engaged in 
the Legal Affairs Division and Appellate Body Secret ariat are currently under a high level of pressure. 
The pressure on the Secretariat's resources to support th e appeals is expected to remain strong at least 
until 2012.  The increase in the dispute settlement ar ea and in the number of Trade Policy Reviews to 
be issued is also impacting on translation and document production resources.  The WTO Secretariat 
carefully monitors the situation to maintain  the expenditure with in the overall budget. 
IV. CONTRIBUTIONS FROM MEMBERS AND OBSERVERS  
6. The level of contribution receipts from Members and Observers after five months is below 
that for prior years.  Members paid overall 61 per cent of their 2011 contributions at the end of May 2011.  This is 7 per cent below the average of the three prior years at the same period. 
Situation on Members and Observers Contributions  
on 31 May 2011 
 
 Members 
(CHF) Observers 
(CHF) 
Total net assessment for 2011  194,116,048  903,495 
Payment received for 2011 (% of total 
assessment) (61%) 117,842,838 (46%) 419,307 
Payment received for prior years  8,364,547  162,397 
No outstanding balance (% of total) (39%) 60 (35%) 11 
 
V. WTO TREASURY MANAGEMENT 
7. The WTO holds CHF 107 million at the end of  May 2011.  This amount includes the amount 
of the Working Capital Fund and funds held on behalf  of trust funds.  The situation is in line with 
prior years and there are no short-term cash flow concerns.  The WTO holds most of its cash in Swiss 
francs.  This cash, which is predominantly held with  banks, earns interest at less than 0.30 per cent. 
Total Cash Situation (including Work ing Capital Fund and Trust Funds) 
 
52
2733
21 20
(15) (20) (25) (22) (21)94102110108 107
-250255075100125
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DECMillions CHF
Projected Receipts Actual Receipts Projected Expenditures
Actual Expenditures Total Cash 2010 Total Cash 2011 
  WT/BFA/W/242 
 Page 3 
 
 
  VI. MEMBERS UNDER ADMINISTRATIVE MEASURES  
8. The following Members were subject to Administrative Measures on 31 May 2011.  
Members under Administrative Measures 
on 31 May 2011 
 
Category I 
(4 Members) Category II 
(4 Members) Category III 
(2 Members) Category IV - Inactive 
(7 Members) 
Bolivia, Plurinational State of Benin Saint Kitts and Nevis  Chad 
Former Yugoslav Republic of 
Macedonia Malí 
Nicaragua Uganda  Djibouti 
Dominica 
Ghana Malawi Bolivarian Republic of 
Venezuela  Guinea 
Guinea-Bissau  
   Mauritania 
   Sierra Leone 
 
 
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