COMMISSION OF THE EUROPEAN COMMUNITIES 
Brussels, 14.07.1998 
COM( 1998) 442 final 
COMMUNICATION FROM THE COMMISSION 
TO THE COURT OF AUDITORS, THE EUROPEAN PARLIAMENT 
AND THE COUNCIL 
Balance sheets and accounts of the sixth and seventh European Development Funds 
for the financial year 1997 

CONTENTS 
- I -GENERAL DESCRIPTION OF COMMUNITY AID TO THE ACP 
STATES AND THE OCTUNDER THE EUROPEAN DEVELOPMENT 
FUNDS ............................................. · ......................................................................... 10 
1 EXPLANATION OF THE MAIN TERMS AND ABBREVIATIONS USED 
IN THE REPORT ...................................................................................................... 12 
2 BACKGROUND ........................ ~ ........................ ~ ..................................................... 17 
3 RESOURCES : PROGRAMMABLE & NON-PROGRAMMABLE AID .............. 18 
4 THE EDF AND OTHER COMMUNITY INSTRUMENTS .... ~ ............................... l9 
· 5 TOTAL EDF FINANCIAL AID ............................................................................... 20 
5.1 Aggregate position at end 1997 ....................................................................... 20 
5.2 Commitments and payments in the 1997 financial year ................................. 23 
5.3 Lome IV-Mid Term Review ......................................................................... 26 
5.4 -Aid to the Least Developed, Landlocked and Island ACP States 
(LDLICs) ......................................................................................................... 28 
-11-1997 PROGRAMMABLE AID ............................................................................... 30 
1 IMPLEMENTATION OF NATIONAL INDICATIVE PROGRAMMES 
(NIPS) .......................................................... , ............................................................. 32 
1.1 6th EDF ............................................................................ · ............................... 32 
1.2 7th EDF ........................................................................................................... 34 
1.3 Specific country situations .............................................................................. 36 
2 IMPLEMENTATION OF THE REGIONAL COOPERATION 
PROGRAMME ......................................................... ~ ............................................... 43 . 
2.1 6th EDF ... · ......................................................................................................... 43 
2.2 7th EDF ........................................................................................................... 44 
3 COOPERATION SECTORS .................................................................................... 47 
3.1 Cooperation for development by sectors ......................................................... 4 7 
3.2 Health programmes and the fight against AIDS .............................................. 50 
3.3 Microprojects ................................................................................................... 50 
3.4 Industrial cooperation and private investment. ................................................ 50 
3.5 Development of trade and tourism .................................................................. 51 
. 3;6 Cultural Cooperation ....................................................................................... 52 
3.7 Education and Training ................................................................................... 52 
-Ill -STRUCTURAL ADJUSTMENT FACILITY LOME IV ....................................... 54 
1 STRUCTURAL ADJUSTMENT PROGRAMMES FINANCED FROM 
THE 6TH EDF AS PART OF LOME IV STRUCTURAL ADJUSTMENT ........... 58 
2 STRUCTURAL ADJUSTMENT PROGRAMMES FINANCED FROM 
THE 7TH EDF AS PART OF LOME IV STRUCTURAL ADJUSTMENT ........... 58 
3 . SPECIFIC COUNTRY SITUATIONS ..................................................................... 60 
-IV-NON-PROGRAMMABLE AID ............................................................................ 62 
1 ST ABEX ..... .-......................................... ~ ................................................................... 64 
1.1 6th EDF ........................................................................................................... 64 
1.2 7th EDF .................................................................................... ." ...................... 64 
2 SYSMIN ................................. .' .................................................................................. 66 
2.1 6th ED F ........................................................................................................... 66 
2.2 7th EDF ........................................................................................................... 67 
3 AID FOR REFUGEES .............................................................................................. 68 
3.1 6th EDF ........................................................................................................... 68 
3.2 7th EDF ........................................................................................................... 68 
5 
4 EMERGENCY AID ...................................................................... _. ........................... 69 
4.1 6TH EDF ......................................................................................................... 69 
4.2 7th EDF ........ ~ .................................................................................................. 69 
5 RISK CAPITAL ........................................................................................................ 70 
5.1 6th EDF ........................................................................................................... 70 
5.2 7th EDF ................................................... : ....................................................... 70 
5.3 Share subscription on risk capital. ................................................................... 71 
6 INTEREST SUBSIDIES ........................................................................................... 74 
6.1 6th EDF ........................................................................................................... 74 
6.2 7th EDF ........................................................................................................... 74 
7 EIB ACTIVITIES IN ACP COUNTRIES IN-1997 .................................................. 76 
-V-COUNTERPART FUNDS ................................................................... -................... 78 
,• 
-VI -ITALIAN COFINANCING .................................................. ." ............................... 100 
-VII-GLOBAL COMMITMENT AUTHORISATIONS ............................................ 104 
-VIII -BALANCE SHEETS, STATEMENTS OF SOURC~S AND 
APPLICATION OF FUNDS, REVENUE AND EXPENDITURE 
ACCOUNTS ........................................................................................................... 108 
ACCOUNTING POLICIES AND VALUATION RULES.-................................... 110 
1.1 Accounting policies ....................................................................................... 11 0 
1.2 Valuation rules ............................................................................................... 112 
2 . 6TH AND 7TH EDF 1997 REVENUE ................................................................... 114 
3 6TH EDF ................................................................................................................ 116 
3.1 Balance sheet as at 31 December 1997 ..................................... _ ..................... 117 
3.2 Revenue and Expenditure Account ............................................................... 118 
6 
3.3 Statement of Sources and Application Funds .............................................. ll9 
4 7TH EDF .................................................................................. : ................................ 120 
4.1 Balance Sheet as at 31 December 1997 ......................................................... 121 
4.2 Revenue and Expenditure Account ........................................................... : ... 122 
4.3 Statement of Sources and Application of Funds ......................... , ................ ~ 123 
5 STATEMENT OF DEBTS AND VAT TO BE RECOVERED -6TH AND 
7TH EDF ................................................................................................................... 124 
6 NOTES TO THE ACCOUNTS .............................................................................. 126 
6.1 Balance Sheet" ................................................................................................ 126 
6.2 Revenue and expenditure ............................................................................... 128 
6.3 Statement of sources and application of ftuids .............................................. 129 
6.4 Statement of debts and V AT to be recovered ................................................ 130 
-I X-MANAGEMENT ACCOUNTS- SITUATION OF APPROPRIATIONS ....... 132 
-X-ANNEXES ............................................................................................................. 140 
1 CONSOLIDATED ACCOUNTS AT 31.12.1997 .................................................. 142 
1.1 Annual figures .............................................................................................. 143 
1.2 Nature ofaid .................................................................................................. 144 
1. 3 6TH ED F : breakdo\\-11 by instrument ............................................................ 146 
1.4 7TH EDF : breakdo\\-11 by instrument ............................................................ 14 7 
2. SITUATION BY COUNTRY AND BY INSTRUMENT ......................................... 149 
2.1 6thEDF .............................................................................................................. 149 
2.2 7th EDF ...................................................................... ." ..................................... 158 
..., 
.) OTHER MANAGEMENT INFORMATION ......................................................... 167 
3.1 Situation of« sleeping» commitments ......................................................... 168 
7 
3.2 Local revenue and expenditure to be regularised .......................................... 170 
3.3 Advances for study awards and technical assistance contracts at 
31.12.1997 ..................................................................................................... 171 
3.4 Advances on contacts as at 31.12.1997 .................... ; .................................... 172 
8-~ 
-1-
GENERAL DESCRIPTION OF COMMUNITY AIDTO THE 
ACP STATES AND THE OCTUNDER THE EUROPEAN 
DEVELOPMEN-T FUNDS 
10 
1. EXPLANATION OF THE MAIN TERMS AND ABBREVIATIONS USED IN THE REPORT 
ACPStates 
African, Caribbean and Pacific States signatory .to the Lome Convention(s). 
OCT 
Overseas countries and territories. 
Cltief Authorising Officer (CAO) 
Appointed by the Commission and responsible for managing the resources of the 
EDF. 
National Authorising Officer (NAO) 
Appointed by the government of the ACP State as its representative in all operations 
financed by the resources of the EDF. 
EDF 
European Development Fund: 
-Sixth EDF 
-Seventh EDF 
-Eighth EDF 
Paying agent third Lome Convention signed on 8 December 1984 (Lome 
Ill) and Council Decision (30 June 1986) on the association 
of the OCT States. 
fourth Lome Convention signed on 15 December 1989 
(Lome IV) and Council Decision (25 July 1991) on the . 
association of the OCT States. 
revised fourth Lome Convention (Lome IV his), 
ratification procedure under way; Council Decision of 25 
July 1991 on the association with the OCT, ratification 
procedure under way. 
The financial institution which holds funds and executes payments on the instruction 
of the Commission (EDF accounting officer or heads of delegation). 
Appropriation 
An amount of money reserved under the Lome Convention or Association Decision 
for a particular purpose or instrument. 
.,.\.-\-12 
Allocation 
An amount of money allocated to specific countries (NIP: National Indicative 
Programme) or regions (RIP: Regional Indicative Programme). 
Decision 
A financing decision taken by the Commission. For each decision there is an initial 
commitment of funds. In the management accounts, amounts corresponding to 
financing decision also include decommitments of funds remaining when a project 
is closed negative values. 
Overall Authorisation 
Overall amount agreed by the EDF Committee up to which limit the Commission 
can take financing decisions without further consultation of the EDF Committee. 
Commitment 
An accounting entry corresponding to a financing decision allocating funds to a 
specific project. Funds are transferred from an appropriation account to a project 
account. 
Decomn:aitment 
Transfers of unused funds back to the original source following completion of a 
programme/project or a reduction of the amount accorded by a financing decision: 
Assigned funds (contracts) 
Accounting entry usually corresponding to contractual commitments made by ACP 
States (estimates and contracts). Funds are transferred from the commitmenrto the 
relevant contract. Funds cannot be assigned unless there is already a commitment. 
In the management accounts the assignment of funds can also represent the release 
of funds (negative values) at the end of a contract when there are no more payments 
are to be made. 
Payment 
Sum paid during the calendar year including down payments arid advances (also 
includes, as negative values, sums paid back). 
( 1) Direct, payment : payment made directly by the Commission headquarters 
without prior approval by the NAO (e.g. Stabex and structural adjustment). 
(2) Local payment : payment of an amount in local currency at the request of the 
NAO and the Delegation by the local paying agent. 
(3) Semi-direct payment : payment validated and authorised locally, then sent to 
Commission headquarters in Brussels for execution. 
13 
(4) Semi-direct accelerated paymen.t : payment sent by the Head of Delegation 
directly to the Commission paying agent in Europe. 
Advance 
( 1) Provisional payments for works not yet performed, supplies not yet delivered 
or services not yet rendered. An advance can be made only after the contract 
is concluded, an assignment of funds booked and a guarantee (for the same 
amount) provided. There are three types of advance: for supplies, equipment 
and start-up. . 
(2) . Amounts paid to ACP States or their nominated agencies for work on direct 
labour contracts are considered advances until receipt of supporting 
documents testifying to their use in compliance with the work programmes. 
(3) Amounts paid to ACP States for structural adjustment programmes are also 
considered advances until confirmation of the proper utilisation of the funds 
by the ACP State is received. 
Authorisation 
Authorisation of payments by authorising officer in accordance with the Financial 
. Regulation governing the application of each Convention. 
·. Programmable aid 
The overall amount placed at the disposal of each ACP State or region on the basis 
of the indicative programmes agreed between the Community and the ACP State or 
States concerned. 
NIP 
National Indicative Programme (programmable aid). An allocation within the EDF 
to fund an individual country's development projects and programmes. 
RIP 
Regional Indicative Programme (programmable aid). An allocation within the EDF 
for the funding of regional development projects and programmes 
Non-programmable aid 
Aid other than programmable aid: the structural adjustment facility, Stabex and 
Sysmin,. emergency aid and aid for refugees, interest-rate subsidies and risk capital. 
14 
Emergency aid 
Emergency assistance granted to ACP States faced with serious economic and social 
difficulties of an exceptional nature resulting from natural disasters or extraordinary 
circumstances having comparable effects. The assistance is intended to be used in 
the most suitable ways to make a real contribution to remedying the immediate 
difficulties. It is managed by ECHO (European Community Humanitarian Office). 
Aid for refugees 
Assistance available to ACP States taking in refugees or returnees and intended (a) 
to meet acute needs not covered by emergency assistance and (b) in the longer term, 
to implement projects and action programmes aimed at self-sufficiency and · 
integration or reintegration. 
Structural Adjustment 
A package of measures designed to restructure developing countries' domestic and 
external' finances, in coordination with traditional long-term development schemes 
and with other sources of funds (IMF, World Bank, etc.). Many of the ACP States 
have experienced unprecedented economic and financial crises since the early 
1980s, typically in the form of across~the-board structural imbalances .-in the 
balance of payments, the bud~et, public enterprises, inflation, debt and so on. The 
viability and effectiveness of projects in these countries cannot be ensured without 
general or sectoral reforms: structural adjustment is the result of the need to 
reestablish these. balances. Structural adjustment is generally financed with 
resources from the structural adjustment facility (SAF) and, where appropriate, the 
national indicative programme. 
Structural adjustment may also have a regional dimension, e.g. the cross-border 
initiative (CBI). But the SAF is not part of the funds earmarked in the Financial 
Protocol to Lome IV for the financing of regional cooperation. 
GIP 
General Import Programme: a form of structural adjustment support in the form of 
grants of foreign ex~hange to support major macroeconomic reforms. 
SIP 
Sectoral. Import Programme: a form of structural adjustment support in the forni of 
grants of foreign exchange or direct procurement to support individual sector~ of the 
economy. 
Structural Adjustment Facility (SAF) 
A system of support for economic rationalisation (structural adjustment) policies. · 
15 
Stabex 
System for stabilising ACP States' export earnings from certain agricultural products 
on which their economies depend and which are affected by fluctuations in price or 
quantity. 
Sysmin 
Special financing facility for ACP States where the mining industry is of economic 
importance and undergoing difficulties (or likely to) in the near future. 
Risk capital 
Risk capital from the Fund is managed by the EIB and may be provided in the form 
of loans or equity participation. In the case of loans, it may be provided mainly in 
the form of subordinateci loans (redeemed only after other claims have been settled), 
or conditional loans (linked to the fulfilment of certain conditions with regard to the 
performance of the project financed). Equity participation may be provided to 
acquire temporary minority holdings on behalf of the Community in the capital of 
ACP enterprises or institutions financing development projects in the ACP States or 
of ACP financial institutions promoting and financing private investment in the 
ACP States. Such EDF expenditure is repayable to the Member States. The EIB is 
responsible for the collection of these monies, and credits all such amounts received 
to special accounts of the Member States in proportion to their contributions to the . 
Fund from which the sums are derived, unless the Council decides to allocate them ~ 
to other operations. 
Interest-rate subsidies 
Loans from the European Investment Bank's own resources are subject to a rate of 
interest. This rate is reduced by means of a subsidy. The amount of the interest-rate 
subsidy .calculated in terms of its value at the time of disbursement of the loan is 
paid directly to the Bank. 
16 
2. BACKGROUND 
The Community's development cooperation policy came into being at the same time 
as the Community itself. The first European Development Fund (EDF) was 
established in 1958, when the process of decolonization was not yet over. At the 
time it covered only 18 African countries and Madagascar which, following their 
independence, signed the first and then the second Yaounde Conventions. 
After these agreements came the four Lome Conventions, named after the Togolese 
capital where they were signed in 1975, 1979, 1984 and 1989. These Conventions 
represent the most far-reaching and lasting North-South cooperation agreement ever 
signed, and now link the 15 Member States of the Community with 70 African, 
Caribbean and Pacific countries. An Agreement amending the fourth Lome 
Convention was signed in Mauritius on 4 November 1995 and the revised 
Convention is currently undergoing the ratification process in the EU Member States 
and ACP countries. 
Alongside the Lome Conventions, the Council of Ministers has adopted successive 
Decisions on the Association of the overseas countries and territories (OCT) 
with the Community, which provide the basis for cooperation between the 
Commup.ity and the 20 OCT. So EC-ACP and EC-OCT cooperation is still the 
cornerstone of the Community's development policy in tenns of both finance and 
trade. In those thirty-eight years, the Community and its cooperation policy have 
both expanded in size and scope. In 1997 there are few developing countries which 
have not established special ties with the Community and even fewer which do not 
receive some form of Community aid. 
The European Development Fund (EDF) is the main financing instrument of the 
Lome Conventions and OCT Association Decisions. 
A separate EDF. is established as a rule for each successive Convention and 
Decision: thus the 5th EDF was constituted for Lome II, the 6th EDF for Lome Ill, 
the 7th EDF for the first five years of application of Lome IV, and the 8th EDF for 
the revised Lome IV. EDF operations are governed by five-year programmes of 
priority needs focused mainly on areas such as training, self-sufficiency in food, 
infrastructure o'r industrial investments. 
As the implementation cycle of an EDF lasts longer than the five-year lifetime of the 
corresponding convention, the Commission is currently administering both the 6th 
and 7th EDF, which are at different levels of maturity. 
17 
3. RESOURCES : PROGRAMMABLE & NON-PROGRAMMABLE AID 
EDF resources are divided into programmable aid and non-programmable aid. 
The EU· and its partners negotiate the use of programmable aid and produce an 
indicative programme for the ACP or overseas. country or territory in question. This 
is an outline document covering five years of fmancial and technical cooperation 
between the two partners and focusing on main needs such as training, food self­
sufficiency, infrastructures, industrial investment, etc. Programmable aid also includes 
an allocation for each region, for the financing of regional cooperation projects and 
programmes. 
Non-programmable aid (which includes, for example, Stabex, Sysmin, risk capital 
and emergency humanitarian relief), for which objective allocation criteria are laid 
down in advance, is not eannarked in advance for a particular country. 
EDF resources other than risk capital and interest-rate subsidies, which are handled 
by the European Investment Bank, are managed by the Commission. 
Ini~ially·the 6th EDF had a budget of some ECU 7 500 million, of which ECU 100 
million was set aside for the OCT, plus a further ECU 1 120 million of European 
Investment Bank (EIB) own resources, of which ECU 20 million was for the OCT. 
The Internal Agreement governing the management of the 6th EDF stipulates how 
the resources are to be allocated. · 
Lome IV was signed on 15 December 1989 and entered into force · on 
1st Sept~mber 1991. The accession of Eritrea in 1993 then brought the number of 
beneficiaries of the 7th EDF to a total of 70 ACP States and 20 OCT. The 7th EDF 
initially stood at some ECU 10 940 million, ECU 140 million of which was 
earmarked for the OCT. To this can be added ECU 1 225 million of EIB own 
resources, ECU 25 million of it for the OCT. The Internal Agreement governing the 
financing and management of 7th EDF stipulates how the resources are to be 
allocated. 
The Agreement amending Lome IV was signed in Mauritius on 4th November 1995 
and the Internal Agreement governing the financing and management of the 8th 
EDF was adopted by the Council on 20 December 1995. The 8th EDF has been set 
at ECU 13 132 million, with ECU 165 million set aside for the OCT. ECU 292 
million of this will come from the unexpended balances of previous EDFs, while the 
EIB will provide a further ECU 1 . 693 million from its own resources, ECU 35 
million of this for the OCT. 
18 
4. THE EDF AND OTHER COMMUNITY INSTRUMENTS 
Unlike other financial instruments, which are covered by the General Budget: 
-the EDF's resources do not come from EU Budget appropriations, but are paid 
direct by the EC Member States according to a formula fixed for each EDF; 
-each EDF is governed by a Financial Regulation which defines how the Internal 
Agreement is to be applied, particularly in terms of accounting and legal 
procedures. 
As a result, the usual rules governing budget appropriations are not applicable to the 
EDF. EDF funds are: 
-assigned for specific individual operations; 
made available on a multi-annual basis (for a minimum of five years) and 
subje_ct to a fixed ceiling set at the entry into force of eacJl Convention. 
The Commission therefore has to manage several EDFs simultaneously, until their 
definitive closure. 
In addition to aid from the EDF, however, ACP States may also get funds from the 
EU general bu~get, under the headings dealing e.g. with: 
• rehabilitation measures; 
• emergency aid; 
• assistance to banana producers (over and above Stabex). 
19 
5. TOTAL EDF FINANCIAL AID 
. 5.1 Aggregat_e position at end 1997 
With commitments totalling ECU 17 852 million at the end of the 1997 financial 
year and aggregate payments at ECU 13 353 million, the operations of the 6th and 
7th EDF (the two funds currently managed by the Commission) are now well 
advanced. 
The table below shows the position of the tWo EDF at end 1997, as well as the 
annual figures for commitments and payments for the period 1995-1997. 
General situation of the 6th and 7th EDF (in ECU million) 
(figures in brackets show percentage of appropriation executed) 
Aopropriation (a) 
6th EDF 
7th EDF 
of which advance against 
8th EDF 
TOTAL Aggregate at end 
1997 
7 921.6 (b) 
11 825.3 (c) 
110.7 (e) 
19 746.9 Annual total 
1995 
Net commitments (financing decisions less decommitments) 
6th EDF 7 533.6 45.6 
(95.1 %) (d) 
7th EDF 10318.5 1 474.5 
(87.3%) (f) 
of which advance against 110.1 (e) 
8th EDF 
TOTAL 17 852.1 1 520.1 
(90.4%) (g) 
of which advance against 110.1 (e) 
8th EDF 
Net pavments (oavments less amounts recovered) 
6th EDF 6 777.6 268.2 
(85.6%) (d) 
7th EDF 6 575.0 1 295.5 
(55.6%) (f) 
of which advance against 94 (e) 
8th EDF 
TOTAL 13 352.6 1 563.7 
(67.6%) (g) 
of which advance against 94 (e) . 
8th EDF 
20 Annual total 
. 1996 
-53.0 
1 017.9 
964.9 
199.1 
1 118.3 
1317.4 Annual total 
1997 
24.2 
591.8 
110.1 (e) 
616.0 
110.1 (e) 
173.8 
1 038.9 
94 (e) 
1 212.7 
94 (e) 
(a) Net of interest on funds on deposit at closure of accounts (ECU 51.1 million), 
which bring the total appropriation to ECU 19 695.8 million. 
(b) The Internal Agreement on the 8th EDF provides for the transfer of ECU 39 
million from the 6th EDF (comprising ECU 26 million of 6th EDF grants 
plus ECU 13 million of grants carried over to the 6 EDF from the 4th EDF on 
closure of the latter), bringing the total appropriation available under the 6th 
EDF to ECU 7 882.6 million. 
(c) The 8th EDF Internal Agreement provides for a transfer of ECU 253 million 
from the 7th EDF. The total available 7th EDF appropriation is therefore 
ECU 11 572.3 million. 
(d) Counting transfers to the 8th EDF (see point (b) above) the figures for 
e~ecution of the 6th EDF are : commitment rate 95.6% and. payment rate 
86.0%. 
(e) Due to the delayed ratification and entry into force of the 8th EDF remainders 
of the 7th EDF were used during 1997 to finance operations that could not be 
postponed (CDI and Stabex) and that otherwise would not have been 
financed. This procedure was used already in 1996. The ACP-EU Council 
has made the funds available by way of advances to the 8th EDF pending the 
entry into force of the latter Fund. 
During 1997 the ACP-EU Council of Ministers approved the use of the 7th 
EDF fund to finance the 1998 budget of the CDI (ECU 11 787 955.39 under 
Decision 5/97 dated December 19, 1997, hereof ECU 8 513 955.39 was 
engaged during the year). In 1996 ECU 25.3 million was engaged as an 
advance to the 8th EDF to finance the 1996 and 1997 budgets of the CD I. 
Aggregate advances to finance the CDI has been engaged for ECU 33.8 -
million and paid for ECU 21.2 at the end of 1997. 
Stabex transfers to ACP States for the 1995 applications year were paid 
during 1997 for an amount of ECU 4.3 million. A decision by the ACP-EU 
Council (2/96) dated June 28, 1996 provided for ECU 76.2 million of 
unexpended money under the Lome IV first Financial Protocol to be used to 
provisionally pay Stabex transfers for the 1995 application year. Including 
transactions during 1997 commitments and payments stand at ECU 76.2 
millions and ECU 72.9 millions respectively at the end of 1997. 
In its decision on December 19, 1997 the ACP-EU Council also decided on 
an advance of ECU 600 000 from the 7th EDF in order to finance the 1998 
budget of the Joint Assembly. 
(f) Counting transfers to the 8th EDF (point (c)) and advances against it (point 
(e)) the figures for execution of the 7th EDF are: conunitment rate 89.1% and 
payment ~ate 56.6%. 
21 
(g) Counting transfers to the 8th EDF {points (b) and (c)) and advances against it 
{point (e)) the figures for execution of the 6th and 7th EDF are: commitment 
rate 91.7% and payment rate 68.5%. 
6th EDF 
Initially, the 6th EDF was allocated ECU 7 500 million. With new resources, EDF 
interest transfers, transfer of the remaining balance of the 4th EDF to the 6th EDF 
and transfers between Funds, the 6th EDF stood at some ECU 7 922 million at end 
1997, of which ECU 39 million is to go towards the 8th EDF. 
After 12 years of implementation almost all the decisions foreseen for the 6th EDF 
have been taken. Nearly 5o/o of the total appropriation remains to be committed and 
14% to be paid. 
Of the ECU 7 534 million committed at end 1997: 
-ECU 4 925 million is programmable aid 
-ECU 2 509 million is non-programmable aid 
-ECU 94 million is the balance transferred from the 4th EDF 
-ECU 6 million was for structural adjustment studies. 
Of the ECU 6 777 million paid at end 1997: 
-ECU 4 282 million is programmable aid 
-ECU 2 420 million is non-programmable aid 
-ECU 70 million is the balance transferred from the 4th EDF 
-ECU 5 million was for structural adjustment studies. 
7th EDF 
The 7th EDF was initially allocated ECU 10 940 million. With new resources, EDF 
interest transfers, transfer of the remaining balance of the 5th EDF to the 7th EDF 
and transfers between Funds, the 7th ~DF now has some ECU 11 825 million 
available (including ECU 253 million towards the financing of the 8th EDF). 
Interest accrued on moneys on deposit stood at ECU 51.0 million at end 1997. 
Of the ECU 10 319 million committed at end 1997: 
-ECU 5 039 million is programmable aid (ECU 33.8 million of which 
constitutes an advance against the 8th EDF ~see point (e) of the table) 
-ECU 3 764 million is non-programmable aid (of which ECU 76.2 
million of which is an advance against the 8th EDF-see point (e) of the 
table). 
22 
-ECU 1 145 million is for the Structural Adjustment Facility 
-ECU 370 million is the balance transferred from the 5th EDF. 
After six years of operation, the implementation of 7th EDF is proceeding at a good 
pace. 
As for payments a delay of 2 to 3 years must generally be allowed between a 
decision and the corresponding payment. 
Further, indicative programmes covering several years have a longer gestation 
period involving, in particular, the financing of studies and preparatory work during 
the preliminary stages. 
Of the ECU 6 57 5 million paid at end 1997: 
-ECU 2 511 million is programmable aid (of which ECU 21.2 million is 
an advance against the 8th EDF-see point(\!) of the table) 
-ECU 2 811 million is non-programmable aid (including ECU 72.9 
million advanced against the 8th EDF -see point (e) of the table) 
ECU 1 091 million is for the Structural Adjustment Facility 
ECU 162 million is the balance transferred from the 5th EDF. 
5.2 Commitments and payments in the 1997 financial year 
For each 6th and 7th EDF appropriation the following table shows: 
-commitments registered from 1 January to 31 December 1997 (i.e. 
financing deCisions adopted by the Commission) 
decommitments following project closures or reductions 1n amounts 
under financing decisions 
-net commitments, i.e. the difference between commitments and 
decommitments. 
23 
6th EDF 7th EDF I TOTAL 
Commitments Decommitment Commitments (riet) Commitments Decommitment Commitments (net) Commitments 
Grants 76.306.374,86 -36.596.419,25 39.709.955,61 427.867.231,59 -72.012.106,67 355.855.124,92 395.565.080,53 
p 74.698.175,98 -35.984.519,46 38.713.656,52 423.070.980,12 -70.678.019,45 352.392.960,67 391.106.617,19 
Incl. structural adjustment . 0,00 0,00 48.500.000,00 -11.241,12 48.488.758,88 48.488.758,88 
OCT 1.608.198,88 -611.899,79 996.299,09 4.796.251 .~7 -1.334.087,22 3.462.164,25 4.458.463,34 
Special loans -10.982.819,39 -10.982.819,39 ·· . r. ' · · ~:· . · -10.982.819,39 
ACP -10.972.631,51 · -10.972.631,51 t ; ' t; . -. ~;. ,· .~ ·_: -10.972.631,51 
OCT -10.187,88 -10.187,88 t· ,. ~ .Jl. ·--·~ : .. ~:._. .~.:-: ~ ..... ·~· -10.187,88 
76.306.374,86 -47.579.238,64 28.727.136,22 427.867.231,59 -72.012.106,67 355.855.124,92 384.582.261,14 
74.698.175,98 -46.957.150,97 27.741.025,01 423.070.980,12 -70.678.019,45 352.392.960,67 380.133.985,68 
1.608.198,88 -622.087,67 986.111,21 4.796.251,47 -1.334.087,22 3.462.164,25 4.448.275,46 
41.050.000,00 -348.307,97 40.701.692,03 40.701.692,03 
Stabex 0,00 0,00 0,00 
ACP 0,00 0,00 
OCT 0,00 
211.297,06 211.297,06 168.150.000,00 -12.816,00 168.137.184,00 168.348.481,06 
0,00 165.673.000,00 -12.816,00 165.660.184,00 165.660.184,00 
211.297,06 211.297,06 2.477.000,00 2.477.000,00 2.688.297,06 
Interest-rate subsidies -541.300,45 -541.300,45 5.211.043,72 -11.968.156,09 -6.757.112,37 -7.298.412,82 
p -541.300,45 -541.300,45 4.511.043,72 -11.968.156,09 -7.457.112,37 -7.998.412,82 
OCT 700.000,00 700.000,00 700.000,00 
Aid for refugees -496.824,57 -496.824,57 2.529.331,00 -300.697,82 2.228.633,18 1.731.808,61 
ACP -496.824,57 -496.824,57 2.329.331,00 -299.807,36 2.029.523,64 1.532.699,07 
OCT 200.000,00 -890,46 199.109,54 199.109,54 
Emergency aid 85.643,23 -3.217.793,76 -3.132.150,53 7.425.106,62 -8.664.316,67 -1.239.210,05 -4.371.360,58 
p 85.643,23 -3.217.793,76 -3.132.150,53 7.425.106,62 -8.654.183,56 -1.229.076,94 -4.361.227,47 
OCT -10.133,11 -10.133,11 -10.133,11 
Risk capital -336.117,38 -336.117,38 15.700.000,00 -2.310.816,38 13.389.183,62 13.053.066,24 
ACP -336.117,38 -336.117,38 15.700.000,00 -2.310.816,38 13.389.183,62 13.053.066,24 
OCT 0,00 0,00 
NON-PROGRAMMABLE AID 296.940,29 -4.592.036,16 -4.295.095,87 199.015.481,34 -23.256.802,96 175.758.678,38 171.463.582,51 
ACP 296.940,29 -4.592.036,16 -4.295.095,87 195.638.481,34 -23.245.779,39 172.392.701,95 168 .. 097.606,08 
OCT . 3.377.000,00 -11.023,57 3.365.976,43 3.365.976,43 
Unexp. bal. 1 st-Sth EDF 1.278. 762,96 -1.494.644,28 -215.881,32 37.848.041,83 -18.394.422,98 19.453.618,85 19.237.737,53 
ACP 1.245.424,47 -1.494.644,28 -249.219,81 · 37.811.380,32 -18.394.315,50 19.417.064,82 19.167.845,01 
OCT 33.338,49 33.338,49 36.661,51 -107,48 36.554,03 69.892,52 
TOTAL 77.882.078,11 -53.665.919,08 24.216.159,03 705.780.754,76 -114.011.640,58 591.769.114,18 615.985.273,21 
ACP. 76.240.540,74 -53.043.831,41 23.196.709,33 697.570.841,78 -112.666.422,31 584.904.419,47 608.101.128,80 
OCT · 1.641.537,37 -622.087,67 1.019.449,70 8.209.912,98 -1.345.218,27 6.864.694,71 7.884.144,41 
24 
6th EDF 
Net commitments in 1997 totalled ECU 24.2 million, corresponding to gross 
: commitments (ECU 77.9 million) and decommitments (-ECU 53.7 million). The 
commitments of programmable aid (ECU 76.3 million) largely offset the 
decommitments (ECU 47.6 million). For the non programmable aid the only· 
commitment concerned Sysmin (ECU 0.2 million) and the Emergency Aid (ECU 
0.1 m~llion). 
Payments were 13% down on 1996 levels, falling from ECU 199.1 million to ECU 
173.8 million. 
New commitments and payments are mainly for programmable aid, most decisions 
and payments relating to non-programmable aid having been made before 1993. 
7th EDF 
Net commitments in 1997 totalled ECU 592 million with new financing decisions at 
ECU 706 million running well ahead of registered decommitments (-ECU 114 
million): Of the ECU 706 million in financing decisions, ECU 8.5 million is to be 
used by way of an advance against the 8th EDF (to finance the CDI's budget). 
The slowdown in commitments in 1996 and 1997 (down 31% and 42% respectively 
from the previous year's figures) is only to be expected given that over 87% of the 
appropriation has been used and the 7th EDF appropriations for the quick-disbursing 
instruments such as Stabex and the Structural Adjustment Facility have been 
virtually exhausted. The same applies to aid for refugees and emergency aid, which 
are being financed from the Commission budget pending entry into force of the 8th 
EDF. New decisions therefore relate essentially to programmable aid (ECU 428 
million), Sysmin (ECU 168.1 million), risk capital.(ECU 15.7 million), 5th EDF 
balances (ECU 3 7.8 million) and the Structural Adjustment Facility (ECU 41 
million). 
Payments in 1997 (ECU 1 038.9 million of which ECU 15.8 million by way of an 
advance· against the 8th EDF) were down 7o/o from 1996 and 14% from 1995. 
Payments relate essentially to programmable aid (ECU 685.7 million of which ECU 
11.5 million advance against the 8th EDF), Stabex (ECU 18.7 million of which . 
ECU 4.3 million advance against the 8th EDF), risk capital (ECU 108.6 million) and 
the Structural Adjustment Facility (ECU 74.3 million). 
25 
5.3 Lome IV-Mid Term Review 
Negotiations for the mid-term review of the Lame IV Convention and the renewal 
of its financial protocol started on 20 May 1994 at M'babane (Swaziland) and ended 
on 30 June 1995 in Brussels. The agreement formalising the results was signed in 
Mauritius on 4 November 1995. 
As a result of the negotiations a number of adjustments were made to adapt ACP­
EU cooperation to developments which have taken place since the signature of the 
Convention in 1989 and to make its various instruments more effective. 
In the political field, the emphasis is on safeguarding human rights and backing the 
process of democratisation and consolidation of the rule of la\v in the ACP States. 
These principles are enshrined as "essential elements" of the Convention and can be 
used as grounds for individual measures, which may even include total or partial 
suspension of cooperation. This machinery is now supplemented by clauses 
encouraging parliamentary representation in the Joint Assembly and the provision of 
· financial resources to back institutional reforms in the ACP states. 
The development of trade now plays a greater part in c.ooperation, with the two sides 
agreeing to extend . preferential access to the Community market to almost all 
products originating in the ACP States, and to adjust certain rules of origin. A new 
protocol on the long-term management of forestry resources was also added to the 
Convention. 
The two sides agreed to strengthen or adapt certain sectoral cooperation activities 
including cultural cooperatio~, industrial cooperation, decentralised cooperation, 
maritime transport and Stabex. 
In th~ interests of more effective cooperation a number of changes were made to the 
financial provisions with the aim of: 
• making programming more flexible (two instalments); 
• strengthening the regional dimension of structural adjustment; 
• relaxing the financial conditions for EIB operations and encouraging the role of 
the EIB in the promotion of the private sector. 
The qu~stion of debt is a particularly sensitive one for the ACP States and the 
Community made an important statement on this issue, reaffirming its desire to 
contribute substantially to a solution and undertaking to convert all special loans not 
yet committed into grants. 
26 
. The table below shows the appropriations fixed under the 8th EDF 
(ACP Stat.es and OCT). 
8th ED F appropriations hv instrument (in ECU million) 
Global amount: ACP 
OCT 
Risk Capital: ACP 
OCT 
Grants: ACP 
OCT 
STABEX: ACP 
OCT 
SYSMIN: ACP 
OCT 
Structural Adjustment: ACP 
. Emergency Aid: ACP 
OCT 
Aid to Refugees: ACP 
OCT 
Interest-rate subsidies: ACP 
OCT 
NIP: ACP 
OCT 
Regional Cooperation: ACP 
OCT 
<a> of which: -Centre for the Development of Industry 73.0 
-Regional trade promotion 85.0 
. -Joint Assembly 4.0 
-Institutional support 80.0 12 967.0 
165.0 
1 000.0 
30.0 
11 967.0 
135.0 
1 800.0 
5.5 
. 575.0 
2.5 
.1 400.0 
140.0 
3.0 
120.0 
0.5 
370.0 
8.5 
6 262.0 
105.0 
1 30o.o<a> 
10.0 
To this· can be added the ECU 1 693 million contributed by the European 
Investment Bank from its own resources (of which ECU 35 .million for the OCT). 
27 
ECU 292 million of the 8th EDF financing comes from resources 
unallocatedlunused under previous Funds: 
-ECU 253 million comes from 7th EDF grants, 
-ECU 26 million comes from6th EDF grants, 
-ECU 13 million comes from 4th EDF grants transferred on closure to the 6th EDF. 
5.4 Aid to the Least Developed, Landlocked and Island ACP States 
(LDLICs) 
The ACP Council of Ministers Lome IV review meeting in Mauritius in November 
1995 focused its attention on the Least Developed, Landlocked and Island Countries 
(LDLICs). 
It adopted an EU proposal to include 5 new countries (Angola, Liberia, Madagascar, 
Zaire and Zambia) in the list and to withdraw 11 (Antigua and Barbuda, Belize, 
Botswana, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, Saint Vincent 
and the Grenadines, the Seychelles, Swaziland and Tonga). 
The new list is therefore as follows: 
Revised list of the LDLICs (Article 330 paragraph 1, Lome IV) 
In total, 39 ACP Countries, including 12 landlocked countries and 10 island 
countries 
Angola Eritrea Malawi Somalia 
Benin Ethiopia Mali Sudan 
B urkina F aso Gambia Mauritania Tanzania 
Burundi Guinea Mozambique To go 
Cape Verde Guinea Bissau Niger Tuvalu 
Central African 
Republic Haiti Rwanda Uganda 
Chad Kiribati. Solomon Islands Vanuatu 
Comoros Lesotho Sao Tome & Samoa 
Djibouti Liberia Principe Zaire 
Equatorial Guinea Madagascar Sierra Leone Zambia 
28 
A joint ACP-EU declaration states that if a country which has been removed from 
the list suffers serious hardship as a result, the Community will consider ways of 
addressing its specific problems. · In this context, the European Union will give 
particular consideration to the problems of countries which are confronted with 
serious structural weaknesses. 
The ACP-EU Joint Committees are responsible for monitoring implementation of 
the declaration and informing the Council of Ministers of the results of its 
application. 
As a result of the mid-term review exercise, improvements have also been made to 
the special treatment accorded to Least Developed, Landlocked and Island Countries 
under the ST ABEX system. This amendment provides that in the event of a shortfall 
· in resources, no additional reduction will be applied to the Least Developed and 
Landlocked States when the basis of the transfer is less than ECU 2 million, or to 
Island States when it is less than ECU 1 million (new Article 194 § 5). 
29 
-11-
1997 PROGRAMMABLE AID 
30 
1 IMPLEMENTATION OF NATIONAL INDICATIVE PROGRAMMES (NIPS) 
1.1 6th EDF 
Appropriations -ACP States 
When the 6th EDF opened ECU 4 962.5 million was allocated to programmable aid 
for the ACP States, of which ECU 4 362.5 million in the form of grants and ECU 
600 million in the form of special loans. Since then the grant appropriation has been 
increased by ECU 261.0 million to ECU 4 623.5 million, mainly through the 
continued transformation of unused balances freed up when closing interest rate · 
subsidy projects, special loans, emergency and refugee projects as foreseen in the 
Internal Agreement of the Lome Ill Convention, a Council Decision in 1995 and in 
the Lome Ill Convention respectively. At the end of 1997 the special loans 
appropriation was ECU 504.0 million. This amount is totally committed and has 
decreased with ECU 11.0 million through transfe_r to grants as described above. 
At 31 December 1997 total ACP programmable aid was ECU 5 127.5 million, 
broken down as follows: 
-ECU 4 177.5 millionfor the NIPs of the ACP States (ECU 3 729.6 million in the 
fo?Jl of grants and ECU 447.9 million in the form of special loans). 
-ECU 912.2. million for the ACP regional cooperation programme, of which . 
ECU 856.1 million in the form of grants and ECU 56.1 million in the form of 
special loans. 
-ECU 30.6 million of unallocated grants (of which ECU 26 million earmarked 
to finance the 8th FED). 
-ECU 7.2 million of EDF interest transfers to finance administrative and 
financial expenditure. 
Appropriations -OCT 
When the 6th EDF opened, the programmable aid allocation to the OCT was ECU 
73.5 million of which ECU 48.5 million in the fonn ofgrants and ECU 25 million in 
the fonn of special loans. Since then the grant appropriation has been increased by 
ECU 7.8 million to ECU 56.3 million. Included in this increase is a transfer of 4.4 
million from unallocated special loans. At 31 December 1997, total OCT 
programmable aid was unchanged at ECU 76.9 million. It is broken down as 
follows: 
-ECU 66.9 million for the NIPs of the OCT (ECU 46.3 million in grants and 
ECU 20.6 million in special loans). 
-ECU 10.0 million for the OCT regional cooperation programme all of which 
ECU represented grants. 
3~-32 
Commitments and payments -ACP States 
Total aggregate commitments under programmable aid to the ACP States amount to 
ECU 4 855.5 million (95o/o of the appropriation), while aggregate payments amount 
to ECU 4 225.2 million (82% of the appropriation). 
Aggregate commitments under NIPs for the ACP States amount to ECU 3 964.1 
million (95% of the NIP allocations), while aggregate payments amount to ECU 3 
457.5 million (83% of the NIP allocations). 
The rate of payment achieved at the end of the year is entirely satisfactory, with 41 
countries at over 85%. Of the other countries, 15 are lagging behind at under 75%. 
They can be divided into two categories: 
-countries in the throes of civil war or which have been though a civil war or 
serious unrest or countries where Community aid has been blocked for some 
reason (Ethiopia, Equatorial Guinea, Liberia, Rwanda, Somalia, Sudan and 
Zaire); 
-countries where implementation has . proved difficult (Barbados, Botswana, 
Congo, Fiji, Ghana, Kenya, Madagascar, Suriname and Trinidad and Tobago). 
In 1997 net commitments under programmable aid amounted to ECU 27.7 million. 
Net commitments under NIPs in financial year 1997 were only ECU 0.5 million. 
Payments under programmable aid totalled ECU 148.6 million ofwhich.ECU 117.2 
million for NIPs. 
Commitments and payments -OCT 
Aggregate commitments under programmable aid to the OCT total ECU 69.2 
million of which ECU 64.0 million for the NIPs (96% of the NIP allocations). 
Aggregate payments are ECU 57.2 million of which ECU 53.6 million under the 
NIPs (80% of the NIP ·allocations). 
In 1997 commitments under programmable aid total ECU 1.0 million of which ECU 
1.3 million for NIPs. Payments amount to ECU 2.6 million of which ECU 2.5 
million for NIPs. 
33 
1.2 7th EDF 
Appropriations -ACP States 
ECU 6 215 million was allocated to programmable aid (grants) for the ACP States. 
In 1997 the appropriation was increased by ECU 17.3 million as a result of the 
transfer of ECU 3 million from interest earned on EDF funds and of ECU 14.3 
million of non-allocated grants from EDF 1 to 5. 
During 1996 the appropriation was temporarily reduced by ECU 76.2 million to 
finance Stabex payments for the 1995 application year pending the entry into force 
of the 8th EDF. Once the 8th EDF is open, this withdrawal will be paid back to the 
7th EDF. 
At 31 December 1997, total ACP programmable aid amounted to ECU 6 156.0 
million broken down as follows: 
-ECU 4 917.7 millionfor the NIPs of the ACP States (of which ECU 142 million 
is unavailable because earmarked for financing the 8th EDF); 
-ECU 1 186.9 millionfor the ACP regional cooperation programme (see point 
2.2. of this chapter); 
-ECU 34.8 million blocked and earmarked to finance the 8th EDF (at the 
outset this sum amounted to ECU 111 million; it was temporarily reduced to 
finance 1995 Stabex transfers); .. 
-ECU 3.0 million of EDF interest transfers to finance administrative and 
· financial expenditure 
-ECU 13.6 million unallocated grants. 
Appropriations -OCT 
ECU 97.5 million was allocated to programmable aid (grants) for the OCT, broken 
down as. follows : 
-ECU 86.0 million for the NIPs of the OCT; 
-ECU 11.5 million for OCT regional cooperation programme . 
Commitments and payments- ACP States 
Total aggregate commitments under ACP programmable aid are ECU 4 974.9 
million (81 o/o of the appropriation). Aggregate payments amount to ECU 2 4 72.4 
million ( 40% of the appropriation)~ Aggregate commitments under the NIPs 
amount to ECU 3 898.3 million (79.0% of the NIP allocations). This rate is well 
behind that achieved for previous EDFs at the same stage in the life of the Fund. 
34 
Nonetheless, 48 countries exceed 85% and of these 34 exceed 95%. The average 
delay can therefore be put down to the fact that 11 countries have a rate of less than 
60%: 
-Burundi, Eritrea, Ethiopia, Equatorial Guinea, Liberia, Nigeria, Sudan and Togo, 
among the countries which are at war, in the midst of serious crisis or had their 
aid cut off; 
-Kenya, St Lucia, Western Samoa and Tonga among the countries in which 
implementation has proved difficult. 
For NIPs aggregate payments are ECU 1 950.6 million ( 40% of the NIP al 
locations). The average rate of payment is well behind the rates for previous EDFs 
at the same stage in the cycle. Unlike the decisions, the situation for payments is 
not very satisfactory even taking account of the breakdown by country. This is 
therefore an general problem in the context of the 7th EDF. 
In 1997 net commitments under programmable aid amount to ECU 3 52.4 million 
(ECU 423 million of new decisions and -ECU 70.7 million of decommitments). For 
the NIPs net commitments are ECU 23 9.1 million. 
In 1997 programmable aid payments total ECU 685.7 million, of which ECU 533.6 
million for the NIPs. 
Commitments and payments -OCT 
For the OCT, aggregate commitments under programmable aid amount to ECU 64.5 
million (of which ECU 55.2 million for NIPs, i.e. 64% of the.NIP allocations) and 
aggregate payments amount to ECU 38.7 million (of which ECU 33.0 million for 
NIPs, i.e. 38.0% of the NIP allocations). 
In 1997 new programmable aid commitments amount to ECU 3.5 million 
(decomrilitments are less than ECU 100 000). For the NIPs, net commitmen~s are 
ECU 3.2 million. 
1997 programmable aid payments amount to ECU 9.4 million of which ECU 7.9 
million for the NIPs. 
35 
1.3 Sp_ecific country situations 
The purpose of this chapter is to describe briefly the implementation of development 
aid in 1997 in those instances where serious difficulties were experienced. A more 
detailed country by country description is published in: 
-"Financial cooperation under the Lome Conventions" (Office for Official 
Publications), 
-"ACP-EU cooperation" (Courrier ACP-EU). 
Burundi 
Following the coup d'etat on 25 July 1996 and the decision of the neighbouring 
States to impose an embargo on Burundi, the precarious security situation led the 
Commission to withdraw its Delegation staff. 
In January 1997, because of the worsening situation in Burundi the Commission 
closed the remaining EDF health and rural development programmes and suspended 
the rehabilitation and micro-projects programmes, in the hope that these two 
programmes could be restarted once circumstances in the country permitted. 
Hence no new development programme got off the ground in 1997. although ECHO 
and food aid have continued to meet the population's basic needs, should the 
security situation improve. 
7th EDF NIP Aggregate Aggregate 
commitments -NIP commitments- Non 
NIP 
InECU 112.0 45.7 90.4 
million 
As% of the 41% 81% 
NIP 
Congo 
The implementation of financial and technical cooperation is largely dependent on a 
dual macroeconomic and sectoral policy reform process. The results· achieved in the 
past were fairly modest which explains the considerable delay in the implementation 
of the 6th and 7th EDF NIPs. In 1997 the Government had undertaken to provide a 
sectoral · policy with implementation provisions for the National Health 
Development Programme. 
36 
Instead 1997 was disastrous with four months of a full-scale civil war, the 
interruption of international development cooperation and the evacuation of the 
Commission's Delegation in the capital. Virtually EDF financed aid was stopped as 
a result of this. 
7th EDF NIP Aggregate Aggregate 
commitments- NIP commitments -Non 
NIP 
InECU 51.0 40.6 . 7.3 
million 
As o/o of the 80% 14% 
NIP 
Equatorial Guinea 
The utilisation of the financial resources provided to Equatorial Guinea under the 
6th EDF has improved during 1997 with a payment rate attaining 81% at the end of 
the year. 
The situation of the 7th EDF NIP shows however a considerable delay in the 
utilisation of financial resources. 
The reason for this delay is that the Commission, because of Equatorial Guinea's 
persistent inability to comply with Article 5 of the fourth Lome Convention, has 
been unable to accept the implementation of planned operations under the 7th EDF 
NIP. Certain progress has been made and it is hoped that cooperation will be 
resumed during 1998. 
7th EDF NIP Aggregate Aggregate 
commitments- NIP commitments- Non-
NIP 
InECU 12.5 5.8 9.1 
million 
As o/o of the 46% 73o/o 
NIP 
37 
Liberia 
Since the outbreak of hostility seven years ago nonnal economic activities have 
been at a standstill. However, with the continued consolidation of the peace process 
during 1997, culminating in elections in July and the installation in August of a 
democratically elected inclusive government, hopes are high for an end to the seven 
year crisis in Liberia. 
EC Community funding of programmes in Liberia during 1997 concentrated on 
humanitarian aid with local community resettlement and re-integration of ex­
combatants given priority. A Second Rehabilitation Programme for 27 MECU was 
prepared in 1997 to continue the funding of rehabilitation, resettlement and 
repatriation operations in 1998. This effectively uses up all remaining EDF 
commitments for Liberia prior to the 7th EDF. 
Providing that peace and stability have returned in a permanent way to the country, 
·it is planned to re-open the Commission Delegation and finalise a National 
Indicative Programme covering the use of 7th and 8th EDF NIP resources before the 
end of 1998. 
7th EDF NIP Aggregate Aggregate 
commitments -NIP commitments- Non 
NIP 
InECU 50 0 26.7 
million 
As% of the 0% 53% 
NIP 
Nigeria. , 
All EU development cooperation with Nigeria was frozen in 1995 following the 
hanging of Ken-Saro Wiwa and eight other Ogoni leaders. This decision was 
followed by other restrictive measures, including an arms embargo. 
Relations with Nigeria remained difficult throughout 1997. Only some projects 
. financed by Commission budget lines continued to operate. As far as the EDF is 
concerned no new project started during the year as a result of substantial 
outstanding arrears. A significant attempt to close down outstanding commitments 
was made. 
At the end of 1997 aid for Nigeria (more than ECU 300 million) remains blocked. 
38 
7th EDF NIP Aggregate Aggregate 
commitments- NIP commitments- Non 
NIP 
InECU 365.0 123.6 15.5 
million 
As% of the 34% 4% 
NIP 
Solomon Islands 
Implem~ntation of EDF Programmes continued to be adversely affected by the 
Government's unilateral decision in 1995 to halt or freeze a number of Stabex 
studies and NIP programmes. There was, consequently, no change to the amount of· 
commitments under the 6th EDF, which remained at 90%, although disbursements 
increased by 11 o/o during 1997 to 94%. Commitments under the 7th EDF increased 
by 10% to 78% while there was a 44% increase in disbursements to 70%. However, 
these figures do not indicate that the majority of EDF financed activities have been 
delayed, in some cases by as much as two years. Efforts continued throughout 1997 
to improve EC/Solomons' co-operation. A Memorandum of Understanding (MOU), 
encapsulating the basis for the normalisation of co-operation and an acceleration of 
the implementation of activities financed under the 6th and 7th EDF, was signed 1n 
November 1997. 
7th EDF NIP Aggregate Aggregate 
commitments -NIP commitments -Non 
NIP 
InECU 20.9 15.1 11 
million 
As o/o of the 72% 53% 
NIP 
Sierra Leone 
By 1996 the armed conflict begun by the Revolutionary United Front in 1991 had 
spread to most of Sierra Leone which became virtually inaccessible. Security 
conditions improved in 1996 with the signing of the peace agreement on 30 
November and frozen projects were resumed. However, in May 1997 a military 
coup ousted the legally elected government from power. Total freezing of all 
cooperation activities and evacuation of all Community personnel followed. 
39 
7th EDF NIP Aggregate Aggregate 
commitments -NIP commitments -·Non 
NIP 
InECU 83.6 73.2 46.0 
million 
As% of the 88% 55% 
NIP 
Somalia 
Somalia has been devastated by civil war since 1991, resulting in the total collapse 
of its social, political and economic systems. The international operation launched 
at the end of 1992 to restore peace came to a halt at the beginning of 1995 (troops 
withdrawn in March 1995) because of the lack of headway made in the peace 
.process and little cooperation from the various Somalian factions. Although relative 
peace has since been maintained, continuing rivalry and fighting prevent any 
attempt at national reconciliation. 
Somalia had failed to ratify Lome IV before the fall of Siad Barre an~ is thus not 
entitled to receive assistance under that convention. A special clause has heen 
introduced into the text of the Lame IV bis Convention to allow for the rapid 
accession of Somalia . to the benefits of that convention once an internationally 
recognised government is constituted. 
The Commission continues to finance rehabilitation operations in Somalia, using the 
balances remaining under Somalia's Lame II and Lome Ill National Indicative 
Programmes. 
Under the 38 MECU Rehabilitation Programme a further 13 rehabilitation activities . 
were launched during 1997 leading to 1 OOo/o of the Programme being committed and 
70% disbursed. Under the second Rehabilitation Programme for Somalia ( 4 7 
MECU)" 41 projects amounting to 15 MECU have been adopted. ·Activities under 
both programmes are being undertaken principally by NGO's, in regions where the 
prevailing security situation permits and where local authorities enjoying the trust of 
the population exist. Projects cover social sectors (education, health) as well as 
productive ·sectors like livestock and agriculture, rehabilitation of physical 
infrastructure.and institutional reconstruction. 
6th EDF NIP Aggregate Aggregate 
commitments -NIP commitments -Non 
NIP 
InECU 159.3 142.8 31.3 
million 
As% of the 90% 20% 
NIP 
Sudan 
In March 1990 the Commission informed the Sudanese Government that the 
situation in Sudan was not conducive to a constructive dialogue on programming 
Lome IV funds for Sudan. This has remained the Community's official line ever 
since, reflecting its concern about the situation with regard to respect for human 
rights, democracy, the armed conflict in the south, and the lack of meaningful 
progress towards peace. · 
There are currently no ongoing projects. 
Lome II and Ill unutilised balances amounting to ECU 87 million are blocked, as is 
. the Lome IV NIP for Sudan (ECU 142 million). Stabex transfers for application 
years 1990-94 (ECU 103.8 million) are also frozen. 
7th EDF NIP Aggregate Aggregate 
commitments -NIP commitments -Non 
NIP 
InECU 142.0 0 146.6 
million 
As% of the 0% 103% 
NIP 
To go 
Cooperation with Togo can be described as normal until 1991. During 1992 
following the violent breakdown of the democratic process all donors suspended 
cooperation with Togo. In March 1995 the Commission decided to gradually resume 
cooperation following general elections in February 1994 and the constitution of a 
government in June the same year. The pursuit" and extension of cooperation 
activities will depend on how the internal political situation develops (consolidation 
of headway made with regard to the return of refugees and respect for human rights, 
and setting-up of constitutional bodies).Some progress have been made but the re~ 
establishing of the rule of law has been slow. 
41 
During 1997 the Commission allowed the Stabex transfers for an amount of more 
than ECU 20 millions to take place. This was done following the Government's 
undertaking to organise the general elections of a president in 1998. The 
Commission envisages to provide support and technical assistance for a fair and 
transparent election process. 
7th EDF NIP Aggregate Aggregate 
commitments- NIP commitments -Non 
NIP 
InECU 68.0 19.8 25.1 
million 
As% of the 29% 37o/o 
NIP 
Democratic Republic of Congo 
Cooperation with the Democratic Republic of Congo (ex-Zaire) has been frozen 
since 1992. The Community's activities were therefore confined to humanitarian aid 
and sev~ral rehabilitation programmes of direct benefit to the people in three main 
regions (Kinshasa's economic hinterland, the two Kaisai and Grand Kivu): 
The fighting in Kivu region that has gone on since September 1996 has however 
brought to a halt also certain rehabilitation programmes. In spite of all the practical 
difficulties for field work an interim support programme for health (PATS I for 
ECU 21.3 million) could be completed in 1997. 
7th EDF NIP Aggregate Aggregate 
commitments -NIP commitments -Non 
- NIP 
InECU 51 40.6 7.3 
million 
As% of the 80% 14% 
NIP 
42 
2 IMPLEMENTATION OF THE REGIONAL COOPERATION PROGRAMME 
2.1 6th EDF 
Under Article 112 of the third Lome Convention a target of ECU 1000 million is set 
for the ACP States' regional programmes and projects. Regional projects can be 
financed by grants, special loans, risk capital and EDF interest rate subsidies and 
also loans from EIB own resources. For the OCT the target for regional cooperation 
is ECU 10 million. 
By decision of the Council (1987), the allocation of ECU 1010 million was reduced 
to ECU 994.8 million (ECU 15.2 million was transferred to Stabex). The 
Commission must provide funding of ECU 916.5 million to finance projects and the 
EIB must provide ECU 78.3 million. 
The table below shows the level of allocations and commitments at the end of 1997. 
Allocations Aggregate 
(million ECU) commitments 
-~~-'P::~_is,s~~n_t_a~_g~t(grants ~~~ s~~~i~lloa~s) ___ ,, :~ ~i :?-~:: / ~:.' :922~2 -~ ~:·~::::~~~,:~-i~:~f~8,~~:4 ~ 
Total RIP 
• Southern Africa 
• Central Africa 
• Western Africa 
• Eastern Africa 
• Indian Ocean 
• The Caribbean 
• The Pacific 
• French OCT 
• Dutch OCT 
• British OCT 
• U nallocated OCT reserve 
All ACP States budget 
El~ target :-.--· . ..-.... -'" f 
• Interest rate subsidies 
• Risk Capital 
• Loans financed by own resources (non EDF) 
43 133.0 
74.9 
203.0 
203.3 
25.6 
71.1 
39.0 
4.1 
4.1 
1.5 
0.3 
162.3 
,' 
' '~ ."" ... ~ ... ~ . '78.3 129.6 
74.8 
202.0 
192.0 
25.6 
60.3 
38.9 
1.4 
2.8 
1.0 
160.9 
1.0 
55.5 
12.4 
The "All ACP States budget" includes the amounts set by the third Lome 
Convention for financing: 
-the Centre for the Development of Industry (ECU 40 million); 
-regional programmes in the trade development field (ECU 60 million); 
-the Joint Assembly (ECU 1 million). 
The figure given for regional cooperation grants (ECU 912.2 million) in the 
management accounts (chapter XI, first column of tables 1 and 2 of point 2.1) is the 
Commission's target for the ACP States. The shortfall between the EIB's target and 
its decisions (ECU 9.4 million) is not covered by an equivalent grants reserve in the 
appropriations managed by the Commission. Nevertheless, the outstanding balance 
of the risk capital appropriation (ECU 77.1 million) should allow the EIB to finance 
further regional projects and attain its target. 
At the end of 1997, aggregate commitments for ACP and OCT regional cooperation 
(ECU 958.3 million) achieved a very high level.(96% ofthe objective). 
Aggregate payments for ACP and OCT regional cooperation totalled ECU 834.2 
million (81% of the allocation) of which ECU 765.3 million corresponded to the 
Commission's target and ECU 68.9 to the EIB's target. 
2.2 7th EDF 
The fo~ Lome Convention attaches special importance to regional cooperation 
and compared with previous Conventions contains· major innovations as regards 
objectives, methods and procedures. · 
A regional indicative programme was concluded at the end of 1992 for each of the 
seven regions of the ACP States. In four of them programming was coordinated by 
a regional organisation. 
The promotion and support of intra-regional trade and the coordination of 
macroeconomic and sectoral policies at regional level are priority objectives in each 
of the regional indicative programmes. The ACP States concerned have undertaken 
to take the necessary measures to facilitate this process. 
Besides direct operations, the overall objective of economic integration will be 
served by selecting and implementing regional activities within the priority sectors 
laid down for· each of the regions. Broadly speaking, the main sectors of regional 
cooperation under Lome IV are transport and communications, food security and 
conservation of natural resources, trade promotion and investment, and development 
of human resources. 
For the ACP States, the regional cooperation target is ECU 1 250 million and for the 
OCT it _is ECU 11.5 million. The Commission must provide funding of ECU 1 
136.5 million to finance projects and the EIB must provide ECU 125 million. 
Because of the new authorisations of credit (at Commission level) and new 
financing decisions (at EIB level) the allocation for regional cooperation is higher 
than the amounts set for the Commission (+ECU 61.9million) and the EIB (+ECU 
54.7 million). 
The table below shows the leyel of allocations and commitments at the end of 1997. 
Allocations Aggregate 
(million ECU) commitments 
·Commission target.(grants and _special loans) 
, ••• ·~ •• : • ', • • • • ... • • • < ..... 1136.5 '1 082.~ .. 
Target_~yerrun .·: 
-r~t~~-:(/~;:~~;-::::. :;_. . 
Total RIP 
• Southern Africa 129.0 128.1 
• Central Africa 84.0 83.9 
• --Western Africa 228.0 202.8 
• Eastern Africa 199.0 144.3 
• Indian Ocean· 30.0 29.9 
• The Caribbean 105.0 90.1 
• The P~cific 35.0 30.5 
• French OCT 25.0 24.9 
• DutchOCT 5.4 4.4 
• British OCT 4.0 3.4 
• U nallocated OCT reserve 2.1 1.5 
All ACP States budget 351.9 338.9 
·~~. !~rg~t . :;;;' ;· ;. /;·-~.; ':" •• • . . . . . : .··~ .·.. . :: f ·zr:>; . ':.'}< :~ :'j~'I)3S,;~. .:_,_~_:_:_·~.·. ·_.:..' __ ·.;;_f_v_.:.':.~.!_.·,:_~_~!:_:_·_ .. ·_:_.~_~~~-~-:.:_·_· .. ~~--.. ~)-~.:_·;_.~_.:_-~-_:· 
•~:~e:t'.~}~.~%~~'K:~I1T!'~'·i ·_:~;~:;~· ·· ... . ·. ·. ·. ··;,: :·,:;.~~;?:. 7I~n.~~t;~; .. -~t-_;(:2 :;:l79,:i: 
• Interest rate subsidies 25.5 
• Risk Capital 53.2 
• Loans financed by own resources (non EDF) 101.0 
45 
The "All ACP States budget" contains the allocations set by the Lome IV 
Convention for financing: 
-the Centre for the Development of Industry (E.CU 60 million); 
-regional programmes in the trade development field (ECU 70 million); 
-the Joint Assembly (ECU 3 million). 
At Commission level the increase in the target for regional is the result of the 
increased allocations in the "all ACP States" budget because of delays in ratifying 
the 8th EDF: 
-increase in the CT A allocation ( +ECU 16.94 million) to cover the 1996 and 
1997 budgets; 
-increase in the ACP Secretariat allocation ( + ECU 2 million) to cover the 1997 
budget; 
-increase in the CDI allocation (+ ECU 33.8 million following the Decisions of 
the ACP-EC Council of Ministers) to cover the 1996 and 1997 budgets; in this 
case it is a temporary increase (advance against the 8th EDF pending its entry 
into force). 
-increase in the Joint Assembly ( 600 000 ECU) following the Decision of the 
ACP-EC Council of Ministers. 
The EIB exceeded the target it had been set by ECU 54.7 million. 
The figure given for regional cooperation grants (ECU 1 186.9 million) in the 
management accounts (chapter XI, first column of tables 1 and 2 of point 2.2) is the 
Commission's allocation for the ACP States. 
At the end of 1997, aggregate commitments for ACP and OCT regional cooperation, 
\vhich amounted 'to ECU 1 082.9 million (of which ECU 33.8 million as an advance 
against the 8th EDF to finance the CDI) reached a very high level (90% of the initial 
target). 
Aggregate payments totalled ECU 591.4 million (33o/o of the initial amount) of 
which ECU 527.5 million corresponded to the Commission's target (including ECU 
21.2 million as an advance against the 8th EDF to finance the CDI) and ECU 63.9 
million to EIB's target. 
46 
3 COOPERATION SECTORS 
3.1 Cooperation for development by sectors 
The tables on the two following pages summarise EDF aid using the DAC 
(Development Assistance Committee) codes of the OECD categories. 
The priority sectors during 1997 for Lome IV have been: 
-transport and storage; 
-government and civil society; 
-industry, mining and construction. 
As can be seen from the aggregate decision figures below transport and storage is an 
important sector both under Lome Ill and Lome IV. The emphasis put on assistance 
to government and civil society is more recent and reflects the political intentions of 
the revised Lome IV and the Green Book. As far as the industry, mining and 
construction sector is concerned the unusually high volume of decisions during 1997 
are due to three new Sysmin projects. 
A review of contracts and payments gives an idea about priority changes. Transport 
and storage is in the lead with Structural adjustment also showing important 
amounts. The fact that decisions in this sector are relatively small is not a political 
choice but is due to all the funds available under Lome IV being used up for this 
instrument. Several financing decisions using the Structural Adjustment Facility will 
probably be taken as soon as the 8~h EDF becomes available. 
47 
The tables below show decisions (commitments), contracts 
(assigned funds) and payments broken down by type of aid. Sector classification of aid 
Some projects have not yet been classified are grouped under 
The classification is as ~sed by the OECD (DACcodes). The first table gives the last heading "unallocated/unspecified"). Most of these are 1997 
projects. Consequently, the second table (aggregate figures) gives 
a more accurate picture of the purpose of the aid. the 1997 figures (6th and 7th EDFs) while the second gives the aggregate figures. 
Negative figures represent decommitments. 
SECTOR 
(Amounts in MECU) Annual Decisions 1997 Annual Contracts 1997 Annual P11ymcnts 1997 
EDUCATION 
HEALTH 
··-
POPULATION PROGRAMMES --------------·------ ··--------
WATER SUPPLY AND SANITATION --,.. ___ ---·--------- ------- ----
·GOVERNMENT AND CIVIL SOCIETY 
OTHER SOCIAL INFRASTRUCTURE . . 
TRANSPORT AND STORAGE ------ . -. --~ -__ ,, 
COMMUNICATIONS 
ENERGY 
l~i~!\N~~-. ___ _ _ ·-_ _ _ 
BUSINESS AND OTHER SERVICES 
.... ---.. ---· -·--. - -
AGRICULTURE, FORESTRY AND FISIIJNG 
INDUSTRY, MINING AND CONSTRUCTION 
TRADE AND TOURISM ----------- ·-···-----. 
MUL TISECTOR PROGRAMMES 
STRUCTURAL ADJUSTMENT WITII WORLD BANK/IMF 
OTHER GENERAL ~·ROGRAMME AND COMMODITY ASSISTANCE 
-· -· ·--- . --
i EMERGENCY AND DISTRESS RELIEF 
I ~TIIERS/UNALLOCATED/UNSPECI FlED I 
I 
I 
I 
. . i . . 
--~--
1 EDF6 EDF 7 Total 
( 1,61) 0,07 (1,54) 
~------------
3,12 (4,24) (1,12) 
--------- ... -------. --··2.ool o,oo 2,oo 
·------- ·-------------
(2.54) (I ,57) ( 4,11) 
24.29 ------~~-2~86 ---------~3·7~15t··· 
(1~~~~)1 ~~~}: --~~~:~~~ 
(0,32)1 (0,21) (0,53) 
--
10,84 
(0,01) 
0,06 
(4,00) 
(0, 13) 15,02 ----o:o61--· 
0,24 
(7,90) 25,86 
0,05 
0.30 
(11,90) 
99,28 99,15 
2,84 () ,48) 1,36 EDF 6 EDF 7 ! Total EDF 6 ! 
~·~~ _3_~~·-2! . __ 38,74 _____ 5,4~1-
2,18 36,04! 38,22 6,971 
2,14 3,88! 6,02 2,39 .. ·j l 
~.95 ---. 14,79,. 15,74 -6,10! 
5,46 28,631 34,09 ~.701 
16,69 19,621 36,31 9,241 
38,94 234,37 273,31 27,841 
(0,40) 3,52! 3,12 3,85 i . 1- . i 
0,27 11,77! 12,04 9,67: 
(0,03) l,20i 1,17 0,18:-
1,61 
9,32 
6,20 
3,51 0,24; 1,85 0,19t 
· I I 
66,51 ; 75,83 28,21 : 
.. l ! 
53,54! 59,74 3,25: 
) 9,62l 23, t3: ·6,98 i ----··-------!----- -l 
84,85; 35, 17j 
186,751 12,89; --<il.o9) ---------7.44 ------("1'3~-65>- ------5:91· 78.88! 
0,00 89,38 89,38 9,82 176,931 
21,34: 5,84: 
I ' 
(1.68>; _ o.ooj 0,31 0,87 1,18 1,60 19,74! 
(2.68) ----_-(~2) ---_· -(9~70)1 (0,90) (0,78)! 
-··----------- ----- -- -. -- -I 
[__-----------. -----·-------!~! ~-~------. ----·--------·-. so.s51 1,891 
96-1,42! . . .. i"7J,84 . 
--------- --·-----------------· 13,64 105,95 119,591 5,17 45,681 
24,22 591,77 615,99 109,12 852,30 --------·-·--------------------- ---------------------- ---------- l 
·.'.-• 
48 EDF7 l I 39,941 
--I 
26,34! 
5.4i 
--i 
41,72; 
----.,. 
19,94l 
. . ( 
24,44! 
-I 
181,05! 
-_13._111 
63.st L 
21,37! ----. i 
0,62: 
i 
89,18: 
88,96[ 
-' 30,431 
t-
. 1~9.241 
177.92: 
i 25,46; 
. t 8,86, 
31,29i 
~~-~~~~~~L Total 
45,42 
33,31 
7,86 
47,821 
·_ ~~.~~~ 
33,681 
208,89 
~t~:l --·· I 
2~::~j 
'iH{
1 37,41 
184,41 
190,81 
31,30 
8,86 
_1:21~~ 
I-----.. 
EDUCATION 
HEALTH 
------.---SECTOR 
(Amounts in MECU) 
POPULATION PROGRAMMES 
-- . -- --
WATER SUPPLY AND SANITATION 
GOVERNMENT AND CIVIL SOCIETY 
IOTHE~{- SO~_I_i_\~ _I.NFRAS~I'RUCTURE 
TRANSPORT AND STORAGE 
I --COMMUNICATIONS 
--·-. -------
ENERGY 
FINANCE - -BUSINESS AND OTHER SERVICES 
--.. ---- ---. ----------- . -- --
AGRICULTURE, FORESTRY AND FISHING ---------------------------- ------------- ----
INDUSTRY, MINING AND CONSTRUCTION 
----------------------------- ----------.. --
TRADE AND TOURISM 
MUL TISECTOR PROGRAMMES ------------------------ ----- ----. STRUCTURAL ADJUSTMENT WITH WORLD BANK/IMF 
--------· -------.... -----· -------- -OTHER GENERAL PROGRAMME AND COMMODITY ASSISTAN 
------------ .. -----. ----------EMERGENCY AND DISTRESS RELIEF 
----OTHERS/UNALLOCATED/UNSPECIFIED -----·---------------
Cumulative Decisions Cumulative Contracts Cumulative Payments 
. -·--··------ ---·- !- 1 
EDF 7 Total EDF 6 EDF 7 Total i EDF 6 : EDF 7 EDF6 
200,361 --27"9~4·f ---479)7 181,22 189,73 370,951 171,051 130,81 
·13-f:69 ----f1-4.n ___ -44-6:46 -----1-16-:-94 -----163-.97 ·-2-so,9-i -~-o9.-12!:- 107,421 216,54 
7'7,391 ---8:501 -43,581 52,08 6,361. -:26,721 33,08 Total 
301,86 
444-."13i -f29)3i. i57,oi!· 386,80; 124,23!- -153,661 277,89 ---. -···--_,_ : : . l 
283,481 39,43, 94,961 134,39 35,20; 67,31: 102,51 
462,711 -90,551 149,12: 239,67 . 64,17: 1 16,42i ---'.~~-~~2-
2.349,421 1.037,941 877,271 1.915,21 943,29! 508,591 1.451,88 
239,841 103,981 102,631 206,61 94,44! 52,921- 147,36 
703,471 270,451 371,101 641,55 246,88 191,701 438,58 
8,94 149,53 _ I58,47 8,59 148,34 156,93 · 8,56 100,231 108,79 
2,77 8,78 11,55 1,92 1~171 3,09 0,27 0,83; 1,10 
916.~56 -583,48 --t.-S00,04 841~-17 417,77! 1.258,94 803,01 I 296,45! 1.099,46 
~~~~~~ : J~~:~ -~'f~!~~~ ~~~::~ -:~:~:~lj ~~~:~~ 3
~H~! ~~~:~~~-_~ -~i}.~! 
1.531,60 97~,4~ ___ 2. ·?~~·~.7j 1.4.20 .• ~.5 _725,6~j 2.14~,24 --.--!·358,~9-j ... ?51,651· ·_1.9_1_0._!~~.-
58,26 -~:_6~?~~-~- ___ !~7~1~?? ---5_5,?3 --1.593,_?4 1.649,27 --54,~~1- _1.524,4~- _1:~!~~0 
2.057, ~ 3 _1:_9?0·-~~ __ ]_:?_~-7~95 -__ 2._~52.~_1_ --1.777,63 3.830, 1~ --~·~~-7.~0,1 ---l ?70,51 --~·!! 8~ 
290,83 511,0 I 801,84 288,67 444,40 733,07 i 288,63 433,69 722,32 62,03 f 
308,67 -: ~~4~131 
220,81 283,48 
I 
343,23 -.... --
1.257,86 
~}~:~~~-. 
----------.. 
TOTAL ------- . --------- ------------. ----.... ··-·----. - I -· I . --------
18,41 223,17 241,58 5,89 87,30]' 93,19: 2,24 36,22 38,46 
7.533,64 10.318,50 17.852,14 7.099,70 8.154,72 15.254,42 6.777,64 6.574,99 13.352,63 -·--·--·-·----·----------------- -------·----·-----··-- ---·---------·--·-----·'--·-----------·L. _____ ·---·----·-·-----
49 
3.2 Heaith programmes and the fight against AIDS 
Financial support for health under the 7th EDF continued to grow significantly. At 
the end of 1997 projects totalling ECU 480 million had been approved under 
national and regional indicative programmes. 
Efforts continued to secure priority health expenditure in national budgets by 
allocating counterpart funds generated by structural adjustment support totalling 
ECU 40 million during 1997. In total some ECU 603 million was mobilised as 
budgetary support for health under the 7th EDF. 
Projects decided in 1997 include ECU 2 million for Tchad in order to secure 
continued medical service in remote areas and ECU 1. 9 million to support t he new 
national health plan in Madagascar. 
Under Lome IV ECU 50 million was reserved for action in the HIV/AIDS field, (of 
which ECU 20 million from the '1All ACP States" regional programme and ECU 30 
million from national indicative programmes). The commitment rate at the end of 
1997 was 95o/o. During the year two new financing decisions under the National 
Indicative Programmes of Malawi and Suriname were made. 
3.3 Microprojects 
In 1997 seven Microproject Programmes were adopted totalling ECU 12.1 million. 
The seven countries concerned are : Botswana, Comores, Ghana, Madagascar, 
Mauritius, Tanzania and Zambia. 
In 1997 the main sectors for microprojects continued to be economic and social 
infrastructure in rural areas. Activity did however increase in urban areas 
particularly in sectors capable of generating revenue. 
3.4 Industrial cooperation and private investment 
The vast majority of ACP states targeted the private sector in their indicative 
programme as one of the fields in which Community aid under Lome IV could 
supplement the policy measures and actions carried out by the national authorities. 
In 1997 the following countries focused attention on the identification of projects to 
support the private sector : Angola, Barbados, Burkina Faso, Cameroon, Cape 
Verde, Comoros, Congo, Ivory Cost, Ethiopia, Ghana, Guyana, Haiti, Jamaica, 
Kenya, Mauritius, Mozambique, Namibia, Niger, Dominican Republic, Senegal, 
.Seychelles, Suriname, Tanzania, Togo, Trinidad and Tobago, Zambia and 
Zimbabwe. 
The geographical spread of projects shows that 25% are located in West Africa, 
1 Oo/o in Central Africa, 22o/o in East Africa, 20o/o in Southern Africa, 13o/o in the 
Caribbean and 10% in the Pacific. 
50 
Depending on specific needs, these projects can be at three levels: 
at macroeconomic level in order to improve the institutional environment tn 
which the private sector operates; 
-at intermediate level in order to reorganise financial institutions or support the 
Chamber of Commerce or other institutions providing services to local 
compantes; 
-at company level tn order to provide credit lines to finance investment or 
training activities. 
The coordination of operations between the Commission, the European Investment 
Bank and the CDI was strengthened during regular meetings in 1997. 
The breakdown of projects by sector is as follows: 
-agri-foodstuffs 43o/o; 
-construction materials 32%; 
-other sectors 25%. 
3.5 Development of trade and tourism 
1997 represents a transition phase as far as development aid for trade and services is 
concerned. Programming in accordance 'vvith the revised Lome IV Convention, that 
specifies trade development as a priority area was carried out. 
The activities of APROMA and COLEACP, the branch organisations for raw 
materials and horticulture, were evaluated and redirected. A programme supporting 
the activities of COLEACP for a three year period staring February 1998 was 
approved by the Commission in December 1997. 
A new regional programme (EBAS) financed under the All ACP countries budget 
line was approved for an amount of ECU 30 million. The programme aims to 
stimulate the use of external experts for management, quality control, financing and 
so on through a 50% contribution for expenses incurred by ACP companies for this 
purpose. 
At a sub regional level many trade development programmes were started such as 
for example the development of a commercial net work in West Africa in 
collaboration with CNUCED. Initiatives were also taken to strengthen regional 
economic co-operation, UEMOA in West Africa, COMESA and SADC in East and 
South Africa respectively. 
51 
3.6 ·Cultural Cooperation 
EU-ACP cultural cooperation is made up of two parts: (i) taking into account the 
cultural dimension in all development projects and (ii) financing specific cultural 
schemes (preservation of cultural heritage, production and diffusion of cultural 
property, cultural events, information and communication). Several national and 
regional indicative programmes specifically identify the cultural sector as an area of 
cooperation. 
In ·1997 the Commission financed some 30 cultural programmes and operations 
totalling ECU 3.5 million. Among the projects financed were the 1997 FESPACO 
(the Panafrican Film Festival of Ouagadougou), a Theatre Festival at Maputo, s 
study for the reorganisation of the National Museum of Kenya and Cultural Centres 
in Jamaica, Dominican Republic and Trinidad and Tobago. 
In 1997 two major evaluations were finalised : one concerning the regional Bantu 
Cultural Programme and the other support to ACP artists participating in cultural 
activities in Europe. These two evaluations will shortly be the subject of an ad hoc· 
communication to European and ACP institutions. 
3. 7 Education and Training 
All help to the education and training area under the Lome Conventions has to 
conform to the guidelines given in two Council decisions in 1994 and 1996 
respectively. These decisions emphasise the importance of education policy and 
ba~ic education as opposed to secondary lt~vel education. At the end of the year 
some 200 projects were on-going corresponding to decisions of nearly ECU 600 
millions. The allocation of funds to various sub-sectors as shown in the table below 
during 1997 clearly reflect these priorities. 
Sub-sector 6th EDF 7th EDF . 
Education policy, administration and management 9o/o 17o/o 
Education facilities and training 17% 25% 
Teacher training 2% 5o/o 
Basic education (primary, non-formal, pre-primary) 12o/o 13o/o 
Secondary education(including vocational training) 36o/o 22o/o 
Tertiary education (higher education and advanced 24°/o 18o/o 
technical and managerial training) 
The overall allocation to education is increasing. At 31.12.97, a total of200 EDF 
projects were underway in the sector of education and training, representing a total 
commitment of around ECU 600 million. 
52 '5 ~ 
-Ill-
STRUCTURAL ADJUSTMENT FACILITY 
LOMEIV 
54 
The Commission has developed its structural adjustment policy in line with the 
Council resolution of May 1992, which was also agreed by the ACP-EC Council. 
This policy has four main objectives: 
-to stress the main aspects of the Convention, namely reconciling structural 
adjustment and long-term development, tailoring the pace of reform to the 
specific capacities and constraints of each country, and taking account of the 
regional and social dimensions of adjustment; 
-to ensure maximum consistency \Vith other Community instruments (such as 
food aid and Stabex) which also affect the balance of payments and public 
finances through counterpart funds; 
-to restructure the public finances of the countries concerned in order to improve 
the control and allocation of expenditure and thereby ensure proper use of 
Community aid; 
-to strengthen coordination with other donors (e.g. Member States and the World 
Bank and International Monetary Fund) at the planning stage and also during 
implementation. 
The overall situation of the structural adjustment programmes under Lome IV may 
be summarised as follows (in million ECU): 
• Aggregate commitments from all sources of financing 1 737.33 
• Balance to be committed under the 7th EDF 10.85 
Structural Adjustment Facility 
• Balance of the regional cooperation " budget for all 3.10 
ACP States" earmarked for structural adjustment programmes 
under the CBI 
• Amounts earmarked for structural adjustment under Lome IV 1 751.28 
• Amounts paid 1 595.89 
The amounts earmarked for structural adjustment represent 153o/o of the Structural 
Adjustment Facility appropriation provided for in the fourth Lome Convention. The 
amounts paid represent 91 o/o of all the sums earmarked for structural adjustment. 
The table below shows the aggregate commitments and payments, broken down by 
recipient ACP ~tate, under the structural adjustment programmes; all sources of 
financing are included (Structural Adjustment Facility, unexpended balances from 
the first five EDFs, 6th and 7th EDF National Indicative Programmes, Sysmin). 
') 5 56 
Structural adjustment- Aggregate total of commitments and payments at 31.12.1997 from all sources of financing (ECU million). 
SAF 7th EDF 
COUNTRY Included CBI (3) 
Unex.bal. 4th EDF 
Commit. Payment Commit. Payment 
Benin 39,100 39,100 
Burkina Faso 83,900 82,939 
Burundi 12,000 3,900 
Cameroon 33,700 33,602 
Central African Rep. 10,000 9,852 
Chad 19,604 19,507 
Comoros 6,600 6,514 
Congo 6,600 6,600 
Cote d'lvoire 77,200 73,858 1,022 0,000 
Djibouti 4,100 1,100 
Dominica 2,200 2,149 
Dominican Republic 22,779 22,779 
Ethiopia 78,400 77,353 
Gabon 8,200 6,619 
Gambia 6,200 4,200 
Ghana 87,200 87,060 
Grenada 2,000 1,985 
Guinea 23,400 23,400 0,375 0,163 
Guinea Bissau 9,600 9,480 
Guyana 7,780 7,655 
Haiti 17,000 15,088 
Jamaica 2,500 2,500 1,300 1,300 
Lesotho 21,586 21,586 
Madagascar 10,800 10,800 
Malawi 52,400 40,317 
Mali 61,450 61,319 1,356 1,356 
Mauritania 24,550 24,458 
Mozambique 30,000 30,000 
Namibia 
Niger 22,400 22,400 0,778 0,778 
Papua New Guinea 20.500 19,000 
Sao Tome & Principe 2,100 2,047 
Senegal 32,500 32,500 
Sierra Leone 12,000 11,601 
Tanzania 103,400 98,289 
Trinidad and Tobago 6,200 4,100 
Uganda ~6.700 46,200 
Zambia 96,500 96,401 
Zimbabwe 36,000 30,000 
Regional cooperation 
Other(1) 6,000 2,650 
Total 1.145,149 1.090,906 4,832 3,597 --
Where of CBI: (3) 38,800 27,600 
Madagascar 4,900 4.900 
Malawi 4,900 4,900 
Namibia 
Uganda 7,200 7,000 
Tanzania 10,000 5,000 
Zambia 5,800 5,800 
Zimbabwe 6.000 0,000 
Reg100al cooperation 
(1) Stud•es and techmcal asststance for structural adJustment 
(2) Vllhere of Namtbta ECU 4 million and Swaziland ECU 1 5 million 
(J)Those amounls oro •ncl111lod 1nlho counlry howos atmvo Other sources of financing 
6th EDF 7th EDF 
SAF 6th EDF NIP 6th EDF Unex.bal. 3rd EDF Unex.bal. 5th EDF NIP 7th EDF (3 Sysmin 7th EDF 
Commit. Payment Commit. Payment Commit. Payment Commit. Payment Commit. Payment Commit. Payment 
7,000 7,000 14,000 14,000 
1,168 1,168 40,932 40,344 
16,000 16,000 
8,800 7,314 
7,650 1,938 
1,650 0,000 0,534 0,000 1,284 0,000 27,109 24,025 
3,000 1,900 
8,307 8,307 
9,000 9,000 
9,100 9,100 
1,998 1,998 
30,400 15,300 
9,225 9,216 
0,800 0,800 
16,800 12,977 
4,600 4,503 
7,500 3,040 
16,200 15,334 
9,200 9,200 18,200 13,073 
0,058 0,058 0,067 0,067 36,200 35,034 
8,700 8,700 
9,700 8,982 30,000 25,000 
1,370 0,658 
0,403 0,403 1,318 1,318 46,689 38,257 
6,000 4,000 
0,300 0,261 
17,600 17,510 
8,000 7,700 
16,600 12,153 
5,000 5,000 2,787 2,687 
3,750 3,750 14,250 14,250 
12,600 12,480 60,000 60,000 
24,000 8,699 
5,500 3,475 
6,000 5,407 
6,000 5,407 36,358 33,990 0,938 0,403 3,838 2,554 480,215 399,033 60,000 60,000 
6,870 4,133 
1,370 0,658 
(2) 5,500 3,475 
57 TOTAL 
Commit. Payment Balance 
60,100 60,100 0,000 
126,000 124,451 1,549 
12,000 3,900 8,100 
49,700 49,602 0,098 
10,000 9,852 0,148 
28,404 26,821 1,583 
6,600 6,514 0,086 
14,250 8,538 5,712 
108,800 97,883 10,917 
7,100 3,000 4,100 
2,200 2,149 0,051 
31,086 31,086 0,000 
87,400 86,353 1,047 
17,300 15,719 1,581 
8,198 6,198 2,000 
117,600 102,360 15,240 
2,000 1,985 0,015 
33,000 32,779 0,221 
9,600 9,480 0,120 
8,580 8,455 0,125 
33,800 28,065 5,735 
8,400 8,303 0,097 
29,086 24,626 4,460 
27,000 26,134 0,866 
79,800 62,590 17,210 
99,131 97,834 1,297 
33,250 33,158 0,092 
69,700 63,982 5,718 
1,370 0,658 0,712 
71,589 63,157 8,431 
26,500 23,000 3,500 
2,400 2,308 0,092 
50,100 50,010 0,090 
20,000 19,301 0,699 
120,000 110,442 9,558 
13,987 11,787 2,200 
64,700 64,200 0,500 
169,100 168,880 0,220 
60,000 38,699 21,301 
5,500 3,475 2,025 
12,000 8,057 3,943 
1.737,329 1.595,890 141,439 
45,670 33,733 11,937 
4,900 4,900 0,000 
4,900 4,900 0,000 
1,370 0,658 0,712 
7,200 7,000 0,200 
10,000 5,000 s.ooo 
5,800 5,800 0,000 
6,000 0,000 6,000 
5,500 5,475 0,025 
1 STRUCTURAL ADJUSTMENT PROGRAMMES FINANCED FROM THE 6TH EDF AS PART 
OF LOME IV STRUCTURAL ADJUSTMENT 
( 1) Under the sixth EDF, a Structural Adjustment Facility was set up with an 
appropriation of ECU 6 million (transfer of interest from the EDF) to finance 
preparatory studies. The entire amount has been committed and payments 
amount to ECU 5.4 million. 
(2) Furthermore, during the implementation of the fourth . Lome Convention, 
seven structural adjustment programmes were financed through the national 
indicative programmes (NIPs) for the 6th EDF (Benin, Malawi, 
Mozambique, Uganda, Trinidad and Tobago, the Ivory Coast and Mali). The 
amount committed via these NIPs was ECU 36.4 million and payments 
amounted to ECU 34.0 million. 
(3) In addition, five structural adjustment programmes were financed with NIP 
funds transferred from the 4th to the 6th EDF (Mali, Guinea, the Ivory Coast, 
Jamaica and Niger)~ At the end of 1997, the amount committed was ECU 
4.8 million and payments totalled ECU 3.6 million. 
2 STRUCTURAL ADJUSTMENT PROGR.\.MMES FINANCED FROM THE 7TH EDF AS PART 
OF LOME IV STRUCTURAL ADJUSTMENT 
The Structural Adjustment Facility was given an appropriation of ECU 1156 million 
(ECU 1150 million plus ECU 6 million in interest from the EDF for financing 
studies and technical assistance). Of this total, ECU 39.8 million had been allocated 
at the end of 1997 to the Cross Border Initiative (CBI). In addition, structural 
adjustment programmes vvere financed using: 
-ECU 96.5 million for structural adjustment (set up by a decision taken by the 
Chief Authorising Officer in May 1995), regional cooperation funds from the 
"budget for all programmable aid: 7th EDF national indicative programmes, 
programmable reserve or ACP States"; 
-the unexpended balances of the 3rd and 5th EDF national indicative programmes 
transferred to the 7th EDF; 
-7th EDF Sysmin resources. 
In 1997, the Community continued to support structural adjustment in accordance 
with the policy defined in 1989. From the start of Lome IV up to the end of 1997, 
the Commission took financing decisions on structural adjustment under the 7th 
EDF for 39 countries with total commitments of ECU 1 690 million. 
58 
(a) Of this total, ECU 1 145 million comes from the Structural Adjustment 
Facility (i.e. 99% of the appropriation), ECU 38.8 million of which is for the 
CBI (i.e. 98o/o of the CBI allocation). 
At the end of 1997, aggregate payments amounted to ECU 1 090.9 million 
(i.e. 94% of the appropriation). Of this, ECU 27.6 million was earmarked 
for the CBI (i.e. 70o/o of the CBI allocation). In 1997, commitments totalled 
ECU 40.7 million and payments ECU 74.3 million. 
(b) Of the aggregate amount committed, ECU 480.2 million comes from the 7th 
EDF national indicative programmes, from the programmable reserve 
earmarked for structural adjustment or from the regional cooperation 
"budget for all ACP States". Of this amount, ECU 6.9 million concerns 
the CBI. Aggregate payments totalled ECU 399 million at the end of 1997 
(i.e. 83% of the amount committed). 
(c) Unexpended balances from the 3rd and 5th EDF account for ECU 4.8 
million. Of this commitment, ECU 3.0 million was paid (i.e. 63% of the 
sum committed). 
(d) Lastly, a general import programme included in Sysmin under the 7th 
EDF was launched in 1993 for Zambia. The amount committed (ECU 60 
million) was paid in full before 1997. 
Community aid is usually implemented in the form of general import programmes, · 
through which central banks and traders can obtain the foreign exchange needed for 
their imports. These programmes generated counterpart funds which were gradually 
absorbed as part of macroeconomic policy and measures to secure financial and 
monetary equilibrium in the countries concerned; the funds \vere used to finance 
public operating expenditure and/or investment in support of essential public 
services and to improve economic and social infrastructure. 
Of the total financing decisions taken, around 70o/o of the counterpart funds have 
been allocated to social sectors, with a net predominance of primary health care and 
primary education, with 6o/o for improving infrastructure, and in particular road 
maintenance. The other expenditure concerns employment, the financial 
restructuring of agriculture and restructuring of the semi-public sector. Since 1994, 
following the devaluation of the CF A franc, some funds have been used to clear the 
debts owed by the countries concerned to traders. 
Apart from allocating resources to the budgets, the Commission aims to achieve 
fundamental changes in the structure and content of these budgets, in favour of the 
health, education and infrastructure maintenance sectors. This requires the 
Commission to play a greater role in monitoring public spending. 
The Commission has also alerted its eo-donors to the problem of the restructuring of 
public spending. 
59 
The Special Programme of Assistance to Sub-Saharan Africa, in which all the main 
donors participated, gave donors the opportunity to outline with recipient countries a 
new public spending strategy, with the accent on national appropriation and the 
efficiency of the countries concerned. 
At the same time, the Commission conducted an evaluation of Structural 
Adjustment and set out the main lines of its future policy in its communication to 
the Council. These were: 
-to consolidate Community policy by giving priority to long-term development, 
taking account of the social dimension and placing the programmes in a regional 
context; 
-to take measures to improve the efficiency of public expenditure and step up 
regional integration; 
-to extend the scope for action by adapting the instruments and practical methods 
of implementation and by encouraging the adoption of new, more realistic 
eligibility criteria. 
The communication to the Council gave rise to the adoption by the Council of a 
resolution on 1 June 1995, encouraging the stepping-up of coordination \Vith the 
Member States on structural adjustment and with the World Bank and International 
Monetary Fund under the Special Programme of Assistance, so as to reach a 
consensus on the broad outline. 
3 SPECIFIC COUNTRY SITUATIONS 
At 31 December 1997, there were 27 commitments dating from before 1997 
(concerning 19 ACP countries) and showing an outstanding balance of over ECU 1 
million (i.e. a total of ECU 108.4 million). The breakdown of unexpended funds by 
origin of funds is as follows: 
• 6th EDF (NIP) ECU 1.7 million 
• 6th EDF (Balance Ex 4th EDF) ECU 1.0 million 
• 7th EDF (NIP) ECU 71.2 million 
• 6th EDF (Balance Ex 1-5th EDF) ECU 1.3 million 
• 7th EDF (SAF) ECU 33.2 million 
A total of six commitments are blocked because the ACP States concerned \Vere off 
track at the end of the 1997 financial year: Burundi (unexpended balance: ECU 8.1 
million), Tanzania (ECU 4 million), Congo (ECU 5.8 million) and Zimbabwe (ECU 
21 million). 
60 
A commitment in Gambia (ECU 9 million) is blocked for political reasons. 
In four other cases, the commitments are not really blocked but the rate of payment 
is relatively slow or they are being held back until the conditions for the transfer of 
funds are met: Mozambique (ECU 5.7 million) and Haiti (ECU 4.5 million). 
There are unexpended balances for two commitments owing to the fact that more 
than a year elapsed between payment of the first instalment and payment of the 
second: Mali (ECU 1.4 million) and Trinidad and Tobago (ECU 2.1 million). 
61 
-IV­
NON-PROGRAMMABLE AID 
62 
1 STABEX 
The system for stabilising export earnings was first introduced under Lome I to 
compensate the ACP countries for losses of earnings resulting from fluctuations in 
the prices or output of agricultural products exported to Member States of the 
Community. 
Article 186 of Lome IV specifies that this system should remedy the harmful effects 
of erratic export earnings and help ACP States overcome one of the main obstacles 
to the stebility, profitability and sustained growth of their economies. In order to 
attain these objectives, transfers are made, in accordance with a set of mutual 
obligations (agreed between the ACP State and the Commission), either to the sector 
that recorded the loss of export earnings or, \Vhere appropriate, to diversification. 
A product is eligible for Stabex if, in the year prior to the year of application, it 
represented 5% of a country's total earnings from exports to all destinations ( 4% in 
the case of sisal). A country is eligible for Stabex if its earnings have fallen by at 
least 5.0% compared with the average over the six previous years (less the highest 
and lowest figures). 
The ACP States are accountable for the use they make of the funds transferred. Aid 
granted under Stabex is non-reimbursable. Monies disbursed from the EDF bank 
accounts cannot be used by the ACP States without a set of mutual obligations 
agreed by the Commission and the recipient states, setting out the uses they may be 
put to. 
1.1 6th EDF 
The initial Lome Ill appropriation of ECU 925 million was increased by ECU 523.9 
million to ECU 1448.9 million. Of this, ECU 1447.1 million (lOOo/o) was 
committed, with total cumulative payments reaching the same amount. 
The ECU 4 million for the OCT States was completely committed and paid. 
1.2 7th EDF 
-
The initial Lome IV appropriation for ACP States of ECU 1500 million has been 
increased by ECU 293 million where of ECU 5 million during 1997, to stand at 
ECU 1 793 million by the end of 1997. Included in the extra amount was a 
temporary Stabex increase of ECU 76 241 824 from unallocated 7th EDF grants to 
finance Stabex transfers for the 1995 application year. This constitutes an advance 
for the 8th EDF pending its entry into force. 
During 1997, 20 ACP States were found eligible for 27 Stabex transfers totalling 
ECU 73.6 million for the application year 1996. However, since the 8th EDF has not 
yet entered into force no money could be transferred. Last year the transfers relating 
to the 1995 application year were financed through an advance to the 8th EDF using 
unallocated funds of the 7th EDF. In 1997 this solution was no longer possible and 
the Commission's transfer decision on 18 July was made subject to the entry into 
force of the revised Lome IV Convention and its ratification by the ACP country 
concerned. 
During the yea~ payments amounted to only ECU 18.7 million, of which ECU 4.3 
million were advanced for the 8th EDF. 
Total cumulative commitments for the ACP Stabex were ECU 1773.6 million (99o/o 
of the appropriation including Stabex interest), including an ECU 76.2 million 
advance for the 8th EDF. Cumulative payments were ECU 1 623.3 million (91 o/o of 
the appropriation inclusive of Stabex interest), of \vhich ECU 72.9 million were 
advanced for the 8th EDF. 
Stabex transfers for the following countries are blocked: 
Sudan: 
Burundi: ECU 103.8 million (application years 1990 to 94); 
ECU 31.0 million (application years 1992 to 95); 
For Burundi, the committed funds \vill be used when the situation in the country 
allows. In the case of Sudan, the use of funds depends on how cooperation with the 
country progresses. A decommitment of funds requires a Council decision. 
For the OCT no transaction took place in 1997. Cumulative commitments and 
payments stood at ECU 6 million ( 1 00°/o of the appropriation). 
65 
2 SYSMIN 
The "special financing facility" Sysmin was created under Lome II to help ACP 
States that were heavily dependent on their mining exports to the Community to 
remedy the harmful effects on their income of serious temporary disturbances 
affecting the mining sector. 
Sysmin was initially allocated ECU 415 million (reduced to ECU 158.3 million) 
under Lome Ill in the form of loans (over 40 years, with a ten-year grace period and 
interest rates of 1% to 0.5% for the least developed ACP States). Lome IV provides 
for ECU 480 million in the form of non-reimbursable aid. 
For the OCT States, Sysmin was allocated ECU 1 million under the 6th EDF and 
ECU 2.5 million under the 7th. 
The products covered by Sysmin under Lome IV are copper, cobalt, phosphates, 
manganese, bauxite, alumina, tin, iron ore and uranium. Countries may request 
support from the facility if the products concerned have represented on average 
more than 15o/o of their total exports for two out of four years ( 10% for the least 
developed countries) or 20% or more of their export earnings from all 'mining 
products except diamonds and hydrocarbons ( 12% for the least developed and island 
countries). 
2.1 6th EDF 
The appropriation for Sysmin Lome III (ECU 415 million) was reduced by ECU 
256.7 million (increase in Stabex and Emergency Aid resources) to ECU 158.3 
million. 
At the end of 1997, cumulative commitments totalled ECU 158.3 million ( 100% of 
the appropriation). Cumulative payments reached ECU 99 million (63% of the 
appropriation). 
For the OCT, the appropriation is ECU 1 million with cumulative commitments 
reaching the same amount ( 1 00°/o of the appropriation) and cumulative payments 
reaching ECU 0.8 million. 
Over the year commitment of ECU 0.2 million was registered for OCT and 
payments of ECU 3.9 million for the ACP States took place. 
For the nine projects running, which represent a total commitment of ECU 136.9 
million, the unpaid balance is ECU 59.5 million ( 43o/o of commitments). One 
project in Senegal of ECU 9.3 million is delayed owing to changes in the allocation 
of funds earmarked by the beneficiary. The ECU 15.7 million loan for the phosphate 
industry in Togo is blocked because of the political situation (no payment has been 
made to date). It is hoped that the project will restart in 1998 following the 
resumption of cooperation ties with Togo. 
66 
2.2 7th EDF 
The appropriation for Sysmin, Lome IV, is ECU 480 million and for the OCT ECU 
2.5 million. 
At the end of 1997, cumulative commitments stood at ECU 453.4 million for the 
ACP (94% of the total) and ECU 2.5 million for the OCT (100% of the total). 
Cumulative payments amounted to ECU 136.1 million for the ACP (28o/o) of the 
total and ECU 23 000 for the OCT .. 
Net commitments over the year \Vere ECU 165.7 million for the ACP 
( decommitments were ECU 2.5 million for the OCT) and payments amounted to 
ECU 35.1 million for the ACP and was nil for the OCT. 
During 1997 three major financing decisions were taken. Two of these concerned 
diversification projects (ECU 80 million in Guinea and ECU 70 million in Jamaica). 
Only one was a mining project (ECU 15 million in Mali). 
Last year seven projects dating from before 1996 were identified as having 
substantial outstanding balances (ECU 152.6 million or 80o/o of the initial 
commitment). All of these projects are on-going and during 1997 ECU 25.7 million 
was paid out. These kinds of projects often take a long time, but no project has been 
completely blocked for political reasons. 
67 
3 AID FOR REFUGEES 
3.1 6th EDF 
For the ACP States, the initial appropriation of ECU 80 million under Lome Ill \vas 
increased by ECU 20 million in 1990 by a transfer from the emergency aid 
appropriation. Article 205(3) of the Convention states that any refugee aid not 
committed on expiry of the Convention must be paid back into the Fund. 
Accordingly, funds decommitted following the closure of projects were converted 
into grants (programmable aid). Total aid for refugees at 31 December 1997 was 
therefore ECU 96.9 million, all of which has been committed. 
By the end of the year, cumulative payments stood at ECU 94.8 million (98% of the 
appropriation at 31 December 1997). 
During the year, almost ECU 497 000 \Vas decommitted following the closure of 
projects. ECU 2 million in committed but unpaid funds should be decommitted 
during 1998. 
The initial appropriation for the OCT was ECU 1 million. It was never committed 
and was transferred non-utilised grants (programmable aid) in 1991. 
3.2 7th EDF 
The initial appropriation under Lome IV was ECU 100 million, 12 million of which 
was transferred to emergency aid in 1994. 
At 31 December 1997, cumulative commitments stood at ECU 85.5 million (97% of 
the appropriation). Cumulative payments stood at ECU 73.7 million (84°/o of the 
appropriation). 
In ACP countries four projects for refugees, displaced persons and returnees were 
approved during the year under Article 255 of Lame IV \Vith a total value of ECU 
2.3 million. Two of the decisions concerned Ivory Coast and the remaining t\VO. 
Tanzania and Mauritania. 
Taking into account that ECU 300 000 of decommitted credits were follo\ving the 
closure of certain projects, the net amount committed came to ECU 2 million. 
Payments amounted to ECU 8.3 million as compared to ECU 7.8 million in 1996. 
For the OCT, the appropriation was set at ECU 500 000. During 1997 a 
commitment of ECU 200.000 was made for Montserrat. No payments were made 
during the year. 
The Commission's actlvttles for refugees, displaced people and returnees are 
coordinated by the Commission's PISG (Permanent Interservice Group). The main 
sectors targeted remained health and farming, both of which are vital for the 
integration and self-sufficiency of the people concerned. 
68 
4 EMERGENCY AID 
4.1 6TH EDF 
For the ACP States, the initial Lame III appropriation of ECU 210 million was 
reduced by ECU 20 million in 1990 after a transfer to aid for refugees. Article 205.3 
of the Convention stipulates that the amount of the Emergency Aid appropriation 
not committed on expiry of the Convention shall be paid back to the assets of the 
Fund. Accordingly, the outstanding balance and funds decommitted following the 
closure of projects have been transferred to grants (programmable aid). The 
appropriation for Emergency Aid at 31 December 1997 was therefore ECU 179.4 
million, all of which has been committed. 
During the year, ECU 3.1 million were decommitted following the closure of 
projects. 
The initial appropriation of ECU 3 million for the OCT has been reduced to ECU 
0.5 million, all of which is committed and paid prior to 1997. 
4.2 7th EDF 
For the ACP States, the initial Lame IV appropriation of ECU 250 million has been 
increased by ECU 162 million to ECU 412 million. Of this increase ECU 12 million 
was a temporary transfer from Aid for Refugees decided by the Deputy Chief 
Authorising Officer. Ho\vever, as there are no remaining funds for Emergency aid, 
no reimbursement can be made. 
At 31 December 1997, cumulative commitments stood at ECU 403.6 million 
(98.0o/o of the appropriation). This was because commitments over the year of ECU 
7.4 million were lower than the decommitments of ECU 8. 7 million, giving a net 
figure of -ECU 1.2 million. 
By the end of the year, cumulative payments stood at ECU 393.7 million (96% of 
the appropriation. Payments only amounted to ECU 10 million because the 
appropriation is virtually used up. 
For the OCT, the appropriation was set at ECU 2.5 million. Cumulative 
commitments by the end of the year stood at ECU 2.2 million (88% of the 
appropriation) and cumulative payments at ECU 0.9 million (36°/o). There was no 
ne\V commitment made during the year. ECU 10 000 was decommitted and ECU 
3 7 000 was paid. 
69 
5 RISK CAPITAL 
Risk capital projects are handled by the European Investment Bank (EIB). All 
financing decisions taken by the Bank's board give rise to commitments in the EDF 
books. 
5.1 6th EDF 
For ACP States, the Lome Ill appropriation was set at ECU 600 million. 
At 31 December 1997, cumulative commitments stood at ECU 522.9 million (87% 
of the appropriation). Of this, ECU 7.3 million are share subscriptions and ECU 
515.6 mill~on are loans (quasi-capital). 
Only decommitments were made during the year ( -ECU 0.34 million). 
By the end of the year, cumulative payments stood at ECU 495.5 million (83% of 
the appropriation). Of this, ECU 7 million are share subscriptions and ECU 488.5 
million are loans (quasi-capital). In 1997, payments totalled ECU 8 million. 
For the OCT, the appropriation was set at ECU 15 million, all of which has been 
committed (in the form of loans). Cumulative payments stand at ECU 14.6 million 
(98% of the appropriation). No comrrtitment or payment was registered over the 
year. 
5.2 7th EDF 
For the ACP States, the Lome IV appropriation is ECU 825 million. 
At 31 December 1997, cumulative commitments stood at ECU 765.6 million (93% 
of the appropriation). Of this, ECU 60.1 million are share subscriptions and ECU 
705.5 million are loans (quasi-capital). 
Cumulative payments came to ECU 418.1 million (51 o/o of the appropriation): ECU 
44.5 million in share subscriptions and ECU 373.6 million in loans (quasi-capital). 
Net commitments amounted to ECU 13.4 million (ne\v financing decisions ECU 
15.7 million and decommitments following the closure of projects -ECU 2.3 
million). Payments totalled ECU 108.6 million. 
For the OCT, the appropriation was set at ECU 25 million. At 31 December 1997, 
cumulative commitments stood at ECU 22.5 million (90% of the appropriation). Of 
this, ECU 2 million are share subscriptions and ECU 20.5 million are loans (quasi­
capital). .::::umulative payments stood at ECU 12.5 million (50% of the 
appropriation). Of this, ECU 2 million are share subscriptions and ECU 10.5 million 
· are loans (quasi-capital). 
No commitment was registered during the year. The payments totalled ECU. 1.42 
million. · 
70 
Projects for the following countries had been approved by the EIB Board before the 
end of 1997 but were not entered into the accounts of the EDF for 1997, since the 
information was not available at the time of closure of the books : 
-Kenya (ACP) 0.11 
-Uganda (ACP) 0.11 
-Senegal (ACP) 0.60 
-Regional PAC (RPA) 0.38 
ECU million 1.20 
5.3 Share subscription on risk capital 
The relevant figures have been drawn up by the European Investment Bank. Share 
subscriptions on risk capital are in local currency, the ECU value being calculated 
on signature. This counterpart value is recalculated each year to take account of 
exchange rate fluctuations and to work out the amounts to be paid. 
Lome I 
Situation at 31 December 1997: 
Country Name of project Real cost 
the Congo Societe d'etude de cellulose du Congo 170 616.58 
the I vary Coast SI COR 234 553.01 
the Ivory Coast SIVENG 512 328.51 
Kenya · Kenya Furfural Company Ltd 1 066 439.16 
Liberia LDBI 337 842.65 
Malawi Dwangwa Sugar 961 999.88 
the Seychelles Development Bank of Seychelles 580 047.17 
Tanzania TDFL 2 499 606.24 
Zaire SOFIDE 11 98 264.13 
Zaire SOFIDE Ill 38 027.63 
Zambia Development Bank of Zambia 548 420.55 
I TOTAL I 7 048 145.51 I 
71 
Lome 11 
Situation at 31 December 1997: 
Country Name of project Real cost 
Regional Africa Banque Ouest-Africaine Dvlpt. 1624114.85 
Burundi BNDE du Burundi 846 313.36 
Comores Banque Developpement Comores 160 771.70 
. Djibouti Caisse Developpement Djibouti 450 530.98 
. Fiji Fiji Pine Processing 1 855 783.40 
Guinea GICI-GUI 508 115.97 
Zaire SOFIDE V 154 880.42 
Zimbabwe Zimbabwe Development Bank 284 437.18 
TOTAL 5 884 947.86 
Lome Ill 
Situation at 31 December 1997: 
Country Name of project Real cost 
Madagascar Pecheries de Nossi -BE 11/ A 395 436.90 
Madagascar Fiaro 156 379.82 
Trinidad and TTDFC V Project A 390 529.66 
Tobago 
Zambia Development Bank of Zambia Ill 43 562.08 
TOTAL 985 908.46 
72 
· Lome IV 
Situation at 31 December 1997: 
Country Name of project Real cost 
Regional Africa Fonds de garantie investissement prive 3821753.42 
Regional Africa Cauris investissement S.A. 382 496.94 
Regional Africa. Cauris investissement SA II 0.00 
Kenya Kenya global private enterprise 2 000 000.00 
Kenya Prefund project rehabilitation fund Ltd 300 000.00 
Malawi Indebank Malawi 290 689.29 
Mali Societe Credit Initiative 65 785.97 
Tanzania Kula Fund Limited 380 129.59 
Tanzania Tanzania development finance Ltd IV 245 708.85 
Trinidad and Development finance Ltd 74843.12 
Tobago 
Zambia· Swarp Spinning Mills Ltd II 6 000 000.00 
Zambia ZVCF 1 890 903.02 
Zambia FIS 49 097.37 
Zimbabwe Zimbabwe Development Bank Ill 51541.32 
Zimbabwe Art Corporation Ltd 
I 7 000 000.00 
TOTAL 22 934 191.74 
73 
6 INTEREST SUBSIDIES 
Projects financed from the own resources of the EIB receive interest subsidies. Such 
projects are also managed by the Banlc The size of the subsidies the Commission 
must pay the EIB is not ascertained until after the loan contract has been signed by 
the Bank and this may take several months from the time financing is approved by 
the Bank's board. The funding may then give rise to an entry in the books of the 
authorising officer. 
6.1 6th EDF 
For the ACP States, the initial Lome Ill appropriation was set at ECU 207.5 million. 
The figure was cut by ECU 40 million in 1989 and by ECU 5 million the following 
year following a transfer to Stabex. In addition, Article 4 of the Internal Agreement 
states that interest subsidies not committed on expiry of the Convention must be 
returned to the assets of the Fund. Accordingly, the outstanding balance and 
amounts decommitted due to the closure of projects were converted into grants 
(ECU 80.8 million, of which ECU 0.5 million in 1997). This brought the 
appropriation for interest subsidies at 31 December to ECU 81.7 million, all of 
which has been committed. 
Cumulative payments stood at ECU 81.7 million (almost 1 00(% of the appropriation 
at 31 December). 
In 1997, only decommitments due to the closure of projects were accounted for 
( -ECU 0.5 million). ECU 0.2 million was therefore recovered from the EIB. 
For the OCT, the initial appropriation was set at ECU 2.5 million. The figure was 
increased by ECU 0.5 million (internal reallocation of OCT grants). In accordance 
with Article 4 of the Internal Agreement (see above), the amounts decommitted 
following the closure of projects was converted into grants (ECU 0.4 million in 
1995). This brought the interest subsidy at 31 December 1997 to ECU 2.6 million, 
all of which was committed and paid before 1997. 
6.2 7th EDF 
For the ACP States, the Lome IV appropriation is ECU 280 million. At 31 
December 1997, cumulative commitments stood at ECU 243.3 million (87% of the 
total appropriation) and cumulative payments at ECU 143.7 million (51o/o of the 
appropriation). 
Cumulative commitments at the end of 1997 is 3%, down compared to 1996 since 
decommitments for 1997 (-ECU 12 million) exceeded financing decisions (ECU 4.5 
million). This brought net commitments to ECU 7.4 million and payments to ECU 
52.8 million. 
74 
For the OCT, the appropriation was set at ECU 6 million. At 31 December 1997, 
cumulative commitments stood at ECU 5.4 million (91% of the appropriation) and 
cumulative payments at ECU 3.3 million (56% of the appropriation). . . 
Cumulative commitments were 15% up on the year because the new (inancing 
decisions (ECU 700 000) were greater than the decommitments. Payments stood at 
around ECU 325 000. 
The projects approved by the EIB Board before 1998 but not entered in the books by 
the end of 1997 involve the following countries (ECU million): 
-Mauritius (ACP) 0.45 
-Mauritius (ACP) 4. 79 
ECU million 5.24 
These are estimates as the exact figures were not known by the end of the 1997 
financial year. 
75 
7 EIB ACTIVITIES IN ACP COUNTRIES IN 1997 
This section gives an overview of EIB operations over the year, including those 
financed from its own resources. 
Any discrepancies between the risk capital figures given here and those in Chapter 
IV, point 5 or in the management accounts (Chapter XI) are due to different 
accounting practices. 
Over the year, the Bank's activity in Lame countries was affected by the longer than 
expected time taken to ratify the second financial protocol. As a result, it only 
committed funds available under the first protocol (4%). 
The EIB signed financing contracts worth ECU 56 million, ECU 3 7 million of 
which were loans combined with interest subsidies (2 projects) with the remaining 
ECU 19 million being in risk capital from EDF resources ( 19 projects). Over the 
year, payments totalled ECU 363 million, with ECU 8 million of this under Lame 
Ill. The remaining ECU 355 million came from Lome IV, ECU 248 million of it in 
loans from own resources. 
By the end of the year, payments under Lame IV totalled around ECU 1 105 
million, with ECU 697 million in loans from own resources and ECU 408 million in 
risk capital, i.e. 57 and 52% of the respective amounts committed by the same date. 
Breakdown by sector of EIB operations 
Under the above mentioned conditions the breakdo\vn by sector it seems not to be 
relevant neither significative. Nevertheless we can remark that the energy sector was 
the first beneficiary of EIB operations in 1997, receiving ECU 3 5 million or 60% of 
total funding. Almost the 45% of the financing (ECU 16 million) went to SMEs 
trough Banks and Financial Local Institution in order to finance the investments of 
SMEs either to finance the acquisition by the Financial Institution of equity of these 
SMEs. 
Breakdown by geographical area of EIB operations 
The analysis of the breakdown by geographical area was affected by the same 
·specific situation we mentioned in the previous chapter. 
The Africa and in a special \vay the western part of Africa was the first beneficiary 
of the EIB financing. 9 countries received financing amounted to a total of ECU 50 
million (ECU 13 million in risk capital and ECU 3 7 million from own resources of 
\vhich ECU 34 million for the GHANA -renewals of the hydroelectric central of 
Akosombo -project). 
76 
In the Caribbean a loan was granted to the 'Societe Financiere Haitienne' who has 
the main purpose the development of investments of the small and medium 
compantes. 
In the Pacific the EIB was involved in the development of the private sector and 
according this way it granted a loan of ECU 2 million to a Regional Fund of 
Investment Capitals in order to funding several small and medium companies. 
77 
-V­
COUNTERPART FUNDS 
78 
Counterpart funds are generated by the implementation of a number of Community 
instruments. They constitute the exchange value, in local currency, of aid in foreign 
currency or of goods. Implemented through general or sectoral import programmes, they 
may be financed by indicative programmes, the structural adjustment facility, Stabex or 
food aid. 
The Council Resolution of 27 May 1991 laid down the rules to be applied to the 
constitution, use and control of counterpart funds. 
The European Commission has made a considerable contribution towards formulating 
policy by taking an active part in the Special Programme of Assistance to sub-Saharan 
Africa (SPA), in which the main donors and the Bretton Woods Institutions participate. 
As they are the property of the ACP States, counterpart funds do not appear in the 
balance sheets and annual accounts of the Commission. Ho\\·ever. the Commission eo­
manages these funds and reports every six months on progress. 
Thanks to the Commission's efforts over the last few years, the constitution of the 
counterpart funds is generally satisfactory and only local administrative factors or 
technical implementation difficulties still cause some delays. 
While the counterpart funds generated by the programmes financed under Lome Ill have 
frequently been used to finance the national contribution to projects financed by 
indicative programmes, under Lome IV and in the Council Resolution they are earmarked 
for the financing of budgeted expenditure in the social sectors (health and education). 
Just like structural adjustment programmes, counterpart funds are used as an integral part 
of sectoral and public finance reform. 
Tables on the following pages show the situation of counterpart funds at 31.12.1997 for: 
-the Structural Adjustment Facility and import programmes under Lome IV; 
-Stabex for application years 1990-95. 
i~- 80 
00 
..... IN MECU 
Technical Decisions less 
Country Decisions technical Payments Assislance assitancc 
Ul!NIN 53,111 53,10 5J,IO 
DURUNOI 12,00 0.)0 11,70 3,90 
UURKINA a:ASO 126,00 2.85 123,15 12),15 
CAMEIWUN 4'J,70 0,70 49,00 49.00 
CENTRAFR I QUE 10,00 0,75 9,25 9,25 
COMORES 6,60 O.JS 6,25 6,25 
CONGO 14,2S 14,25 8,00 
DJIBOUTI 7,10 7,10 3,00 
DOMlNICA 2,20 0,10 2,10 2,10 
REP.DOMINICAINE 31,0'> 0,0-1 31,05 31,05 
ETIIIOPIE 87:10 1:10 86,00 8),50 
GAnON 17,30 0,50 16,80 I 5,30 
GAMDIE 8,20 8,20 6,20 
GIIANA 117,60 0,61 116,99 102,09 
GRENADE 2,00 0,20 1,80 1,80 
GUINEE 33,00 0,50 3:!,50 32,50 
GUINEE OJSSAU 9,60 0,12 9,·18 9,48 
GUYANA 8,58 o,.n 8,15 8,15 
IIAITI 33,80 2,06 31,7S 27,20 
COTE O'IVOIRE 108,80 3.)0 105,50 95,30 
JAMAICA K,.to . 0,10 K,lll 8,10 
LESOTIIO 29,09 O,l!'J 28,20 2-1,15 
MAOAGASCAR 27,00 :?7 ,00 2r •. oo 
t-.11\I.A\VI 7'J,IIO O,W 79,::!0 62,20 
MALl 9'J,I3 3,00 '.16,11 %,13 
MAURITANIE 33,25 0,25 33,00 33,00 
MOZAMBIQUE 69,70 4,80 6-1,90 58,83 
NIGER 71,'i') 1,11·1 69,7S 62,35 
SENEGAL 'iO,IO 0,70 ·I'J.-10 49,20 
SIEIUtA LEONE 20,00 I,'JII 111,10 17:11 
SAOTOME l'lt 2:10 0,116 I,S-1 0,75 
TANZANIE 120,110 1,110 II'J.IIII w~.w 
TCIIAD '!K:ICI 1,110 21:111 25,'10 
TIUNIDAD ,\: TOll A< iO 11_')') 0,1'1 11.KII 11,70 
U<iANI>A td.Jll ll,'iO f..J,:!II ·I'J,2 'i 
7.AMIJIA IO'J,IO 2,::!0 IOfo,'JO IOG,'JO 
ZIMOAllWE· 60,00 0,50 59,50 38,50 
llAPOUASIE N.G. 26,50 26,50 23,00 
lOTAL{lJ) 1.651,.J(, 34,73 1.616,73 1.46'),27 J.nmr IV Cnnnnlinn- C'nunlrru:trC F'unal'l (19'JI-1997) 
Strurtur:tl Aclju~lmrnt Farilily :tmllnmnrt r•rn .. ramrnr~ 
Situation n al 31/12/97 
IN MILLIONS OF LOCAL CUI<I<ENCY 
Amounls due CF paid to CF paid from 
(a) Interest Total CF CFcommitc:d accounls accounts 
(I) (2) (3) 
XOF 21J.O)O,MIJ 25.1!')),06 1.1!52,7') 27.7-15,1!5 26.%1,4.1 I'J.1!17,S-I 
nw 1.270,63 1.248,90 1.248,90 1.2·18,90 1.248,90 
XOF 65.353,65 67.334,32 67.33·1,32 59610.85 55 433,97 
XAF 25.150,38 24.961,18 0,5:\ 24.961,18 24.961,1K 19.929.) I 
XOF 6.0-10,18 6.019,06 25,13 6.0·14,80 6.0·10,25 4.1!93,57 
KM 2.527,86 2.523,57 2.523,57 2.5:!3,57 2.515,78 
XOF 5.269,62 5.222,00 5.222,00 5.222,00 2.529,::!6 
DJF 673,90 658,89 658,89 768,60 412,52 
XCI> 7,03 6,34 0,01 6,35 6,35 5,03 
DOP 473,77 461,07 11,33 472,39 469,71 39-1,73 
ETn 611,54 673,73 673,73 673,73 673,7) 
XOF 10.102,75 9.954,49 9.954,49 9.954,49 8.977,59 
GM 66,03 69,80 69,80 69,80 . 69,80 
GJI 124.705,16 124.430,09 102,8') 124.532,98 12·1.5:12,98 11178·1.32 
XCD 5,55 5,68 0,12 5,!!0 5,80 5,70 
GNF 39.482,97 40.045,62 571,37 40.617,00 37.5K'>,35 2K 552,{,8 
XAF 142.60-1,80 92.503,45 2.459,00 94.962,45 47.9311,54 31515,91 
GY 1.325,10 1.359,32 101,84 1.4(1! ,15 9M,O'J 8-18,79 
IITG 598,53 520,85 0,21 521,06 521,0(, 477,15 
XOF 5 1.960,K2 56.965,06 72,62 57.037,68 56.995;11 -17.2115,4) 
JMD 37fr,KI 3511,54 H,'>7 392,50 15'>,5:1 
LSM IOK,OI 109,1(, 5,39 11•1,55 11·1,54 107,(,.J 
MGF 151.H7,76 150.772,70 150.772,70 150 772,70 56 10-1,93 
M\VK 8(rl/17 936,01 1,72 '>37.7) 937,71 927,7) 
XOF 48.CJ26,1JO 50.147,58 1-16,9] 50.29-1,16 50.111,16 •IK.-115,16 
MR 5.285,91 4.341,03 4.341,0) 4.3-11,03 3.569,95 
MZ 551.197,32 319.183,97 319.183,97 309.670,79 164.489,25 
XOF 37.731),40 37.4•14,90 0,64 37.44 5,5·1 J2.157,54 J 1.631,05 
XOF 30.5fr0,4G 30.533,8f, JO.SJ3,K6 30.5-17,02 30.229,87 
SI. I. lfr 013,62 K.50K,IK 26,16 K.SJ4,Jt1 4.57-1.20 -1.199,70 
STD 2.•1J.I,4] 1.586,10 1.586,10 l.'iKfr,IO ·I'>O.C.O 
TZS 511 •116,21) ·17.-tr>o.n '!Mo,KI ·17.7n.cn ·17 H-1.111 -17 :!'i.l}~ 
X< >I-" Jt,•JI'i,H II.I'J:!,'i'l II.I'J2.~1l 11 l'l!,'i'l 11 I ~1F! 
ITI> Kl,OO KlYJ 2,1J 115,72 111~.(12 C.K,:!K 
lJ<iX {,() 'J-11,21 ·16.Jfo5,00 1l,IIO .Jfd7-t.IIO ·1·1 01JII.OO !! 7-ti,OO 
ZMK t.0.5H,7-1 72.7·10,0') 72.7·10,01) 72 7-10,0') 7! 7-10.111) 
ZWD 358,76 359,59 152,72 512,30 506,56 506,56 
PGK 2-1.)9 25,56 0,02 25,58 2J,Of, 23,07 
(a) As delcnnined by lleadquarters on rhc basis of the commitments or paymenls in ECU 
(b) the variation from the amounl decided (1.737,33) in lhc t:tblc: in chapter Ill comes from: Proj~ct in u~nin 
P10jtcl in Namibia 
l'rujtcl in Zamhi;~ 
Hq;iunal cuuptraltun 
Sru.lotS 7,00 unJtr 6th f:DF NIP 
1,37 under 7rh EDF Nil' 
(oO,OO untiC'r 7th EI>F Sysm111 
~.\0111111.-r 7ah U>FCir;u•h 
____ 1~:!~.(-1(1 unJl·r loth""'' "lah U>h 
115.117 t-.IECU j 
Unpaid balance: Unpaid balance Amounts in' on onCF ECU I 
comnutrnents 
(2)-(J) (1)-{J) 
7.1J3,M•J 7.1JI~,JI obi,)O 
0,00 0,00 -IS\26 
-1.176.88 11.900.)-1 66t.SO 
5.031,87 5.031,87 661.50 
1.146,68 1.1 s 1,2-1 661,50 
7,79 7,79 .J96,Ll 
2.692,74 2.692,7-1 661.50 
356,08 246,37 ll)l),ll 
1,32 1,32 3.02 
74,99 77,66 I 5,71 
0,00 0,00 7,63 
976,90 976,90 661,50 
0,00 0,00 11.11 
2.7-18,66 2.7-18,66 2.526.)9 
0,10 0,10 3,02 
9.036,{,7 12 06-1,32 1.278,33 
16 423,64 63.4·16,5-1 661.50 
115,31 612.)6 160.23 
43,'>1 43,91 19,-10 
C) 710,00 9.75:?,:?; 661,50 
359,51 J'J2 ,50 -10,-lll 
6,90 6,')1 ; •. J-1 
').1.(,(,1. 7(, 9-1 667,76 5 1)-10,91 
10,00 10,00 20)6 
1.696.00 I 879,00 661.50 
171,08 771,0S 111'1.22 
145 181,54 15-1.69-1,72 13.137.)0 
5:!6,4H 5.SI-1,4l! 661,.50 
317,15 303,99 661,50 
17-1,50 .J.IJ·I/•·1 932,80 
I 0'>5,50 I 0'H,50 6 7511,50 
'J'J}'l ~li~Y' t.~K. 711 
·I,'Jio t.'l(o hfol,'\11 
.lt.,J.J 17.-1·1 7.(1·1 
:!JJ.J'J,OO ::!.lhl\,(1(1 I !'JK.to.! 
o.on 0,00 un.-11 
0,00 5,75 I 5,2.1 
-0,01 2,5 I I,K6 
-13. 7U.l.J~ 
Lome IV Convention- Counterp:ut Funds (1991-1997) 
Structural Adjustment Facilitv and Import programmes 
SlTL\TlO'i AS AT 31.'1~·?7 
lN MECU 
Technical Country o~cisions o~cisions less 
Paym~nts Assistance t~chnical assitance 
BEl\f.\i 53,10 53,10 
BURLf1\.'Dl 12,00 0,30 11,70 
BURK.fNA FASO 126,00 2,85 123,15 
CAMEROUN 49,70 0,70 49,00 
CE~TRAFRIQUE 10,00 0,75 9,25 
CO:-..lORES 6,60 0,35 6,25 
CO~GO 1-l,25 14,25 
OJIBOUTl 7,10 7,10 
DOMINICA 2,20 0,10 2,10 
REP.DOMfNICAINE 31,09 0,0-l 31,05 
ETHIOPIE 87,40 1,40 86,00 
GABO~ 17,30 0,50 16,80 
GAMBlE 8,20 8,20 
GHA!'\l'A 117,60 0,61 116,99 
GRENADE 2,00 0,20 1,80 
GUINEE 33,00 0,50 32,50 
GUINEE BISSAU 9,60 0,12 9,48 
GUY AL'\IA 8,58 0,43 8,15 
HAITI 33,80 2,06 31,75 
COTE D'IVOIRE 108,80 3,30 105,50 
JA..\.lAICA 8,40 0,30 8,10 
LESOTHO 29,09 0,89 28,20 
l\1ADAGASCAR 27,00 27,00 
MALAWI 79,80 0,60 i9,20 
MALI 99,13 3,00 96,13 -
MAURITAL~IE .. 33,25 0,25 33,00 
~·tOZA..viBIQUE 69,70 4,80 64,90 
NIGER 71,59 1,84 69,75 
SENEGAL 50,10 0,70 49,40 
SIERRA LEONE 20,00 1,90 18,10 
SAOTOME PR 2,40 0,86 1,54 
T A..'\JZA.!'\JlE 120,00 1,00 119,00 
TCHAD 28,40 1,00 27,40 
T~IDAD & TOBAGO 13,99 0,19 13,80 
UG.A.!'-.TIA 64,70 0,50 64,20 
ZAMBIA 109,10 2,20 106,90 
ZIMBABWE 60,00 0,50 59,50 
PAPOUASIE N.G. 26,50 26,50 
TOTAL (a) 1.651.46 34.73 1.6\6.73 
(b) th~ variation from the amount decided (1.737,33) in the tabk in chapter Ill comes from: 
Project in Ben in 7,00 under 6t.1 EDF NIP 
Project in Namibia 1,3 7 under ith EDF };lP 
Project in Zambia 60,00 under ic!l EDF Sysmin 
Regional cooperation 5,50 undl!r it.h EDF Grants 
Studies 12.00 undl!r 6th J.1d 7th EDFs 
85,87 
82 53,10 
3,90 
123,15 
49,00 
9,25 
6,25 
8,00 
3,00 
2,10 
31,05 
83,50 
15,30 
6,20 
102,09 
1,80 
32,50 
9,48 
8,15 
27,20 
95,30 
8,10 
2-l,15 
26,00 
62,20 
96,13 
33,00 
58,83 
62,35 
49,20 
17,41 
0,75 
105,60 
25,90 
11,70 
49,25 
106,90 
38,50 
23.00 
I A69.27 lN ECU 
Bank Balanc~ 
23.874.566.56 
0.00 
7.833.685.19 
2.087.161,12 
7.499,66 
319.791.82 
165.771.38 
3,i8 
14.250.000.00 
48.538.479.5 I 
Amount 
Country Year Product Decided 
(MECU) 
Ben in 1990 Palmier · 0.3 
Ben in 1991 Palmi er 0,4 
Ben in 1993 Palmi er 0,7 
Ben in 1995 Palmier 0,2 
Ben in rev er Palmi er 0,0 
Burundi 1990 Coffee 16,2 
Burundi 1990 Tea 0,3 
Burundi 1991 Coffee 7,8 
Burundi 1991 Hides & skins 0,2 
Burundi 1992 Coffee 9,0 
Burundi 1992 Hides & skins 0,3 
Burundi 1993 Coffee 20,4 
Burundi 1993 Peaux brutes 0,3 
Burundi rev er Peaux brutes 0,7 
Burundi -· 1"995 Peau.'< brutes 0,3 
Burkina Faso 1990 Hides & skins 0,4 
Burkina Faso 1991 Hides & skins 0,7 
1991 Torteaux 
Burkina Faso d'oleagineux 0,4 
Burkina Faso 1991 Noix de karite 0,7 
Burkina Faso 1992 Hides & skins 0.8 
Burkina Faso 1992 Canon 0,8 
Burkina Faso 1993 Cotton 0,7 
Burkina Faso rev er Canon 0.3 
Burkina Faso 1994 Canon 13.9 
Burkina Faso 1995 Peaux 0,7 
Cap Yerde 1990 Hides & skins 0,0 
Cap Yerde 1990 Bananas 0,1 
Cap Yerde 1993 Bananas 0,4 
Cap Yerde 1994 Bananas 0.7 
Cap Yerde 1995 Bananas 0,7 
Carneroon 1990 Cocoa 39.1 
Cameroon 1990 Coffee 28,3 
Cameroon 1991 Cocoa 39,9 
Carneroon ( 1) 1991 CotTee 29,3 
Cameroon 1992 Cocoa 26.4 LO~IE IV CO:'iVE~IIO~- COUNTERPART Ft~DS 
STABEX for the ycan of application 1990-1997 
SITL\TIO:"i AS AT 31/12/97 
Counterpan funds (in millions of local currency) 
Amount Date of Amount of CF Paid Unpaid Amounts CF Paid CF Com-Paid signature of FMO L.C. from balance on 
(MECU) the FMO (ECU) due in account mined account account 
(I) (2) (I )-{2) 
0,3 23/02/92 0.3 XOF 
0,4 24/08/93 0,4 XOF 83,6 202,0 202,0 186,4 15,5 
0,7 25/11196 0,7 XOF 515,7 200,5 450,2 158,9 41,6 
0,2 18/08/97 XOF 139,9 
0,0 XOF 
16,2 
0,3 10/06/92 16,5 BIF 2.528,1 2.528, I 2.465,9 2.465,9 62,2 
7,8 
0,2 8,0 BIF 
-· 
0,4 
0,7 
0.4 
0.7 22/02/94 2.1 XOF l..l09,9 IA09.9 1.409,9 980,0 429,9 
' 
0.8 
0.8 21/10/96 1,4 XOF 1.497.7 1.497,7 1.497,7 1.479,7 1.476,9 
0,7 0,7 XOF 
0.3 0,3 XOF 4 75.5 530,2 530.2 
13.9 23/07/97 13.9 XOF 
0.7 23/07/97 14.8 XOF 9 625.8 9.625,8 9.625,8 
0.0 
0,1 27/10/92 0,1 CYE 10.0 
0,4 01/03/96 0,4 
0,7 01/03/96 0,7 
0,7 
39.1 
23,3 14/02/93 67,4 XAF 23.505.0 21.338,0 21.338,0 2l.338,0 
39,9 
29,3 13/08/93 69.2 XAf 
47.5~7.2 47.5~7.2 44.973,6 42.571,7 4.975,5 
26,4 17/05/95 
83 Unpaid 
balance on 
account (in 
~IECU) 
0,02 
0.14 
0,65 
2,23 
14.55 
0.00 
7,52 
Amount 
:ountry Year Product Decided 
(MECU) 
1992 Coffee 21,5 :teroon 
:teroon 1993 Cocoa 20,9 
1993 Coffee 13,0 neroon 
1994 Cocoa 12,2 neroon 
neroon rever 13,6 
Id 1993 Cotton 4,6 
Id 1994 Cotton 6,5 
Id rev er Cotton 0,2 
no res 1990 Vanilla 1.4 
1990 Girofle 0,9 no res 
1991 Huiles 
no res essentielles 0,2 
mores 1992 Girofle 0,8 
1992 Huiles 
mores essentielles 0,1 
mores 1993 Girotle 0,3 
1993 Huiles 
mores essentielles 0,5 
Huiles rev er essentielles 0,0 mores 
ntrafrique 1990 Coffee 6,1 
ntrafrique 1990 Cotton 0,6 
ntrafrique 1991 Coffee 2,5 
ntrafrique 1992 Coffee 1.9 
ntrafrique 1992 Cotton 0,4 
ntrafriquc 1993 Coffee 4,8 
ntrafrique 1993 Cotton 0,8 
ntr:afrique 1993 Wood 1,1 
ntrafrique rev er Wood 0,2 
te d'1voire · 1990 Cocoa 16,7 
·te d'lvoire 1990 Coffee 74,5 
cc: d'lvoirc: 1991 Cocoa 67,1 
>te d'1voire 1991 
I Wood 4,7 
1te d'1voire 1992 Cocoa 46,6 
1te d'lvoire 1992 Cotton 7,2 
1te d'1voire 1993 Cocoa 9,0 
1te d'1voire 1993 Coffee 24,1 
1te d'lvoire rev er Coffee 19,8 
)minica 1990 Bananas 0,7 LO~IE IV CO:"iVE:'IiTIO~- COl:i"iTERPART Fl7'4DS 
STABEX for ~he years of application 1990-1997 
SITVATIO~ AS AT 31112/97 
Counterpart funds (in m1ll1ons of local currency) 
Amount Date of Amount of CF Paid Unpaid 
Paid signature of FMO L.C. Amounts CF Paid CF Corn-from balance on 
(MECU) the FMO (ECU) due in account mitted account account 
(I) (2) (I )-(2) 
21,5 47,9 XAF 
20.9 17105195 
IJ.O 32.6 XAF 59.974.2 23.397,5 23.352.6 23.346,9 50,6 
12,2 12.2 XAF 17.712,0 
13.6 
4.6 29/05/96 4,4 XAF 2.861,0 839,5 839,5 483,1 356.3 
6.5 23/07/97 6,5 XAF 4.210,0 
0,2 
1,4 
0,9 23110/92 2,3 KMF 913.3 913,3 913,3 912,5 0,8 
0.2 18/10/95 
0,8 18/10/95 
0,1 18/10/95 
0.3 18/10/95 
0,5 18/10/95 1.9 KMF 931,7 519,0 415.2 237,9 281,0 
0,0 
6.1 16/10/92 
0,6 16/10/92 6,7 XAF 4.720,5 4.344,9 3.399.:! 2.744,3 1.600,6 
2.5 20/01/95 2.5 XAF 
1,9 
0,4 25/09/96 2,3 XAF 1.509,9 1.509.9 1.500.5 1.493,5 16,4 
4,8 
0,8 
1.1 6,3 XAF 4.871,5 
XAF 4.930,4 
16,7 
74,5 21/12/91 91,2 XOF 31.687,2 31.687.2 31.800.0 31.345,7 341,5 
67,1 
4,7 19/03/93 71,8 XOF 22.045.0 23.48l.i 25.008.0 23.404,0 77,7 
46,6 
7,2 02/08/94 53.8 XOF 44.069,7 44.501.0 44.900.0 44.395,5 105,5 
9,0 04/07/95 
24.1 04/07/95 31.8 XOF 22.490,5 21.500,0 21.500.0 21.500,0 
19,8 24/03/97 
0,7 
84 Unpaid 
balance on 
account (in 
MECU) 
o.os 
0.00 
0,00 
0.57 
2.42 
0.0:! 
0.52 
0,12 
0,16 
0,00 
Amount 
Country Year Product Decided 
(MECU) 
Dominica 1991 Bananas 0,2 
Dominica· 1992 Bananas 1,2 
Dominica 1993 Bananas 3.5 
Dominica 1994 Bananas 9,2 
Dominica 1995 Bananas 12,8 
Dominica rev er Bananas 0,2 
Ethiopia 1990 Coffee 58,5 
Ethiopia 1990 Hides & skins 6,1 
Ethiopia 1991 Coffee 39,8 
Ethiopia 1991 Hides & skins 9,6 
Ethiopia 1992 Coffee 35,7 
Ethiopia 1992 Hides & skins 5,2 
Ethiopia 1993 Coffee 20,1 
Ethiopia 1993 Hides & skins 2,5 
Ethiopia rev er Hides & skins 2,0 
Falkland 1990 Wool not carded 
Islands or combed 0,6 
Falkland 1991 Wool not carded 
Islands or combed 1.2 
Falkland 1992 Islands Wool 1,1 
Falkland 1993 Islands Wool 1,2 
Falkland 1994 Islands Wool 0,9 
French 1990 Polynesia Copra oil 0,9 
French 1992 Polynesia Copra oil 0,1 
Gambia 1991 Arachide 0.4 
Ghana 1990 Cocoa 6.9 
Ghana 1991 Cocoa 16.4 
Ghana 1992 Cocoa 4,9 
Ghana 1993 Cocoa 16,4 
Ghana rev er Cocoa 6,0 
Grenada 1990 Cocoa 0,6 
Grenada 1990 Bananas 0,3 
Grenada 1990 Nutrnegs mace 1,1 
Grenada 1991 Cocoa 0,3 LO,IE IV CO~VENTIO~- COUNTERPART Ft~DS 
STABEX for the years of application 1990-1997 
SITl~ATIO;"; AS AT 31112197 
Counterpart funds (in millions oflocal currency) 
Amount Date of Amount of CF Paid Unpaid Amounts CF Paid CF Corn-Paid signature ot FMO L.C. from balance on 
(MECU) the FMO (ECU) due in account mitted account account 
(I) (2) (I )·(2) 
0,2 30/03/93 0,8 XCD 
1,2 1.2 XCD 
3.5 3.5 XCD 
9.2 30/10/96 9.2 XCD 
12.8 XCD 
0.2 13,1 XCD 
58,5 
6,1 22/02/93 64,6 ETB 396,3 351,5 396,0 350,1 1,5 
39,8 
9,6 26/08/93 49,4 ETB 295,4 373,2 295,4 373,0 0,2 
35,7 
5,2 22/03/96 40,9 ETB 303,1 45,6 303,1 45,4 0,2 
20,1 
2,5 21,7 ETB 173,7 173,7 173,7 173,7 
2,0 ETB 
.. 
0.6 0.6 
1.2 1,2 
1,1 
1,2 
0.9 
0,9 
0.1 
0.4 0,4 GMD 4.061,0 
6.9 02111/92 6.9 GHC 4.676.7 4.676,7 4.676,7 4.676.7 
16,4 08/10/93 16,4 GHC 4-U78,0 41.412,6 41.412.6 41.357,7 54,8 
·, 
4,9 4,9 GHC 14.008,0 309,2 309,2 297,9 11,4 
16.4 27/02/97 15.7 GHC 
6.0 6,0 GHC 33.900.0 15.292,9 15.292.9 15.292,9 0,0 
0,6 
0,3 
1.1 15/06/92 2,0 XCD 7,5 7,5 7.5 7,5 
0,3 
85 Unpaid 
balance on 
account (in 
~tECU) 
0,19 
0,03 
0,03 
22,18 
0,00 
0.00 
0,00 
0,00 
Amount 
Country Year Product Decided 
(MECU) 
Grenada 1991 Bananas 0,4 
Grenada 1991 Nutmegs mace 1,1 
Grenada 1992 Cocoa 0,2 
Grenada 1992 Bananas 0,6 
Grenada 1992 Nutmegs mace 1,7 
Grenada 1993 Cocoa 0,2 
Grenada 1993 Bananas 0,6 
Grenada 1993 Nutmegs mace 1,5 
Grenada 1994 Bananas 1,1 
Grenada 1994 Nutmeg & mace 0,8 
Grenada 1994 Cocoa 0,1 
Grenada 1995 Bananas 1,2 
Grenada 1995 Nutmegs mace 0,5 
Grenada rev er 0,1 
Guinee Bissau 1991 Arachide 0,2 
Guinee Bissau 1991 Palmier 0,2 
Guinee Bissau 1992 Cotton 0,1 
Guinee Bissau 1992 Palmi er 0,2 
Guinee Bissau 1992 Crevettes 0,1 
Guinee Bissau 1993 Arachides 0,1 
Guinee Bissau 1993 Niox et arnandes 0,0 
Guinee Bissau 1994 Noix et arnandes 0,4 
Guinee 1990 Equatoriale Cocoa 2,1 
Guinee 1990 Equatoriale Coffee 0,2 
Guinee 1991 Equatoriale Cocoa 1.2 
Guinee 1992 Equatoriale Cocoa I ,5 
Guinee 1993 Equatoriale Cocoa 0,9 
Guinee 1994 Equatoriale Cocoa 1.6 
Guinee 
Equatoriale rev er Cocoa 0,1 
Guinee 1995 Equatoria1e Cocoa 0,8 
Haiti 1990 Cocoa 1,4 
Haiti 1990 CotTee 9,8 LO~tE IV CO:\VE:\TIO:'Ii- COl;;\"TERPART Fl~DS 
STABEX for the years of application 1990 -19?7 
SITrATIO~ AS AT Jt/12/97 
Counterpart funds (in millions of local currency) 
Amount Date: of Amount of CF Paid Unpaid Amounts CF Paid CF Corn-Paid signature ot FMO L.C. from balance on due in account mitted (MECU) the FMO (ECU) account account 
(I) (2) (I )-(2) 
0,4 
1.1 15/11/93 I ,8 XCD 6,1 6,1 6,1 6.1 
0,2 
0,6 
1,7 16/08/9-l 2.4 XCD 7,4 12,0 11,9 11,8 0,2 
0,2 
0,6 
1,5 20/12/95 2.2 XCD 3,5 3,5 3,5 
1,1 
0,8 
0,1 05105197 2,0 XCD 6,3 
1,2 
0,5 
-· 
-. 
0,2 ·-
0,2 03/12/93 0,4 ECU 0.4 0,4 0,4 0,4 0,0 
0.1 
0,2 
0,1 01/08/95 0,4 ECU 0,4 0,4 0,4 0,4 0,0 
0,1 28/03/96 
0.0 0.4 ECU 0,1 0,1 0,1 0,0 0.1 
0,4 ECU 0,4 0,4 0,4 
2,1 
0,2 08/06/93 2,3 XAF 1.386,0 1.315,3 1.350,4 1.305,4 9,9 
1.2 11/04/95 1.2 XAF 918,3 918,3 910,2 910,2 8.0 
1.5 11/04/95 1,5 XAf 1.105,3 629.1 958,6 629,1 
0.9 11/04/95 0,9 XAf 643,5 52,0 550,0 52,0 
1.6 1,6 XAF 1.079,6 1.180,9 1.180,9 
0,1 XAF 
0,8 XAF 525,2 
1.4 22/05/95 
9,8 22/05/95 
86 Unpaid 
balance on 
account (in 
MECU) 
2.02 
0,06 
1.1~ 
0,03 
0.05 
0.13 
0,4~ 
0,02 
0,01 
0,00 
0,00 
1,79 
0,00 
0,00 
Amount 
Country Year Product Decided 
(MECU) 
1990 Huiles 
Haiti essentielles 0,4 
Haiti 1991 Coffee 5,1 
1991 Hui1es 
Haiti essentielks 0,3 
Haiti 1992 Coffee 3,9 
Haiti 1992 Cocoa 0,1 
Haiti 1993 Cocoa 0,1 
Haiti 1993 Coffee 4,7 
Haiti 1994 Coffee 6,5 
Haiti rev er 0,3 
Kenya 1990 Coffee 28,9 
Kenya 1991 CotTee 16,4 
Kenya 1992 Coffee 16,5 
Kenya 1992 Tea 0,3 
Kenya 1993 Coffee 16,7 
Kenya rev er Coffee 6,0 
Kiribati 1990 Copra 0.4 
Kiribati 1991 Copra 0,2 
Kiribati 1993 Copra 0,0 
Lesotho 1991 Wool 0,4 
Lesotho 1991 Mohair 0,6 
Lesotho 1992 Wool 1,0 
Lesotho (1) 1992 Mohair 0,4 
Lesotho 1993 Wool 1.0 
Lesotho 1993 Mohair 0,1 
Lesotho 1994 Wool 0,3 
Lesotho rev er Wool 0.0 
Madagascar 1990 Coffee 19,0 
Madagascar 1990 Vanilla 1,7 
Madagascar 1990 Girofle 0,8 
1990 Huiles 
Madagascar essentielles 0,1 
Madagascar 1991 Coffee 14,0 
Madagascar 1991 Vanilla 1,6 
Madagascar 1991 Girofle 0,6 
1991 Huiles 
Madagascar essentielks 0,3 
Madagascar 1992 CotTee 9,1 
Madagascar 1992 Vanilla 0,4 
Madagascar 1992 Girofle 0,5 
Madagascar 1993 Cotlee 3,9 LO~IE IV CO:'IVE~TIO~- COUNTERPART Flfl\DS 
STABEX for the years of application 1990-1997 
SITl'ATIO:'i AS AT 31/12/97 
Counterpart funds (in millions of local currency) 
Amount Date of Amount of CF Paid Unpaid 
Paid signature of . FMO L.C. Amounts CF Paid CF Corn-from balance on 
(MECU) the FMO (ECU) due in account mined account account 
(I) (2) (1)-(2) 
0.4 22/05/95 
5,1 22/05/95 
0.3 22/05/95 
3,9 22/05/95 
0.1 22/05/95 
0,1 22/05/95 
4,7 21105195 25,7 HTG 269,7 269,7 285,6 267,5 2,2 
6.5 10/03/97 6.8 HTG 256,81 271,5 271,5 
0,3 HTG 
28,9 03107191 28,9 KES 2.295,1 3.001,4 1.765,0 671,1 2.330.3 
16.4 28/09/95 16,4 KES 
16,5 
0,3 
16,7 
6,0 
0,4 30106193 0.4 AUD 1,0 1,0 1,0 1,0 
0,2 27/07/93 0.2 AUD 1,1 1,1 1,1 1.1 
0.0 23/02/95 0,0 AUD 0,0 0,0 0,0 0.0 
0,4 
0.6 I 0105194 0.9 LSM 3,9 3,9 3.9 3.9 o.o 
1,0 
0.4 I 0105194 2.3 LSM 
1.0 
0.1 24/11/94 1,0 LSM 9.4 10,8 15,1 9,0 1.9 
0.3 16/09/96 0,3 LSM 
0.0 I 0/03/97 
19.0 
1.7 
0.8 
0,1 13/07/92 21.6 MGF 54.571,1 54.571.1 5-U71,1 54.570,0 1,1 
14.0 
1.6 
0,6 
0.3 27/05/92 16,6 MGF 
9,1 
0,4 
0,5 02/06/94 10,0 ~IGF 
3.9 
87 Unpaid 
balance on 
account (in 
MEClJ) 
0.12 
32.35 
0.00 
0,00 
0.01 
0.15 
0,00 
Amount 
Country Year Product D(cided 
(MECU) 
Madagascar 1993 Girofle 0,6 
Madagascar rev er Giro ne 2,9 
Mali 1990 Cotton 0,3 
Mali 1991 Cotton 0,6 
Malawi 1990 Tea 1,7 
Malawi 1991 Tea 2,3 
Malawi 1991 Coffee 0,2 
Malawi 1994 Tea 4,2 
Malawi rever Tea 0,3 
Malawi 1995 Tea 8,1 
Mauritania 1990 Calmar!Poulpes 9,6 
Mauritania 1991 Calmar!Poulpes 4,1 
Mauritania 1992 Calmar!Poulpes 0.8 
Mauritania 1994 CalmarfPoulpes 1,0 
Mauritania rev er CalmarfPoulpes 0,6 
Mozambique 1991 Cashew nuts 1.2 
Mozambique 1991 Wood 0,0 
Mozambique 1992 Cashew nuts 0,6 
Mozambique 1993 Copra 0,2 
Mozambique 1993 Cashew nuts 1,6 
Mozambique rev er Cashew nuts 0,0 
Papua New 1990 Guinea Cocoa 6,8 
Papua New 1990 Guinea Coffee 7,6 
Papua New 1990 Guinea Copra 3.3 
Papua New 1990 Guinea Palmier 7,3 
Papua New 1991 Guinea Cocoa 7,1 
Papua New 1991 Guinea Coffee 8,7 
Papua New 1991 Guinea Copra 1,5 
Papua New 1992 Guinea Cocoa 4,7 LO\IE IV CO:'-IYE:"'TI0:'-1- COli~TERPART fl':'iDS 
STABEX for the years of application 1990-1997 
SITL\TIO:"i AS AT 31112/?7 
Counterpart funds (in millions of local currency) 
Amount Date of Amount of CF Paid Unpaid Amounts CF Paid CF Corn-Paid signature of FMO L.C. from balance on 
(MECU) the FMO (ECU) due in account mined account account 
(I) (2) (I )-(2) 
0,6 16/12/94 4.5 MGF 77.156,2 77.156.2 77.156,2 68.637,1 8.519.0 
2,9 2.9 MGF 
0,3 29/12/92 0,3 XOF 113.7 10~.0 104.0 104.0 
0,6 26/01/94 0.6 XOF 400,0 400.0 400,0 400,0 
MM 
1,7 20101195 K 
MM 
2,3 20/07/95 2,1 K 39,8 39,8 39,8 9,8 30,0 
MM 
0.2 20/07/95 1,9 K 37,5 37,7 37,7 10,9 26,8 
MY~ 
4,2 11/08/97 K 
MM 
0,3 11/08/97 4.5 K 82,3 82,3 82,3 9,2 73,1 
MM 
8,1 8,1 K 149,1 149.1 149,1 149,1 
9,6 30/06/92 9,6 MRO 1.194,9 1.002.4 1.002,4 632,3 370,0 
4,1 20/07/93 4,1 MRO 342,1 247,2 343,3 61,0 . 186.2 
0.8 
1,0 
0,6 
1,2 
MZ 
0,0 1.3 M 
0.6 
0,2 
1,6 
0,0 
6,8 
7,6 
3.3 
7,3 27/02/92 24. 9 PGK 29,8 29,6 29,6 29,6 
7.1 
8,7 
1.5 12110/93 17, 2 PGK 22,7 22,7 22,7 22,7 
4,7 01/02/95 
88 Unpaid 
balance on 
account (in 
MECU) 
1,43 
0.16 
0,60 
....... 1,98 
.. 
1.00 
15,40· 
11,79 
Amount 
Country Year Product Decided 
(MECU) 
Papua New 1992 Guinea Coffee 12.7 
Papua New 1993 Guinea Cocoa -4,5 
Papua New 1993 Guinea Coffee 8,2 
Papua New 1994 Guinea Cocoa 7.3 
Papua New rev er Guinea 5,0 
Rwanda 1990 Coffee 15,4 
Rwanda 1990 Hides & skins 1,0 
Rwanda 1990 Pyrethre 0,2 
Rwanda 1991 Coffee 9,2 
Rwanda 1991 Hides & skins 0,9 
Rwanda 1991 Pyrethre 0,0 
Rwanda 1992 Coffee 13,4 
Rwanda 1992 Hides & skins 0,8 
Rwanda 1992 Pyrethre 0,1 
Rwanda 1995 The 0,7 
Rwanda 1995 Hides & skins 0,6 
Rwanda rev er Hides & skins 0,6 
Senegal 1992 Arachides 9,2 
Senegal 1993 Arachides 15,7 
Senegal 1994 Arachides 5,5 
Senegal 1995 Arachides 2,9 
Senegal rev er Arachides 1,9 
Sao Tome e 1990 Principe Cacao 1,0 
Sao Tome e 1991 Principe Cacao l,l 
Sao Tome e 1992 Principe Cacao 0,8 
Sao Tome e 
Principe rev er Cacao 0,0 
St. Lucia 1992 Bananas 0.7 
St. Lucia 1993 Bananas 3,6 
St. Lucia 1994 Bananas 22,2 
St. Luci:t 1995 Bananas 17,7 
St. Lucia rev er Bananas 0.3 
St. Vincent-1993 Grenadines Bananas 5.7 
St. Vincent-1994 Grenadines Bananas 25,7 
St. Vincent· 1995 Grenadines Bananas 13.5 
St. Vincent-
Grenadines rev er Bananas 0.2 
Sierra Leone 1990 Coflee 2,0 LO~IE IV CO~VE~TIO~ • COr~TERPART Flil'iDS 
ST ABEX for the years of application 1990-1997 
SITUATIO~ AS AT 31/12/97 
Counterpart funds (in millions of local currency) 
Amount Datl!of Amount of CF Paid Unpaid Amounts CF Paid CF Corn-Paid signature of FMO L.C. from balance on 
(MECU) the.FMO (ECU) due in account mined account account 
(I) (2) ( 1 )·(2) 
12.7 
4.5 01/02/95 
8.2 29.6 PGK 25.9 25.9 25,9 25.9 
7.3 08/10/96 
15,4 
1,0 
0.2 03/08/92 16,6 RWF 963,0 72.6 72,6 
9,2 
0,9 
0,0 18/04/97 10,1 
13,4 
0,8 
0,1 
0,6 
9.2 31/05/94 9,2 CFA 6.058,0 6.027,4 6.027,4 5.911,6 115,8 
15.7 16/01/95 15,1 CFA 9.921,3 9.778,3 9.778,4 9.026,9 751,4 
5.5 26/04/96 5,5 CFA 3.534,9 3.368,0 3.368,0 81,6 3.286,4 
2.9 3,0 CFA 
1.9 1.9 
1.0 1.0 STD 309,9 677,9 677.9 479,4 198.4 
1.1 27/01/94 1.1 
0,8 0,8 
0,0 
0,7 
3.6 05101195 4,2 ECS 
22.2 05109196 22,2 ECS 
17,7 17,7 ECS 
0.3 
5,7 15/06i95 5,7 XCD 18,6 10,7 10,7 10,5 0,2 
25,7 21/10/96 25,7 XCD 
13,5 
0.2 13,9 XCD 
2.0 22/06193 2,0 ECU 2,0 2.3 1,9 1,8 0,5 
89 Unpaid 
balance on 
ac.:ount (in 
~IECU) 
13.47 
0.21 
0,18 
1.14 
4,97 
0,03 
0,07 
0.52 
Country Year Product 
Sierra Leone 1991 Cocoa 
Sierra Leone 1991 Coffee 
Sierra Leone 1992 Coffee 
Sierra Leone 1992 Cocoa 
Sierra Leone 1993 Coffee 
Sierra Leone 1993 Cocoa 
Sierra Leone 1994 Coffee 
Sierra Leone 1994 Cocoa 
S ic:rra Leone 1995 Cocoa 
Sierra Leone rev er Cocoa 
Solomon 1990 Islands Cocoa 
Solomon 1990 Islands Copra 
Solomon 1990 Islands Palmier 
Solomon 1991 Islands Cocoa 
Solomon 1991 Islands Copra 
Solomon 1992 Islands Cacao 
Solomon 1993 Islands Cacao 
Solomon 1994 Islands Copra 
Solomon 1995 Islands Cacao 
Solomon 
Islands rev er 
Sudan 1990 Arachide 
Sudan 1990 Canon 
Sudan 1990 Hides & skins 
1990 Gomme 
Sudan Arabique 
Sudan 1990 Sesame 
Sudan 1990 Oil cakes 
Sudan 1991 Arachide 
Sudan 1991 Cotton 
Sudan 1991 Hides & skins 
1991 Gomme 
Sudan Arabique 
Sudan 1991 Sesame 
Sudan 1991 Oil cakes 
Sudan 1992 Arachide 
Sudan 1992 Canon 
1992 Gomme 
SU"dan Arabique 
Sudan rev er 
Sudan 1993 Canon 
Sudan 1993 Hides & skins 
Sudan 1994 Canon 
Tanzania 1990 Coffee 
Tanzania 1990 Tea LO~IE IV CO:\"'\.E:'oiTIO:'i- COCi'IERPART ft.:~DS 
STABEX for the years of application 1990-1997 
SITl.ATIO~ AS AT 31/12/97 
Counterpart funds (in millions of local currency) 
Amount Amount Date: of Amount of CF Paid Unpaid 
Decided Paid signature of FMO L.C. Amounts CF Paid CF Corn-from balance on due in account (MECU) (MECU) the F:"vtO (ECU) mitted a::count account 
(I) (2) (1 )-(2) 
0,8 0,8 
0,7 0,7 29/03/94 1,4 ECU 1,4 1,7 1,4 0,2 1.5 
1,7 1,7 28/06/95 
0,6 0,6 28/06/95 2,3 ECU 2.3 2,3 2,3 2,3 0.0 
1,7 
1,1 
0,2 
1,2 
1,2 
0,1 
0,4 0,4 
3,6 3,6 
0,7 0,7 25/02/92 4,6 SBD 20,9 18,7 22,7 18,7 0,0 
0,2 Q,2 
1,3 1,3 29/09/93 1,5 SBD 7,8 
... 
0,0 0,0 
SBD ~ .. , 
0,6 0,6 0,6 7,8 
1,3 
0,2 
0,0 
2,1 
18.9 
2,8 
2,9 
3,2 . 
1,8 
0,2 
25,8 
0,8 
3,5 
1,5 
0,4 
0,2 
24,6 
3,5 
2,1 
1,7 
0,8 
7,0 
19,1 19,1 
0,0 0,0 
90 Unpaid 
baiJ.nce on 
account (in ' 
MECU) 
1,48 
0,00 
0,00 
. Amount 
Country Year Product Decided 
(MECU) 
Tanzania 1990 Sisal 0,1 
Tanzania 1991 Coffee 11,2 
Tanzania 1991 Cotton 1,3 
Tanzania 1992 Coffee 12,5 
Tanzania 1992 Cotton 0,9 
Tanzania 1992 Girotle 0,2 
Tanzania 1993 Coffee 8,6 
Tanzania 1994 Coffee 2,8 
Tanzania rev er Coffee 1,0 
Tuvalu 1990 Copra 0,0 
Tuvalu 1991 Copra 0.0 
Tuvalu 1993 Copra 0.0 
Tuvalu 1994 Copra 0,0 
Tuva1u. 1995 Copra 0,0 
To go 1990 Cocoa 1,7 
To go 1990 Coffee 3,5 
To go 1991 Cocoa 1,7 
Togo 1991 Coffee 6.1 
To go 1992 Cocoa 1,1 
Togo 1992 Coffee 1,7 
To go 1992 Cotton 0,3 
Togo 1993 Cocoa 2,0 
To go 1993 Coffee 1,8 
1993 Noix et hu1es de 
To go karite 0,3 
Togo 1994 Cocoa 0,4 
To go 1995 Cocoa 1,2 
To go rev er 0,3 
Tonga 1990 Copra 0,5 
Tong a 1990 Bananas 0,5 
Tonga 1991 Copra 0,3 
Tonga 1991 Bananas 0,5 
Tong a 1992 Copra 0.1 
Tonga 1992 Vanilla 0,0 
Tonga 1993 Copra 0,1 
Tonga 1994 Vanilla 0,1 
Uganda 1990 Coffee 37,0 
Uganda 1990 Cotton 0.7 
Uganda 1991 Coffee 32.8 
Uganda 1991 Hides & skins 1,4 
, Uganda 1992 Coffee 22,7 
Uganda 1992 Hides & skins 1,6 
Uganda 1993 Coffee 45,8 
Uganda 1993 Hides & skins 0,5 
Uganda 1995 Tea 0,4 LO~JE IV CO~VEl'tiiO~- COl;~TERPART FL":"iDS 
ST A BEX for the years of application 19?0 -19?7 
SITt:ATIO~ AS AT Jt/12/97 
Counterpart funds (in millions of local currency) 
Amount Date of Amount of CF Paid Unpaid Amounts CF Paid CF Corn-Paid signature of FMO L.C. from due in account mined balance on 
(MECU) the FMO (ECU) account account 
(I) (2) (1)-(2) 
0.1 12/09/92 19.2 TZS 5.179,6 5.179,6 5.081,8 5.081,8 97,9 
11.2 
1,3 12.5 TZS 6.94~.5 6.944.5 6.928,8 6.884.0 60,5 
12.5 
0,9 
0,2 29/04/94 11.2 TZS 8.012,0 8.015.3 7.603,7 7.494,0 521.2 
8,6 
~.8 
1,0 
0,0 0,0 ECU 0,0 0,0 0,0 0,0 
0,0 21/03/94 0,0 ECU 0,0 0.0 0,0 0,0 
0.0 14/09/95 0,0 ECU 0,0 0,0 0,0 0,0 
1,7 
3.5 5,2 ECU 7,1 7.1 7,1 7.1 2.5 
1,7 
6,1 30/09/97 7,7 ECU 10,2 10,2 10,2 10.2 5,0 
1,1 
1,7 
0.3 30/09/97 3,1 ECU 3,4 3,4 3,4 3,4 
2,0 
1,8 
0.3 3,9 ECU 4,6 4.6 4.6 4.6 
0,4 30/09/97 0,4 ECU 0.4 0,4 0.4 0,4 
1.2 30/09/97 1,3 ECU 1,3 1.3 1,3 1,3 
0.3 0.3 ECU 0.3 0,3 0,3 
0.5 10/04/97 0,5 
0.5 1,0 TOP 
0.3 
0.5 26/09/95 0,7 TOP 
0.1 
0,0 0,1 TOP 
0.1 10/04/97 0.1 TOP 
0,1 
37,0 
0,7 13/03/92 37,7 UGX 20.297.4 20.257,5 15.122.9 5.134,6 15.122,9 
32.8 UGX 
1.4 24/06/93 34.2 UGX 
22,7 UGX 
1.6 23/11/95 24.3 UGX 
45,8 14/08/97 UGX 
0,5 UGX 
0.4 1-t/08/97 UGX 
91 Unpnid 
balance on 
account (in 
MECU) 
0.1~ 
0.09 
0.04 
2,52 
5,00 
3.44 
0,00 
0.38 
11.9~ 
Amount 
Country Year Product Decided 
(~IECU) 
Uganda rc:ver 1.6 
Vanuatu 1990 Copra 1.7 
Vanuatu 1991 Copra 0.~ 
Vanuatu 1992 Copra 0.3 
Vanu:ltu 1993 Copra 0.3 
Vanuatu 1994 Copra 0,1 
Vanuatu 1995 Cacao 0,5 
Vanuatu rev er Copra 0,0 
Western 1990 Samoa Cocoa 0,4 
Western 1990 Samoa Copra L6 
Western 
Samoa 1990 Oil cakes 0,2 
Western 1991 Samoa Cocoa 0,3 
Western 1991 Samoa Copra 1.8 
Western 1991 Samoa Oil cakes 0.2 
Western 1993 Samoa Copra 0,1 
Western 1993 Samoa Oil cakes 0,0 
Western 1994 Samoa Copra 1.2 
\Vestern 
Samoa rev er 0,0 
Zimbabwe 1992 Coffee 2.5 
Zimbabwe 1992 Cotton 12.8 
Zimbabwe 1993 Cotton 5. 7 
Zimbabwe 1994 Coffee 2.7 
Zimbabwe 1994 Cotton 2.1 
Zimbabwe 1995 Cotton 12,1 
Zimbabwe rever 1.2 
llo rand 1 ocal 1.1/':l,b lO.\fE f\' CO~\"E:\110~- COr:\TERPART Fl-:'\'DS 
ST.-\OEX for the year' of application 1??0-1??7 
SITL\ TIO:"' AS AT 311111?7 
Counterpart funds (m millions of local currc:ncy) 
Amount Date: of Amount of CF Paid Unpaid 
Paid signature of F~IO LC. Amounts CF Paid CF Corn-from balance on 
(~IECU) the: F~!O (ECU) due in account mi~:d account account 
(I) {2) (I )-(2) 
UGX 
1.7 
0.~ 23/07;93 2. I EClJ 
0.3 
0.3 22/0~.'96 0.6 ECU 3.7 3,7 3.7 3,5 0.2 
0,1 
0,0 
0,4 I 
1.6 
0.2 15/12/92 2.2 \VST 7,8 7,8 7.8 7,8 0.0 
0.3 18/0~/95 
1.8 
0,2 2.3 \VST 8,0 8.0 8.6 4,8 .. 3.2 
0.1 
0.0 2 7/02/97 0,1 WST 0.4 0.4 I 0.~ 
1.2 
0.0 1.3 \VST 3.9 
2.5 26/06/95 
12.8 15.3 ZWD 
2~1.9 217.6 190.1 162,7 5~.8 
5.7 03/10/96 --ZWD 96.1 89.21 65,1 65, I 2-U ),/ 
2.7 20/ I 0!97 ZWD I I 
2.1 20/10/97 4.9 Z\VD 137,3 73.71 73.7 73.7 
12.1 12.1 Z\VD 192.9 I 
1.2 1,2 Z\\'0 I 
I I 
1.()_ '7,.:. l.4C>o.~ Ol1.DU,L )U.!.)4/,l 4S.> ool,l, 44':/.oJL,I )..+._,;s L,-+ 
92 Unpaid 
balance on 
account (in 
~IECU) 
0.16 
0.00 
1.05 
0.12 
3.60 
1.5S 
4.8~ 
Country 
Ben in 
Ben in 
Ben in 
a~nin 
Ben in 
Burundi 
Burundi 
Burundi 
Burundi 
Burundi 
Burundi 
Burundi 
Burundi 
Burundi 
Burundi 
Burkina Faso 
Burkina Faso 
Burkina Faso 
Burkina Faso 
Burkina Faso 
Burkina Faso 
Burkina F aso 
Burkina Faso 
Burkina Faso 
Burkina Faso 
Cap Yerde 
Cap Yerde 
Cap Verde 
Cap Yerde 
Cap Verde 
Carneroon 
Carneroon 
Cameroon 
Cameroon (1) 
Carneroon 
Cameroon Cameroon 
Cameroon 
Carneroon 
Carneroon 
Chad 
Chad 
Chad 
Comores 
Comores Comores 
Comores 
Comores 
Comores 
Comores 
Comores 
Centmfrique 
Centrafrique 
Centrafriqu~ LOME IV CO~VE~IIO~- ECti ACCOLI\IS I~ El"ROPE 
STABEX for the years of application 1990-1997 
SITl"ATIO:\ AS AT 31/12/97 
Amount Amount Paid Date of Amount of 
Year Decided signature of th~ F~fO 
(MECU) (MECU) FMO (ECU) 
1990 0.3 0.3 23/02/92 0,3 
1991 0,4 0,4 24/08/93 0,4 
1993 0,7 0.7 0,7 
1995 0.2 0.2 
rev er 0.0 0.0 
1990 16,2 16.2 
1990 0.3 0.3 10/06/92 16.5 
1991 7,8 7.8 
1991 0,2 0,2 8,0 
1992 9,0 
1992 0,3 
1993 20,4 
1993 0,3 
rever 0.7 
1995 0.3 
1990 0,4 0.4 
1991 0,7 0,7 
1991 0,4 0,4 
1991 0,7 0,7 22/02i94 2,1 
1992 0,8 0,8 
1992 0,8 0,8 1,4 
1993 0,7 0,7 0,7 
1994 13,9 13,9 
rev er 0,3 14,8 
1995 0,7 
1990 0.0 0,0 
1990 0,1 0.1 27/10/92 0.1 
1993 0.4 0,4 01/03/96 0,4 
1994 0,7 0,7 01/03196 0,7 
1995 0,7 
1990 39,1 39,1 
1990 28,3 28.3 14/02.'93 67.4 
1991 39,9 39.9 
1991 29,3 29,3 13/08<93 69.2 
1992 26,4 26.4 17/05/95 
1992 21,5 21,5 47,9 
1993 20,9 20,9 17105·95 
1993 13.0 13.0 32,6 
1994 12,2 12.2 12.2 
rev er 13,6 13.6 
1993 4,6 4,6 29105,96 4,4 
1994 6,5 6.5 6,5 
rev er 0,2 0,2 
1990 1,4 1,4 
1990 0,9 0,9 23/10•92 2.3 
1991 0.2 0.2 18/\0.95 
1992 0,8 0.8 18/10t95 
1992 0,1 0.1 18.'1 019~ 
1993 0,3 0.3 18/10195 
1993 0,5 0.5 18/10,95 1,9 
rever 0,0 0,0 
1990 6,1 6.1 16/10t92 
1990 0,6 0.6 16/10,92 6,7 
1991 2.5 2,5 2010 1t95 2,5 
93 Bank balance 
(Ecu) 
779.432,40 
210.907,00 
229.663,00 
9.621. 704,00 
107.089,51 
l.l21.3 78,80 
23.566.095,92 
49.309.142,00 
4.559.673,30 
26.236.770,00 
3. 963.356,3 7 
7.148.615,10 
908.836,72 
1.491.541,54 
Country 
Centrafrique 
Centrafrique 
Centrafrique 
Centrafrique 
Centrafrique 
Centrafrique 
Cote d'lvoire 
Cote d'lvoire 
Cote d'!voire 
Cote d'lvoire ( 1) 
Cote d'Ivoire 
Cote d'lvoire 
Cote d'Ivoire 
Cote d'lvoire 
Cote d'IYoire 
Dominica 
Dominica 
Dominica Dominica 
Dominica 
Dominica 
Dominica 
Ethiopia 
Ethiopia 
Ethiopia 
Ethiopia 
Ethiopia 
Ethiopia 
Ethiopia 
Ethiopia Ethiopia 
Falkland 
Islands 
Falkland Islands 
Falkland Islands 
Falkland Islands 
Falkland Islands 
French Polynesia 
French Pol~nt:sia 
Gambia 
Ghana 
Ghana 
Ghana 
Ghana 
Ghana 
Grenada 
Grenada 
Gn:nada 
Grenada 
Grenada 
Grenada 
Grenada 
Grenada 
Grenada 
Grenada LOME IV CO:'IiVEI'IIO~- Eet; ACCOlll'iTS l:'li ECROPE 
STABEX for the years of application 1990-1997 
SITtrATJO~ AS AT 31/12/97 
Amount Amount Paid Date of Amount of 
Year D~:cided signature of the F\10 
(MECU) (MECU) FMO (ECl) 
1992 1,9 1,9 
1992 0,4 0.4 25/09/96 , ~ 
-·.) 
1993 . 4.8 4,8 
1993 0.8 0.8 
1993 1.1 1.1 6.3 
rev er 0,2 
1990 16,7 16.7 
1990 7".5 74,5 21/12191 91.2 
1991 67,1 67.1 
1991 4,7 4,7 19103/93 71.8 
1992 46.6 46.6 
1992 7,2 7,2 02/08/94 ~3.8 
1993 9,0 9,0 04/07/95 
1993 24,1 24,1 04/07/95 31.8 
rev er 19,8 19,8 
1990 0.7 0,7 
1991 0,2 0.2 30/03/93 0.8 
1992 1.2 1,2 1.2 
1993 3,5 3,5 3.5 
1994 9,2 9,2 30/10/96 9,2 
1995 12.8 12,8 
rev er 0,2 0,2 
1990 58.5 58,5 
1990 6,1 6.1 22/02/93 ~.6 
1991 39,8 39.8 
1991 9,6 9,6 26/08/93 49A 
1992 35.7 35,7 
1992 5.2 5.2 22/03/96 40.9 
1993 20,1 20.1 
1993 2.5 2.5 21.i 
rev er 2.0 2.0 
1990 0,6 0,6 0.6 
1991 1.2 1,2 1.1 
1992 1,1 1.1 
1993 1,2 1.2 
1994 0,9 0,9 
1990 0.9 0,9 
1992 0,1 0,1 I 
1991 0,4 0,4 0.~ 
1990 6,9 6,9 02/11/92 6.S 
1991 16,4 16.4 08/10193 16 . ..l 
1992 4,9 4,9 ..:.9 
1993 16,4 16,4 15.7 
rev er 6.0 6.0 
1990 0,6 0,6 
1990 0.3 0.3 
1990 1.1 1.1 15106/92 :!.Cl 
1991 0.3 0,3 
1991 0.4 0,4 
1991 1,1 1.1 15/11/93 1.8 
1992 0,2 0.2 
1992 0,6 0.6 
1992 1.7 1,7 16/08194 'l. _, .. 
1993 0,2 0.2 
94 Bank balance 
(Ecu) 
34,26 
66.599,54 
5.338.643.83 
48.895,58 
179.805,59 
92.604.53 
1.019.757,61 
212.269.43 
1.935.005,64 
19.867.497,86 
2.460.797,12 
13.062.203,37 
32.800.760,03 
165.55.8,91 
13.827.427,88 
77.140,75 
16.595.587,49 
207.568,61 
18.082.396,35 
38.441.73 
Country 
Grenada 
Grenada 
Grenada 
Grenada Grenada 
Grenada 
Grenada 
Grenada 
Guinee Bissau 
Guinee Bissau 
-Guine~ Bissau 
Guinee Bissau 
Guinee Bissau 
Guinee Bissau 
Guinec: Bissau 
Guinee Bissau 
Guinee Equatoria1e 
Guinee Equatoria1e 
Guinee Equatoria1e 
Guinee Equatoria1e 
Guinee Equatoria1e 
Guinee Equatoria1e 
Guinee Equatoriale 
Guinee Equatoria1e 
Haiti 
Haiti 
Haiti 
Haiti 
Haiti 
Haiti 
Haiti 
Haiti 
Haiti 
Haiti 
Haiti 
Kenya 
Kenya 
Kenya 
Kenya 
Kenya 
Kenya 
Kiribati 
Kiribati 
Kiribati 
Lesotho 
Lesotho 
Lesotho 
Lesotho (I) 
Lesotho 
Lesotho 
Lesotho 
Lesotho 
Madagascar 
Madagascar LO~IE IV CO:'iVENTIO:"i- .ECV ACCOl -:"TS I~ EliROPE 
STABEX for the years of application 1990-1997 
SITVATIO~ AS AT 31/12/97 
Amount Amount Paid Date of Amount of 
Year Dt:cided ;ignature of the F:-.to 
(MECU) (MECU) FMO (ECt.J) 
1993 0,6 0.6 
1993 1.5 1,5 20/12/95 2.2 
1994 l.l 1.1 
1994 0.8 0.8 
1994 0,1 0,1 2.0 
1995 1,2 
1995 0,5 
rev er 0.1 
1991 0.2 0,2 
1991 0,2 0,2 03/12/93 0,4 
1992 0.1 0.1 
1992 0,2 0.2 
1992 0,1 0,1 01108195 0.4 
1993 0,1 0,1 28/03/96 
1993 0,0 0.0 
1994 0,4 0.4 
1990 2,1 2,1 
1990 0,2 0,2 08/06/93 2,3 
1991 1,2 1,2 11/04/95 1.2 
1992 1,5 1,5 11/04/95 1.5 
1993 0,9 0,9 11/04/95 0,9 
1994 1,6 1.6 1,6 
rev er 0,1 
1995 0.8 
1990 1,4 1,4 22/05/95 
1990 9.8 9,8 22105195 
1990 0,4 0.4 22105195 
1991 5,1 5.1 22/05/95 
1991 0.3 0.3 22105195 
1992 3,9 3,9 22105195 
1992 0,1 0,1 22/05/95 
1993 0.1 0.1 22/05/95 
1993 4,7 4.7 22/05/95 25.7 
1994 6,5 6,5 
rev er 0,3 0.3 0 
1990 28.9 28.9 03/07/92 28.9 
1991 16.4 16.4 28/09/95 16.4 
1992 16,5 16.5 
1992 0,3 0.3 
1993 16,7 16,7 
rev er 6,0 
1990 0,4 0.4 30106193 0.4 
1991 0,2 0,2 27/07/93. 0,2 
1993 0,0 0.0 23102195 0.0 
1991 0,4 0,-l 
1991 0,6 0,6 10/05/94 0,9 
1992 1,0 1.0 0 
1992 0.4 OA I 010519-l 2.3 
1993 1.0 1.0 
1993 0,1 0,1 24/11/94 1.0 
1994 0,3 0,3 16/06/96 0,3 
rev er 0,0 0,0 
1990 19,0 19.0 
1990 1.7 1.7 
95 Bank balance 
(Ecu) 
42.209,95 
49.594,26 
128.901,40 
416.018,90 
113.870,22 
730.517,99 
908.572,18 
1.785.254,71 
807.076,68 
587.152,65 
7.216.357,29 
512.925,32 
26.954.228,4 7 
18.421.537,73 
18.420.151.81 
21.303,18 
Country 
Madagascar 
Madagascar 
Madagascar 
Madagascar 
Madagascar 
Madagascar 
Madagascar 
Madagascar 
Madagascar 
Madagascar 
Madagascar 
Madagascar 
Mali 
Mali 
Malawi 
Malawi 
Malawi Malawi 
Malawi 
Malawi 
Mauritania 
Mauritania 
Mauritania 
Mauritania 
Mauritania 
Mozambique 
Mozambique 
Mozambique 
Mozambique 
Mozambique 
Mozambique 
Papua New Guinea 
Papua New Guinea 
Papua New Guinea 
Papua New Guinea 
Papua New Guinea 
Papua New Guinea 
Papua New Guinea 
Papua New Guinea 
Papua New Guinea 
Papua New Guinea 
Papua New Guinea 
Papua New Guinea 
Papua New Guinea 
Rwanda 
Rwanda 
Rwanda 
Rwanda ... 
Rwanda 
Rwanda 
Rwanda 
Rwanda 
Rwanda 
Rwanda LO,fE IV CO~VE:\"TIO~- ECU ACCOl~TS I~ Et:ROPE 
ST ABEX for tht yun of application 1990-1997 
SITl"ATIO:'Ii AS AT 31112/97 
Amount Amount Paid Date of Amount of 
Year Decided signature of the FMO 
(MECU) (MECU) FMO (ECU) 
1990 0.8 0.8 
1990 0,1 0.1 13107/92 21.6 
1991 14.0 14,0 
1991 1,6 1,6 
1991 0.6 0,6 
1991 0.3 0.3 27/05/92 16.6 
1992 9.1 9.1 
1992 0,-l 0.4 
1992 0,5 0.5 02/06/94 10,0 
1993 3,9 3,9 
1993 0,6 0.6 16/12/94 4,5 
rev er 2,9 
1990 0.3 0.3 29/12/92 0.3 
1991 0.6 0,6 26/01/94 0.6 
1990 1.7 1,7 20/07/95 
1991 2.3 2.3 20/07195 
1991 0.2 0,2 20/07/95 4,2 
1994 4,2 4,2 
1995 8,1 8.1 
rev er 0.3 0,3 
1990 9,6 9,6 30/06/92 9,6 
1991 4,1 4,1 20/07/93 4,1 
1992 0.8 0,8 
1994 1,0 1.0 
rever 0.6 
1991 1.2 1,2 
1991 0,0 0.0 1.3 
1992 0.6 0,6 
1993 0.2 0.2 
1993 1.6 1,6 
rev er 0,0 
1990 6,8 6.8 
1990 7,6 7,6 
1990 3,3 3.3 
1990 7,3 7,3 27/02/92 2-l.9 
1991 7.1 7,1 
1991 8.7 8,i 
1991 1,5 1,5 12/10/93 17,2 
1992 4,7 4,7 01/02/95 
1992 12,7 12,7 
1993 4,5 4,5 01/02/95 
1993 8.2 8.2 29.6 
1994 7,3 7.3 08/10/96 
rev er 5,0 
1990 15.4 15,4 
1990 1.0 1.0 
1990 0.2 0.2 03/08/92 • 16.6 
-..1.991 1},2 9,2 
1991 0,9 0,9 
1991 0,0 0.0 10.1 
1992 13,4 13,4 
1992 0,8 0,8 
1992 0.1 0,1 
1995 0,7 
96 Bank balance 
(Ecu) 
32.970,31 
16.161.871,31 
11.695.279,51 
462,27 
0,00 
13.688.023,81 
534,05 
. ' 
.. 
Country 
Rwanda 
Rwanda 
Senegal 
Senegal 
Senegal 
Senegal 
Senegal 
Sao Tom~ e Principc: 
Sao Tome e Principe 
Sao Tome e Principe 
Sao Tome e Principe 
St. Lucia 
St. Lucia 
St. Lucia 
St. Lu"cia 
St. Lucia 
St. Vincent-Grenadines 
St. Vincent-Grenadines 
St. Vincent-Grenadines 
St. Vincent-Grenadines 
Sierra Leone 
Sierra Leone 
Sierra Leone 
Sierra Leone 
Sierra Leone 
Sierra Leone 
Sierra Leone 
Sierra Leone 
Sierra Leone 
Sierra Leone 
S ic:rra Leone 
Solomon Islands 
Solomon Islands 
Solomon Islands 
Solomon Islands 
Solomon Islands 
Solomon Islands 
Solomon Islands 
Solomon Islands 
Solomon Islands 
Solomon lsland5 
Solomon Islands 
Sudan 
Sudan 
Sudan 
Sudan 
Sudan 
Sudan 
Sudan 
Sudan LO~IE IV CO~VE~TION- ECl; ACCOlii\IS I~ El:RQPE 
STABEX for the years of application 1990-1997 
SITUATION AS AT 31112/97 
Amount Amount Paid Date of Amount of 
Year Decided signature of th~ FMO 
(MECU) (MECU) F:-vto (ECU) 
1995 0,6 
rev er 0.6 
1992 9.2 9,2 3110519~ 9.2 
1993 15.7 15,7 16/01/95 15.1 
1994 5,5 5.5 26/04/96 5.5 
1995 2,9 2.9 
rev er 1.9 1,9 
1990 l.O 1.0 1.0 
1991 1,1 1.1 27/01/94 1.1 
1992 0,8 0.8 0,8 
rev er 0,0 
1992 0,7 0,7 
1993 3,6 3,6 05/01/95 4,2 
1994 22.2 22,2 05109196 22.2 
1995 17,7 17,7 
rev er 0,3 0.3 
1993 5,7 5,7 15106195 5,7 
1994 25,7 25.7 25,7 
1995 13,5 13.5 
rev er 0.2 0.2 
1990 2.0 2.0 22/06/93 2.0 
1991 0.8 0,8 
1991 0,7 0.7 29/03/94 1.4 
1992 I, 7 1.7 28/06/95 
1992 0,6 0.6 28/06/95 ., ~ 
-• .J 
1993 1,7 
1993 1.1 
1994 0,2 
1994 1.2 
1995 1,2 
rever 0.1 
1988 
1990 0.4 0,4 
1990 3,6 3.6 
1990 0,7 0.7 25/02/92 4,6 
1991 0,2 0.2 
1991 1,3 1.3 29/09/93 1,5 
1992 0,0 0,0 
1993 0.6 0,6 0.6 
1994 1.3 
1995 0,2 
rever OJ) 
1990 2,1 
1990 18.9 
1990 2,8 
1990 2,9 
1990 3,2 
1990 1,8 
1991 0,2 
1991 25,8 
97 Bank balance 
(Ecu) 
592,61 
618.694,28 
793.630,75 
3.015.126,05 
1.919.794,38 
0,00 
307.714,48 
854.523.35 
872.292,19 
23.782.033,55 
17. 706.294,QO 
802.591.91 
2.232.345,76 
27.356.057,33 
13.614.130,03 
2.232.445, 76 
326.438,28 
948.363,43 
566.684,65 
1.810.587,17 
672.447,30 
Country 
Sudan 
Sudan 
Sudan 
Sudan 
Sudan 
Sudan 
Sudan 
Sudan 
Sudan 
Sudan 
Sudan 
Tanzania 
Tanzania 
Tanzania 
Tanzania 
Tanzania 
Tanzania 
Tan!allia 
Tanzania 
lanzan1a 
Tanzania 
Tanzania 
Tuvalu 
Tuvalu 
Tuvalu 
Tuvalu 
Tuva1u 
Togo 
To go 
Toga 
Toga 
Togo 
To go 
Togo 
Togo 
Toga 
To go 
To go 
Togo 
Togo Tonga 
Tong 
a 
Tonga 
Tonga 
Tonga 
Tonga 
Tong a 
Tonga 
Uganda 
Uganda 
Uganda 
Uganda 
Uganda 
Uganda LO-'IE IV CO~VE~TIO~- ECli ACCOl"l'iTS I:" ECROPE 
ST ABEX for the years of application I 990-1997 
SITliATIO~ AS AT Jt/t:!/97 
Amount Amount Paid Date of Amount of 
Year o~cidc:d signature of the F\10 
(t-.IECU) (MECU) FMO (ECU) 
1991 0,8 
1991 3,5 
1991 1.5 
1991 0,-t 
1992 0.2 
1992 24.6 
1992 3.5 
rev er 2.1 
1993 1,7 
1993 0.8 
1994 7,0 
1990 19,1 19,1 
1990 0.0 0,0 
1990 0.1 0.1 12/09/92 19,2 
1991 11.2 11.2 
1991 1.3 1.3 12,5 
1992 I2,5 12.5 
1992 0,9 0.9 
I992 0,2 0.2 29/04/94 11,2 
1993 8,6 8,6 
1994 2,8 
rev er I,O 
1990 0,0 0.0 0,0 
1991 0,0 0,0 21/03/94 0,0 
1993 0.0 0.0 14/09/95 0,0 
1994 0,0 
1995 0,0 
1990 1.7 l.7 
1990 3,5 3.5 5,2 
1991 1,7 1.7 
1991 6,1 6.1 7,7 
1992 1,1 1.1 
1992 I ,7 l.i 
1992 0.3 0.3 3,1 
1993 2.0 2.0 
1993 1.8 1.8 
1993 0,3 0.3 3,9 
1994 0,4 0.4 O,..l 
1995 1.2 1.2 
rever 0,3 0.3 0.3 
1990 . 0.5 0,5 
1990 0,5 0.5 1.0 
1991 0.3 0.3 
1991 0.5 0.5 26109195 0.7 
1992 0.1 0,1 
1992 0,0 0.0 0,1 
1993 0.1 0,1 0,1 
1994 0,1 0.1 
1990 37,0 37.0 
. 1990 0,7 0,7 13/03192 37,7 
1991 32,8 32,8 
1991 1.4 1.4 2M06/93 H.2 
1992 22,7 22.7 
1992 1.6 1.6 23/ll/95 24,3 
98 Bank balance 
(Ecu) 
-
1.978.667,41 
7.706.976,38 
14.4 I 8. 767,03 
9.146.439,46 
3.733,07 
5.048.775,73 
3.444.182,01 
4.572.830,96 
384.820,23 
254.669,15 
2.163.377,24 
74.975,8 I 
14.509.852.21 
17.108.361,68 
24.602.450,26 
Country 
Uganda 
Uganda 
Uganda 
Uganda 
Vanuatu 
Vanuatu 
Vanuatu 
Vanuatu 
Vanuatu 
Vanuatu 
Vanuatu 
\Vestern Samoa 
Western Samoa 
\V estern Samoa 
Western Samoa 
\Vestl!rn Samoa 
Western Samoa 
\Vestern Samoa 
Western Samoa 
\Vestern Samoa 
\Vestl!rn Samoa 
Zimbabwe 
Zimbabwe 
Zimbabwe 
Zimbabwe 
Zimbabwe 
Zimbabwe 
Zimbabwe 
jl.rand 1 otal lO,IE I\' CO:\VEi'iTIO~- ECr ACCOU'iTS I:\ ECROP£ 
ST.-\BEX for the years of application 1990-1997 
SITL\TIO:\ .-\S .-\T Jl/l~/97 
Amount Amount Paid Oat~ of AmoL:m of 
Yc:ar Dc:cid.:d 5ignatun: of the F\10 
(\!ECU) (~IECU) FMO (ECLJ) 
1993 45,8 45.8 
1993 0.5 0.5 
1995 0.4 
rc:ver 1,6 
1990 l.i 1.7 
1991 0.4 0,4 23/07:93 2.1 
1992 0.3 0.3 
1993 0.3 0.3 22/04t96 0.6 
1994 0.1 0.1 
1995 0,5 
rev er 0,0 
1990 0.4 0.4 
1990 1,6 1.6 
1990 0.2 0.21 15112t92 2.2 
1991 0,3 0.31 18.'0~195 
1991 1,8 1.8 
1991 0,2 0.2 ., ~ 
-·-' 
1993 0,1 0.1 
1993 0,0 0.0 0.1 
1994 1.2 1.2 
re~·er 0.0 0.0 
1992 2.51 2.5 ~6.'0619 5 
1992 12.8 12.8 I I 5.3 
1993 5.i 5. 7 03/10,961 5.4 
1994 .., --·' ., --·' 
1994 2,1 2.1 I 
1995 12.1 12.1 
re~· er 1.2 1.2 I 
I. I i.:S,4 l.biJ'i.~ I.J~J • .!.. 
99 Bank balance 
(Ecu) 
49.134.500,81 
196.578,48 
1.297.786,35 
14.776,88 
1.307.442.4 7 
6.220.130,00 
6.087.672,46 
o-t-t.U.:S.i69,1 
-VI-
ITALIAN CO FINANCING 
100 
In 1985 the European Commission signed an agreement with the Italian Government to 
cofinance development projects that would. be managed by the Commission and this 
agreement was renewed in 1991 and 1997. 
The treasury movements of Italian funds for projects managed by the Commission in 
·ACP countries in 1997 are as follows (in ECU): 
Balance at 31.12.96: 
Payments: 
Italian contribution : 
Interest accrued ( 1997): 
BALANCE AT 31 DECEJ.\tiBER 1997: 16.060.242 
(1.809.818) 
142.974 
640.662 
15.034.060 
A total of 49 projects have been cofinanced by the Italian Government in the ACP States 
since the signature of the above agreement 17 of which \Vere still running in 1997. 
In that year one financing decisions were taken by the Italian Government for a total 
amount of ECU 1.6 million and 15 contracts or riders \Vere signed for a total of ECU 3.4 
million. 
\ ) \ -102 
-VII-
GLOBAL COMMITMENT AUTHORISATIONS 
-\o ~-104 
Under a global commitment authorisation the authority to take fin.ancing decisions can be 
delegated, obviating the need for the EDF Committee to approve each project. This 
expedites procedures for small projects, ad hoc services, studies, research, etc. It should 
not be confused with multiannual programmes under Article 290 ofLome IV. 
These global commitment authorisations are allocations approved by the EDF Committee 
and cover six categories of activity: 
• Aid for refugees 
• Microprojects 
• Training 
• Trade fairs 
• Technical cooperation 
• Cultural cooperation 
Since the future beneficiary (ACP State) and the financial instrument concerned are not 
yet known, the decisions regarding global commitment authorisations do not give rise to 
commitments. Within the allocation, the Commission is allowed to make financing 
decisions. It ·is these decisions which give rise to a commitment. When the allocation is 
exhausted, a report on the use of the funds is sent to the EDF Committee. A further 
overall authorisation may then be granted. To allow further flexibility the EDF 
Committee, during 1997, granted two envelopes for global authorisations without 
specification from which EDF the funds are to come. Transfers to a specific EDF are 
made as required. 
During 1997 decisions taken under global commitment authorisations amounted to ECU 
51.5 million for the 7th EDF and ECU 10.9 million for the 6th EDF. 
At the end of 1997, the available balances of global commitment authorisations were (in 
million ECU): 
6th EDF 7th EDF Unspecified 
EDF 
Aid for refugees 0.2 
Microprojects 30.1 
Training 0.1 
Trade fairs 
Technical cooperation 2.7 14.7 36.5 
Cultural cooperation 0.4 .., ? 2= 14.7 
3.2 48.2 51.2 
-VIII-
BALANCE SHEETS, STATEMENTS OF SOURCES 
AND APPLICATION OF FUNDS, 
REVENUE AND EXPENDITURE ACCOUNTS 
1 ACCOUNTING POLICIES AND VALUATION RULES 
1.1 Accounting policies 
(a) Financial Regulations 
The balance sheets and statements of sources and application of funds were drawn up in 
accordance with Article 66 of the Financial Regulation of 11 November 1986 applicable 
to the 6th EDF, and Articles 69 and 70 of the Financial Regulation of 29 July 1991 
applicable to the 7th EDF. 
They are submitted to the European Parliament, the Council and the Court of Auditors as 
provided for in Article 71 of the Financial Regulation applicable to the 7th EDF. 
These Financial Regulations stipulate that the accounts be kept according to the 
following principles: 
)» Universality 
All operations pertaining to each Fund are recorded. Each country has separate 
records. There is a single treasury. 
Justification 
All entries must be substantiated by supporting documents. 
No set-off policy 
There is no set-off between revenue and expenditure. 
Calendar year 
The accounts are kept by calendar year using the cash accounting method. In 
other words, all expenditure and revenue is registered according to the value date 
given on the bank statement. The balances thus established are not regularised at 
the year-end. 
Double-entry bookkeeping 
Each operation is analysed according to two criteria and is registered to the debit 
of one or more accounts and to the credit of one or more accounts, so that the total 
amount registered on the debit side is equal to the total amount registered on the 
credit side. 
(b) European Currency Unit (ECU) 
Accounts are kept in ecus, an ecu being a unit made up of the following amounts of 
Member State currencies: 
BFR 3,30100 HFL 0,21980 
DKR 0,19760 IRL 0,00855 
DM 0,62420 LFR 0,13000 
DRA 1,44000 LIT 151,80000 
ESC 1,39300 PTA 6,88500 
FF 1,33200 UKL 0,08784 
(c) Revenue 
Financial contributions are paid either in ecus or, where Member States show due reason, 
in national currencies into special accounts opened with the treasuries of the 
Member States. The Commission makes transfers from the above accounts to 
operational accounts held in ecus or a Member State's currency to meet the cash 
requirements of projects and programmes. 
(d) Expenditure 
Expenditure takes into account all payment orders executed by banks up to 31 December. 
However, in the case of local expenditure in the ACP States and for those payments for 
which information was not communicated to the Commission's accounting departments 
before the end of the financial year, payments are based on the information received for 
· the latest period prior to 31 December. The amounts of payments in question not 
included in the 1997 accounts are not considered to be material. 
Expenditure by delegations is not finally entered into the EDF accounts until validated by 
the Authorising Officer and the Financial Controller. Expenditure not yet finalised is 
shown under the heading "expenditure to be regularised" in the balance sheet. 
(e) Instalments/ Advances 
Instalments (an instalment is any amount paid on the basis of supporting documents 
pending final payment) and advances paid within the framework of the implementation 
of the contracts are included in the expenditure of the year and do not appear under assets 
in the balance sheet. 
However advances for study awards and AEC advances for technical assistance are 
regarded as a receivable and consequently appear under assets in the balance sheet. 
(f) Cash accounting 
EDF appropriations are not subject to any time limit. Once granted, they are available 
until they are used up or reassigned. Consequently, expenditure and revenue are booked 
at the time of their payment or of their actual receipt. 
111 
In addition, the financial statements are drawn up on the basis of the balances as at 
31 December of each year without recourse to year-end regularisation. 
(g) Single treasury 
For reasons of efficiency, there is a single treasury for all the EDFs being implemented. 
In addition, the Member States' contributions for an EDF must be used up before the 
contributions relating to the following EDF are called upon. 
Consequently, there are assets and liabilities between EDFs which are balanced out in the 
balance sheet by a single treasury. 
1.2 Valuation rules 
(a) Revenue 
Member States' contributions are paid in ecus. However, if for technical reasons, 
contributions are paid in national currencies, they are converted at the rates applying on 
the date of payment or if this date coincides with a public holiday, at the rate applying on 
the preceding working day. 
Other revenue is booked at the rates applying on the date of receipt. 
(b) Expenditure 
The rates used for the conversion into ecus of payments made in national currencies for 
projects and programmes are, as a general rule, those in force on the actual date of such 
payments. Certain contracts involve fixed exchange rates; this constitutes an exception 
to the general rule. 
(c) Bank transfers 
Transfers from accounts held in ecus to operational accounts held in national currencies 
are made at the rate of exchange in force on the date of such transfers. 
(d) Assigned funds 
Assigned funds are converted into ecus at the rate in force at the time of booking and are 
entered in the accounts at their historical value. 
(e) Cash at bank 
The rates used for converting cash at bank in national currencies into ecus at 
31 December 1997 are those in force on the last working day of the financial year. For 
1997, these are the rates in force at 31 December: 
112 
1 ECU= BFR ·: 40.7675000 
DKR 7.527970 
DM 1.976320 
DRA 312.039000 
ESC 202.137000 
FF 6.612140 
FMK 5.987260 
HFL 2.227420 
IRL 0.771961 
LFR 40.767500 
LIT 1 942.030000 
os 13.902000 
PTA 167.388000 
SKR 8.732340 
UKL 0.666755 
113 
2 6TH AND 7TH EDF 1997 REVENUE 
114 
REVENUE OF 6th and 7th EDFs-1997 
(thousand ecus) 
-~~-------- -----
6th EDF 7th EDF 
INITIAL PERCENTAGE BY INITIAL PERCENTAGE BY CONTRIBUTIONS CONTRIBUTIONS 
M!:MBER STATE BALANCE PAID MEMBER STATE CALLED IN PAID 
Belgium 3,96 0,00 0,00 3,96 47.520,00 47.520,00 
Denmark 2,08 0,00 0,00 2,07 24.840,00 24.840,00 
France 23,58 0,00 0,00 24,37 292.440,00 292.440,00 
Germany 26,06 0,00 0,00 25,96 311.520,00 311.520,00 
Greece 1,24 0,00 0,00 1,22 14.640,00 14.640,00 
Ireland 0,55 0,00 0,00 0,55 6.600,00 6.600,00 
Italy 12,58 0,00 0,00 12,96 155.520,00 155.520,00 
Luxembourg 0,19 0,00 0,00 0,19 2.280,00 2.280,00 
Nether1ands 5,64 0,00 0,00 5,57 66.840,00 66.840,00 I 
Portugal 0,88 0,00 0,00 0,88 10.560,00 10.560,00 
I 
Spain 6,66 0,00 0,00 5,90 70.800,00 70.800,00 
I 
United Kingdom 16,58 0,00 0,00 16,37 196.440,00 196.440,00 
EIB 0,00 0,00 
SUBTOTAL 100,00 0,00 0,00 100,00 1.200.000,00 1.200.000,00 
OTHER REVENUE 
Interest on bank deposits 10.933,20 
Assigned interest 3.500,00 (3.500,00) I 
I 
Transfer from 5th and 6th EDFs 1.566,34 
TOTAL 3.500,00 1.208.999,54 
115 
3 6TH EDF 
116 
-------·--·----·-----3.1 6TH EDF 
Balance sheet at 31 December 1997 
-··{thousand ecusf 
1996 =~~=--; =~=-=-==--' ==-~~---~-~----~]....__· ___ 1_99_7 __ ___.1 l : NOTES -.. -----------1 ----'- -----------·-------···-·-· ----------------··--·- --
ASSETS ·-----------------------1 
-------~----- ------·-··--:-·--·--·-·-- ··----· -·--= .. --------- -~------_____ .._ ________ ---~------
Long-term assets ---. .. --·-----. --.... -------·---------·-- -··----------------·----1 
3.1.1 ------ ---,....--------···--·--· . ·---. ----... ---------------------- -----1 
__ :_(7.560.000,00) 
Contributions receivable . -.... ·-----------------------·-··--·------~ ________________ ----·----~o ____________________ o._o--lo 
' ; ____ .. ______ -- -·--··-----~ ------·-- ·--- --....... -· --··----· ·-·---· --·---------
Current assets · I 
. ····-··------- --·--------------~------------ ----------1 
----------·---·---- ·--------------------- ··-------------------------------
Debtors . ------------------·----- -------·- --.. : ··------:--:-:-::.-:-:--------------,---::-:~--------f !reasury a~vance to 7th EDF : 3.1.3 689.812,41 859.960,14 
Advances : ··3."f~4--~- -17.957-.1~5---·----------1-9.-6-12-.-72 __ _ ---------------------
-----------------"----------------------·--------..,.------ -~-----1 
I 707.719,56 
~--~~------~---~~-~ Cash at bank 3.1.5 
Treasury accounts i 
ACP paying agents I 
! 
EUR paying agents 
Stabex special accounts 
i ! I 
I I I 
T ota I assets I 
I 
LIABILITIES I 
190.084,34 i 
28.880,39 
111.587,60. 
90.995,23 
421.547;56. 
! 
1.129.267,12 140.980,48 
24.475,84 
130.979,85 
106.056,63. 
I 
I 879.572,86 
402.492,79 
1.282.065,65 
____ _.;._ _______ -'-:-o----·-·--·--·-·-------·---·----~--------------
Fund capital (cumulative figures) I 
I 
Initial allocation 7.500.000,00 7.500.000,00 
EIB special contribution 60.000,00, 60.000,00 
-------------+--·-------- --·-·--------~------__;___ _______________ -4 
Other resources 
1=---:----=-----:----=---:--:----·-·-·-··-----=------==-~·-------------·------l 
1-:T-:--ra_n_s_fe-:-rs-=-f_ro __ m_e""""7ar-=-li_er~F_u_n_ds _________ ~ -~~-_____ 321_:~57 ,3_~----- 321.957,38 
~eplenishment of Stabex resources 3.1. 7 185.102,55 185.102,55 
Interest used -----ifs ___ · ·---36.278~f2-- -------32.778.12 _____ _ 
1-nt-e-re-st_o_n_d_e_p--os-it_e_d_fu_n_d_s -------------·3.1 .. 9 -.. ·-·------------·---·-----
TranSfers iOiaterF-unds-----------s. 1.16 ____ --(f81".723]2-) ----------------,---(1--=8-0-.1-5f5_8_) ---------------------------- --------·----------------- -:--·-:------------------1 361.614,13 359.680,47 ________________________________________ __:___-o----------__:_---J 
!_o_t __ a_l _c_a_:p:..,_i_ta __ l __________ ~----- ________ . _7 .921.614,13. 7.919.680,47 
Expenditure paid 
Expenditure already booked 3.1.11 i (6.777.641,54) 1 (6.603.798,55) 
--~------~~---------~---~~------~ 
~~~~~t~re to..~~_re~~larised --------~-~~.:.!_~-- (14.730,63) (33.841.43) -------; 
: (6.792.372,17) (6.637.639,98) ·----··------------------~----- ______ __:c.. ___ ......:._...:..__..:... _____ ~ __ __;_----=-1 ____ ..:..__ ______ ...;___ __ ~-----"----·------------~---+----------__. 
Balance available for payments · 1.129.241,96 1.282.040,49 
~-----..:..__~--~~-------------~------------
Creditors ~----~---:----:----:--_._ _____ ::-_· __ .__ _________ -------------~------------1 
Revenue to be regularised : 3.1.13 : 25,16 25,16 .:....:...:...:...:......:...:.. . ..:.;-:.~...::..:::...----·---,------25,16 25,16 
! 
~---:----.;---;.--"-----...----~--- --..4------------"-----------+--+-----------~ Total liabilities (net balance) 1.129.267,12: 1.282.065,6~ 
L-~--------~--------~-------------------------~--~~~------------- --11.7 
3.2 6th EDF ---------------- ----------------- ·---------------·--- -Revenue and expenditure ----------------------- ------·----------ior-yearclosed "Jfoecember 1997 ----------------------- · -------------· ----------------------------------------lthousaricfecus) __________ ----------------------------
I 
. --------- ·-·-------- ----------- ------------- .. -.------------ .. 
. Cumulative figure 
31.12.1996 Revenue/expenditure · 
for 1997 Cumulative figure 
31.12.1997 
NOTES --------- ------------------ -----~---r----------- ---------
Revenue 
1----·-----::----:---:-·--:---- --------------------· --------------------- .. ---------- ---·-------
Contributions paid Member States 3.2.1 7.500.000,00 --------------~.00 ____ ---~-_5_~9_:_~9_~_.9~ 
C-ontributions paid EIS -------·-----i1:2__________ 60.000,00. 0,00 60.000,00 
tntE!res_~~-~~-a~-~~~-==-~~-=- ------·--i1.8- ·-· ------a:ioa.·ao ___ --------------3~5-oo.oo-~--- -----12:2oo~oo 
Interest used/Stabex ·-------------3.2~2----------- -24.o-i8~1-2 _____ -----------·-o:oa----·- -----i~6i8~1-2 
---------- --- -------
Interest on deposited funds ~J.~~------------~·00 0,00· 0,00 
ReplenishmentofStabex resources ___ 3_JJ _____ 185.10_~55 0,00 185.102,55 
Transfers from ~~EDF -----------~-._1...:~----- ___ 177.632,24 _________ 0,00 177.632,24 
Transfers from 4th EDF 3.1.6 144.325,14 0,00 144.325,14 
Transfers~~~h EDF _________ ~-3~~~~~=- --=--~J~~~f57,58) (1.566,34). ----~~~1.72~.~~ 
--------------------------- .. 
7.919.680,47: 1.933,66, 7.921.614,13 
-------------------~-------------------------------------~----------------~ Total revenue 
i 
Expenditure 3.2.3 
Total indicative programmes 4.128. 735,80: 147.594,77' ' 4.276.330,57 
Grants (excl. admin costs) 3.706.415,34 136.122,931 ' 3.842.538,27 
Special loans .._.,_ ____________________ _ 422.320.46 
-~----11.471,84: 433.792,30 
1---------------------· -------------·-· ----------------.--- -·-·· ------------------ .. ------Structural adjustment 5.368,44 38,24. I 5.406,68 ------------ ·----------- _, ------------- ---·-------------- ---- ,.-------'----
i 
T-o-ta-1 -no-rl-p_r_o_g_ra_m_m_a_b-le_a_i_d _____ __;_ ___ ------------2.-4-67.35_4_,_3_5,:__....______ ---2-2-.5-2-4,-7-0 ,_.. -~--2A89.-Bi9,0S 
------------~-------Interest subsidies 84.458,40 (192,58) 84.265,83 
Emergency aid 179.866,53 84,75: 179.951,29 
1--~-=---------------·-----------------------Aid for refugees 94.797,71. o,oo· 94.797,71 
Ris~~~P __ ita_l _________________ --_-=-__ s_·o_2_.o_8_1~,6_7~: _______ 8_.o_2_4~,4_9~·~-----5_1_o_._10_6~,1_6 
S;,·s~i~-----------------------------------------95~~~~-o--'-_______ _ ___ 3 __ .9_1_1...:..,5_3_---c---------~:?6~~0~ 
Stabex 1.451.123,08 0,00 1.451.123,08 --------------------------------------------- ------------
Transfer from 4th EDF 59.171,45 10.696,50 69.867,96 
--------'- ----------------. --------- --·· .... --. ---- --------------~------------------------------------------------------ ..... -.... --------~~~~--------:-::-~~~----~~~---f Total 6.601.458,58. 170.157,71. 6.771.616,29 ---------------- --------· ----------------------------------------~---------~ ------- ----------------------------------------------------~----------------Administrative and financial costs 3.2.4 2.339,97. 3.685,28 6.025,25 -------________________ :......__~----------0..---t--------
Total expenditure booked 6.603.798,55 173.842,99 6.777.641,54 
----------------------------------~-----~ ------ ----------------------------------------,-------------
Expenditure to be regularis_~---- ~:!:_g___ 33.841,43 (19.110,80) 14.730,63 1----------------------------------·-------- .... ~-....._~--~~~-----~ Total expenditure 6.637.639,98: 154.732,19: 6.792.372,17 ---------------------------·-------·- ... ------------------4 1-------------------- ------------ _________ .....,__~----------'---;-----
Difference revenue/expenditure_, __________ _ 1.282.040,49: (152.798,53) i 1.129.241,96 
118 
----------------------------------~----------------1 3.3 6th EDF 
_________________ S_t_a-te_m_e __ n_t_o--f--s-ources ancfappffcation of funds __________ _ 
----------- ---------- for year closed 31 December1997 _______ _ 
----------------- (thousand ecusf____ --------
-------- -·--------- ... ---------------------------- ·--·------- -------4 
-------------------------- ---·---------------------No=-cr=-E~s·---r------ ------·-----i 
----- ·------------------- ... ---.. --......... ----·· ··-· -------· -----·-. ------------· --------------------1 
Sources 
~-~~i~~ssigned i~te~~------- ____________________ ~--~_.} __________ -----~500,00 
Re9~_cti~~-i~~e~.e~-~~~~r~~o}e ~guiarisecr- ---------~~-~-~~J.3.2 ________ ----·---1-931-a,ao 
Reduction in advances for study awards 3.3.2 2.575,80 --------------
Reduction in amount owed by 7th EDF 3.3.3 
~---------------~----------------------170.147,73 
---------------------------------------------------J 
195.334,34 
Applications 
Expenditure for the year 3.3.4 173.842,99 
Increase in advances to EAC 3.3.5 870,23 
Transfers to 7th EDF 3.3.6 1.566,34 
176.279,56 1--------------- ---------------. -·-·- ---------:-------·-------~ 
1----------------------------------------------l 
Difference corresponding to increase in cash at bank 19.054,77 
119 
4 7™ EDF 
120 
4.1 7th EDF 
----------Balance she et at 31-Dec_e_m--=-b_e_r -=-19=-9=-=7=------------------
-------------------------------------- -(tfiousand-ecus} _______ -------------·------------------
-~-~-=-~-------------- ·-----------------~~ ~?fEEI: ~---=------~~----~~L-1 __ 19_9_7_...J ______ __..l __ 1_99_6_--l 
ASSETS ' . --·---------------------------·--·- --------. ---·----------·---·-----------..----+--------------1 
~ong-term asset_:; ___ j ___ ~---~:~·-i=--~~--~~~-~-=-=~~--~~---_·----- --t--~------ --------------4 
________ :_ _________ -~---------L- --·· -·--...... ---------·------···-----:-=.--:::--::----+----- -----:-=:--::-------1 
Initial allocation ----------·--- ________ ----·-· ~9:_9_~g:.ooo.oo~ 10.940.000,00 --...,..------
Contributions receivable -------· ----·--------~~-----4 
-·-· ·------------~~9~~~~!~.!..~--------- _________ ?~!_~~.112,17 
----·--------- -----------------------------------------Current assets 
----..,..---------~--~-- ----·--------- ------·---------·- ----~---------------1 ---·----------------·----------Debtors 0,00 0,00 __________ ........_ _____________________________ ~ ___ _..:._ ________ 1 
---------~---~--~-------------------':-----------1 
Cash at bank 0,00 0,00 
0,00 0,00 
r=o_t_a~l_a_s_s_e~ts--~-~--~~-----~------;--------~,--5-.-94_0_.1_1_2-,1-7---------~-7-.1-4-0.-1-12-,-17~ 
i l 
LIABILITIES 
----~---~,-----~---~-----------------~------~~-------~------~ 
1-=---:--~-:---:-:--~~~--'-::::----...._ ___ ___, _______________________ -----~-----------------1 
Fund capital (cumulative figures) ! ., 
1:-n-:-it..,-ia-:-1..,-al=-=-lo_,_c_a-,ti_o_n_~ __ ___._ _____ ~---------- --------"-----=-1-=-0.-:::-9~40-:-.-=-oo=o=-.o=o=----------1-0-.9-4-0-.0-o-o.-oo~ 
1---------------.----~-----···-·-- ~------------·--------------~----·----------1 
Other resources 
Transfers from earlier Funds ! 3.1.6 708.501,58 706.935,24 
ln_t __ e_r_es----=-t_u_se--:d:----:-:--=--=-----=-----~-------3. 1. 8 1 06.34 7, 05 interest on deposited funds 3.T9 ____ --7Q.439-:as ____ · ·-------------:r69.353")-1 
----·----------·----- .. ------------------. -------- --·-------- ----------------- ------4 885.288,50. 876.288,95 ----. -------· ------- ------------·----"-----------------~-1 ·---·------------------·--·------------ --------·---------------------------------------------4 Total capital 11.825.288,50 11.816.288,95 ------''--------------------------- -------- ___________ ____:.~------------------_:..._-1 
-------------------------------------------------------------------4 Expenditure 
~xpenditure already booke~-~---.: -~:!:!1-~==-~-=---~--~-~-(._6_.5 __ 7 4 __ ._98_8_;_, 7_4..:...)_· ___,..-------!(_5._53_6_.1_3_6....:..,9_3~)
1 
---''--:..,...-:--:---------------------·----------~~~~~---------------1 Balance available for payments 5.250.299,76 6.280.152,03 ___________ _:.__::.._ ______ ---"--------------- -·-----___;~--'--------------------=--! 
------------------------- ------·--------------------------------1 
Creditors 
Treasury advance from 6th EDF ~-·:fr3·--:-·sa9-:812.41 ------------------ ------------------------1 859.960,14 
.. ·-------------------------·---·- 68"9~8-1--2~-.4-1~------·-----859.960,14 _____________ ___; ___________ ~------·---------------------------4 
t,_.o-ta-:1-=-1=-iab_i_li_t_i_e_s_(_n_et_b_a_la__,.n..._c_e_)_ --··-·--- --·-----....,....-----5-.-94-0-.1-1-2-,1-7-. ---------7-.1-4-0-.1-1-2,-1_,7 
------~----~----~----+·-------~------------------------------·--------~ 
121 
4.2 7th EDF ------------ ... -Revenue and expenditure 
---·----·--------------- ----------tor-yearclose-cf31-oecember 1997 ---------------------- ---.. -----
______ --------------------- ----------------------- -(fllousan"d-ecus) ------·-------------------------
---··---------------------- ---· ---------------- --..... _; ···-... ----------- .. ---4---------------- _____ .. _________ _;__• ------------
Cumulative Revenue/Expenditure ! . Cumulative 
figure for 1997 ' figure 
1 31.12.1996 , 1 , 31.12.1997 
-------------NOTES--~---·-------·---:-.------------- ---------------r-: --------···· 
---------- ·····--·· ---------------- --------·------------· ·-------------·----------------Revenue ; --------------------------------------------------------:---------- ------.------------------------
---·· ··-·· ---.. --.-.. ------~---------· --------------~---- --------··-·-··-- ---· 
<?~!:!~b~~~~~~~----------------~.:?: ~---··· ___ ~!_~-~:~~~~-~~L_j____ ______ 1.200.000,00. 4.999.887,83 
Interest used 3.1.8 s.ooo,oo . 3.ooo.oo . ---9-.ooo]Jo 
Interest-----· · ----------·· · ----------3:1.9 --· ----s1~s812s~-------- ---------=-s1o.75• ·--------s1-.oi0~5o 
fnterestusea7S1a5ex _____ ----------------3.2~~------ ______ -_-_ _-_~!·-~~j~Q_s -=--~~-~~~ -~--------~_-0.6()-- · -----9f347~os 
~nterest/Stabex i _ -~:~--------------~~?5.41 5.043,95: 1-9]69~36 
Transfers from 5th and 6th EDFs 3.1.6 706.935,24 1.566,34 708.501,58 
---~--------------------- ------ ---
1 1--------------·------------·--·· ---·-· ---~-~-------- ---------------'--------·-------·-
Total revenue i 4.676.176,79 1.208.999,54: I 5.885.176,33 
-------~ 
Expenditure 3.2.3 
i I 
Total indicative programmes 1.815.942,19. 695.~64,57j 2.511.106,77 -----
1-G_r_an_t_s ___ ____:.i ____________ -~ _____ -~ ·~9_?_.2_5_4_,9 __ 9.;._ '. ___________ 6--:8:-:3--=.6=-=6-=-4-:-,5-::-7.;_i -+--2_.4_8_9_. 9_1_9..:_,5_7
1 Grants advance to 8th EDF 4.1.1 9.687,201 11.~00,00: 21.187,20 r---------------------
Structural adjustment 1.016.592,09. 1-------=---------------------------. 74.314,22 1.090.906,30 
•=-~-------~--------------~-----------~------- ----~-~--~~-----------Total non-programmable aid 1 2.703.602,65 269.373,02: 2.972.975,67 
Interest subsidies 93.946,14; ___ 5_3_._1_2_9-,3-7+-j -,----·-1-4-7-.0--75--.-5-0 
Emergency aid 384.653,86. 9.989,48, 394.643,34 
Aid for refugees 65.448,36; 8.291,28~ 73.739,64 
Risk capital _________ 320.530,97: __ 1 __ 1 0_._0_4_7_,2_2~: ____ 4_30_._5_7_8_:_,2 __ 0 
~~~min _____ . ------·-- _ ________________ 101.066,81: 35.072,14i 136.138,95 
~~~E~_x _________________________ : ______ 1~~~_1_._~?-~.77~: _____________ -------~-~-.4 __ 64_,_58--'-; ----c-·-· __ 1_.~~?~~38~~ 
Stabex advance to 8th EDF 
Transfers from 5th EDF 4.1.1 68.587,70 4.267,09: 72.854,78 
-----·-------------------- ------- ·-~----- ------127.395,05 34.111,86! I 161.506,91 ----------------·------- ----------- ------· ----------·-·-----------
1------------------·------ -----· --- -------~..!------.- ---------"---.,-----·---------- --
Total expenditure 5.536.136,93, 1.038.851,81 i 
r-----------------------------------·-------------------------------------~ 6.574.988,74 
------------------------------------------------4 Difference revenue/expenditure (859.960,14): 170.147,73: (689.812,41) 
122 
-----•--------------------- ---------------;:--·--::--:----=-=---------------------------4.3 7th EDF ·------------Statement of sources and application of funds 
---------------~year closed 31 December 1997------------------
------------------------------------- ------------------- ------ -------.. ---------(thousand ecus) 
----~-----------------------~--------------------- ------ ·-· ---------
---....-,------------------------------------------------ -----------------------
' ' ____ __;_ ______________________________ __.__ ---------------- ----------
: NOTES 
1---------------------. --------- _________ _.__ _______________ _ 
Sources 
1---~---------------------------------------------------------------l . , ___ ___;_ ___________________________ _ 
Contributions paid 4.3.1 ----------------~ 
1.200.000,00 
Transfers from 5th and 6th EDFs 3.3.6 1.566,34 
----------~----------------------~~ 
Interest received 
I 
Applications 
Expenditure for the year 
I 
Reduction in amount owed to 6th EDF 
! 
Interest assigned to 6th EDF I 
l 4.3.2 10.933,20 
1.212.499,54 
3.3.4 1.038.851,81 
3.3.3 170.147,73 
3.3.1 3.500,00 
1.212.499,54 
123 
5. STATEMENT OF DEBTS AND V AT TO BE RECOVERED- 6™ AND 7TH 
EDF 
124 
l 
I ! --- ·----·· CLAIMS AND VAT TO BE RECOVERED ------------------ ------ sth.ancr7tt1_E_or=_s _________ ---------
---------------- --for year closed 31 December 1997 ------------ (thousand-eciis) 
------------------------- ------
I ---------------------- -------------
I 
I : ---------------------- ----VAT I CLAIMS -----
--------------- ----------------· ----------- _:,._ ________ -------
I ------------------------ --------------- -_ ... _ ·--
,-~~-~~~~~r~d-~~-~~rt ~!X~~E _________ 444,72 1.111,35 ------------------ ·----.. 
-· ------------ -------- -----
Entitlements established during year ~-----------· ----ff5,3o 3.285,14 
-· l i ; 
Regularisations during year I (382,97)' 
i i I 
Amounts recovered during year I o,oo: (2.744,08) 
l : l 
I ! I 
Claims still to be recovered i I 177,05' 1.652,41 I 
I I 
125 
6 NOTES TO THE ACCOUNTS 
6.1 Balance Sheet 
Assets 
All the resources still available for payments (i.e. the Fund's available capital) are carried 
under assets in the balance sheet. 
3.1.1. Contributions not yet paid by the Member States to the EDF constitute long-term 
assets. 
3.1.2 The special EIB contribution provided for by Council Decision 87 /592/EEC of 
14 December 1987 has been used to finance the special programme for highly 
indebted countries. 
3.1.3. This heading shows the amount advanced by the 6th to the 7th EDF because of 
the existence of a single treasury for all the EDFs being implemented. 
3.1.4. All advances paid to the AEC and advances for study awards are grouped under 
this heading. 
3.1.5. Cash at bank includes all amounts deposited in the bank accounts opened on 
behalf of the EDF at 31 December 1997. 
Treasury accounts 
Accounts with the central banks of the Member States into ·which they pay their 
contributions. All these accounts are held in ecus with the exception of the one in 
Germany. 
ACP paying agents 
All the bank accounts in the ACP states used for making payments locally. These 
accounts are held either in ecus or in a currency of a iv1ember State of the 
Community. 
Paying agents in Europe 
Ecti accounts with commercial banks established in the Member States. They are 
used to make payments in ecus or in a currency of a Member State and for 
transferring funds to accounts in the ACP countries. 
ST ABEX account 
This account is used for all (and only) the transactions relating to the STABEX 
system. 
Liabilities 
126 
In order to provide a clearer and more immediate picture of the situation of the Fund at 
the end of the financial year, the method of listing annual movements to liabilities has 
been dropped and henceforth only cumulated amounts will be shown. 
Annual variations in headings for capital and expenditure are set out in the statement of 
revenue and expenditure for the financial year. 
3.1. 6. This heading covers resources transferred from other Funds which increase the 
overall appropriation of the receiving Fund into which they are paid and reduce that 
of the Fund of origin. · 
3.1. 7. Replenishment of Stabex resources. 
This heading comprises direct contributions by the ACP States (replenishment' of 
resources) and the amounts by \vhich transfer entitlements have been reduced at 
the request of the ACP States. The obligation to replenish Stabex resources was 
abolished by the ACP-EEC Council Decision of 19 November 1991. The 
amounts booked in 1996 primarily concern regularisation of the accounts. 
3.1.8. The interest earned by European paying agents can be used to finance projects 
according to Article 9 of the internal agreement. This heading represents the 
amount of interest on deposited funds committed for the financing of projects. 
This interest leads to an effective increase in the Fund's overall appropriation. 
3.1.9. The "interest on deposited funds" heading gives the interest earned on deposited 
funds which was not used to finance projects. At the moment, all this interest is 
booked to the 7th EDF. 
3.1.1 0 .. This heading includes the appropriations transferred to the 7th EDF. This is 
reflected in an overall reduction in the 6th EDF' s appropriation and an increase in .. 
that of the 7th EDF. 
3.1.11. This amount represents the expenditure booked to the accounts for the projects in 
question. 
3.1.12. Expenditure to be regularised comprises all payments awaiting final entry in the 
accounts for the projects in question. 
These amounts concern expenditure \Vhich can be charged to either the 6th or 
7th EDF. Given the current rate of implementation of the two EDFs, the greater 
part of this expenditure will be charged to the 7th EDF. As booking starts with 
the recording of a treasury payment, at this stage all expenditure has been charged 
to the 6th EDF . 
. This heading relates largely to local payments made during December and still 
being processed under the normal accounting procedure (account~ng officer ~ 
authorising officer ~ financial controller). The majority of movements under 
this heading therefore relate to expenditure already effected which therefore does 
actually reduce capital available. 
The total amount of expenditure to be regularised is ECU 3 371 703.42 million, 
and relates to adjustments to the balances of ACP paying agents' accounts at 
3 1 December 1997. 
127 
3.1.13. Revenue to be regularised comprises amounts already credited to a bank account 
but not yet booked to the account for the project in question. 
In view of the fact that these amounts, once they have been regularised, may be 
converted into debts to third parties this heading has been transferred to the 
liabilities side of the balance sheet. 
6.2 Revenue and expenditure 
Introduction 
This table shows in aggregate form all revenue and expenditure relating to each EDF. 
Revenue is broken down by heading. Revenue from the same source is grouped under 
the same heading. 
Expenditure is broken down according to the instruments provided by the financial 
protocol to the Lome Convention. In certain cases, the principal instruments are broken 
down into subheadings. 
This table is ma~e up of three columns. The first shows the balance carried forward for 
each heading at the beginning of the financial year. The second shows the year's changes 
for each heading. The third gives the balance for each heading booked at the year end. 
Since this table shows all revenue and expenditure, the balance must be equal to the 
Fund's treasury. The real treasury includes all the other assets except amounts due from 
the Member States (i.e. contributions remaining to be paid). 
3.2.1. Sum of the contributions paid by the Member States to the EDF at 
31 December 1997. 
3.2.2. The Stabex system stipulates that the interest earned by the balance in hand is 
automatically added to Stabex resources and can, consequently, be committed in 
the same way as the initial appropriation. 
The "interest used/Stabex" heading relates to interest already used to finance 
Stabex projects. 
3.2.3. The Fund's total expenditure from the date of its creation up to 31 December 1997 
is broken down by instrument. . 
J.2.4. Total administrative expenditure is broken down as follows: 
Project 6.1.1 Current financial costs 
6.1.2 Exceptional p~ofit and loss 
6.1.3 Interest on arrears 
6.1.4 Revaluation at end of year 
6.1.5 Payments and VAT recovered 
6.1.6 Costs and sundry revenue 
6.1.9 Interest and bank charges on 
Project 6.6 account for advances on study grants 
Auditing and valuation costs financed by interest 
Total 
128 -53 032.20 
103 242.73 
24 751.19 
3.210 133.75(*) 
260 476.38 
45 246.76 
178.46 
3 590 997.07 
2 434 248.68 
6 025 245.75 
(*) Exchange differences for 1996 totalling ECU 1 534 985.08 (loss) were finally 
booked in 1997 because insufficient funds under the financial costs project were 
insufficient at the end of 1996. Regularisation was carried out in February 1997 
following the adoption of a new decision to use the interest available 
(ECU 2 million) to cover financial costs. 
4.1.1 See the management account 
6.3 Statement of sources and application of funds 
Introduction 
Neither the balance sheet nor the revenue and expenditure account give a full picture of 
the origin of the funds made available to the EDF during the year or how these funds 
were used. The statement of sources and application of funds fulfils this objective. 
This statement shows the movements of funds during th~ period in question. The 
expression "movements of funds" means any use or source of funds. For any given 
period sources and applications of funds must balance, sirice any use of funds must be 
financed in full beforehand. 
The statement of sources and application of funds is dra\vn up on the basis of the balance 
sheet and the revenue and expenditure account for the period in question. Movements of 
funds correspond to changes relating to the headings in these two documents. Increases 
in assets and reductions in liabilities correspond to application of funds, \vhereas 
reductions in assets and increases in liabilities correspond to their sources. 
Variations in bank balances are not taken into account and the difference bet\veen the 
sources and applications of funds is reflected in the changes to the available balance. 
Sources 
3.3.1. This heading gives the amount of interest on deposited funds committed for the 
financing of projects. As this interest is entered entirely under the 7th EDF, a 
transfer was made from the 7th to the 6th Fund. 
3.3.2. Reductions under these headings are offset by an increase in the expenditure 
booked in the accounts for projects. They are hence considered to be sources of 
funds. 
3.3.3. This heading exists because of the single treasury for all EDFs under 
implementation. In addition, Member States make payments for only one Fund at a 
time. As soon as a Fund is used up, the Commission calls for contributions to the 
following Fund. 
4.3.1. Contributions paid are cash deposited by the Member States during the financial 
year in the treasury accounts. 
4.3.2. All interest booked to the "interest" and "intere.st/Stabex" accounts appear under 
this heading. 
129 
Application of funds 
3.3.4. Expenditure for the year represents applications of Funds financed either by an 
outward payment or by the reduction in the heading "expenditure to be regularised". 
3.3.5. All advances paid out are financed by a negative cash movement and therefore 
constitute a withdrawal of funds. 
3.3.6. Transfers of appropriations which were not used under other EDFs increase the 
overall appropriation of the receiving Fund and reduce that of the Fund of origin. 
6.4 Statement of debts and VAT to be recovered 
Amounts to be recovered are not finally booked to projects until they have been 
collected. Their booking constitutes a reduction in expenditure rather than an increase in 
resources. Consequently movements of such amounts are not individually sho\vn in 
balances and special methods have to be used to identify them. 
A separate table therefore has been introduced for amounts to be recovered which have 
been removed from other financial statements in order to ensure consistency bet\veen the 
balances and financial statements (balance sheet and revenue and expenditure account). 
Such a table is provided for under the Financial Regulation relating to the 8th EDF. 
This table shows debts still to be recovered at the beginning of the year, entitlements 
established during the year, amounts collected and the balance of debts still to be 
recovered at the end of the year. 
ST ABEX ACCOUNT -at 31 December 1997 
ECU 
SECURITIES COUPONS ivfATURITY BOOK VALUE 
Great Britain!EU -MTN 8.000 21.2.98 46.764.750 
Austria!XEU -Bond 95/98 7.750 20.3.98 21.034.000 
FRANCE/EU -BT AN 1993 (98) 7.250 16.3.98 15.395.000 
Total ( 1) 83.193.750 
Interest accrued 885.490,86 
Total (2) 84.079.240,86 
Liquid funds on account 6.915.992,30 
TOTAL- STABEX ACCOUNT 90.995.233,16 
130 -_...-\ ~ d_ 
-I X­
MANAGEMENT ACCOUNTS -
SITUATION OF APPROPRIATIONS 
132 
SITUATION OF APPROPRIATIONS (ECUS) -6TH EDF AT 31.12.1997 
BREAKDOWN OF FUNDS 
RESOURCES OR RESOURCES OR 
INITIAL APPROPRIATION DEDUCTIONS AT DEDUCTIONS DURING NEW APPROPRIATION 
31.12.1996 1997 
ACP 
Grants 4.362.500.000,00 242.346.886,78 18.642.907,06 4.623.489. 793,84 
Special loans 600.000.000,00 -85.072.797,20 -10.972.631,51 503.954.571,29 
Interest-rate subsidies 207.500.000,00 -125.298.935,04 -541.300,45 81.659.764,51 
Emergency aid 210.000.000,00 -27.477.902,29 -3.132.150,53 179.389.947,18 
~id for refugees 80.000.000,00 17.353.550,82 -496.824,57 96.856.726,25 
Risk capital 600.000.000,00 600.000.000,00 
Stabex 925.000.000,00 523.875.912,53 1.448.875.912,53 
Sysmin 415.000.000,00 -256.700.000,00 158.300.000,00 
Transfer 4th EDF -6th EDF 0,00 121.127.106,36 -1.566.336,84 119.560.769,52 
Structural adjustment 0,00 6.000.000,00 6~000.000,00 
TOTAL ACP (1) 7.400.000.000,00 416.153.821,96 1.933.663,16 7.818.087.485,12 
OCT 
Grants 48.500.000,00 3.386.484,00 4.444.254,37 56.330.738,37 
Special loans 25.000.000,00 -4.444.254,37 20.555.745,63 
Interest-rate subsidies 2.500.000,00 106.062,69 2.606.062,69 
Emergency aid 3.000.000,00 -2.489.325,51 510.674,49 
Aid for refugees 1.000.000,00 -1.000.000,00 0,00 
Risk capital 15.000.000,00 15.000.000,00 
Stabex 4.000.000,00 4.000.000,00 
Sysmin 1.000.000,00 1.000.000,00 
Transfer 4th EDF -6th EDF 0,00 3.523.425,21 3.5~3.425,21 i 
TOTAL OCT (2) 100.000.000,00 3.526.646,39 0,00 103.526.646,39 
TOTAL (1) + (2) 7.500.000.000,00 419.680.468,35 1.933.663,16 7.921.614.131,51 
--' '~ -~ -134 
S/TUA TION OF APPROPRIATIONS (ECUS) -ACP 6th EDF AT 31.12.1997 
GRANTS SPECIAL LOANS INTEREST -RATE EMERGENCY AID AID FOR RISK CAPITAL 
SUBSIDIES REFUGEES 
SITUATION AT 31.12.1996 4.604.846.886, 78 514.927.202,80 82.201.064,96 182.522.097,71 97.353.550,82 600.000.000,00 
(1) Transformation of special loans into grants 10.972.631,51 -10.972.631,51 
(Council Decision 95/580/EC of 20,12,1995), 
(2) Transfer from interest-rate subsidies to gfants 541.300,45 -541.300,45 
(Lome Ill Convention, Internal Agreement, Art, 4), 
(3) Transfer from emergency aid to grants 3132150,53 -3.132.150,53 
(Lome Ill Convention. Art, 205(3)), 
(4) Transfer from aid for refugees to grants 496.824,57 -496 824,57 
(Lome Ill Convention, Art, 205(3)), 
(5) Interest earned from lhe EDF were used to f1nance the 3.500.000,00 
financials & administratives expenses (Respectivly 
2,000,000 & 1,500,000 Ecu : Commission decision of 
17,02,97 following the 321th EDF commitee & Commis-
-sion decision of 17,12, 97 following the 152th transmis-
-sion of a "less than 2 Mecu procedure", 
SITUATION AT 31.12.1997 4.623.489. 793,84 503.954.571,29 81.659.764,51 179.389.947,18 96.856.726,25 600.000.000,00 
STAB EX MINING PHODUCTS TRANSFER STRUCTURAL TOTAL ACP 4th EDF -6th EDF ADJUSTMENT 
SITUATION AT 31.12.1996 1.448.875.912,53 158.300.000,00 121.127.106,36 6.000.000,00 7.R16.153.821,96 
(5) 3.500.000,00: 
(6) Transfer of the remaining non allocated grants from -1.566.336,84 -1.566.336,841 
the 5 first EDF to non allocated grants of 7th EDF, 
(Council decision: 5/97 of 19,12,97 Art,1), 
SITUATION AT 31.12.1997 1.448.875.912,53 158.300.000,00 119.560.769,52 6.000.000,00 7.818.087.485,12 
135 
SITUATION OF APPROPRIATIONS (ECUS) -OCT 6th EDF AT 31.12.1997 
---- ~-~-·--·-- --~----
GRANTS SPECIAL INTEREST -RATE EMERGENCY AID FOR RISK 
LOANS SUBSIDIES AID REFUGEES CAPITAL 
SITUATION AT 31.12.1996 51.886.484,00 25.000.000,00 2.606.062,69 510.674,49 0,00 15.000.000,00 
(1) Transformation of special loans into grants 4.444.254,37 -4.444.254,37 
(Council decision 97/803/EC of 24,11,1997 (Art, 155 bis)) 
SITUATION AT 31.12.1997 56.330.738,37 20.555.7 45,63 2.606.062,69 510.674,49 0,00 15.000.000,00 
STABEX MINING TRANSFER TOTAL OCT PRODUCTS 4th EDF -6th EDF 
SITUATION AT 31.12.1996 4.000.000,00 ·1.000.000,00 3.523.425,21 103.526.646,39 
-
SITUATION AT 31.12.1997 4.000.000,00 1.000.000,00 3.523.425,21 103.526.646,39 
136 
SITUATION OF APPROPRIATIONS (ECUS) -7th EDF AT 31.12.1997 
BREAKDOWN OF FUNDS 
RESOURCES OR RESOURCES OR 
INITIAL APPROPRIATION DEDUCTIONS AT DEDUCTIONS DURING NEW APPROPRIATION 
31.12.1996 1997 
I 
ACP 
I 
Grants 6.215.000.000,00 -76.241.824,00 17.281.648,60 6.156.039.824,601 
Interest-rate subsidies 280.000.000,00 280.000.000,00 
Emergency aid 250.000.000,00 162.000.000,00 412.000.000,00 
Aid for refugees 100.000.000,00 -12.000.000,00 . 88.000.000,00 
Risk capital 825.000.000,00 825.000.000,00 
Stabex 1.500.000.000,00 287.914.286,09 5.043.952,41 1.792.958.238,50 
Sysmin 480.000.000,00 480.000.000,00 
, Transfer 5th EDF-7th EDF 0,00 442.134.280,10 -12.715.311,76 429.418.968,34 
j Structural adjustment 1.150.000.000,00 6.000.000,00 1.156.000.000,00 
TOTAL ACP (1) 10.800.000.000,00 809.806.7 42,19 9.610.289,25 11.619.417.031,44 
OCT 
Grants 97.500.000,00 97.500.000,00 
Interest-rate subsidies 6.000.000,00 6.000.000,00 
Emergency aid 2.500.000,00 2.500.000,00 
Aid for refugees' 500.000,00 500.000,00 
Risk capital 25.000.000,00 25.000.000,00 
Stabex 6.000.000,00 6.000.000,00 I 
Sysmin 2.500.000,00 2.500.000,00 
Transfer 5th EDF -7th EDF 0,00 14.800.964,10 14.800.964,10 
TOTAL OCT (2) 140.000.000,00 14.800.964,10 0,00 154.800.964,10 
SUNDRY REVENUE (3) 0,00 51.681.247,75 -610.747,96 51.070.499,79 
TOTAL (1) +(2)+ (3) 10.940.000.000,00 876.288.954,04 8.999.541,29 11.825.288.495,33 
137 
SITU AT/ON OF APPROPRIATIONS (ECUS) -A CP 7th EDF AT 31.12.1997 
GRANTS INTEREST -RATE EMERGENCY AID FOR RISK 
SUBSIDIES AID REFUGEES CAPITAL 
SITUATION AT 31.12.19§6 6.138.758.176,00 280.000.000,00 412.000.000,00 88.000.000,00 825.000.000,00 
(1) Interest earned from the EDF were used to finance the 3.000.000,00 
audit programmes financed by the EDF (Commission 
decision of 22,07,97 following the 324th EDF commitee 
(2) Transfer of the remaining non allocated grants from 14.281.648,60 
the 5 first EDF to non allocated grants of 7th EDF. 
(Council decision : 5/97 of 19,12.97 Art, 1 ). 
SITUATION AT 31.12.1997 6.156.039.824,60 280.000.000,00 412.000.000,00 88.000.000,00 825.000.000,()! 
-- - ----
STABEX MINING STRUCTURAL TRANSFER SUNDRY TOTALACP PRODUCTS ADJUSTMENT 5th EDf -7th EDF REVENUE 
SITUATION AT 31.12.1996 1.787.914.286,09 480.000.000,00 1.156.000.000,00 442.134.280,10 51.681.247,75 11.661.487.989,94 
(1) - -3.000.000,00 0,00 
(2) -12.715.311,76 1.566.336,84 
(3) Stabex 1997 interest, 5.043.952,41 5.043.952,41 
(4) Interest earned from the EDF were used to finance the -3.500.000.00 -3.500.000,00 
financials & administratives expenses (Respectivly 
2,000,000 & 1,500,000 Ecu: Commission decision of 
17,02,97 following the 321th EDF commitee & Commis-
-sion decision of 17,12,97 following the 152th transmis-
-sion of a "less than 2 Mecu procedure", 
(5) Interest on funds on deposit 5.889.252,04 5.889.252,04 
SITUATION AT 31.12.1997 1. 792.958.238,50 480.000.000,00 1.156.000.000,00 429.418.968,34 51.070.499,79 11.670.487.531,23 
13~ 
SITUATION OF APPROPRIATIONS (ECUS)- OCT 7th EDF AT 31.12.1997 
-~~---~ 
GRANTS INTEREST -RATE EMERGENCY AID FOR RISK 
SUBSIDIES AID REFUGEES CAPITAL 
! 
SITUATION AT 31.12.1996 97.500.000,00 6.000.000,00 2.500.000,00 500.000,00 25.000.000,00] 
I 
I 
I 
SITUATION AT 31.12.1997 97.500.000,00 6.000.000,00 2.500.000,00 500.000,00 25.000.000,001 
--
STABEX MINING TRANSFER 
PRODUCTS 5th EDF-7th EDF TOTALOCT 
SITUATION AT 31.12.1996 6.000.000,00 2.500.000,00 14.800.964,10 154.800.964,10 
SITUATION AU 31.12.1997 6.000.000,00 2.500.000,00 14.800.964,10 154.800.964,10 
139 
-X­
·ANNEXES 
140 
1 CONSOLIDATED ACCOUNTS AT 31.12.1997 
1.1 EDF CONSOLIDATED ACCOUNTS AT 31.12.97: 
ANNUAL FIGURES (ECU'OOO) 
APPROPRIATIONS 5th EDF 6th EDF 7th EDF 
Programmable aid 2.763.887 5.204.331 6.253.540 -· 
Structural adjustment (SAF) 0 6.000 1.156.000 
Non-programmable aid 1.428.848 2.588.199 3.920.458 
Transfers to other Funds 14.695 123.084 444.220 
Sundry re\enue 0 0 51.070 
TOTAL 4.207.430 7.921.614 11.825.288 
AGGREGATE IN% OF 
TOTAL APPROPRIATIONS 1992 1993 1994 1995 
DECISIONS 
5th EDF 4.207.430 100 -18.536 -373.439 0 0 
6th EDF 7.533.635 95 120.937 23.491 47.806 45.601 
7th EDF 10.318.500 87 1.960.437 1.981.285 2.432.908 1.474.489 
TOTAL 22.059.565 2.062.838 1.631.337 2.480.714 1.520.090 
ASSIGNED FUNDS 
5th EDF 4.207.430 100 30.194 -137.328 0 0 
6th EDF 7.099.700 90 667.176 305.367 180.667 89.818 
7th EDF 8.154.721 69 1.050.351 1.298.037 1.790.247 1.505.878 
TOTAL 19.461.850 1.747.721 1.466.076 1.970.914 1.595.696 
PAYMENTS 
5th EDF 4.207.430 100 137.989. 76.386 0 0 
6th EDF 6.777.642 86 914.829 571.591 449.216 268.197 
7th EDF 6.574.989 56 888.831 705.646 1.332.358 1.295.514 
TOTAL 17.560.060 1.941.649 1.353.623 1.781.574 1.563.711 
• Negative figures represent decommitments. 
EDF CONSOLIDATED ACCOUNTS AT 31.12.97 
ANNUAL FIGURES ( ECU '000 ) Tot, 5th,6th, 7th 
14.221.758 
f162.000 
7.937.505 
581.999 
51.070 
23.954.333 
1996 
0 
-53.008 
1.017.873 
964.865 
0 
120.457 
1.259.557 
1.380.014 
0 
199.131 
1.118.250 
1.317.381 1997 
0 
24.216 
591.769 
615.985 
0 
109.117 
852.298 
961.415 
0 
173.843 
1.038.852 
1.212.695 
.5th 
EDF 
o6th 
EDF 
o?th 
EDF 
500.000 . 
o.~~~~~~~~~~~~~~~~~~~~~~~~~r.-~~~~~~~~ 
-500.000 h....-.:~--.:-.-~~-.;.,...._~~+~~~~~~~~~~~7:-:-.:.::~~-~~~~77~~1 
.-~t;:.;~?~; .;.;:·;~d~·.:/(:.::~,,.:~ 1: ·~ :)s~?2~~~~;;:r::.~~}r·~-~~> i;·f·~~~~~t:,: ~, :.;<<•; ·.~. ';; ~:,,; m~ft:~~)t:~·.>.':(:·:::?~·· · ··:~:.~:f~;,:sYff·~.-ifj~ .. · -1.000.000 L-..:.....,;;.__..;..._ ___ ~~..;..____;,..;;.;;......;.__.;..___;, _____ ___;,...;_ _______________ _ 
I DECISIONS ASSIGNED FUNDS PAYMENTS 
143 
1.2 
EDF CONSOLIDATED ACCOUNTS AT 31.12.1997: 
NATURE OF AID (ECU '000) 
6th EDF % 7th EDF % TOTAL 
( 1) ( 1) 
PROGR~MMABLE AID (NIP) 
Appropriation 5.204.331 6.253.540 11.457.871 
Decisions 4.924.650 95 5.039.467 81 9.964.117 
Assigned funds 4.537.093 87 3.477.902 56 8.014.995 
Payments 4.282.356 82 2.511.107 40 6.793.463 
STRUCTURAL ADJUSTMENT (SAF) 
Appropriation 6.000 1.156.000 1.162.000 
Decisions 6.000 100 1.145.149 99 1.151.149 
Assigned funds 5.995 100 1.112.649 96 1.118.645 
Payments 5.407 90 1.090.906 94 1.096.313 
NON-PROGRAMMABLE AID 
Appropriation 2.588.199 3.920.458 6.507.784 
Decisions 2.509.327 97 3.764.011 96 6.273.339 
Assigned funds 2.473.773 96 3.341.084 85 5.814.857 
Payments 2.420.011 94 2.811.469 72 5.231.480 
TRANSFERS. FROM OTHER FUNDS 
Appropriation 123.084 444.220 567.304" 
Decisions 93.658 76 369.872 83 . 463.530 
Assigned funds 82.838 67 223.085 50 305.923 
Payments 69.868 57 161.507 36 231.375 
SUNDRY REVENUE - 51.070 51.070 
TOTAL 
Appropriation 7.921.614 11.825.288 19.746.902 
Decisions 7.533.635 95 10.318.500 87 17.852.135 
Assigned funds 7.099.700 90 8.154.721 69 15.254.420 
Payments 6.777.642 86 6.574.989 56 13.352.630 
( 1) % of appropriations. 
N.B: o Under 7th EDF programmable aid, "decisions" takes account of an ECU 33,8 million 
advance to the 8th EDF to finance the COl's 1996 , 1997 and 1998 budgets. That advance 
accounts for ECU 21,2 million of payments. 
o Under 7th EDF non-programmable aid (Stabex), "decisions" takes account of an 
ECU 76.2 million advance to the 8th EDF to finance STABEX transfers under the 1995 
application year. That advance accounts for ECU 72,9 million of payments. 
o The above notes also apply to tables 1.4 below and 1.1 above. 
144 % 
(1) 
87 
70 
59 
99 
96 
94 
96 
89 
80 
82 
54 
41 
90 
77 
68 
1.2 
EDF CONSOLIDATED ACCOUNTS AT 31.12.1997: NATURE OF AID 
(ECU '000) 
8 000.000 . 
7.000.000 . 
6.000.000 
5.000.000 
4.000 000 
3.000.000 . 
2.000.000 .. 
, .000.000 . 
Appropriation Decisions 
12.000.000 
10.000.000 
8 000.000 
6.000.000 
4.000.000 
2.000.000 
Appropriation Decisions 6th EDF 
Assigned funds Payments 
Assigned 
funds 7th EDF 
Payments 
145 Revenue OTRANSFERS TO OTHER FUNDS 
' 0 NON-PROGRAMMABLE 
8 STRUCTURAL ADJUSTMENT 
11 PROGRAMMABLE 
' 8 SUNDRY REVENUE 
OTRANSFERS TO OTHER FUNDS 
0 NON-PROGRAMMABLE 
8 STRUCTURAL ADJUSTMENT 
8 PROGRAMMABLE 
1.3 
ACP 
Total indicative programmes 
Grants 
Special loans 
Structural adjustment 
Total non-programmable aid 
Interest-rate subsidies 
Emergency aid 
Aid for refugees 
Risk capital 
Stabex 
Sysmin 
Transfer 4th EDF -6th EDF 
TOTAL ACP (a) 
OCT 
Total indicative programmes 
Grants 
Special loans 
Total non-programmable aid 
Interest-rate subsidies 
Emergency aid 
Aid for refugees 
Risk capital 
Stabex 
Sysmin 
Transfer 4th EDF -6th EDF 
TOTAL OCT (b) 
TOTAL (a)+ (b) EDF CONSOLIDATED ACCOUNTS AT 31.12.1997: 
BREAKDOWN BY INSTRUMENT (ECU million) 
ACP + OCT -6th EDF 
APPROPRIATION ~ECISIONS ASSI.GNED FUNDS ~AYMENTS I 
(1) AGG. TOTAL j ANNUAL % AGG. TOTAL j ANNUAL % AGG. TOTAL j ANNUAL % 
5.127,45 
4.623,49 
503,96 
6,00 
2.565,08 
81,66 
179,39 
96,86 
600,00 
1.448,88 
158,30 
119,56 
7.818,09 
76,89 
56,33 
20,56 
23,12 
2,61 
0,51 
15,00 
4,00 
1,00 
3,52 
103,53 
7.921,61 {2) ~ (2): (1) (3) ~ (3): (2) (4) ~ (4): (3) 
4.855,49 
4.351,53 
503,96 
6,00 
2.486,21 
81,66 
179,39 
96,86 
522,88 
1.447,12 
158,30 
91,88 
7.439,58j 
69,16 . 
48,61 
20,56 
23,12 
2,61 
0,51 
15,00 
4,00 
1,00 
1,78 
94,06j 
7.533,641 27,74 
38,71 
-10,97 
-4,51 
-0,54 
-3,13 
-0,5G 
-0,34 
-0,25 
22,99; 
0,99 
1,00 
-0,01 
0,21 
0,21 
0,03 
1,23~ 
24,22~ 
146 95% 
94% 
100% 
100% 
97% 
100% 
100% 
100% 
87% 
100% 
100% 
77% 
95% 
90% 
86% 
100% 
100% 
100% 
100% 
100% 
100% 
100% 
50% 
91% 
95% 4.476,77 
4.022,06 
454,71 
6,00 
2.450,87 
81,66 
179,39 
94,89 
522,88 
1.447,12 
124,92 
81,08 
7.014,71 j 
60,32 
45,14 
15,18 
22,91 
2,61 
0,51 
15,00 
4,00 
0,79 
1,76 
84,99 ~ 
7.099,701 81,71 
76,07 
5,63 
17,71 
-0,54 
-0,25 
-0,79 
-0,34 
19,63 
8,14 
107,55 
0,90 
0,96 
-0,06 
0,66 
1,57 
109,12 92% 
92% 
90% 
100% 
99% 
100% 
100% 
98% 
100% 
100% 
79% 
88% 
94% 
87% 
93% 
74% 
99% 
100% 
100% 
100% 
100% 
79% 
99% 
90% 
94% 4.225,20 
3.806,43 
418,77 
5,41 
2.397,48 
81,66 
179,44 
94,80 
495,48 
1.447,12 
98,98 
68,79 
6.696,88; 
57,16 
42,13 
15,03 
22,53 
2,61 
0,51 
14,63 
4,00 
0,79 
1,08 
80,76~ 
6.777,641 148,63 
137,92 
10,72 
0,04 
11,83 
-0,19 
0,09 
8,02 
3,91 
10,47 
170,97 
2,65 
1,89 
0,76 
0,22 
2,87 
173,84 94% 
95% 
92% 
90% 
98% 
100% 
100% 
100% 
95% 
100% 
79% 
85% 
95% 
95% 
93% 
99% 
98% 
100% 
100% 
98% 
100% 
100% 
61% 
95% 
95% 
1.4 
ACP 
Total indicative programmes 
Grants 
Structural adjustment 
Total non-programmable aid 
Interest-rate subsidies 
Emergency aid 
Aid for refugees 
Risk capital 
Stabex 
Sysmin 
Transfer 5th EDF -7th EDF 
TOTAL ACP (a) 
OCT 
Total indicative programmes 
Grants 
Total non-programmable aid 
Interest-rate subsidies 
Emergency aid 
A!d for refugees 
Risk capital 
Stabex 
Sysmin 
Transfer 5th EDF -7th EDF 
TOTAL OCT (b) 
SUNDRY REVENUE (c) 
TOTAL (a)+ (b)+ (c) EDF CONSOLIDATED ACCOUNTS AT 31.12.1997: 
BREAKDOWN BY INSTRUMENT (ECU million) 
ACP + OCT -7th EDF 
APPROPRIATIONS I DECISIONS ASSIGNED FUNDS PAYMENTS 
AGG. TOTAL 1 ANNUAL 
(1) I (2) % I AGG. TOTAL 1 ANNUAL 
(2): (1) (3) 1 % I AGG. TOTAL 1 ANNUAL 
(3): (2) (4) % 
(4): (3) 
6.156,04 
6.156,04 
1.156,00 
3.877,96 
280,00 
412,00 
88,00 
825,00 
1.792,96 
480,00 
429,42 
11.619,42 
97,50 
97,50 
42,50 
6,00 
2,50 
0,50 
25,00 
6,00 
2,50 
14,80 
154,80 
51,07 
11.825,29 4.974,94 
4.974,94 
1.145,15 
3.725,05 
243,33 
403,64 
85,53 
765,56 
1.773,59 
453,42 
358,37 
10.203,52 
64,52 
64,52 
38,96 
5,44 
2,20 
0,29 
22,53 
6,00 
2,50 
11,50 
114,98 
10.318,50 352,39 
352,39 
40,70 
172,39 
-7,46 -1,23 
2,03 
13,39 
165,66 
19,42 
584,90 
3,46 
3,46 
3,37 
0,70 
-0,01 
0,20 
2,48 
0,04 
6,87 
591,77 
147 81% 
81% 
'99% 
96% 
87% 
98% 
97% 
93% 
99% 
94% 
83% 
88% 
66% 
66% 
92% 
91% 
88% 
59% 
90% 
100% 
100% 
78% 
74% 
87% 3.430,24 
3.430,24 
1.112,65 
3.305,20 
242,88 
401,02 
81,86 
759,41 
1.623,29 
196,74 
217,00 
8.065, 10) 
47,66 
47,66 
35,88 
5,44 
1,80 
0,09 
22,53 
6,00 
0,02 
6,08 
89,621 
8.154,72! 708,50 69% 
708,50 69% 
57,20 97% 
61,42 89% 
-7,91 100% 
1 '17 99% 
6,14 96% 
7,24 99% 
18,73 92% 
36,05 43% 
20,88 61% 
847,991 79% 
4,81 74% 
4,81 74% 
0,69 92% 
0,70 100% 
-0,01 82% 
0,00 32% 
100% 
100% 
; 1% 
-1,19! 53% 
4,311 78% 
852,301 79% 2.472,37 
2.472,37 
1.090,91 
2.788,62 
143,74 
393,74 
73,65 
418,08 
1.623,29 
136,12 
156,98 
6.508,88 
38,74 
38,74 
22,85 
3,33 
0,90 
0,09 
12,50 
6,00 
0,02 
4,53 
66,11 
6.574,99 685,73 72% 
685,73 72% 
74,31 98% 
233,48 84% 
52,80 59% 
9,95 98% 
8,29 90% 
108,63 55% 
18,73 100% 
35,07 
32,84 72% 
1.026,371 81% 
9,43 81% 
9,43 81% 
1,78 64% 
0,33 61% 
0,04 50% 90% 
1,42 55% 
100% 
100% 
1,27~ 74% 
12,481 74% 
1.038,85~ 81% 
1.3 and 1.4 
IACP & OCT: 6TH EDF APPROPRIATIONS I 
Sysmin 
2.01% Transfer 4th EDF ·6th 
EDF 
1.55% 
Emergency aid Risk capital 
2.27% 
Aid for refugees 
1.22% 
Stabex 
18.34% 
6.6~% 
Structural adjustment 
0,08% Grants 
59,08% 
IACP & ciCT: 7th EDF APPROPRIATIONS I 
Risk capital Transfer 5th EDF • 7th 
EDF 
Sysmin3.76% 
4.08% Sundry revenue 
0,4.3~. 
Aid fo?rJt~ees 
0,75% Grants 
52.88% 
Emergency aid 
3.51 ~ 0 
Interest-rate subsidies 
2.~~··;, 
Structural adjustment 
9,78% 
------·-------------· 
148 
2. SITUATION BY COUNTRY AND BY INSTRUMENT 
2.1 6th EDF 
Notes to the management accounts: 
(a) In tables 1 to 8, the figure '"0.0'' indicates that the corresponding amount is 
between ECU -50 000 and ECU 50 000. 
Where no figure is given, the amount is equal to zero. 
(b) In all tables the heading '"All countries" refers to projects which cover a 
number of countries but are not financed by regional cooperation. 
(c) In all tables the heading ~~Financial and administrative expenses" repre-sents 
projects financed by EDF interest \vhich have been transferred to a financial 
instrument (grants, Structural Adjustment Facility) with the exception of one 
amount of ECU 1 million financed from the ••grants'' appropriation and used 
for posting bank charges and exchange rate differences . 
. (d) In the first column of tables 1 and 2, the allocation for '"Regional cooperation'' 
(ECU 912.2 million) corresponds to the Commission's regional cooperation 
target for ACP States only (see Chapter II, point 2.1 ). 
(e) In tables 1 and 2, the heading "Reserve" (ECU 29.1 million) corresponds to 
unallocated gra11:ts. These grants come from the unexpended balances of the 
,,!.!, following instru·ments: 
Interest-rate subsidies: 
Emergency aid: 
Aid for refugees: ECU 15.4 million 
ECU 10.6 million 
ECU 3.1 million 
ECU 29.1 million 
ECU 26 million of this reserve is not available as it is earmarked for financing 
the gth EDF. . 
(f) In 1996 Somalia's NIP was replenished by ECU 42.3 million. an amount 
corresponding to payments made in respect of emergency aid projects. 
Somalia's NIP has increased accordingly from ECU 117 million to ECU 159.3 
million. 
149 
I I I I 
CUMULATIVE END YEAR 1997 6th EDF RESULT BY STATE {MECU) 2 1 Table 1 
I I I I ; ; I 
NATIONAL INDICATIVE PROGRAMMES (MECU) NON NIP ; TOTAL 
I I I I 
NIP Decisions Delegat. Payments Dec1s1ons I Payments Dec. Delegat. Payments 
State I I 
MECU MECU %NIP Appropria! MECU %NIP MECU %NIP I MECU I %NIP Appropriat 
I I I 
ANGOLA 102.0 101.4 99,4% 88.9 85,61 83,9% 18,8i 18,4% 18.8 18,4%; 120.2 107.7 104,4 
BENIN I 89.5 88,91 99.3% 85.31 84.4 94.3% 34.51 38.5%: 33 9 37,9% 123.4 119.6 118,3 
BURKINA FASO 107,5 107.5 100,0% 103,1! 96.3 89,5% 27.01 25.1%• 213 19.8% 134,5' 130,1 117,5 
BOTSWANA 30.5 27.3 89,4% 25.2 22.5 73,7% 29.9 97,9%1 29 2. 95,9%1 57,1 54,4 51,7 
BURUNDI 108,0 107,2 99,2% 93.8 93.4 86.5% 56,3 52.1%1 56.2i 52.0% 163,5 150,01 149,6 
CENTRAL AFRICA REPUBLIC 69,5 68,6 98,7% 67.1 64.9 93,4% 40,41 58.2%1 37 7: 54.3% 109.0 107,5 102.6 
CHAD 89,01 89,0 100,0% 84,9 81.6 91.7%1 49.9 56.0%1 48 4 54,4% 138,8 133,5 130,1 
CAMEROON 101,0 100.3 99.3% 99.3 96.4 95,5% 203,4: 201.4%1 203.2 201,2% 303,7 302,6 299,6 
CONGO 48,0 47,9 99,8% 39,2! 35.5 74,0% 11,9 24.7%1 11.5 24,0%1 59,8i 51,1 47,1 
COMOROS 20.5 20.5 100,0% 20.31 20.2 98,5%1 12,01 58,5%1 12 0' 58,4%1 32.5 32,3 32.2 
CAPE VERDE 24.5 24,5 100.0% 23.7 23.5. 95.9% 3.31 13.5%1 33 13,3%1 27.8 27,0 26:a 
DJIBOUTI 16.0 16.0 99.9% 14.7' 13,4: 83.7% 2.3! 14,3%1 2.3' 14,2% 18 3 17,0 15.7 
EQUATORIAL GUINEA 12,0 11,8 98,1% 11,11 8,5 70,9% 1381 115.3%1 13.81 115,3% 25,6! 24.9 22,3 
ETHIOPIA 210,01 209,9 100,0% 172,51 158.81 75.6% 187,1 89,1%1 182 3. 86.8%1 397,0 359.6 341,0 
GABON 26.0 24,5 94.2% 23.9 23.4 90,0% 3.51 13.5%; 3 5' 13,4% 28,0 27,4 26.9 
GHANA 97,5 97,1 99,6% 94,1 i 68.1 69.8% 26.2i 26.8%, 25 2' 25,9%: 123,3 120.3! 93,3 
GAMBIA 21.0 20.0 95,1% 19.7 19.3 92,0% 19.81 94,4%. 19.8. 94,3%1 39,8 39,51 39,1 
GUINEA BISSAU I 37,5 37,5 99,9% 36,1 33.4 89,0% 6.61 17.6%: 6.4 17,1% 44,1 42.7 39,8 
GUINEA 114.01 113,0 99,1% 110.71 107.8 94,5% 77.21 67,8%1 55.3' 48.5% 190.2 186.5 163,1 
IVORY COAST 82.01 82.0 100,0% 80,0 78.5 95,7%1 383.41 467,6%1 382.11 466,0% 465.41 462,3 460.6 
KENYA 135.01 117,6 87,1% 102.0 98.0 72.6% 90.51 67,0%1 88 9 65,9% 208,1 191.2 186,9 
LIBERIA I 45,0 25,4 56.3% 25.2 20.5 45.5% 8.9 19.8%1 8 51 19.0%1 34 3, 33.7 29.0 
LESOTHO 41,51 41,4 99.9% 40,7 40.0 96,4% 10.41 25.0%1 10.0: 24,0%1 51,8 50.6 49.9 
MADAGASCAR 125,0 121.5 97.2% 101.4 86.0 68,8% 36.6! 29,3%: 357' 28.5%1 158,11 137,8 121,7 
MALAWI 114.5 113.2 98,8% 108,11 106.0 92,6% 53,4 46.7%1 52 Si 46.2%1 166,6 161,3 158.8 
MAURITIUS 31,0 30.8 99.5% 29.7 28.5 91,9%1 12.21 39.5%: 12.21 39,3% 43,11 42.0 40,7 
MAURITANIA 61,5 61.1 99,4% 60,4 57.1 92.8%1 42.4 69,0%1 41 41 67,3% 103.6 102,8 98,4 
MALl 137.0 135,0 98.5% 127,6 126.51 92.3% 38,5 28,1%1 38.31 27,9% 173,5 165,8 164,7 
MOZAMBIQUE 160,0 157,9 98.7% 139.6 137,1 85,7% 61.9 38.7%1 61.9! 38,7% 219,9 201,6 199.0 
NIGER 122.0 121.5 99,6% 104,7 99,1 81,2% 38.1 31.2%! 37.7i 30.9%1 159,5 142,3 136.7 
RWANDA 110,0 107,0 97,3% 101,7 81,9 74,4%1 73.5 66.8%1 70 91 64,5% 180.5 175,1 152,8 
SENEGAL 108.5 108,5 100,0% 108,3i 104,5 96.3% 163.91 151,1%1 146.31 134,8% 272,4 260.2 250,8 
SEYCHELLES 6.2 6,2 99,5% 6,2 6.1 98,7%1 1.71 27,3%1 1 71 27,2%1 7,9 7,8 7,8 
SIERRA LEONE 65.5 63,7 97,3% 62.31 62.1 94.8%1 9.81 14.9%: 9.51 14,5% 73,5 72.0 71,6 
SOMALIA 159,3 142,8 89,6% 130,7 107,3 67,4% 31.3i 19.7%1 29.21 18,4% 174,1 161,5 136.5 
SAO TOME & PRINCIPE 6,0 6,0 99.5% 5,9i 5,8 96,1% 4.01 67,0%1 4 Ql 67,0% 10,01 9.9 9.8 
SUDAN 145.0 80,1 55.3% 69.41 68,4 47,2% 147,61 101.8%1 146 71 101,2% 227,7 216.3 215,2 
SWAZILAND 25.5 25.0 98,0% 24.6 23.51 923% 9.31 36.5%1 9.3i 36,5%1 34,31 33,9 32,8 
TANZANIA I 176,5 163.2 92,4%1 161,31 160.2i 90,8% 23.71 13.4%! 23.4: 13,3% 186,9. 185.0 183.7 
TOGO 61,5 54,0 87,7% 49.6 49 .. 1 79,9% 49.51 80.6%1 33 a· 55,0% 103,61 83,51 83,0 
UGANDA 133,0 127,6 95,9%1 126.11 125.3 94.2%1 26.6; 20.0%1 25.2: 19,7%1 154.2 152.3 151,6 
NIGERIA 213,5 210,9 98.8% 181.0 177.0 82,9% 17,71 8.3%1 17 Si 8,3%i 228,5 198,6 194,7 
ZAMBIA 920 88,8 96,5% 88,01 87.51 95,1%1 14.4j 15.6%1 14 21 15,5% 103,1 102.4 101,7 
ZIMBABWE 77.0 76,8 99,7% 73,11 68.7 89,2%1 12.7! 16.5"'o 12 7 16,5"fol 89.5 85.9 81,4 
ZAIRE 166.5 142,5 85,6% 118,81 105.4 63,3%1 8.3i 5.0%1 54. 3.2%1 150.8 124.8 110.8 
• TOTAL AFRICA I 3.924.5 3723,0 94,9% 3440,0 I 3247,0 82,7% 2194,6: 55,9%1 2104.8· 53,6%1 5917,5 5594,3 5351,8 
ANTIGUA-BARBUDA I 4,5 4,41 97,7%, 4.41 3,81 84,6% 1.5! 33.3%1 1 51 33.3%1 5.9i 5.9 5,3 
BARBADOS 5.0 5,0 100,0% 2.8! 2.7 53,4% 2.2: 43.1%! 2 1 41,8%1 7.2 4,9 4.8 
BELIZE 8.0! 8,0 100,0% 8.o: 7.9 98,3% 5.01 62.1%i 50 62,0%1 13.01 13.01 12.8 
BAHAMAS 4.01 3,8! 95,1% 3.7! 3.3 82.3%1 2.71 66,3% I 2 7 ~ 66.3%: 6,5 6,4 5,9 
DOMINICA 6,01 5,91 98.5% 5.8 5.7 95.8%! 5.o: 83.9% so· 83.8%1 10,9 10.81 10,8 
GRENADA I 5.51 5.51 99.8o/o 5.5i 5,41 98.4% I 5.31 95.7%i 53 95,5%1 10.8i 10.71 10.7 I 
GUYANA I 22.11 21,8 98.8% 21.71 21.4! 96.8%i 3.9: 17.7%• 3 9· 17.7%1 25,8! 25,61 25.3 
JAMAICA I 40,2! 39.9 99,4% 39.71 35.1: 87.3% 11.5 i 28.6%: 11.4. 28,4%i 51,4! 51.2 46,5 
ST CHRISTOPHER NEVIS I 3 5i 3.11 88.1% 3.1; 3.1 88,1% 1.51 42.9%1 1 5: 42.9%1 4.61 4.61 4.6 
SAINT A LUCIA 6.0' 6,0 99.5%' 5.1' 5.1 85.0%! 3.0! 49.3%: 30 49,3%1 8.9 8 1 i 8.1 
SURINAME I 24.0: 17.41 72.4%i 15.8: 15 8i 660%1 4.7: 19.6% 3 9. 162%i 22.1! 20.2• 19.7 
SINT VINCENT & GRENADINE$ L 7.0' 6,9 98.6%1 6.6' 6 61 94.6%1 3 2: 46.1% 32 46.1"~: 10.1! 9.91 9.8 
TRINIDAD & TOBAGO I 15.0, 15.0 1000%i 12.5i 5 91 39.4%1 11.7; 78.1% 1:J 9 72.7%' 26.7 23.9: 16.8 
• TOTAL CARIBBEAN 150,8: 142,71 94,6'/,1 134,7; 121,8. 80,8%! 61,11 40,5'1. 59.3 39,3'1.. 203.8i 195,1: 181,1 
FIJI I 20.0, 18.9 94,4%1 18 Ql 16.3' 81,3%1 4,1! 20.7% 4 1 20.7%: 23.0i 22.1' 20.4 
KIRIBATI 6.5 6.5 99,4% 6.4: 6.1; 93.9%1 2.8: 42.3%· 28 42.3%: 9 21 9.2i 89 
PAPUA-NEW GUINEA 34,51 33.91 98.1% 33.8: 30.5i 88.5% 148 a: 431.3% 122, 382.8%' 182,71 177.9: 162.6 
SALOMON ISLANDS : 17 01 15.3' 90.2"~ 15.01 14.5: 85.3%: 33.8: 198 9% 33 a 198.9%1 49 11 48.9! 48,3 
TONG A I 6.5• 6.5 100.0% 5.61 5 01 76,7%1 63 96 2% 53· 96.2%1 12.8 i 11.8 11 2 
TUVALU 2,0' 2.01 100,0%i u: 1.51 77,4%1 0.6i 32.0%' 05 32.0%' 2.6! 2.31 2.2 
VANUATU I 6 71 6.7 1000%i 6,3! 6.1: 90,3%1 200: 2980% 2~ 0, 298 0%: 26.71 26.2: 25.0 
WESTERN SAMOA I 9,0i 8,71 96.5%1 8.7: 8 71 96.3%1 15.6 173.3% , 55 173,3% I 24.31 24.3! 24.3 
• TOTAL PACIFIC 102,2! 98,4 96,3%1 95,41 88.71 86.8%1 232,01 227,0%: 215.2 210,6%1 330,41 322.71 303 9 
ALL COUNTRIES : 1.5' I 0.0% ! I 0,0%1 20.1 i 1339 9% I ~0 1 1339.9%: 20.1 I 20 1 I 20 1 
REGIONAL COOPERATION I 912.21 884.2 96.9%1 799,7: 761.71 83,5%! 70.41 7)%· CB 9 7.3% 954,6: 869.5i 828 5 
FINANCIAL & ADMINIS EXPENSES i 7.21 7.2 100,0%1 7 o: 6.01 83.7%1 6.0: 83 6% 5.! 75.4% 13 2! 13 o· 11 5 
RESERVE I 29,11 I I i : I I I 
• TOTAL ACP i 5.127.4: 4855,5 94,7'/,! 4476,81 4225.2. 82,4'!,: 2584,11 50,4%' 2471.7 48,2'/, 7439.6' 7014.71 6696,9 
• TOTAL OCT 76,9! 69,2 90,0% 60,31 57.2' 74,3'/,1 24,9i 32,4'/.' 23.6. 30,7%. 94,1 i 85,01 80,8 
• TOTAL ACP + OCT I 5.204 31 4924 61 94.6%1 4537 1' 4282 4 82 3%' 2609 0. 50.1'/,1 2495.3 47 9~'.: 7533.61 7099.71 6777.6 
150 
I State 
.A 
N 
1\IN.A f_AS_Q 
ID 
fRAI . AFRICA DI:DI lr:l.l lr" 
IC 
:ROE 
IJI 
:a RIAL GUINEA 
:n IJ 
lA N 
iH lA 
iA lA 
A BISSAU 
11 :A 
·coAST 
'A 
UA 
IT HO 
lA ~WI 
'.1 RITIUS 
VI RITANIA 
Jl= 
rnA 
LLES 
.1E & PRINCIPE 
W. 711 AND 
rA!'> :ANIA 
11 )( 
ll NDA 
lA 
T AFRICA 
lA ,()(')C:: 
;u1 1NA 
ANAIO 
\.-HKI::OI Ut-'H_t:_K NEVIS 
)AINTI .LCIA 
I KINIUI'.U TOBAGO 
TOTAL r. 
FIJI 
KIRI IATI 
PAD IA.NP.A. GUINEA 
SA lMr"lN ISLANDS 
TON iA 
TUVALL 
VAN JATU 
vvr=.: 1 t=.f"(N SAMOA 
TO'rAl PAC_lflf_ 
,.1,LL OUNTRIES 
Rr=r IAI r.nnDr=::IATION 
I rrA & ADMINIS. t=.At-'t=.N::.t=.::. 
'C .. ACP 
·or,._ OCT 
·or ... ACP..._acr I I I I 
I YEAR 1997 16th--EDF RESUL.T BY STATE IMEC:Ul I 
I 
NATIONAL INDICATIVE tH~rv•n ·••••.-.-MECU I 1 NOI' NIP I 
I 
NIP Deci >Ions Deleoat. Pavrients 1 -oec; s1ons Payments 
MECL MECU % NIP A 
1 
1 
11)1 
18 
!0 
!4. 
2' 
1 
1 
1 
1:17 
6 
15 ' 
14~ 
171 
6 
13 
2' 
I 1 
3.9: 
. I 
. I 
2 ' 
I 2• 
I 7 
i 15. I 
' 15( 
2C, l 
3<' 
1 
I 10: 
91 . I 
. I 
!9,1 i 
1 5.1 !7.4 
r6,91 
I 5.204.31 0. 
-0. 
.: 
-0, 
0.0 
J,; 
.( 
-<. 
.(, 
. ·. 
.; 
-0.0 
0,3 
0,0 
0.0 
0.1 
0.0 
. I 
I 
0.1 
0,0 
0.0 
0,2 
0,3 
23,7 
' 3.5' 
27,7 
1,0 
28,7 1% 
%1 
1% 
1%1 
1% 
•· ;% 
)o/o 
,I 
.. ,, 
1 
I'll I 
(, 
,I% 
.i% , .. 
l'l I ,., 
.0%' 
.0%1 
(,1%. 
?'1,; 
,I"<' 
, ~~~ I 
~~I 
I~ I 
' 
C.0%1 
,6°A> i 
41 ,6%1 
0,5% 
1,3'/, I 
0.6'/,i I 
MECU % NIP : MECU % NIP MECU % NIP 
• ( I 
•· -1, 
1. 
1 
,1 
.9 
.21 
.4 
. I 1 
.~ 
-1, 
11 
11 1 
1 1' 
1,4 
1,5 
.1 
.1 
(1,3 
••. 8 
:.o 
.9 
., .6 
6l ,61 11 
66 
,3 0.2 
0.31 
1,01 
-0.01 0.2 
6.2: 
.8: 
,31 
-( ,0 
.1 I 
.1 . I 
0 . I 
.0 
.11 
4,31 
-2.5 irt 
3,5 3.71 
81.7 i 148,6 
0.9! 2.S 
82.61 151,3 
151 ! I 
:.! 
·~.' 
~~ '. 
<. 14. 
1i. ~; 
:I% 
0.9% 
7,6°A> 
,; 
I'll 
)'I;, I 
1 ,., 
I'll . 
• 
~. 
i'lll 
14.! 
.: ,, 
,: 
' ~: 
' .I 
,i%1 
,1%1 
' ll.l 
'14.' 
,: 
,I% 
!% 
''· 1 l'lo 
ro,. 
l% 
1%' 
1% 
~.l% 
1% 
I 
2.9'/,' 
2.9'/, -0.31 
-0.2 
-..0.6 
--:o.1 
0.0 1,( 
·0 0 I'll 
0,1 
-0.0 
-001 
-0.0 
-0.0 
. ( 
-1, 
-l, 
-0.8 
-0.1 
,, 
0.0 
--=3.6 ..Q, 
0.0 
00 
I"' ,., ' 
I )0,.: 
1"1; 
I I'll 
.1"1 
-0,0 ')~ 
-0.0 J, 
I 1%: 
1%' 
--:o:o· ' 1% 
,I% 
,I% 
)'\I 
..Q,O. 
-0.0 c l"' I 
( l"' 
-4,8 -<l,'l% 
-o.2: 0,3'1. 0,0 
0,1 
0,0 
0.6 
-0.0 
-0.0 
3.2 
0.1 
0.5 
0.5_ 
0.3 
1,6 
0,0 
0.2 
2,5 
0,1 
1,1 
1 
), 
0.0 
-0.0 
0.1 
1,0 
0.2 
0.0 
( 
22,3 
0,2 
22,6 12.1 Table 2 
TOTAL 
Dec. Deleoat 
lA 
2 6 
.1 
1 .3 
.6 
.0 
1,2 
4, 
,6 2. 
.0 3 
0.0 
11 
71 
I 
' ~ 
,4 
.2 
(9 
,4 
7 
-0 01 .8 
11.4 .2 
10 71 1' 
1.41 
1 
0 
2 . 
1,( 0, 
.1 ,1 
1,0 
1,0 
.5 1 ·' 1' 
.0 
- .7 
,5 
,1 
-( .9 
.1 ,8 
.6 -: .7 
,7 8 121 ,5 
0,8 
0,1 0 0.1 
0.0 .3 
4' 
0,1 1! 
0,0, .1 
-0 0 
.1 
.0 ~ 
1,4 
,0 .2 
0 
0,1 1 I ,1 
.1 
0,0 0 
0,01 .o: 
0,2 I 
,3 1r ,11 
,1 ·I 11 
2: ,7 .51 3' 
,5 .5 
23.0 107.6 171,0 
1.2 1,61 2,9 
24.2 109,1 173.8 
CUMULATIVE END YEAR 1997 I I 6th EDF BY INSTRUMENT AND BY STATE (MECU} 1 ., I 2 1 Table 3 
I I I I I I I I I I 
DECISIONS NIP I NON NIP TOTAL 
I Grant Soec1al 1 Total Interest I Energencyl Refugee RISk I STABEX SYSMIN I Transfer 1 SAF Total 
State Loan SubStdiesl Aid I Aid Capttal J f ex EDF 4! State 
I I I I i I 
ANGOLA 101.4 101.41 I 13.7: 2.6 2.5! I I 1881 120.2 
BEN IN 88.9; 88.91 I 0.31 0.1 12.71 177 i 3 61 34.5 123.4 
BURKJNA FASO 107.5j 107,5 ! 0 4! 12.71 7.3 I 6 6' 27.01 134,5 
BOTSWANA 21.81 5.51 27.3 2.6 0 4; 04 4.01 21.7• 0 8! 29.9 57.1 
BURUNDI 97.21 9.9 107.2 0.2 04 10.1! 44 5' I 1 2 I 56.3 163.5 
CENTRAL AFRICA REPUBLIC 68.6 68 61 I I 0 Si I 6 a, 31.21 I 2.61 40,4 109.0 
CHAD 89.01 89.0 ~ I 1.2: 1.8 3 71 40,4! I 2 8' 49.9 I 138,8 
CAMEROON 70 91 29 4 100.3 I 0.11 1 Ol 198 81 I 3.5 203.4 I 303.7 
CONGO I 37 9i 10.01 47 91 I 11.51 I 0 3, I 11.91 I 59.8 
COMOROS 20.51 20.5 I 20! 9 61 I 0.4 I 12 0' I 32.5 
CAPEVERDE 24.51 I 24.51 I 3.01 I I 0.3 I 3.3: 27,8 
DJIBOUTI I 16.01 I 16,01 0.21 111 0.9 : 0 1 2.3 i I 18.3 
EQUATORIAL GUINEA 11,81 11,8 I I 4 o: 9 8; I I I 13.81 25.6 
ETHIOPIA 191.9 18 01 209.9 I· 47.5' 1031 29.9 98 6! I 0 8• 187 1! I 397,0 
GABON 17.2 7.3 24.5 I 0.1 i ! 31 ! 0.3 I 3,51 28,0 
GHANA 97,11 97.1 I 3.21 i I 22.9 I 0.0 i 26.2: 123.3 
GAMBIA 20.01 20.0 ! 02 5.7' 13 71 02 I 19.81 39.8 
GUINEA BISSAU 37.51 37.5! I 0.1: I 3.4 2.9! I 03 l 6.61 44.1 
GUINEA 108 01 5 01 11301 I 1.1· 2.31 38.0. I 35.0 0.9. I 77.21 I 190,2 
IVORY COAST I 60.7 21 31 82.0i I 11.8: 0.9 1.4: 0,1 I 365 31 I 4.0' I 383.4 I 465.4 
KENYA I 107,6 1001 117,6 i 10.8. 04 0.01 6.6: 70 g; I 1.7' I 90 51 208.1 
LIBERIA ! 25.4 I 25.4 I ! 6.7 2.21 I : I I 8.9' 34.3 
LESOTHO 31.61 9.8! 41.4• I I I I 5.0: 4 4: ! 11 I 10.41 I 51.8 
MADAGASCAR 109.0 12.5 121.5 I 0,3 I 30.4' 4 51 1,5 36,6! I 158,1 
MALAWI : 107,41 5.8i 113.2! 1,7; 4.1' 13.2 i 11 7 I 21.7: 1 0' ! 53,4' 166.6 
MAURITIUS I 20.9 10.01 30 81 3,2; 0.1' I 5.8: 3 0 I 0 2: I 12.2' 43.1 
MAURITANIA i 6111 61.1 I I I 0 7 1.51 21.5' ! 18 0· 0 7! I 42.41 103.6 
MALl 130.0! 5.0 135 Or 0 3· I 14.8 20 31 v· I 38 51 173.5 
MOZAMBIQUE I 157.91 : 157.91 I 16 3 13 31 10.9: 21 5: I I 61.9' I 219,9 
NIGER I 116,51 50: 121.51 I 0.4 271 14 31 6 61 12.5; 1.61 I 38.11 I 159.5 
RWANDA I 97,01 10,01 107.0: I I 1.6! 0 2j 8.81 61.9 I 1 Oi I 73.5: I 180.5 
SENEGAL i 98.5! 10.0• 108.5i 1.61 4.21 22.3: 107.0 i 2s ·s: 3 31 163.91 i 272.4 
SEYCHELLES I 6 21 6 2! 0.21 i 1.51 I I 0 0· 1.71 I 7.9 
SIERRA LEONE I 58.9' 4.9 63.71 I 0.4 I 7.5· I 1 9 I 9.8: 73,5 
SOMALIA 142,81 142.8: I 10 4 4.41 11.3! 5.2! 31.31 ! 174,1 
SAO TOME & PRINCIPE I 6 0 I 6.01 I 0 1, I 2.31 1 6' I 0 0! I 4.01 10.0 
SUDAN I 80,11 80.11 I 40,7' 20.7 21.7 i 63.9 I 0.6 ~ I 147.61 227,7 
SWAZILAND 20,11 4.9 25,01 0.7! I 1.3 7,0 I I i 0.2: I 9.3: 34,3 
TANZANIA I 163,21 163.2i I 0.11 13.7! 8.9' I 1,0, 23.7! 186.9 
TOGO I 47,7 6.2 54.01 I I 7.51 25 5 ( 15 71 0 8, I 49.61 103.6 
UGANDA 127,61 127.61 I 2.51 6,2 15.61 2.31 -26.6: I 154,2 
NIGERIA 60.81 150.0 210.91 15,01 11: 0.6 1 0! I 17,7' 228,5 
ZAMBIA 73.81 15,0 88.81 I I 0.5: 0,6 11.4, I 1.8 I i 14.4' I 103.1 
ZIMBABWE 46,81 30,0 76,81 I 10.5, I 1.31 0 9' I I t I 12,7; 89.5 
ZAIRE 135.31 7,1 142,5! I 1.3! 0 9· 2.1 i I 4.01. 8.3 150.8 
• TOTAL AFRICA 3320,31 >402,6 3723,0 I I 61,1 I 156,6 94,5 427,3! 1264,5. 128,3 62.3; I 2194,6 I 5917,5 
ANTIGUA-BARBUDA 3.41 1.01 4.41 I I I I 1.5' : L I 1,5 I 5.9 
BARBADOS I 3,01 2.01 5.01 I 1.11 041 I o.7T. I 2.2• 7.2 
BELIZE 5.0 3 Oi 8.01 I 0 1' I 1.81 0 9 i 2.1 i ! 5,0• I 13,0 
BAHAMAS 2.81 101 3 8! I 2.51 I i I 0 1' 2.7; i 6.5 
DOMINICA I 59! I 5 91 I ' I 38 1 21 00 I 5.0 10,9 
GRENADA 5.51 I 5.51 0.1: I 2.6 2.5' 00 I 5.31 10.8 
GUYANA I 21.81 I 21 8' I I 0.2 I 3.6· I 0 1 39 25.8 
JAMAICA ! 29 9' 10.0• 39.9' I 5.41 08 2.1: I i 3.2' I 11.5 I I 51,4 
ST CHRISTOPHER NEVIS I 3.1 I 3.1 i I 1.51 : I 1.5 4.6 
SAINT A LUCIA I 6.0: I 6.0! 0.9• I 2.01 I I 00 r 3.01 8.9 
SURINAME 15 6 i 1.81 17.4' I I 0.1' 3 01 I I 1 6 4.71 22.1 
SINT VINCENT & GRENADINE$ I 6.91 I 6.9 I I 0.6 0.1' I 2.6' I 00 I 3.2! 10,1 
TRINIDAD & TOBAGO I 9.0 I 6.0: 15.0 I ! 2.01 0.1: 3 0' I 6.7 I 11 7 I 26.7 
'TOTAL CARIBBEAN I 117,9! 24,8 i 142,7 12,6i 1,4 1,81 26,9 i 3,7 i I 14.5 I 61,11 ! 203,8 
FIJI 13,91 5.0' 18.9i I 2.11 0 3 I 1.21 0.31 I 0.2 i 4.1: 23.0 
KJRIBATI i 6.51 i 6 51 I I I I 2.5 i I 03 I 2.8 I 92 -PAPUA-NEW GUINEA I 20.4 i 13 5 i 33 9; I 4.61 I 0.6! 3.51 110.01 30.0 0 1 I 148.8 182,7 
SALOMON ISLANDS 13.3' 2.0 I 15 3i I I 0 4, I 2.01 313: 0 1 I 33.8 : 49,1 
TONGA : 6 5' I 6 5' I 0.2. I I 1.7; 4.3' 00 I 6.3 12.8 
TUVALU 2 0' I 2.0! I ! 0.51 0 1: I 0.6 I 2,6 
VANUATU I 6.71 6.7 I 0.5' 13.3: 0 1 20.0 I 26.7 
WESTERN SAMOA I 8.7' 8.7: I 0 2' ! 4 2 111, 0 1 I 15.6; 24.3 
'TOTAL PACIFIC I 77,91 20,5 98,4 I 7,0 i 1,5 0,6i 13,1. 178,9: 30,0- 1.0 I 232,0. I 330,4 
ALL COUNTRIES I I : 19.9 I I ! 0 ~! 20.1' I 20.1 
REGIONAL COOPERATION I 828.1 I 56.1' 884.2' I 1.0 55 51 I 13 8 I 70 4' 954.6 
FINANCIAL & ADMINIS. EXPENSES I 7,2. I 7.2' I I : i I I 00 6 0' 6.0: 13.2 
'TOTAL ACP 4351,5 504.0• 4855,51 81,7' 179,4 96,9, 522,9 1447,1' 158,3 91,9 6,0: 2584,1 I 7439,6 
MAYOTTE I 2.51 2.0 i 4.51 I I I 1.2 1.2 I 5.6 
NEW CALEDONIA I 5.51 2.31 7.81 I 0 1' 3.0 I I 1.0· 0: 4.3 12,1 
FRENCH POLYNESIA i 5.8: 1.8· 7 S1 0.3: I I 2.6 3 9 I 0: I 7 5 15.1 
ST PIERRE & MIQUELON ,. 2.0! 1 o: 3.0 I I i I 00 I 0.0 3.0 
FRENCH ANTARTIC TERRITORIES 0.31 0.31 I I I I : 0.3 
WALLIS & FUTUNA 2.3 1 Oi 3 3 i I I I I I 3.3 
'TOTAL FRENCH OCT 18,41 8,1 26,51 0,9• 0,1: I 6,71 3,91 1,0' 0.4 I 13,0' I 39,5 
ARUBA I 4.4 2 31 6 6! I 0 21 ! I 29 : I 0: ! 3.3 9.9 
NETHERLANDS ANTILES I 13.51 6.81 20 31 I 0.61 I 0.2 I 06 I 1.5' i 21.8 
'TOTAL DUTCH OCT I 17,91 9.0 26,9: 0,9 i I I 3,1! I I 0,8 I >4,8: I 31,7 
ANGUILLA 1.81 I 1.81 I I 1.51 I 1.5' i 3.3 
CAYMAN ISLANDS I I 1 5! 1.5' 0 Si I I 0.51 I 2.0 
FALKLAND ISLANDS 0 7' I 0,71 I : 0.1 i 04 I 0 5: I 1.2 
MONTSERRAT i 1.51 0 51 2.0, I 2.1: 0 1 I 2.21 I 4.2 
SAINTE HELENE I 1.41 1.4 I I I I I I 1.4 
TURKS & CAICOS I 1,7 1.7 I 0 5; I 0.51 I 2.2 
VIRGIN ISLANDS I 1.5 1.5 0.41 I 101 ! 1 4' 2.9 
' TOTAL BRITISH OCT I 7.11 3,51 10,6 I 0.91 I 5,2: 0,1 I 0.5 I 6,7, 17,3 
REGIONAL COOPERATION I 5.2 i 5.2! l I 5,2 
ALL COUNTRIES I I 0.4 I 0,41 0,4 
• TOTAL OCT I 48,6 20,8 89,2 2,6 O,S 15,0 I 4,01 1,0i 1,8 I 24,9 94,1 
• TOTAL ACP + OCT I >4400,11 524,51 4924,61 I 84 31 179 9 96.9 537 91 1451 11 159 31 93 7 8,01 2609 01 I 7533 6 
152 
YEAR 1997 I I 6th EDF BY INSTRUMENTAND BY STATE (MECU} 12,1Table4 
I I I T ) I 
DECISIONS I NIP I NON NIP I TOTAL 
Grant Spec1al Total Interest I Energency 1 Refugee I R1sk SYSMIN I Transfer Total I I 
State I loan Subs1diesi Aid Aid I Cap1tal I ex EDF 4 i State 
I I I ! I 
ANGOLA 0,2 0 2: i I i i 0,2 
BEN IN -0,3 i -0.3 I ! I -0 3 I -0,0 -0,3i -0,6 
BURKINA FASO -0,0; -0,0 I I I I I -0.0 
BOTSWANA ·2.5 -0.51 -3,0j -0.31 i ! 0.21 -0,21 -3.2 
BURUNDI -0,1 -0.1 I I I I -0.61 -0.6! -0,6 
CENTRAL AFRICA REPUBLIC 0.3 I 0,3 I f I 0,3 
CHAD .Q,O -0,0 I -0 01 i -0.01 -0.11 -0.1 
CAMEROON -0,0 -0,6 -0,6 I : i i 0.01 0.01 -0,6 
CONGO -0,0 -0,0 I : I -0.0 
CAPEVERDE I 0,0 I 0,0, I : ! ! I 0,0 
EQUATORIAL GUINEA i -0.21 I -0.21 I I ~ I i -0,31 -0,3j -0,5 
ETHIOPIA 0,0 I 0.01 I I I I I -0.0 -0 Oi -0.0 
GABON I 0.7! 0.71 : i I I 0,7 
GHANA I 0,0 0.01 I I I : I I 0,0 
GAMBIA I -0.9· i -0.9i I I i I -0,9 
GUINEA BISSAU 0.31 0.3! I ! ~ I 0,11 0,1 i 0,4 
GUINEA I 1,2 : 1.21 I ! I I i ! I 1.2 
IVORY COAST I 0,1 0,11 ! I I I I I 0,1 
KENYA I 8.3 I 8.31 I I -0.0 I -0,01 i 8,3 
LIBERIA I 4,1 I 4,1' I I ! I I I 4,1 
LESOTHO I -0.0 I -0,0 I i I -0.0! -0.0, -0,1 
MADAGASCAR I 9,3 9,3 I I I I I 9.3 
MALAWI -0,91 .0,9 I I I -0 0 I -o o; -0.01 -0,9 
MAURITIUS -0, 1' -0.1 I ! I I I I -0.0 -o.o; I -0.1 
MAURITANIA -0,4 I -0,4 i I i I I -0,4 
MALl -1,9 -1,91 : I i ; 0.31 0.31 -1,6 
MOZAMBIQUE ! 0,3 0,3 i -1.01 -0.3: I I -1,31 -1,1 
NIGER -0.3 -0,3 I I -0.0: I I -0,0 -0,01 -0,3 
RWANDA -3,0 I -3,0 I -0.0 I I -0,01 -3.0 
SENEGAL I -0.1' I -o.1 I -0,1 
SEYCHELLES .0.0 I -0.0 i I I I I I I -0,0 
SIERRA LEONE -0,21 l -0,21 I I I I I 0,21 0.21 -0,0 
SOMALIA 0.31 0,31 I I -0.81 i I I -0,0! -0.81 -0,5 
SUDAN -0,3 -0,3 I -0,11 I I -0,11 I .0,4 I 
SWAZILAND -0,0 -0,1 -0,11 I I ~ I -0,1 -0,11 -0.2 
TANZANIA -0,2 I -0,21 I l I I I -0,2 
TOGO -5,0 -5,01 I I I l 0 1; 0,11 -5,0 
UGANDA -0.2! I -0,21 I I I I I I -0.2 
NIGERIA ·2,3 -0.01 -2.3 ·0.21 I I -0,21 ·2.5 I 
ZAMBIA -3,21 I -3,21 I I -0 0 ! 0.1 0.01 -3,2 
ZIMBABWE -0,11 I -0,11 I I I I i I I -0,1 
ZAIRE -0.7 -0.91 -1,6, I I i I ! -1,6 
• TOT AL. AFRICA 2,0 -2,11 ~.11 ~.5! -2,0 i ~.s ~.3 i ~.31 -3,61 -3,7 
BARBADOS I 0,0 I O,Oj : O.Oi 0.01 0,1 
BELIZE 0,01 ! 0.01 I I I I 00 0.01 0,0 
GUYANA I 0,1 I 0,1 i I I ! i I 0,1 
JAMAICA 0,0 I O.Oi I I I I 0,0 
SINT VINCENT & GRENADINES 0,1 0,1 ! i I o.o: 0.01 0,1 
TRINIDAD & TOBAGO i 0,01 0.0 I i I -0,01 -O.Oi 00 
• TOTAL CARIBBEAN I 0,3 I 0,31 I i I ! 0,01 o,o: 0,4 
FIJI I 0,0 -O.Oj 0.0 I I I I I 0,0 I 
PAPUA-NEW GUINEA 0 11 I 0,11 I i j I 0,1 
TONG A 0 Oj 0.01 ! I I -0 Oi· -0.0! 0.0 
TUVALU i 0,01 I 0,0 I ! I i 0,0 
W•NUATU i 0.2 I 0,2 i I I 0,2 
>;-TOTAL PACIFIC 0,31 ~.o~ 0,3 ! I : ~.Oi ~.Oi 0,3 
ALL COUNTRIES ! I : I i -1.1 : I I I -1,11 I -1.1 
REGIONAL COOPERATION I 32.61 -8.8: 23,71 I I I -0.01 -0.0: I 23.7 
FINANCIAL & ADMINIS. EXPENSES I 3,5 ! 3.51 I i 
• i i I 3.5 
• TOTAL.ACP i 38,7 -11,0 I 27,7! I ~.5 -3,1' ~.s· ~.3 i ~.2: -4,81 i 23,0 
MAYOTTE I -0,3 I -0.31 I : I I i -0,3 
NEW CALEDONIA I I I i i 0.2' I 0.2: I 0.2 
FRENCH POLYNESIA 1.5i I 1.5, I i I I I I I 1.5 
ST PIERRE & MIQUELON I I I I I I I 0,01 O.Oi 0,0 
WALLIS & FUTUNA : -0.0! I -0.01 I I I I ; I I -0.0 
• TOTAL FRENCH OCT I 1,3 I I 1,3: I I I 0,2 0,01 0,21 I 1,5 
CA YMAN ISLANDS i I -0,01 -0.01 I I : : I I -0,0 
TURKS & CAICOS I -0.0 i -0.01 I I i I I I -0,0 
• TOTAL BRITISH OCT i ~.or ~.01 ~.01 I : ! I ~.o 
REGIONAL COOPERATION I -0.3 I -0,31 i r i I -0.3 
• TOTAL OCT 1,0 I ~.01 1,0 I I i I I 0,2: 0,0 0,21 1,2 
• TOT AL. ACP + OCT I 39,7 -11.0 I 28,7: -{),5; -3,1 i ~.5 ~.3 0,2 ~.2 -4,5 i 24,2 
I I I I I I I l 
I I I I I ! I I 
' I NOTE No comm1tments or decomm1tments for STABEX and SAF 1n 1997 I I 
153 
CUMULATIVE END 1YEAR 1997 6th EDF BY INSTRUMENT AND BY STATE MECU) 1 21 Table 5 
i I 
DELEGATED NIP NON NIP TOTAL 
APPROPRIATIONS Grant Speaal Total lntl!fest Energency Refugee Risk STAB EX SYSMIN l Transfl!f I SAF Total 
State Loan SltlSides Aid Aid Capital I ex EDF 4~ State 
I I 
ANGOLA I 88.9; 88.9 13.7 2.6 2.5 : I 18.8 107.7 
BENIN 85.3· 85,3 0.3 0.1 12.7 17.7 3 .•. 34,3 119,6 
BURKINA FASO 103.1 103.1 0.4 12.7 7.3 I 6.6 27.0 130,1 
BOTSWANA 19.7 5.5 25.2 2.6 0.4 0.4 4.0 217 0.2 29.2 54.4 
BURUNDI 83.9 9.9 93.8 I 0.2 0.4• 10.11 44.5• I 1.1 56.2 150,0 
CENTRAL AFRICA REPUBLIC 67.1 67,1 0.6 6.0 31.2 I 2.5 40.4 I 107,5 
CHAD I 84.9 84.9 1.2 1.8 3.7 40.4 : 1.6 .8.7 I 133.5 
CAMEROON 69.9 29,4 99.3 0.1 1,0 198.8 I 3 4, 203.3 I 302.6 
CONGO 29.2 10,0 39.2 11.5 I 03: 11,9 I 51.1 
COMOROS 20.3 20.3 2.0 9 6; -r 0.4' 12.0 I 32.3 
CAPEVERDE 23.7 23.7 3.0 : 0.31 3.3 I 27.0 
DJIBOUTI 14.7 14.7 0.2 1.1 0.91 i 0.11 2.3 f 17.0 
EQUATORIAL GUINEA 11,1 11.1 I 4.0 9.8 i 13.8 I 24,9 
ETHIOPIA 165.8 6.7 172.5 47.51 10.3 29.9 98.6 I 0.81 187,1 359,6 
GABON 16.6 7,3 23,9 0.11 3.1 I 0.3 3.5 27,4 
GHANA 94.1 94,1 3.2 22.9 i 0.0· 26.2 120,3 
GAMBIA I 19.7 19.7 0.21 5.71 13.7 I 0 2' 19.8 39.5 
GUINEA BISSAU l 36.1 36.1 0.1 I 3.4 2.9 0 3: 6.6 42.7 
GUINEA I 105.7 5,0 110.7 1.1' 2.3, 38.01 I 33 6 0.8' 75.8 186,5 
IVORY COAST I 58.81 21.3 80.0 11.8 09j 1,4! 0 11 365 3' ' 2.8: 382.3 •62.3 
KENYA I 92.0 10.0 10201 10.8 0 41 0.0 6.6' 70.91 I 0.31 I 89.1 191,2 
LIBERIA T 25.2 25.2! I 6.71 1.81 I 8.5 33,7 
LESOTHO I 30.8 9.8 40.71 I I ! 5.0 4.41 0.6 10.0 I 50.6 
MADAGASCAR I 89,8 11,6 101.41 I 0.3 I 30.41 4.51 ~ 1.2' 36.3 I 137.8 
MALAWI I 103.2 5.0 108.1 1.7 4.11 13 21 11.7 2171 08 53.1 161.3 
MAURITIUS I 20.0 9,7 29 7 i I 3.2! 01 I 5.81 3.01 : 0 21 12.2 I 42.0 
MAURITANIA I 60.4 60.41 i I 0.71 1.5 21.5 I 18 o: 0 7; 42.4 I 102,8 
MALl I 122.6 5,0 127.61 0.8j 14.8 20.3i I 2.5: 38,3 165.8 
MOZAMBIQUE I 139.6 139.6 16.31 13.3 10.9 21.51 I I 61.9 201,6 
NIGER 100,0 4.6 104.7 0.4 2.7 1<1 3 6.6 12. 1l 1.5' 37.7 1<12.3 
RWANDA I 91.7 10.0 101.7 1.6i 0.2 8.8 61.9 i 1.01 73.5 175.1 
SENEGAL I 98.4 10.0 108.3 1,6 4.2 22.3 107.0 14.3 2.51 151.9 260.2 
SEYCHELLES 6.2 6.2 0.2 1.5 I I 1.7 7.8 
SIERRA LEONE I 57,4 4,9 62.3 0.4 7.5 I 1.71 9.6 72,0 
SOMALIA 130.7 130.7 10,4 3.9 11.3 I I 5.21 I 30,8 161,5 
SAO TOME & PRINCIPE I 5.9 5.9 0,1 2.3 1.6, 0.0! <1,0 9,9 
SUDAN 69.4 69.4 40.7 20.0 21.7 63.9 l 06] 146.9 216,3 
SWAZILAND 19.7 4,9 24.6 0.7 I 1.3 7,0 i 0.21 9.3 33,9 
TANZANIA 161.3 161.3 0,1 13.71 8.9 I 1.0· 23.7 185,0 
TOGO 47.2 2.4 49.6 I 7.5 25.5 0,81 33.91 83.5 
UGANDA 126,1 126.1 2.5 5.9 15.6' I 2.2 I 26.31 152.3 
NIGERIA I 52.3 128.7 181,0 15.0 1.1 0.6 I 0.9 17.61 198.6 
ZAMBIA I 73.0 15.0 88.0 0,6 0.6 11,4 1,8 14.41 102,4 
ZIMBABWE 43,9 29.2 73,1 10.51 1,3 0.9 I .. I 12.7 85.9 
ZAIRE 111.6 7.1 118.81 1.3 0.9 2.1 I 1.71 6.01 124,8 
• TOTAL AFRICA 3077,0 363,0 3440,0 61,1 156,6 92,5 427,3 1264,51 99,7; 52.7i 2154,3 5594,3 
ANTIGUA-BARSUDA 3,4 1,0 4,4 1.5 j : ! 1.5 5.9 
BARBADOS I 2,5 0.3 2.8 I 1.1 0.4 I 0.61 2.1 4,9 
BELIZE 5.0 3,0 8.0 0.1 1.8 0.9 I I 2.11 5.0 13.0 
BAHAMAS 2.8 0,9 3.7 2.61 I 0.11 2.7 6.4 
DOMINICA 5.8 5.8 I 3.8 1.2: I 0 01 5.0 10.8 
GRENADA 5.51 5.5 I 01 2.6 2.5 ~ 0 o: I 5.31 10,7 
GUYANA I 21.71 21.7 0.2 3.61 I 0.11 I 3.91 I 25.6 
JAMAICA 29.71 10,0 39.7 5,4 0.8 2.1' I 3.21 I 11.5 I 51.2 
ST CHRISTOPHER NEVIS 3.11 3,1 1.51 I I 1.5 4,6 
SAINT A LUCIA 5.11 5.1 0,9 2.0 I 0.0 I 3.0 8,1 
SURINAME 15.3 0.5 15.81 0.1 3.0 1.3' I 4.4 20.2 
SINT VINCENT & GRENADINES 6.6 6.6 0.6 0.1 2.6 I i I 3.2 9.9 
TRINIDAD & TOBAGO i 6.5' 6.0 12.5 2.01 0.1 3.0 6.4 ~ 1 11,4 23.9 
• TOTAL CARIBBEAN T 112,91 21,8 134,71 12,6 1,4i 1,81 26,9 3.7 13,9 I 60,4 195,1 
FIJI I 13 11 4.9 18.01 2.11 0.3i 1 2 0 31 I 0.21 1 4,1 I 22.1 
KJRIBATI 6.41 6.41 I I I 2.51 0.3i I 2.81 9.2 
PAPUA-NEW GUINEA I 20.31 13.5 33.81 4.6i I 0.6 3.51 110.01 25.3 0.11 144.11 177.9 
SALOMON ISLANDS 13.21 1.8 15.0' I 0.4 2 01 31.3 0.1 I 33 8 I 48.9 
TONGA I 5.61 56! I 0 21 I 171 4.3 I O.Oi 6.3 11.8 
TUVALU 1.71 I 1.7 i I I I 0.5 0.11 i 0.6i I 2.3 
VANUATU i 6.31 I 6.3: I 0.51 I I 19 31 0.1 20.0! ! 26.2 
WESTERN SAMOA 8 71 I 8 7! I I 0 21 ! 4.2' 111: 0.1 15.6' ~ 24.3 
• TOTAL PACIFIC 75,2 I 20,2: 95,41 I 7.o: 1,5' 0,6: 13,1: 178.9 i 25.3 1,0' 227.2 I 322.7 
ALL COUNTRIES I I I 19.9 I I I 02 20.11 I 20.1 
REGIONAL COOPERATION I 750.0 i 49,7 799.71 I 1.01 I I 55.5 I I 13.3' I 69.8 I 869.5 
FINANCIAL & AOMINIS. EXP:NSES I 7.0 I I 7 01 I I I I : 0.0' 6 01 6.0 13.0 
"TOTAL ACP 4022,11 454,7 4476,8: I 81,71 179,4 94,91 522,9: 1447,1' 124.9 81,1 i 6,0: 2537,91 I 7014,7 
MAYOTTE 2.51 2.0 4.5 i I I I ! 1 21 I I I 121 I 5.6 
NEW CALEDONIA 5.51 2,3, 7 81 : I 0.11 I 3.0 0.8 0.21 I 4,11 11.9 
FRENCH POLYNESIA 4.31 1 81 6.1' I 0.9: I I 2.61 3 91 0.2' I 7.51 I 13,6 
ST PIERRE & MIQUELON 2.01 1,0 3.01 I I I 0 0! I O.Oi I 3.0 
FRENCH ANTARTIC TERRITORIES 0 31 0.31 ! I I I I I I I 0.3 
WALLIS & FUTUNA 231 0.91 3.2' I I I I I I I I I 3.2 
" TOTAL FRENCH OCT 16,91 8,01 24,9 I 0,91 0,1 i I 6,7 3.91 0,8 0,41 I 12,81 I 37,7 
ARUBA 4.11 1.61 5.8i I 0.2 I 2.91 0 2: I 3.31 I 9.1 
NETHERLANDS AN TILES 12.61 2.11 14.7 I 0.6' I 0.21 I I 0 6. I 1,5, I 16.2 
"TOTAL DUTCH OCT 16,81 3,7 i 20,4: I 0,8 i 3,11 I 0,8 i I 4,81 l 25.2 
ANGUILLA u 1.7: I I 1.51 I i I 1.5 ~ I 3.2 
CAYMAN ISLANDS I , 5 1.51 I 0.51 I I 1 I 0.51 I 2.0 
FALKLAND ISLANDS 0 7: 0.71 I ! I I I 0.11 0 41 I 0.51 I 1.2 
MONTSERRAT ' 1.5! 0.5: 2.01 I I l 2., I I 0.11 I 2.21 I 4,2 
SAINTE HELENE I 1.41 I 1.4: I I -r I I I ! I 1.4 
TURKS & CAICOS I 1 6! I 1 6 I I 0.51 I I I I 0.51 I 2.2 
VIRGIN ISLANDS 1.5 1.51 I 0.4: ! 1.0' I I I 1,4T I 2.9 
• TOTAL BRITISH OCT I 6,9' 3,5 10,41 ! 0,9! I 5,21 0,1T ' 0,5, I 6,71 I 17,1 
REGIONAL COOPERATION 4.51 4.5 I I I I I i I I I I 4.5 
ALL COUNTRIES : I i I I 0.4: I I 1 0.41 I 0.4 
• TOTAL OCT I 45,11 15,21 80,31 I 2.8! 0,51 I 1s,o I 4,01 0,8 1,81 I 24,71 I 85,0 
·TOTAL ACP + OCT 4067 2: 469.91 4537,11 I 84.3! 179 91 94 91 537 91 1451 11 125,7 82.8' 6.0 I 2562 6 I I 7099.7 
154 
!YEAR 1997 16th EDF BY INSTRUMENTAND BY STATE fMECU) 1 2 1 Table 6 
I I i I 
DELEGATED NIP NON NIP TOTAL 
APPROPRIATIONS Grant Special Total Interest Energency Refugee Risk SYSMIN Transfer 1 Total 
State I Loan Substdiesl Aid Aid Capital ex EDF 41 State 
I I 
ANGOLA I 2.21 2.2 I I I I 
BENIN -1,3 -1.3 -03 i -0.01 -0 41 -1,7 
BURKINA FASO I 9,2 9,2 l 2.8· 2.8 12,0 
BOTSWANA I -0.1 3,6 3,6 -0.31 : -0 3 3,2 
BURUNDI -1.9 -1.9 i I I -0 o, -0.01 ·1.9 
CENTRAL AFRICA REPUBLIC 1,4 1.4 I 1.8 ~ 1.81 3.2 
CHAD I 1,8 1.8 0.11 0.1 1,8 
CAMEROON 1,0 1,01 i i 0,0 0,0 i 1,0 
CONGO I -0.0 ·0.0 0.3 0.31 0.3 
COMOROS -0.0 ·0,0 I -0.0: -0,0 -0,0 
CAPE VERDE -0,5 -0.5 I I .o.o .Q 0 i ·0.5 
DJIBOUTI -0,11 ·0,1 I : I I -0.1 
EQUATORIAL GUINEA 0,9 0,91 ! I ·0.3 -0 31 0.7 
ETHIOPIA 6.0 -0.6 5,4 I I i 00 0 o: I 54 
GABON 0,1 0,1 I I I I I 0,1 
GHANA 1,9 1,9 I ! I I I 0.0 0 01 1,9 
GAMBIA 0.2 0.2 I I I I I -0.0 -0.0' I 0,2 
GUINEA BISSAU 0,4 04! I I I i 0 1' 01' l 0.5 
GUINEA 0.9 0,9 I I I I 2 a; 0.1 2.9i I 3,8 
IVORY COAST I 04 0.1 0,51 I ! I I I I I 0.5 
KENYA i 0.31 I 0.31 I I i i ! 0,3 
LIBERIA 4.4 I 4.41 I -0 3: I : -0 31 I 4.1 
LESOTHO I -0,0 -0.0 i I I -0.0 -0.01 -0,0 
MADAGASCAR I 9.51 1,4 10,9 I I l I I 0,51 0.5 I 11.4 
MALAWI I 10.4 10,4 i I I I I 0.3: 0,3 10,7 
MAURITIUS 1,4 -0,1 1,3 ; I I 0,11 01 i 1,4 
MAURITANIA I 0,1 0.1 I I 1,3: I 1,31 1,3 
MALl 0.6 0.6 I I I I : 0.6 
MOZAMBIQUE 2,6 2,6 I I I i 2.6 
NIGER 2.0 2.0 I 0,01 ·0.01 -0.0 1,9 
RWANDA -0,7 -0,7 -0.0 I I I -0.0 -0.7 
SENEGAL I 0,0 0.0 -0.11 3.81 i 3,6 3.6 
SEYCHELLES 0,0 0,0 I I ! 0,0 
SIERRA LEONE -0,0 -0,0 I I 0.11 0.11 0,1 
SOMALIA 19.4 19,4 -0,01 I I i -0.01 .o 01 19,4 
SAO TOME & PRINCIPE 0.0 0,0 I I i I 0,0 I 
SUDAN -0,4 -0,4 I -0.11 -0.41 I ! I -0,5 ·0,8 
SWAZILAND I 0,5 0.5 I I ·0.0! -0,0 0,5 
TANZANIA -0.1 I -0.1 I 0,11 0.1 -0.0 
TOGO ·1.1 ·1,1 I i 0,1 i 0,1 I ·1,0 
UGANDA 0,31 0,3 I I I 0.0' 0.01 0,3 
NIGERIA -1.91 ·2.9 -4,8 -0.21 I I : -0.0· -0.21 I ·5,0 
ZAMBIA -1,0 -1,0 I I I -0 01 I 0.1 i 0,01 -0,9 
ZIMBABWE j 0.61 1,3 1,9 I I I : I I I 1,9 
ZAIRE I ·1.7 -0,91 ·2.61 I i I ! 0.0 0.0 I ·2.5 
• TOTAL AFRICA 67,6 2,01 69,61 -0,51 -0,1 -0.81 -<l,31 7,8. 6,0 12,01 81,6 
BARBADOS I I I I : ·0.0' -O.Oi -0.0 
BELIZE 0.3 0,3 I I I I o.o. 0.01 I 0,3 
BAHAMAS 0.3 0.1 0,4 I I I I I 0,4 
DOMINICA I -0.1 -0,1 : I I l : I I -0.1 
GRENADA I -0.01 I -0,0 I I I I I 0.0 0 o: I 0.0 
GUYANA I 0.11 0.1 l I I I I I 0.1 
JAMAICA i 0,1 0.1 i I I ! I I I I 0.1 
SURINAME : -0,1 i 0,1 -0.0 I I I I -00 -0 01 ! -0.0 
TRINIDAD & TOBAGO 0.21 6,0! 6.21 I I I 0 1' 0.1 i I 6.3 
• TOTAL CARIBBEAN 0,61 6,21 6,81 l 0,1 0,1' 6,9 
FIJI i 1.41 -0,1 1,31 I I 1 3 
KIRIBATl -0.01 ! -0 01 I ! I : I ! -00 
PAPUA-NEW GUINE.~ I 0.1! 3.01 3.1 i : I , ~ 8 11 31 I 14,9 
SALOMON ISLANDS i 0.11 -0.2 -0 11 I I ; I ! -0.1 
TONG A 0.01 
i 0.01 I I .Q 0 -0 0 0.0 
TUVALU o.o: I 0 O! I I I 0.0 
VANUATU -011 I -0.11 I ! .Q 1 
• TOTAL PACIFIC I 1.5: 2,81 4,3, I : I 11,8 -0.0 11,81 16,1 
ALL COUNTRIES I I ! ! -0.1 I ! -01: I -0, 
REGIONAL COOPERA TlON ; 2.91 -541 -2.5: I : I 2.0 2,0; I -0 5 
FINANCIAL & ADMINIS. EXPENSES I 3.51 ; 3.5: i I i ! I ! I 3.5 
• TOTAL ACP 76.1 I 5,61 81,71 I -<l.5 i -0,31 -0,81 .{),31 19,6 ~ 8.1 25,81 I 107,6 
MAYOTTE 0,01 0.0 I ' i I I 0.0 
FRENCH POLYNESIA 0.41 I 0.4' I I I i I I 0.4 
ST PIERRE & MIQUELON : I I ! I I I cc 0 0! 0.0 
WALLIS & FUTUNA ! .Q 01 -0 1 i -0,1 i I i I -0 1 
• TOTAL FRENCH OCT 0.41 -0.11 0,3: ! I i : 0,0 o.o. I 0,4 
ARUBA -0 01 0.0 -0,0! I I I I I ! -0.0 
NETHERLANDS ANTlL::S : 0.21 i 0,21 I I 05 0 ~' 0· 0.8 
• TOTAL DUTCH OCT 0.1: O.Oi 0,21 I I I 0.5 0,6: I 0,8 
ANGUILLA .Q 1 i -0., I : i -01 
CAYMANISLANOS -0.0• -0 0' I : i -0,0 
MONTSERRAT -0.0: I .o.o: ! ! I : : -0.0 
TURKS & CAICOS -0 01 -0 Oi : I i i -0.0 
• TOTAL BRITISH OCT -0.1' -0,0: -<l,1; I I I I -0,1 
REG~NALCOOPERATlON 0.5' I 0,51 I I I I : 0.5 
• TOTAL OCT 1,0! -0,11 0,91 ! I i I I 0.7· 0,71 I 1,6 
• TOTAL ACP + OCT I 77.01 5,6 i 82,61 I -0,5; -0,31 -0,8 -0,31 19,6: 8.8 26,5 i I 109,1 
I I ! I ! I 
I I I I I I 
NOTE No delegated aooroonat1ons for STABEX and SAF IN 1997 I I 
155 
CUMULATIVE END !YEAR 1997 6th EOF BY INSTRUMENTANO BY STATE {MECU) i I 2 1 Table 7 
i I I 
PAYMENTS I NIP NON NIP TOTAL 
I Grant Speoal Total Interest Energl!f'CY Ref~ee RISk J STABEX SYSMIN Transfer 1 SAF I Total 
State I Loan St.C:isidies Aid Aid Captlal I ex EDF 4· I State 
l I 
ANGOLA 85.6 85,6 13.7 2.6 2.51 I 18.8 104.4 
BENIN 84.4 84.4 0.3 0.1 12.7l 17.7 30 33.9 118,3 
BURKJNA FASO 96.31 96.3 0.4 7 3; 7.3 6.2 21.3 117,5 
BOTSWANA 18.6 3.9 22.5 2.6 04: 0.41 4 0! 21.7: 0 2: i 29.2 51.7 
BURUNDI 83.5 9.9 93.41 0.21 0.4i 10.11 44.51 I 1,1: I 56.2 149.6 
CENTRAL AFRICA REPUBLIC I 64 31 64.9 0.6: 4 a, 312: I 1.1. I 37.7 102.6 
CHAD 81.6 81.6 1.2 1.8 351 40 4 i 1.5. I 48.4 130,1 
CAMEROON 67.01 29.4 96.41 0.1J 1.0] 198.81 3.3. I 203.2 299,6 
CONGO 27.8 7.7 35.51 1 1.5. I I 11.5 47,1 
COMOROS 20.2 20.21 2.01 96 I 0 4' I 12.0 32.2 
CAPEVERDE 23.5 23.51 I 3.0' 0.3 I 3.3 26,8 
OJIBOUTI 13.4 13.41 0.21 1.1 0.9 ~ 0.1 L 2.3 15.7 
EQUATORIAL GUINEA 8.5 I 8.51 I 4.0· 981 I I 13.8i 22.3 
ETHIOPIA 152.2 6.6 158.8 47.51 10.31 25.11 98.6' 0.8. 182.3 341,0 
GABON 16.1' 7.3 23.4 0.1 I 3.1 0.3 3.5 26.9 
GHANA 68.1 68.1 3.2 22.01 i 0.0. 25.2 93.3 
GAMBIA 19.31 19.3 0.21 5.7: 13.7' I 02 19.8 39.1 
GUINEA BISSAU 33.41 33.41 I 0.1: 3.4. 2.91 0.1 6.4 39.8 
GUINEA 103.0 4.8 107.8i I 1.1i 2.3: 25 0; I 26.31 0.7 55.31 163.1 
IVORY COAST 57.5 20.9 78.51 I 11.8 0 9: 1.41 0.1 i 365 3! ! 2.7: 382,1 460.6 
KENYA 8801 10.01 98.01 10.8 0.41 0.0 6.6: 70 9' I 01 I 88,9 186.9 
LIBERIA 20.5 I 20.5 6.7 I 1.8 I I : I 8.5 29.0 
LESOTHO 30.2 9.81 40 0 5 01 4.4' : 0.6• I 10.0 49.9 
MADAGASCAR 74.8 1121 86.0i 0.3. 30.41 4.51 I 0.5 I 35.7 121.7 
MALAWI 101.0 5.01 106.01 1.7 4.1: 13.2 11.71 21.71 I 0.4i 52,8 158,8 
MAURITIUS 18.81 9.7! 28.51 3.2 0.1r I 5.81 3.01 I 0,21 l 12.2 40.7 
MAURITANIA I I 57,1 57.11 07i 1.5 21.5: 16,3' 0.7 I 41.4 98.4 
MALl I 121.5 5.0 126.51 I 0.8 14 8t 20 3: i 2.5: 38.3 164.7 
MOZAMBIQUE 137,1 137.1' 16.31 13.3 10 9i 21.51 : 61,9 199,0 
NIGER 94,5 4.6 99.1 0.41 2.7 14.3• 6.6 12.11 1.51 I 37,7 136.7 
RWANDA 81,9 81.9 1.6: 0.2 7.2! 61.9: I 70,9 152,8 
SENEGAL 94,81 9.7 104.5 1,6 4.2 22.31 107.01 8.7 2.5· I 146,3 250.8 
SEYCHELLES 6.1 6,1 0.2 1.5i l l I I 1.7 7,8 
SIERRA LEONE 57.2 4.9 62.1 0.41 7.51 ! 1.6· 9.5 71.6 
SOMALIA I 107.3 107,3 10.51 3.8 11.3· I 3.61 29.2 ... 136.5 
SAO TOME & PRINCIPE 5,8 5.8 0.1 I 2.31 1,6\ 0.0 1 4.0 9.8 
SUDAN 68,4 68.4 40.7 19.9 21.71 63.9L 0.5• 146,7 215.2 
SWAZILAND I 18.8 4.7 23,5 0.1 1.3 7.01 I' ~ 0.2: .-\ 9.3 32.8 
TANZANIA I 160,2 160.2 0.11 13.41 8.91 1.01 23,4 1837 
TOGO 46.7 2.4 49.1 I 7.51 25.51 0.71 33,8 83.0 
UGANDA 125.3 125.31 2.5· 5.9 15 61 2.2. 26] "'151,6 
NIGERIA 49.3 127.7 177.0 15.01 1.11 0.61 0.9 17,6 194,7 
ZAMBIA 72,5 15.0 87.5 I 0.6 0.6 11.41 1.71 14,2 101.7 
ZIMBABWE 40.2 28.5 68.7 10.51 I 1.3 0.9, I 12.7 81.4 
ZAIRE 98,2 7,1 105.4 1.31 0.9 2.1 I I I 1.1 I· 5.4 110,8 
• TOTAL AFRICA 2901,3 345,7 3247,0 61,1 156,61 92,4 399,9' 1264,5· 85,7 I 44,5. I 2104,8 5351,8 
ANTIGUA-BARBUOA 2.8 1,0 3.8 I 1.5! I l l 1,5 5.3 
BARBADOS 2,3 0,3 2.7 1.1 I 04i I i 0.61 i 2.1 4.8 
BELIZE 4.9 3.0 7.9, 0.1' I 1.8 0 g· I I 2.11 I 5,0 12.8 
BAHAMAS 2.6 0.7 3 31 2.6 I I : i 0.1 i I 2.7 5.9 
DOMINICA 5.7 5.7 I 38 12· I 0.0. I 5.0 10,8 
GRENADA I 5.41 I 54. 0.1 2 6i 2.51 : 0,0' 5.3 10.7 
GUYANA l 21.4 : 21.4 0 2' 3 6t I 0.1' 3,9 25.3 
JAMAICA I 28.0 7.1 35,1 5.4 0.8: 2,1 I i 3.2. 11,4 46.5 
ST CHRISTOPHER NEVIS I 3.1 3.1 I 1.5: I I I 1 5 4,6 
SAINTALUCIA ! 5.1 5.1 0.9 I 2.0! I 0,0: 3.0 8,1 
SURINAME ! 15.3 0.5 15,8 0.11 3.0: I 0,8. 3.9 19.7 
SINT VINCENT & GRENAOINES I 6.6 6.6 0.6 0 1 I 2.5: I 3.2 9.8 
TRINIDAD & TOBAGO ! 5.9 5,9 2.0 0 1 I 3.0: I 5,9: 10,9 16,8 
• TOTAL CARIBBEAN 109,1 12,7 121,8 12,6 1,41 1,8 26,9! 3.11 12,8 59,31 181,1 
FIJI 11,4 4,9 16.3 2.1 0,31 1.21 03 0.2· 4.1 20,4 
KJRIBATI 6.1 6,1 I 2.5 03 2.8 8.9 
PAPUA-NEW GUINEA 20.11 10.5r 30.5 I 4.6 I 0.61 3 Si 110 01 133: 0.1' I 132.1 162.6 
SALOMON ISLANDS 12.9 1.61 14.5 0 4: 2.01 31.31 0.1: I 33.8 48.3 
TONGA I 5.0 ! 5.01 0.2 I 1.7! 4.31 I 0.0 i 6.3 11.2 
TUVALU 1.5 I 1.51 I 0.5: 0.11 I I 0.6 2.2 
VANUATU 6,11 I 6,1 0.51 19,3 I 0.1 I 20 Oi 26.0 
WESTERN SAMOA I 87; 8.7 I 0 21 4.2 1111 i 0.1 15,6 i 24.3 
• TOTAL PACIFIC I 71,7 17,01 88,7/ I 7,0 1,5' 0,6i 13,11 178,9i 1J,J I 1,0 215,2, 303,9 
ALL COUNTRIES I I , I 19 9' l I 0.2 20.11 20.1 
REGIONAL COOPERATION I 718 31 43.41 761,7 1.0 i I 55.5' ! i 10.3' 66.91 828.5 
FINANCIAL & AOMINIS. EXPENSES I 6.01 I 6.0 I : I I o a· 5.4: 5.41 11,5 
• TOTAL ACP I 3806,4 418,81 4225,2 81,7 179,4 94,81 495,5· 1441,1 99,0• 68,8 5,41 2471,71 6696,9 
MAYOTTE I 2.5 201 4.5 I I 1 2r I I I 1.21 5.6 
NEW CALEDONIA I 5.5 2.3 7.81 0.1 I 3.0· I 0.81 02 I 4,11 11,9 
FRENCH POLYNESIA I 3.7 1.81 5.51 0,91 I 2.61 3.9 ! 0.2 I 7,5 13.0 
ST PIERRE & MIQUELON 1 2.o: 101 3 01 I I I I 3.0 
FRENCH ANTARTIC TERRITORIES i 0.3 0.3 I I I 0.3 
WALLIS & FUTUNA i 2.3 0.9 3.2 I _[ I 3.2 
• TOTAL FRENCH OCT I 16,3 8,01 24,3 0,9 0,11 6,7: 3,9 0,8: 0,3 I 12,1 31,0 
ARUBA 1 4.1 1.6 5.7 0.2 i 2.9 0.2 3,3 9.0 
NETHERLANDS AN TILES 11.3 1.91 13.2 0.6 I 0.21 I I I 0,9 14,0 
• TOTAL DUTCH OCT 15,4 3,51 18,9' 0,8 I 3,11 I 0,2' I 4,1 23,1 
ANGUILLA 1.7 1,7 I 1.5! I I I 1,5 3.2 
CAYMAN ISLANDS 1.5 1,5 0.5 I I I I 0.5 2.0 
FALKJLAND ISLANDS 0.7 0,7 I I 0.11 I 0.4 0.5 1,1 
MONTSERRAT 1.5. 0.5 2.0 I 2. 1i 0,1 2.2 4.2 
SAINTE HELENE 1.4 1.41 I I I I 1,4 
TURKS & CAICOS 1.6 1,6 I 0.21 I 0.2 1.8 
VIRGIN ISLANDS 1,5 1,5 0,4 101 I 1,4 2.9 
• TOTAL BRITISH OCT 8,9 3,51 10,4 0,9 I 4,8· 0,1 0,5 8,3 115,7 
REGIONAL ~OOPERA TION 3.6 _l 3.6 3.6 
ALL COUNTRIES 0.4' i 0.4 0.4 
• TOTAL OCT 42.1 15,01 57,2 2,8 0,51 14,15 4,01 0,8 1,1 23,15 80,8 
• TOTAL ACP • OCT 3848 8 433 8. 4282 4 843 1800 948 510 t: 145111 99 81 89 91 541 2495 3 157ns 
156 . 
YEAR 1997 I 16th EDF BY INSTRUMENTAND BY STATE (MECU) I 2 1 Table 8 
I I I I I I 
PAYMENTS NIP NON NIP !TOTAL 
Grant Special Total Interest Energency Risk I SYSMIN I Transfer SAF l Total 
State I Loan I Subs1d1es Aid Cap1tal I I ex EDF 4 I State 
I I I I 
ANGOLA I 2.6 2.6 I I I I I 2.5 
BEN IN i 0.21 i 0.2 I l I 1; I 1.91 2.1 
BURKINA FASO 6,3• 6,3 I 0.6! I 24 I 301 I 9.3 
!OTSWANA 0.51 2.1 2.61 I I 00 I 0.0 I 2.6 
BURUNDI -0.01 -0.01 ! I I 00 I 00 .0,0 
CENTRAL AFRICA REPUBLIC 0.6 0,6 I 0.21 I 0 4 i 0,61 1.2 
CHAD 3,5 ! 3.5i I I 05 I 0.51 4.0 
CAMEROON 2,8 I 2.8 I I 00 I 0.01 2.9 
CONGO 1.31 1.3! I I I I l 1.3 
COMOROS I 0.2! 0.21 I I 00 I 0 Oi 02 
CAPEVERDE i 0,11 0.1! I I 0 1 I 0.1 0.2 
OJIBOUTI I 0.01 O.Oj I I i I 00 I 0.01 0,0 
EQUATORIAL GUINEA I 1.3 1,31 I I I I I 1.3 
ETHIOPIA 8.81 0.01 8.81 I 0.5! I 0 1 0.6: 9.3 
GABON I 0.21 0.11 0,3! I ! ! I 0.3 I 
GHANA ·8.51 8.5! I i .o 01 ! 00 i .o 0 85 
GAMBIA I 0.21 I 0.2! i I ! I I i 0.2 
GUINEA BISSAU 2.9i I 2.9i I I ! I .Q .J -0.0: I 2.9 
GUINEA I 0 71 0,51 121 I 3.0i 0 Oi 0 2 3.21 I 4,4 
IVORY COAST I 0.7; 0.1! 0.91 I i ! i I 09 
KENYA I 0.31 0.3i ! I 0, 0,1 ! 0.4 
LIBERIA I 7.7 I 7.7 ! I I I I I 7.7 
LESOTHO 0,3 0.31 I I 0.5 ~ I 00 ; 0.5. 08 
MADAGASCAR 3.81 0,91 4,71 I I : 05 : 0.5i 5.2 
MALAWI 11,1 11,11 I I : I 0 3 ! 0.31 I 11,4 
MAURITIUS 1.7 0.01 1,7 I I I i i I 1 7 
MAURITANIA 0.6i 0,6 I I I 1,4; 02 I 1.61 : 2.2 I 
MALl 2.0 2.01 I I oc I 0 01 ! 2.1 
MOZAMBIQUE 6.6! I 6.61 ! 0.2' I i 0.21 I 6.8 
NIGER 1,8 1,8 I i I I I 1,8 
RWANDA 0,3 0.31 I I I I I 0,3 
SENEGAL 1,61 1.6 I 2.51 2.5 I 4.1 
SEYCHELLES 0.01 0,0 I I I I I 0.0 
SIERRA LEONE I 2,2 2,2 I ! 0, 0.11 I 2.3 
SOMALIA ! 11,6 11,61 I I 11 111 I 12.7 
SAO TOME & PRINCIPE 0,0 0.01 I I I ! I 0,0 
SUDAN ! 0,01 0 O! I : ! : i j 0.0 
SWAZILAND I 0,7 0,0 0.7 I I l I 0.7 
TANZANIA I 0.5 0.5 I ! I 01 ! 0.11 I 0,6 
TOGO 0,4 ·0.0! 0,41 : I 00 I 0.01 i 0.4 
UGANDA 0.5 0.5 I I I QC ! 0,01 i 0.5 
NIGERIA ! 0.71 0.6! 1,3 ! -0.2! : : ,,,., I 0."'' I 1.1 
ZAMBIA I 0.8 I 0.81 I I I 01 I 0.1! I 0.9 
ZIMBABWE 2.0 2.8 ~ 4 81 i ; I I I 4,8 
ZAIRE ! 5.5: 5.5: I I 02 ! 0.2 ~ 5.7 
• TOTAL AFRICA I 104,3 7,21 111,5! ~.21 4,9• 3,91 8,4 I 17,0• I 128,5 I 
ANnGUA-BARBUOA I I I I ! I i 0.8: I 0.8i I 08 
BARBADOS i 0.0! I 0.01 ! I 00 I o o• 0.1 
BELIZE I 0.2. I 0 2! I I I ! I I 0.2 
DOMINICA I 0.01 I 0,01 I i I I ! I I I 0.0 
GRENADA 0.01 I 0.0! I I I 0() 0.01 I 0.0 
GUYANA I 0.3' ! 0.31 : I CJ 0 Oi 0.3 
JAMAICA 1,0i I 1.01 I I I I i -0 J .Q 0 : 1,0 
SURINAME 0,01 0,21 0 2i I I I 02 
TRINIDAD & TOBAGO 0 Ql o.o: I i 0.0 c, 0.11 I 0.2 
• TOTAL CARIBBEAN 1,6 0,2' 1,8 I i 0,8 0.1 1,0i 2.8 
FIJI I 1 2 1,9 3.11 I I I a:: 0.2' 3.2 
KIRIBAn 0 o. I 0,0! I ! : I ! I 0.0 
PAPUA-NEW GUINEA I ay I 0,11 I I o o· 0 Ql I 0.1 
SALOMON ISLANDS 0.2 0.11 0.31 I I I i i 03 
TONG A 0.3 l 0.3: : CG 0 Oi 0.3 
TUVALU 0.0 I o.o: I I I : 00 
VANUATU ! 02 I 0.2 ! I I : 0.2 
WESTERN SAMOA I 0.01 i 0 0: I ! ! i ! 00 
• TOTAL PACIFIC I 2.0 2,01 4,01 I I 0.0· 0.2 0.21 4.2 
ALL COUNTRIES I I I : I i 0,1; ~ 0 1' 0.1 
REGIONAL COOPERATION I 26.4! 13' 27.7' I I 2.31 i 1 i3 4,11 I 31 7 
FINANCIAL & AOMINIS. EXPENSES I 3.7' 3.7 I I I 00 0 Oi 3.7 
• TOTAL ACP 137,9' 10,7 148,6' I ~.2' 0,1: 8,0 3.9: 10.5 0,0 22.31 171,0 
MAYO TIE i 0.1: I 0.1' : i 0.1 
NEW CALEDONIA I I ' I I ! 00 0.0: I 00 
FRENCH POLYNESIA 09 0.9 I I I I 00 O.Oi 0.9 
FRENCH ANTARnC TERRITORIES I 0.1 0.1: I I : 0.1 
WALLIS & FUTUNA 00 0 1' 0.11 I l l I I I I 0.1 
• TOTAL FRENCH OCT I 1,1 0,1. 1,21 I I ! I I 0.0 I 0,01 I 1.2 
ARUBA I 0 1 0.51 0.61 ! i : 02 0.21 I 0.8 
NETHERLANDS ANTILES : 0.6 ! 0,61 i I I 06 
• TOTAL DUTCH OCT i 0,7' 0,5' 1,2 I : 0.2 0.2' I 1.4 
VIRGIN ISLANDS I I 0.2' 0.21 I I l I I ! 0.2 
• TOTAL BRITISH OCT ; I 0,21 0,2i I I I i I 0.2 
REGIONAL COOPERATION : 0.1: I 0.1' I I I 
' I 0.1 
• TOTAL OCT I 1,9i 0,81 2,61 I I I 0.2 0,2: I 2.9 
• TOTAL ACP + OCT 139,8! 11,5! 151,31 ~.2• 0,11 8,0 3,91 10.7 0,0• 22.61 I 173.8 
I I i I I i i I 
I I ! ! i 
•NOTE No oavments tor Retuoee A and ST ABEX m 1997 I I I 
157 
2.2 7th EDF 
Notes to the management accounts: 
(a) In tables 1 to 8, the figure "0.0" indicates that the corresponding amount is 
between ECU -50 000 and ECU 50 000. 
Where no figure is given, the amount is equal to zero. 
(b) In all tables the heading "All countries" refers to projects which cover a 
number of countries but are not financed by regional cooperation. 
(c) In all tables the heading "Financial and administrative expenses" represents 
projects financed by EDF interest which have been transferred to a financial 
instrument (grants, Structural Adjustment Facility). 
(d), In the ·first column of tables 1 and 2, the allocation for "Regional 
Cooperation" (ECU 1 186.9 million) corresponds to the following two items: 
-the Commission's regional cooperation target (ACP States only) of ECU 
1 125 million (see Chapter II, point 2.2.) plus the target overrun (i.e. ECU 
61.9 million); 
the temporary increase in the regional allocation ~o finance the CDI 
budgets and the Joint Assembly (an advance of ECU 34.4 million to the 
8th EDF). 
(e) In tables 1 and 2, the heading "Reserve" (ECU 48.4 million) covers three 
separate items: 
-a figure of ECU 34.8 million which has been blocked and is earmarked 
for financing the 8th EDF (originally ECU 111 million, this corresponds to 
the National Indicative Programme for Somalia, which has not ratified the 
fourth Lome Convention, it was temporarily reduced by a transfer to 
Stabex to finance Stabex 1995 transfers; 
-ECU 13.6 million representing unallocated grants and therefore now 
available. 
(f) Sudan's NIP (ECU 142 million), which has not been used as a result of the 
suspension of cooperation with the country, will go to\vards 8th EDF 
financing. 
(g) "Decisions" for grants/NIP (annual and aggregate totals) includes an advance 
of ECU 33.8 million to the 8th EDF to finance the COl's budgets. Under 
"payments", the advance amounts to ECU 21.2 million. 
"Decisions" for Stabex (annual and aggregate totals) includes an advance of 
ECU 76.2 million to the 8th EDF to finance Stabex transfers for the 1995 
application year. Under "payments", the advance amounts to ECU 72.9 
million. 
158 
I 
CUMULATIVE END YEAR 1997 7th EDF RESULT BY STATE fMECUl ! 2 2 Table 1 
I I I 
NATIONAL INDICATIVE PROGRAMMES (MECU) NON NIP TOTAL 
NIP Dec1s1ons Delegat, Payments Dec1s1ons Payments Dec. Delegat, Payments 
State I 
MECU MECU %NIP Appropna MECU %NIP MECU %NIP MECU %NIP Appro_p_riat 
I 
ANGOLA 115,0 96,4 83,8% 24.3 16,1 14.0% 41,1 35,7% 39.5: 34,3% 137.5 65,3 55.5 
BENIN 93.8 91,8 97,8% 60.2 44,3 47,2% 46.9 50,0% 45.4j 48.3% 138,7 106,9 89.6 
BURKINA FASO 149,3 143,6 96,2% 120.0 97.0 65,0% 151,0 101,1% 116.5 78,1% 294,5 253 3 213,5 
BOTSWANA 32,0 31,4 98,2% 23,51 10.6 33.2% 59,5 185.8% 23.1 72,0% 90,9, 76,9 33,7 
BURUNDI 112,0 45,7 40,8% 30.3 27,8 24,9% 90,4 80,7% 48.0' 42.8% 136.1 86,4 75.8 
CENTRAL AFRICA REPUBLIC 75,0 74,9 99,8% 68.3 20,2 26,9% 35.6 47,5% 30.5. 40.7% 110,5! 101,0 50.7 
CHAD 110,3 100,3 90,9% 83.0 56 6 51,3% 34,3 31,1% 32.0 29,0% 134,5 115,9 88,6 
CAMEROON 110,0 109,9 99,9% 54.3 44.1 40.1% 297.2 270.2% 280,1 254,6% 407,1: 349.2 324.2 
CONGO 51,0 40,6 79,7% 23,8 12.7 24.9% 7,3 14,4% 6.8! 13.3% 48.0' 30,6 19,5 
COMOROS 23,5 20.8 88,6% 12.8 8,4 35.6% 14,7 62.7% 13 4 56,9% 35,51 26,3 21,8 
CAPE VERDE 24.7 24.5 99,3% 20.4 16,9 68,3% 14,1 56.9%1 13.91 56,1% 38,6' 34,3 30,7 
OJIBOUTl 19,9 18.1 90,7% 13,7 8.3 41,5%1 8,2 41.3%L 2.5i 12,6% 26.31 18,81 10.8 
EQUATORIAL GUINEA 12,51 5.8 46.1% 0.6 0,6 4.7% 9,1 72,5%1 8 4: 67.2% 14,8' 9.01 9.0 
ERYTREA 55,0 27,4 49,8% 22.4 15.5 28,3%1 13.7 24.9% 7,01 12.7% 41,1 i 36,1 22.5 
ETHIOPIA 214,01 119.6 55,9% 93,4 50,3 23.5% 337,3i 157,6% 276.2 129,1% 456.9l 422.51 326.5 
GABON 29.9 29,9 99,9% 22,5 18,5 61.9% 26.7 89.4% 15 31 51.2%1 56,6! 44.0 33.8 
GHANA 109,4 81,7 74,7% 36,6 30.2 27,6%1 166 51 152.2% 155 21 141.9% 248.21 199,8 185,4 
GAMBIA 23.5 23,3 990% 18.7 17,0 72.3%! 10.91 46,5% 8.9i 379% 34.2: 27.6 25.9 
GUINEA BISSAU 37,0 37,0 100,0% 33.9 13.9 37,5% 22.0 59.5%1 19 8! 53.5% 59.0: 54,9 33,7 
GUINEA 127,6 121,8 95.5%' 89,9 76,01 59,5% 166.5 130,5%1 72.3! 56,7% 288.3: 172,4 148,3 
IVORY COAST 111,8 111,7 99,9% 81,3 64.4 57,6% 377.31 337.5%1 362.1! 323,9%1 489,0. 453,41 426,6 
KENYA 140.0 81,11 58,0% 47,5 24,6 17,6% 155.91 111,4% 137,5 98.2% 237,1 201,0 162.1 
LIBERIA 50,0 0,0% 0,0% 26,7 53.3% 25.1 50,3% 26.7 26.2 25.1 
LESOTHO 50,0 48,2 96,4% 45,8 33,8 67,7% 47,9 95,7% 41,9 83,8% 96.1 92,3 75,7 
MADAGASCAR 133.2 132,9 99.8% 108,8 80.7 60,6% 87,7 65.8% 82.2 61,7% 220.6; 194,8 162.9 
MALAWI 129.2 120,4 93.2% 58,0 37,3 28,8% 140,0 108.4% I 97.01 75.1%1 260,51 184,1 134,3 
MAURITlUS 34,0 27.5 80,9% 20,7 17,1 50,2% 22.7 66,8% 10,1 29.7% 50.2i 42.8 27.2 
MAURITANIA 65.9 64,6 98,1% 56.5 49,4 75,0% 123,6 187.5% 67,1 101,8%1 188.21 133,41 116,5 
MALl 158,0 156,3 98,9% 127,5 104,1 65,9% 115,7 73.2% 89,4i 56,6% 272,01 220,9 193,5 
MOZAMBIQUE 170,6 169,4 99,3% 122.1 95,1 55,7% 101,1 59.3% 86,7 50,8% 270,5! 220,5 181,7 
NAMIBIA 500 49,8 99,6% 40,0 29.0 57,9% 58,4 116.9% 29,1 58,1% 108,31 90,91 58.0 
NIGER 143,9 140,7 97,8% 117.2 97,8 68.0% 59,3 41,2% 50,8 35,3% 200,0 169.91 148,6 
RWANQA 118,0 107,8 91,4%1 42,9 29.2 24.7% 73.9 62,6% 66,91 56,7% 181,7 110 4 96,0 
SENEGAL 125.9 123,9 98,4% 113.6 77,1 61,3% 98,4 78,1% 73,71 58,5% 222.2 207,6 150,8 
SEYCHELLES 54 5,4 99,5% 4,5 4,1 75,7% 2.1' 38,1% 1.0 18,0% 7,41 6.61 5,1 
SIERRA LEONE 83,6 73,2 87,5%1 30,8 22.8 27.3% 46,0: 55.1% 36.0 43.1% 119,2! 69,0 58,8 
SOMALIA I 22.8 1.6i 22.8 2.5 1,6 
SAO TOME & PRINCIPE 8,0 6,9, 86,7% 4,71 4.5 56,1% 10,6 132.4%1 4.9! 61,7%1 17,51 15.31 9,4 
SUDAN 142,0 0,0%1 I 0,0%1 146.61 103.2%! 40 6!. 26.6%1 146.61 42.1 40,6 
SWAZILAND 26,1 28.0 99,8% 19.7 14.6 52.0%1 17,51 62,1%! 11,0 39,2%1 45,51 37,1 25.6 
TANZANIA 185,0 158,9 85,9% 106,01 79,0 42,7% 226.11 122.2%i 193.5 104.6% 385,0i 319.01 272,4 
TOGO 68,0 19.81 29.1% 18,4 14.5 21.4% 25,11 36.9% 23.51 34,6% 44,9 42,11 38,1 
UGANDA 163,2 151,1 92.6%1 99,4 73.1 44,8% 234,6 143,7% 219.6 134,6% 385.7 330,61 292.7 
NIGERIA 365,0 123,61 33.9% 68,8 57.2 15,7% 15.5 4.2% 14,4: 3,9% 139,11 83,5 71.6 
ZAMBIA 110,7 110,61 99.9%1 90.9 75.4 68,1% 202,3 182.8% 194.81 176,0% 312.9 291.7 270.3 
ZIMBABWE 91,5' 91,5! 100.0% 72.5 47,6 52.0% 120.4 131,5% 102.4! 111.9% 211,8 189,61 150.0 
ZAIRE 170,01 106,5: 62.7°A. 6.31 2,4 1,4% 42,91 25.3% 22.31 13,1% 149.51 37,2 24,7 
• TOTAL AFRICA 4426,4 3454,2 78,0% 2356,3 1719,5 38,8%1 4153,9 93,8%1 3299,8: 74,5% 7608,1 6045,6 5019,3 
ANTlGUA-BARBUDA I 3.51 2.5 72,6% 0.6 0.5 14,3% 0.9 26.5% 0,4 10.4% 3,5 1,4 0,9 
BARBADOS I 5.5 3,6 65,5% 3.0 2.6 47,5% 8.51 154.8% 2.51 45,8% 12.11 11,0 5.1 
BELIZE 9.0 9.01 99,8%t 9,0 9,0 99,6% 80 89.1% 5.91 65,7%1 17,0 17,01 14.9 
BAHAMAS I 4.4i 4,31 97,7% 3.5 2.8 63,1%1 9.2 210.2% 0 7i 15.9% 13.5 12.5 3,5 
DOMINICAN REPUBLIC i 85,01 79.4l 93,4% 56,31 36,4 42,9%i 72.9 85,8%1 39 9~ 46.9% 152.31 118.1' 76.3 
DOMINICA 5.5! 5,3 96.0% 1,41 0.81 15,4%1 35.41 644,1% 32.4' 588.6%1 40.7 33,8 33,2 
GRENADA 6,5: 6,4: 99 2% 5.81 5.21 79.6%, 16.81 258,3%1 15 8! 243,5% 23.2! 22.6 21.0 
(IJYANA I 32.8 32.7 99.8% 23.6 22.4 68,3%1 25.81 78,7%1 15.71 47,7% 58,61 47,3 38.0 
HAITl 112.5 104,0 92,4% 86.8 47,31 42,1%1 59.61 52.9%1 55.6: 49.5% 163,5 145,31 102.9 
JAMAICA 49,7; 48.91 98.4%1 31,91 27,51 55.2%1 134.81 271,3%1 40,01 80,4%1 183,7 88,7i 67,4 
ST CHRISTOPHER NEVIS I 2.5: 2.51 1000%i 0.31 0,11 4,4% 2.2: 89.2%1 1 s; 58.1%1 47 2.51 1.6 
SAINT A LUCIA 5.01 2.0 39.6%1 1.21 0.81 16.8%1 48,61 971.3%! 47 s, 950.4% I 50.51 49,8i 48.4 
SURINAME 27,0] 22.41 83.0%1 16.3 9.81 36.2%1 9.2i 33.9%: 3 2' 11,7%1 31.6: 20.91 12.9 
SINT VINCENT & GRENADINES 5,4 5,1: 94,2%1 2.3 0.7 13.8% 50.21 929.7%i 45.11 834.7% I 55.3! 52,41 45,8 
TRINIDAD & TOBAGO I 18.1 18,11 100.0%1 16.2 7.6: 42.2%1 30.5i 168,7%: 19 Oi 104,8% 48.6• 46,41 26.6 
' TOTAL CARIBBEAN I 372,41 346,2 93,0%1 258,11 173,61 46,6'41 512,8i 137,7%1 325,0! 87,3%1 859,01 669,51 498,6 
FIJI 22.01 14.4 65,3% 12.1' 11.2i 50.8%1 5.0i 22.5%1 31; 14.2%1 19.3! 17.01 14,3 
KIRIBATI 6,01 5,4 89.8% 4.0 2.8 46.1%1 0,8, 130%1 0.81 13.0%1 6.21 4,8! 3,5 
PAPUA-NEW GUINEA i 46.21 45,31 980% 38,7! 27.0 58.3% 141,11 305.5%: 106 01 229.5%1 186,41 172.4! 133.0 
SALOMON ISLANDS 20.91 15.11 720%! 9 11 6 91 33,1%! 11,0! 52.5%1 7,91 37,7% I 26,0: 18,41 14,6 
TONG A I 6 01 5.61 92.7% 0.5 0,4i 5,9%i 4,6: 76,1%1 2 9: 48,1%1 10,1' 4,9! 3.2 
TUVALU 1,31 1,3 100,0% 1,3 1.11 81,0%1 0,1 6,0%i 0 0' 2.3%1 1.4 i 1,3 1,1 
VANUATU 7,61 7,6 100,0% 7,0 5,7 75,6%1 3,3 43,5% 2.81 37,3%1 10,91 9.8 8,6 
WESTERN SAMOA 9,0: 3,51 38,4% 3,4 2.5 28.2%1 7.61 84.3% 7,61 84,3% 11,01 11,0 10,1 
'TOTAL PACIFIC 119,0! 98,01 82,3% 76,0 57,51 48,3'.~1 173,41 145,7% 131,1! 110,2% 271,41 239,61 188,6 
ALL COUNTRIES I I 244.8 221.41 I 244,8: 243,31 221,4 
REGIONAL COOPER A noN I 1186.9 1073 61 90.5%1 739.7 521.81 44,0%1 137,31 11.6%i 56 2 i 4,7% 1210.81 862,31 577,9 
FINANCIAL & ADMINIS, EXPENSES 3,01 3,0 100,0% 0,0%1 6,4 213.8%1 3.0 100,4% 9,4i 4.8i 3.0 
RESERVE 48,41 I I I 
'TOTAL ACP 6156,0t 4974,9 80,8% 3430,2 2472,4 40,2'!.! 5228,6 84,9'1. 4036,5, 65,6% 10203,51 8065,1 6508,9 
'TOTAL OCT 97,51 64,5 66,2% 47,7 38,7 39,7%1 50,5 51,8% 27,41 28,1'!. 115,0: 89,6 66,1 
' TOTAL ACP + OCT I 6253 51 5039,5 80 6% 34779 2511 1 402%1 5279.0 84,4% 4063 91 65 0%1 10318 51 8154 7 6575 0 
159 
160 
CUMULATIVE END YEAR 1997 17th EDF BY INSTRUMENTAND BY STATE IMECUI 2 2 Table 3 
I I I i 
DECISIONS i NIP NON NIP I TOTAL 
I Gnn! 1 Interest Eneroenc ! Refuoee Risk I STABEX I SYSW.:~II Transfer 1 SAF I Total I 
Stale : SubSidies! Aid Aid Capital I I ex EDF 41 I State 
I I [ 1 I I I I 
ANGOLA ! 96.4 28.5 9,5 3.1; I I I 41.1 I 137,5 
BENIN I 9U! 0.9 2.0' 151 3,41 39.11 46 9' I 138,7 
BURKINA FASO I 143.61 08 16 e· 19.3! 27.21 3.01 63,9. 151.0. I 294,5 
BOTSWANA 31,4' 17,91 0.2' H• I 33.71 3.91 I 59.5: I 90.9 
BURUNDI I 45.71 173 I I 55.51 5.61 12 Ol 90.4• I 136.1 
CENTRAL AFRICA REPUBLIC I 74 91 j_ 0.21 18,41 ; 7,0[ 10,01 35 5' ; 110,5 
CHAD I 100.3 1,1 _!_ I 11,3i 2.31 19 61 34). ! 134.5 
CAMEROON I 109,91 2.0 I 13 9 244 2! I 3.41 33.7! 297.2 1 407.1 
CONGO I 40.61 I I 0.7: 6.61 7.3 : 48.0 
COMOROS I 20 81 I 30 4,3] ! 0 91 6 61 147' I 35,5 
CAPEVERDE ! ~51 0.2 _l_ 117 191 I 0.3• I 14.11 I 38.6 
DJIBOUTI ! 18,11 0,4 0.6i 25. I I 0 ll 4,1 i a 2' I 26.3 
EQUATORIAL GUINEA 5.81 I I 8.41 I 0.7. ! 9 1 1 14.6 
ERYTREA 27.41 0.71 5.0i 6 o: I i I 13 7' I 41 1 
ETHIOPIA 119.61 6.1 7,21 54.7• 179.5: I 11 41 76.4 337.31 : •56.9 
GABON : 29.91 2.4 1 0.61 I "'o, 1.5: 8,21 25.7 ! 56 6 
GHANA 61.71 13.9 1,3 I 17' 50.61 I 11 9i 67.2: 165 S1 L 248.2 
GAMBIA 23.31 I 43• 0,4! I 0.11 6.2! 10 S' 34.2 
GUINEA BISSAU I 37.0 0,3 I 52 1.31 I 571 9,61 220 I 59 0 
GUINEA 121.8 I 3.3 1.5 1.31 48.5. ! 80 2' 6.41 23.4i 156 5 I 268.3 
IVORY COAST I 111.7 6.2 0.61 2.61 16.0 259.71 i 4.91 77 21 377 3' I •83.0 
KENYA 61.1 11.0' 9.3 0.91 45 e 84.81 I 42' I 155 9 I 237.1 
LIBERIA I 16,8 2.4 7.5! I 25 7 I 26.7 
LESOTHO I 48.2. 1.3. I 16.0 3.71 3.3• 21.61 47 9 I 96.1 
MADAGASCAR I 132.91 I 1.7 I 13.7 55.5· 6.01 10 61 87,7: I 220.6 
MALAWI 120.4 1,3 14.31 448 16,8 i 10.4i 52.41 140 0· I 260.5 
MAURITIUS 27.5, 17.1' I 5.1 I I 0.5• I 22 7, 50.2 
MAURITANIA s•.s1 I 3.51 1.4 0.11 13.4· 15,1: 58 01 6 5 24.6! 123 6! I 188.2 
MALl ! 156.3' : 5.0 1,3 0.71 22.8· 0.91 15.11 8 4: 61.51 1 15.7' l 272.0 
MOZAMBIQUE 169.4! 5.7 27 21 34 6 3.61 I 30.01 1011' I 270,5 
NAMIBIA ! 49.6 11.8 0,2 ! 6 4· : 40.0: 58 41 I 108.3 
NIGER 140.7 0.5 0.1 i I I 31,11 5 31 22.4 59 3· I 200.0 
RWANDA 107 6 2•.s 0.61 I •2.91 ! 5.91 I 73.9' I 181.7 
SENEGAL 123.9 2.3 0,7 1.4 19.0 35.2 I u: 32.5' S8,4. 222.2 
SEYCHELLES s .• I 2.0, I I 0,1' 2.1' ! 7.4 
SIERRA LEONE 73.2 I 10.2 0.8_1_ 8.0 11.2 0.21 3.61 12,0: 46.01 I 119.2 
SOMALIA ! I I 22.81 22.6. I 22.6 
SAD TOME & PRINCIPE 6,9 5.6· 2.9 I 0 O; 2.1' 10.61 I 17.5 
SUDAN 42,4 I 103.8 I 0 31 146.5· I 146.6 
SWAZILAND 28,0 16.01 I 1.51 17.5i I 45.5 
TANZANIA 158.9 2,6 0.1 52.21 57.7 I 961 103.4! 225.1: ! 385.0 
TOGO 19.8 0.4 I 22.01 0.1i 261 25.1 I 44.9 
UGANDA 151.1 1,0 1 4 0.8 37.31 144.51 2.9i 46.71 234 6i I 365.7 
NIGERIA 123.6 10.0 1,1 2.51 I I 2.01 15,5! l 139.1 
ZAMBIA 110.61 1,2 36,51 ! 60.2! 6 01 96,5 202.3· I 312.9 
ZIMBABWE 91,51 16.9 0,6 1.61 18.3! 391 I 0.11 7,61 36,0 120 41 I 211.e 
ZAIRE 106.51 13,7 5.51 I I 23.71 42.9· I 149.5 
• TOTAl AFRICA 3454 21 1254 195 7 84 5L 597 81 1507 01 359 9! 225 (j 1058 2! (153,91 1 7608 1 
ANTIGUA-BARBUDA 2,5• 0,7 I I I 0.21 0 9! 3.5 
BARBADOS 3.61 7.2 I I I I 1.41 I 6.5' I 12.1 
BELIZE 9 01 0,5 0,51 3.5. I 3.51 a o• 17,0 
BAHAMAS 4.31 8.6 I I I 0.4! 9.2. I 13.5 
DOMINICAN REPUBLIC 79.41 1.1 I I 26.01 I 23.0; I 22.81 72 91 I 152.3 
DOMINICA 5.31 I 5.51 27 71 I I 2.2 35 4' I 40,7 
GRENADA 6.4/ 0.9 I 5· 12.31 I o.o: 2.0i 15 31 I 23.2 
GUYANA 32.71 I 13.3• 1 o.o: 4 7' 7.81 25 8 58 6 
HAITI 104,01 6.0 I 4.0' 32.51 ! 17.0 59 5: I 163.5 
JAMAICA I 48 91 24.1 l 5.0: I 70.1 33.1' 2.5i 134 e· i 163.7 
ST CHRISTOPHER NEVIS 2.51 2.0' I I 0 21 ! 2 2' I 4,7 
SAINT A LUCIA 201 2.31 0,1 I 1.51 44.5i I 0.1 I I 48 5 50.5 
SURINAME I 22.41 ! 0.5' 0.71 I 0 2: 7.8! I 9 2: I 31.6 
SINT VINCENT & GRENADINES I 5. !I 5.0' 45.11 i 0.11 I 50 2~ I 55.3 
TRINIDAD & TOBAGO I 18.11 I 16.51 4.1: I i 3.8: 6.21 30 51 I 43 6 
• TOTAL CARIBBEAN 346 21 61 5 6 Si 1 a: 72.0 162,1: 93 31 55,51 60 SI 512.8 I 859,0 
FIJI I 14.4. 3.01 1,0 I i 1 01 5.0 19.3 
KIRIBATI I 5.41 I I 0,6, I 0.2! I 03 I 6.2 
PAPUA·NEW GUINEA 45.31 ; 8.61 0,1 i I 23.0 64.61 I 4.4 I 20,5 141 1 I 186.4 
SALOMON ISLANDS I 15.1' I z.o: 6 31 I 0.71 I 11.0 I 26.0 
TONGA I 5.6· I 1.01 I I 01 2.0 I 0.5/ I 4.5 ' 10.1 
TUVALU 1.31 ! : 0.01 I 0.01 I 0 1: I 1.4 
VANUATU 7.6 I I I I i 3.1 I 0.2! I 33 ! 10.9 
WESTERN SAMOA 3 5: I I 0.3. 1 5· 5.8 0.0: I 7 5 11.0 
• TOTAl PACIFIC I 98 0 I 12 61 1 4 i 27 S· 104,5· I 7,0 20 s: 17J,4 I 271 4 
ALL COUNTRIES I I 18.41 199.71 1 15.0 0 21 11.5: I 244 8· : 244.8 
REGIONAL COOPERA TICN I 1073.6: I 25.51 I I 53.2! 
' 58 5! 1373· 1210,8 
FINANCIAL & AOMINIS. EXPENSES. I 3.0• I I I I : I I 0,41 6 01 54 ! 94 
• TOTAl ACP 497491 I 243 31 4036: 85 51 765 61 17736 453 41 358 41 1145 1 t 5228,6' I 10203 s 
I L I i ! I I I I 
MAYOTTE i 6.61 I 0.51 L 2.3 I I I : 34' 10,0 
NEW CALEDONIA 9 0! 0.9 0.3' I 6.0• I 2.51 3.61 ; 13.3. 22.3 
FRENCH POLYNESIA ! 4 71 : 1.3 t I 5.0: 0.91 1.01 a 2 ! 12.9 
ST·F'IERRE & MIQUELCN 301 I I I : I I 0.0! i 00 : 3.0 
FRENCH ANTARTIC TERRITORIES I O.Oi l l _j_ i _l I I ' I 0.0 
WALLIS & FUTUNA I 3.21 I 0 11 I I I I 0.01 I 0 1' I 3.3 
ALL COUNTRIES I I I I ! I I I 0,11 0.1 : 0,1 
• TOTAL FRENCH OCT I 26 Si 2 2' 0 81 13 9' 0 91 2 51 4 81 I 25 1 i i 51 7 
ARUBA 7.6' 0.11 I 1 0,31 I 0 3' ! 7,9 
NETHERLANDS ANTILES I 10 z: I 1,01 7.5· I 5.41 I 13 9i I 24 2 
• TOTAL DUTCH OCT I 17 81 I 111 7 S1 I s 7' I U,J 32,1 
ANGUILLA I 2.71 I I I I 0 21 a 2 2.9 
CAYMAN ISLANDS I I 1.2' 0.1' I I I I 1 3· I 1.3 
FALKLAND ISLANDS I 0.6 I 5.1 I 0.0 I 57· 5,7 
MONTSERRAT I 0.7' 0,4, 0.2 I I 0.0 I 0 6· I 1.3 
SAINTE HELENE I 1 21 I i I I I 0,1' l 0.1' 1 u 
TURKS & CAICOS I 3.91 I 0.01 I 0 11 0.11 i 4.0 
VIRGIN ISLANDS I 2,41 0.4 1 1.11 I 0.1 1.6. I 4.0 
• TOTAl BRITISH OCT I 10 91 22 04 0 ll 11[ 511 ' 05 95 ! 204 
REGIONAL COOPERATION 9.31 j_ I I I 0.5 0 S· ' 9,8 
ALL COUNTRIES I I 1,0 L I l t 1,01 I 10 
• TOTAl OCT ! 6451 HI 22 0 3! 22,51 6 01 _1,_5~ 11 5 so 5, I 115 0 
• TOTAL ACP + OCT SOJ9 51 248 8 405 8 85 8' 78811 177961 455 91 369 9 1145 1 5279 Oi I 10318 s 
161 
>YEAR 19971 17th EOF BY INSTRUMENT AND BY STATE fMECUT; 2 2 Table 4 
! 
DECISIONS NIP ! NON NIP TOTAL 
Grant Interest Energenc Refugee Risk SYSMIN Transfer SAF ' Total 
State : 'Sl.tlsidies Aid Aid Capital ex EDF 4 State 
1 
ANGOLA : -0.7 -0.5 I I -0.5 -1.2 
BEN IN : 10.8: I 10.8 
BURKJNA FASO I 4.31 -00 -0.3 -0.0 5.91 5.5 9.8 
BOTSWANA I 0.61 -0.4 -0.7 1.61 0.4 1,1 
BURUNDI : -16,11 -0.7 -0.7 -16.8 
CENTRAL AFRICA REPUBLIC I -0.01 0.7 0.7 0.7 
CHAD I 6.8! 6.8 
CAMEROON ; 13.7 0.8 0.8: 14,5 
CONGO I -0.4 -0.1 ! -0.11 -0.5 
COMOROS 0.2 I 1,0 101 I 1.2 
CAPEVERDE 2.0 I -0.0 -0.0 -OO: 2.0 
DJIBOUTI -0.1 -0 2 301 2 31 2.7 
EQUATORIAL GUINEA -0.0 I -0.11 -0.11 -0.1 
ERYTREA 1,5 I I i 1.5 
ETHIOPIA 63.2 1.51 1,1 I 2.61 65.8 
GABON 2.41 0.51 1.5: 4.4 i 4.4 
GHANA I 9.7 3.7 I 3.71 I 13,4 
GAMBIA I 2.91 I I i 2.9 
GUINEA BISSAU 0 61 I -0.0' 0,3 1.6! 1.9. I 2.5 
GUINEA ' 1.01 I -0.3: 80.0i I 79.71 I 80.7 
IVORY COAST 1.0 I I -0.11 2.11 -0.0! 2.0: I 3.0 
KENYA I 0.6 -0.41 -0.31 I -0.71 I -0.2 
LIBERIA I I -1.31 I -1 3: I -1.3 
LESOTHO I o.5· I l I I 0.9 -0.1 0.71 I 1,3 
MADAGASCAR : 18.0 I 0,8 I 10.3 11.6 i I 29.6 
MALAWI I 11.9 I -0.11 -0.2 I I 0.3 12.0> 12.11 24.0 
MAURITIUS 1.6! 0.2' I I I : 0.2 I 0 31 2.0 
MAURITANIA I 0 3; I -001 0.11 I i 0.51 I 0 6: I 0,9 
MALl I 3.3 I I I 051 15 0: -0.2 ! 15 3: I 18.6 
MOZAMBIQUE I 8.7i I '-0.0 -0,1 -1,3j i -1.41 -T 7,3 
NAMIBIA I 0.2· 1.41 I I 1,4: I 1.6 
NIGER I 18 51 I -0.11 -0.0 I 0.1 i 6.31 6.3 I 24.7 
RWANDA I 1,11 I -0.5! I I 1.6 ! 1.11 I 2.2 
SENEGAL I -0.9! -0.0, ) 3.51 3.51 I 2,6 
SEYCHELLES 0.5: I I ! I I 0.5 
SIERRA LEONE I 0.5 1.4' I 0.2• 2,0 i 36i 4.0 
SOMALIA I I -0,6 -0.6f -0.6 
SAO TOME & PRINCIPE I 0.31 I I I 0.3 
SUDAN I -1.0 I -0.91 -1.9 -1.9 
SWAZILAND I -0.01 I 0,31 0,31 0,3 
TANZANIA I 31.61 -0.1 0,1 I 8.01 8.0 39,6 
TOGO I 0.61 0.1: 0,51 06 1.2 
UGANDA I 10,3 I 10.01 I I 10.0 20,3 
NIGERIA i -22.91 -0.2 I -2.6! .. -2.8 -25.7 
ZAMBIA I 0,91 I 0.21 0.01 f 0.2 1,1 
ZIMBABWE I 0.21 I -5.2' I I I -1.01 I· -6 2! -6.0 
ZAIRE I 30.11 I -0.3 I -0.11 I·· -0 3 29.8 
• TOTAL AFRICA I 216,71 I -2.1! -2,1 2,0. 10,0 95,4! 20,41 .&0,91 164,81 I 381,4 
ANTIGUA-BARBUDA I ! I I 0.7 I I r 0.7! 0.7 
BARBADOS I 0 O• I I 0.01 I 0.0. I 00 
BELIZE I -oo: I -0.11 I -0 1 I -0.1 
BAHAMAS 0 8: I I I 0.31 I 0 3: r , 1 
DOMINICAN REPUBLIC i 201 I I f -0.2! -0 2: u 
DOMINICA I I I I I I 3 0. I I I 3 01 T 3.0 
GRENADA -0.01 I I _l I I I -0.0 
GUYANA : I I I : r -0.0: -00· I -0.0 
HAITI 321 I 201 I I I I 2 01 5.2 
JAMAICA : 2.91 -0.3 L 70 0· 0.21 I 69 81 I 72.7 
SAINT A LUCIA I 0 21 0.01 -0.01 i ; I I -001 0.1 
SURINAME 0.31 I ! I 0.71 I 0,71 I 0.9 
SINT VINCENT & GRENAOINES i I I ! 0,11 I 0.1: 0. I 
TRINIDAD & TOBAGO 0 0! ! -3.4: I I I 0.1 I -3.3' -3.3 
• TOTAL CARIBBEAN 9.3! -3,71 2.61 3,0 I 70,01 1,2! -0,2: 72.9' I 82,3 
FIJI· 0.7 : I ! I I I I 0.7 
KJRIBATI ! 0.1' I I I I I ! I I I I 0.1 
PA?IJA-NEW GUINEA : 4 7 i I -1.7; -0.0! i ! : i -1 i' I 3.0 
SALOMON ISLANDS 22; I I I I I i r 2.2 
TONGA 4 91 I I I I I I : I 4.9 
TUVALU : 0 o: I i I i I ! 0.0 
VANUATU 0.51 I I I I I i 0.5 
WESTERN SAMOA -0 0 I i I I 001 I 0.0 f -0.0 
• TOTAL PACIFIC 13.1' i -1,7• -0,01 ! : 0,01 I -1,7• : 11,.& 
ALL COUNTRIES ! I ! -1.81 I 0.21 I I _, 61 I -1.6 
REGIONAL COOPERATION 1 !0.3: I I ! 0.41 ! -2.21 ; _,a. I 108.5 
FINANCIAL & ADMINIS. EXPENSES 3 01 I i I I I I 30 
• TOTALACP 352.4; I -7,5; -1,21 2.0 13,41 165.7; 19,4! 40,71 232,5. I 584,9 
MAYOTTE -0.01 I -0.01 I I T -0 O: I -0.0 
NEW CALEDONIA I I I I I 2.5. I I 25: 2.5 
FRENCH POLYNESIA 0 31 i I I I I I 0.3 
ST PIERRE & MIQUELON I I I I 0.01 I 0 01 0.0 
WALLIS & FUTUNA 0.1 I I L I ! -O.Oi I -001 i 0.1 
• TOTAL FRENCH OCT 0.41 -0,01 I 2,51 0,0 -~ 2.5i 2,9 
NETHERLANDS AN TILES 1.81 I I I I I 1.8 
• TOTAL DUTCH OCT 1,8 I I I I 1,8 
ANGUILLA 0.1: I I j 0.1 
CAYMAN ISLANDS I I 0.7 -0.0 I I 0.1 0,7 
MONTSERRAT I 0 71 0.2 I I 0.21 0.9 
SAINTE HELENE I 0.31 I ! 0,3 
TURKS & CAICOS I -001 I I I -0.0 
• TOTAL BRITISH OCT I 1,0j 0,1 0,2 I 0,9 1,9 
REGIONAL COOPERATION I 0.31 I I 0,3 
• TOTALOCT 3,51 0,71 -0,0 0,2 2,51 0,0 3,4 8,9 
• TOTAL ACP + OCT 355,91 ~.8: ·1,2 2,2 13,4 188,11 19,5 40,71 235,9 591,8 
I I I 
•NOTE ·No COI'I'VTIIlments Ol'decOI'I'VTIIlments for STABEX in 1997 I T 
162 
CUMULATIVE END !YEAR 1997 17th EDF BY INSTRUMENT AND BY STATE !MECUI I i2 2 Tabl~ 5 
i I I I l I I I I I 
DELEGATED I NIP ! NON NIP I I TOTAl 
APPROPRIATIONS I Grant I lnlere~! Energenc I Refugee R1sk STABEX I SYSMIN I Tran~fer I SAF I Total I I 
State I I SubSidies .AJd I .AJd Cap;tal I ex EDI' 4 · I I I State 
! i i I I I l 
ANGOLA I 20' 28 s, 9.51 3.1 I I 41,11 I 65.3 
BEN IN 60.2: 0 91 2.01 1 51 3 2' 39,1! 46.71 I 106 9 
BURKINA FASO 120 0' I 0.8' I 16 8 19 3• 10 Si 3.0i 83 01 133 31 I 253 3 
BOTSWANA I 23 51 I 17,9• I 0.21 3.81 i 30.4! 1.11 I SHi I 76.9 
BURUNDI 30.3: I 17 31 I 24.51 I v. 11,7i 56 21 I 86 4 
CENTRAL AFRICA REPUBLIC I 66 31 I I I 0.2 18 21 L 4 51 9.91 32 8' I 101 0 
CHAD I 83.01 I 1.11 I 11 31 I 1 .o. 19,51 32 91 I 115 9 
CAMEROON I 54 3l 2.0! I 13.1 244.21 I 1 9 33 7' 294 g; I 34" 2 
CONGO I 23.61 I I I I 0 2' 6 01 6 61 I 30 6 
COMOROS l 12.6! I 2.01 4.31 j_ 0 7: 6.51 13.51 i 25 3 
CAPEVERDE I 20.4. o 2L 11.71 1 9j I 0 2. I 13.91 I 343 
DJIBOUTI I 1371 I 0.41 0,6 HI I I 0.1 11] 5.01 I 13 d 
EQUATORIAL GUINEA I 0.61 I I I 1!.41 I I a 4i I 30 
ERYTREA I 22.41 0.71 5.0 8 OL I I i 13.71 36 1 
ETHIOPIA I 93.41 5,1' 6.5 5471 179 SI I 4 a, 77.6: 329.11 I 422 5 
GABON I 22.51 24: i 0.61 I 10.91 1 Oi 6 7i 21.01 i 440 
GHANA I 36 61 I 13.9> 1,31 1.71 50.61 I e 5 67 21 163.2! I 199 e 
GAMBIA I 18.71 I l I 4.31 0.41 I 0.1' 4.::?1 8 9! I 27 5 
GUINEA BISSAU I 33.9• I 0.31 5.21 1 31 4 81 9.5· 21.01 54 9 
GUINEA I 69.9· 3.31 1 51 1.3 48.5! I 0 2i 43 23.41 62.5i I 172 4 
IVORY COAST I 813 6 2! 0 8! 2 6! 16 0! 269.7' I 25 74 31 372.1' 453 4 
KENYA I 47.5: 11 0 9 31 0.9 45 8 64.81 1,7 I 153.5' I 201 c 
LIBERIA ! I 16.6. 2.31 I I 73 i 25 2' i 25 ~ 
LESOTHO 45 8' 1,31 I i 18 0 3,71 I 2.0 21 5 46 S1 I 923 
MADAGASCAR I 108 81 I I 17: I 13.71 55.51 I 43 10,61 36 01 I 194 a 
MALAWI I 58 01 I Ul 14.31 44.81 15.61 
' 6 4' 40 4i 126 o: i 184.1 
MAURITIUS I 20 71 16.7• I i 5.1! I I 0.3• I 22.1: I 42 8 
MAURITANIA i 56.51 3.51 1.4' ! 13.41 16.11 14 3' H 24.5 76 91 1334 
MALl ! 127.51 I 5.01 Ui 0.7: 21,4 0 gl 0.11 2.5 61 .4· 93,41 I 2209 
MOZAMBIQUE I 122.1' I 5.7' 24.51 34.61 3,61 i : 30.0: 98.4: I 220 5 
NAMIBIA I 40.0i I 11.6: 0 2: I 6,4 I 32.41 I 50.91 90 9 
NIGER I 117,2! I 0.51 0.11 I I 25.21 4.5 22.41 52.71 I 169 9 
RWANDA I c2 9 L I I 24.5; 0.61 L 41,61 I 0.8 I 67.51 I 110 4 
SENEGAL I 113,61 2.31 0 71 141 19.01 35,21 I 2.91 32.51 94 01 i 207.6 
SEYCHELLES I 4.51 I I I 2.01 I I 01 I 2.11 I 6 6 
SIERRA LEONE I 30,8 I I 10.01 0.8 8,01 5.61 0.21 1 5' 11.91 33.21 ! 59 0 
SOMALIA ! I ; ! I I 2.5 I 2.51 I 2 5 
SAO TOME & PRINCIPE I 4.7 I I I 5.61 2.91 I 00 2.11 10,6i I 15 3 
SUDAN I 41.91 I I I 0 2 I 42.11 ! 42 1 
SWAZILAND 19.7 I I I I 16.01 I I 1.4' I 17.41 I 37.1 
TANZANIA I 106.0 I I 2.81 0,1 i 52.21 57,71 I 1.7' 98.4: 213 01 I 319 0 
TOGO ! 18.4 I I 0.41 I 22.01 0.11 u I 2381 ! 42.1 
UGANDA I 99.41 I 1,01 1.41 0.61 37.31 142.91 I 11 45}j 231.21 I 330.6 
NIGERIA I 66 a: 10.01 1.0· 2.51 I l 1 2 I 14.61 I ~3 5 
ZAMBIA I 90.91 I i 1.2" 36,51 I so.o: 6 7 96.41 2G0.9, I 291 7 
ZIMBABWE L 72.51 16.9! 0.61 1.81 16.31 39.1 I 0.11 4 4' 36.0• , 17.21 I 189 5 
ZAIRE ! 6.31 I I 13,61 5.5; l I I 11 ~' I JO 9: I 37 2 
• TOTAL AFRICA ! 2356 3: 125,0: 194 71 80 91 594 71 1363,71 184 3: 117 1 1029,01 3689.2: ! 6045 6 
ANTIGUA-BARBUDA : 0.6! I 0.7' I I 0 ~. 0 ~~ : ~ . .£ I I 
BARBADOS I 3.01 I 7.2: I I I I i 0" I 3 11 : 11 0 
BELIZE I 9.0j_ 0.51 I o.s: 3.51 ! I 3 5 8 0: I 17 0 
BAHAMAS I 3,5, I 6,8! I I I I 02 9 Oi I 12 5 
DOMINICAN REPUBLIC I 56.31 I 1.1: I I 26.0' 11,9· 22.81 51 3 118 ~ 
DOMINICA I 1.4i I I I I 2 Si 27.71 I I 2.11 32.4 I I 336 
GRENADA I 5.81 0 91 i I 1,51 12.3: 0 0 2,01 16.8! I 22 5 
GUYANA I 23.6! I I ! 13 31 I 0.0' 2.7 7 7 23 7: 473 
HAITI I 86.81 I I 5.01 I 4.0: 32.51 I 17.01 58.51 I 145 3 
JAMAICA I 31.91 I 24.1 i ; ! 5 01 I 0.1 25 1 2.51 56 3· 88 7 
ST CHRISTOPHER NEVIS I 03 ! I I 2.0: I 0 2 I 2 21 : 2 5 
SAINT A LUCIA I 1.21 I 2.31 0.1: I 1 51 44.5: : 0 1 I 48 51 I 4S e 
SURINAME I 16 3' I I 0.5i 07: I 0.2: 3 3. 4 6' I :o 3 
SINT VINCENT & GRENADINE$ I 2.3 I I I I 5.01 45.11 0 0 50.1 ! 52 4 
TRINIDAD & TOBAGO I 15.2 I 16 5 I 4 1; l I 3 4 6 2 30 1 45 4 
• TOTAL CARIBBEAN I 258 1' I 61,5 5 7: 1 o: 69 0 162,11 12 2' 39,5 60,3 411 4! 669.5 
FIJI , 2.11 I 30 1.0 I I 1 s I 4 9' 17o) 
KIRIBATI 4 01 I i 0 6' 0 2 0 81 4! 
PAPUA-NEW GUINEA 38.7' 8 6• 0 1' 23 o· 79 51 3 5 19 0' 133 7' ; 1724 
SALOMON ISLANDS I 9 1' I I I I 2 Ql 6.6i I 0 5 92' ~ 3 4 
TONGA 0.5. i 1 01 I 1.01 2 01 I 0 4 4 4 i 4; 
TUVALU 1 3: i I 0 0' oc I 0 11 13 
VANUATU I 7 0 I I I I Vi 0 2 2.3 ~ ~ 
WESTERN SAMOA 3 4 I I 0 3: I 1.51 5 81 I 00 7.5 no 
• TOTAL PACIFIC I 76 Oi 12,6 1 41 I 275: 97,5 I I 57 19,0 1635 239.6 
ALL COUNTRIES ! I I 16 4 199 21 I 15 o· I 0.2: 10 5 243 3 I 243 3 
REGIONAL COOPERATION 739 71 I 25.51 I 53 2! I : 438 122 5' 662 J 
FINANCIAL & ADMINIS. EXPENSES I I I I I I I 0 4 4 4' 4 d: I 4 ~ 
• TOTAL ACP 3430 2. I 2'29: 401 0: 81 9 759 4' 1623.3: 196,7! 217,0 1112,61 4634 9' 8065,1 
MAYOTTE 5 91 I I 0.5• I 2.91 I I 3 4 I s 3 
NEW CALEDONIA 89 I 0 9' 0 31 I 6 o: I 0.0' 1 2 I 6 4 I 173 
FRENCH POLYNESIA 4.31 1.3• I 5 01 0 91 I 1•) a~ : , :" 
ST PIERRE & MIQUELON 3 o: I I I I l 00 0.0' I 3 0 
FRENCH ANTARTIC TERRITORIES 0.01 : I I I I I I I I 00 
WALLIS & FUTUNA I 3.2 I 0.1; I • I ! 00 I 0.1! I 3 3 
ALL COUNTRIES I I : I I I 0 1' I 0 1 I ! 0' 
• TOTAL FRENCH OCT I 25,31 2,2: 0,81 13 9• 0 91 0,0 2.4 I 20,2, I 45,5 
ARUBA 4}1 I 0.1: I I I I 0 0 0 11 I H 
NETHERLANDS AN TILES I 6.01 1.01 I I 7,5' I I 3 1' I 11 61 I 1H 
• TOTAL DUTCH OCT 10,71 I 111 I ! 7 5 I ! i 3,1 I 11 7: I 2V 
ANGUILLA 2.21 I I I I I I I , , 
CAYMAN ISLANDS I I I 1 2' : 0. 1' I I I 1 3: , 3 
FALKLAND ISLANDS I I 0.51 I I 5 11 0 0! I 5 71 I 57 
MONTSERRAT I 0.1 I i I 0 0: I o.o: I 0 1 
SAINTE HELENE I 0 91 I I I I 0 1' : 0.11 I 1 0 
TURKS & CAICOS I 0.71 I I 0.01 0 1 I 0.11 I 05 
VIRGIN ISLANDS I 0.11 0.41 L 1,11 I 1.5• I 1 5 
• TOTAL BRITISH OCT I 4 o: 2 21 I 0 1 11 51 0 11 I a 61 ' 12,6 
REGIONAL COOPERATION I 7,71 I I I 0.5. l 0.51 I &2 
ALL COUNTRIES I I l 1.0j I I 1,01 I 1 0 
• TOTAL OCT I 4771 H• 1 •1 01 22 5 . 6 Ol 0 01 6 11 I 42 Ol I 195 
• TOTAL ACP + OCT 347791 248 Jl (02 81 82 0 781 9 1629 Jl 196 81 223 11 1112 &I (676 81 I 81!>4 7 
16J 
YEAR 19971 7th EDF BY INSTRUMENTAND BY STATE fMECU} i2 2 Table 6 
I 
DELEGATED NIP NON NIP I TOTAL 
APPROPRIATIONS Grant Interest Energenc Refugee Risk STABEX SYSMIN Transfer SAF Total i 
St1te I SubSidies Aid Aid Cap•tll ex EDF 4 ! State 
I I I 
ANGOLA 6.2 -0.4 I I -0.4 5.8 
BEN IN 12.4. -0.0 -0.0 12,4 
BURKJNA FASO 25.3: -0.0 -0.3 0.9 3.3 1.8. so 10.7 36,0 
BOTSWANA 12,3 -0.4 -0.7 -0.0. 1.0! -0.2. 12.2 
BURUNDI -3.1' I -0.3 I -0 01 I -0 3 ~ ·3.4 
CENTRAL AFRICA REPUBLIC 51.9. 0 3• 00 0.3 52.2 
CHAD 26.0. 0.3. 07 1.0 I 27.0 
CAMEROON 8.71 0 31 0.3 I 9.0 
CONGO 0.7: I -0.1 I -0.1 0.1 
COMOROS 1.51 0.0 -01! -0.1 1.4 
CAPEVERDE 2.91 -0,0 0,7 -0.11 : 0.5 3.4 
DJISOUTI 2.6. ·0.2 0.3 0.11 0.2 2.8 
EQUATORIAL GUINEA 0,1 i 0.9 -0.01 0.8 I 0.9 
ERYTREA 2.5 I I I 2.5 
ETHIOPIA 44,8 1,5 0.01 1 21 0.1 2.8 I 47.6 
GABON 3.61 2.4 2.0 -0.0• 00 4.4 I 8.0 
GHANA 4.9: 6.6' I 66 I 11.5 
GAMBIA 1.4 I I 1.4 
GUINEA BISSAU 18.7 -0.0 I 0.51 1 6 2.1 i 20.7 
GUINEA 16.8: -0.0 -0.0 0.21 0.2 I 17.0 
IVORY COAST 5,7. -0.1 2 1 .001 01 21' I 7.9 
KENYA 18.21 -0.4 -0.2 I 6.0 -0.11 53. 23.5 
LIBERIA I I I -0.6 -0 1 i 0.61 -0.1' -0.1 
LESOTHO 10.2, 0.41 2.9 3.3 13.5 
MADAGASCAR 33,61 0.8 2.91 0.21 10 8' 14 7' 48.3 
MALAWI 8.9! i 0.2: I 0.2 9,1 
MAURITIUS 63 -0.3 I I I I ! -0.3! 6.1 
MAURITANIA 3.01 j 0.6 14.2 0.11 00 150· 18.0 
MALl 21.21 0.1 I -0.91 -4.7 5.7i 0 21 21.4 
MOZAMBIQUE 20.91 3.01 -1.3\ 0.0 46 6.3 27.2 
NAMIBIA 4.5 1,4 6,4 I 7.8' 12.3 
NIGER 27.3 -0.1 0,4 0.8 63 7 41 34.7 
RWANDA 5.5 ·0.5 0.6 0.2 ! 03. 5.8 
SENEGAL 4,7 0.8 0.3 I 1,11 5.8 
SEYCHELLES 0.1 0.0 i 0.0 0.2 
SIERRA LEONE 3.9 1,6 0.2 0.71 0 s. 33 7.2 
SOMALIA -1.21 I -1.2 ·1.2 
SAO TOME & PRINCIPE -0,4 0.0 I 0.0 -0,4 
SUDAN ·1.1 .o.o: I -1.11 ·1.1 
SWAZILAND 4.2 0.7 I 0,7, 4,9 
TANZANIA 24.3 0.1 3.8 I 8 4, 12.3 36.6 
TDGO 2.2 0,1 0,3 I 0.3:. 2.5 
UGANDA 18,5 10.0 0,4 0.3 I 10.7[- 29.2 
NIGERIA ·3.9 -0,0 -03 I -0.4> -4,3 
ZAMBIA 12.0 2.1 00; 2.11·- 14.1 
ZIMBABWE 5.2 -5.2 -0.7 I -5.9 : ·0.7 
ZAIRE 0.1 -0.1 -0.0 5.51 I 5.3' - 5.4 
• TOTAL AFRICA 476,7 -2,5 0,4 6,1 6,81 16,9 26,51 17,21 47.0 118.5 c. 595,2 
ANTIGUA-BARBUDA 0.7 I I 0 7 j - 0.7 
BARBADOS 0.1 -0.0 I .o.o: 0.1 
BELIZE 0.01 I I I 0.0 
DOMINICAN REPUBLIC 17.91 I I 9.31 I -00 9 31 I 27.2 
DOMINICA 0.1' I 0.1 
GRENADA 0.3[ 1.8 I 1.8 2.0 
GUYANA ·1.11 -0.31 -00. -0.3: -1.5 
HAITI 42.4 i 0.9 I 70 7.9 50.3 
JAMAICA 3.31 -0.3 I 49 I 4.6 7.9 
SAINT A LUCIA 0.11 0.0 I 00 0.1 
SURINAME 1.91 0.0 1.1 I 1.1' 3.0 
SINT VINCENT & GRENADINES 1.81 ; i 1.8 
TRINIDAD & TOBAGO 10.51 -3.4 1.3 I ·2.21 8.3 
• TOTAL CARIBBEAN 77,21 -3,7 u I 1,81 9,3 6,9· 7.0 22.9 100,1 
FIJI 0.9 I I 0.9 
KJRIBATI 0 9: I I 0,9 
PAPUA·NEW GUINEA 7.3! -17 I 0 0! 1 8 0.2 7.4 
SALOMON ISLANDS 0.4: I I -0 1; -01 0.3 
TONGA 0.1 I I -0 o: -00 ! 0.1 
TWALU 0.3: I I 0 0' 00 I 0.3 
VANUATU 1.0' i 00 I -00· 00 1.0 
WESTERN SAMOA 0.4· I I I 00 00 I 0.4 
• TOTAL PACIAC 11,2 -1.7 I 0,0 I -0,11 1.8 0,1 I 11,3 
ALL COUNTRIES I I -0.8 I 0.2 -0.91 -1.5 I -1.5 
REGIONAL COOPERATION 143.41 I 0 4) I -2.3. -1 g 141.5 
FINANCIAL & ADMINIS. EXPENSES. I I I I 1 4 1 4 I 1.4 
"TOTALACP 708,51 -7,9 1,2 6.1 7,21 18.7 36,01 20.9: 57.2 139,5 I 848,0 
MAYOTTE 0.01 I I I I I 0,0 
NEW CALEDONIA 0 41 I I : : I 0,4 
FRENCH POLYNESIA -0.11 I -0.01 -00• I -0,1 
ST PIERRE & MIQUELON J oo: 00 I 0.0 
WALLIS & FUTUNA 0.1 i I I I I : I 0.1 
• TOTAL FRENCH OCT 0,5: I I 0,0, 0.0 I 0.5 
ARUBA 0.5. I ! 0.01 00 0.6 
NETHERLANDS ANTILES 0.8i I L I -1.11 -1.1 I -0.3 
• TOTAL DUTCH OCT 1,3) I I I i -1.01 -1.0 I 0,3 
ANGUILLA 0.3: I i ! I -0 21 -0:? I 0.1 
CAYMAN ISLANDS I 0 71 -001 I ! 07 I 0.7 
MONTSERRAT 0.1: I I i I I I 0.1 
TURKS & CAICOS I 0 51 I I I I I I 0.5 
VIRGIN ISLANDS -0 01 ! I I -0.0 
• TOTAL BRITISH OCT 0,81 0,71 -0,01 I -0,2: 0.5 L 1,4 
REGIONAL COOPERATION 2.21 I I ! 2.2 
ALL COUNTRIES I I -0.0 I I I I I -0.0 ! -0.0 
"TOTALOCT 4.81 0,71 -0,0 -0,0 I I -1.2 ~ ! -0.5 : 4,3 
• TOTAL ACP • OCT 713 3' I -7 21 1 2 8 11 7 21 18.7 36,0 19 71 57.2 139.0 852,3 
164 
CUMULATIVE ENO YEAR 1997' I 7th EOF BY INSTRUMENT AND BY STATE IMECU) 12 2 Table 7 
i I ; 
PAYMENTS NIP NON NIP I l TOTAL 
I Grant Interest i Eneroenc Refuoee Risk I STABEX I SYSMIN Transfer I SAF Total I j 
State SIA:I"dies Aid Aid Capital ex EDF 4 ! I State 
I I I ! I I 
ANGOLA 16.1 I J 28.3 9,2 1.9' 39.51 : ss s 
BENIN 44.3 I 0.9 1.3i 1.51 2.51 39,1 45.4' I 89.6 
BURKINA FASO 97,0 I 0.8 7.1' 19 3; 4.& 1,7 82.9 116.5 213.S 
BOTSWANA 10.6 11,01 0.2 2.51 8.9 0.41 23.1' I 33.7 
BURUNOI 21.e I 17.1 I 245 2.41 3.9 48.0 I 75.8 
CENTRAL AFRICA REPUBLIC 20.21 i 0.2 18.2 I 2.3 99 30 51 so 7 
CHAD I 56.6 1,0 11,3, 0.21 19 Si 32.01 88.6 
CAMEROON I 44,1 0,3 0,6 24·42· I 1 4 33 6[ 280,11 I 3242 
CONGO 12.7 I I I 0.2· 6 61 6.8 I 19.S 
COMOROS 8,4 2.0: 4.3 I 0.61 6 51 13.4! I 21.8 
CAPEVERDE I 16.9 0.2 11.71 1.9 I 0.1 I 13.91 I 30.7 
OJIBOUTI I 4.31 0.4 0.51 0.41 I I 011 1.1' 2.51 I 10 8 
EQUATORIAL GUINEA 0.6 8.41 I ! 8.41 • i 30 
ERYTREA 15.5 0.7 3.6! 2.71 I I I 7.0: 225 
ETHIOPIA 50,3 5.4. 6.2 5.4 179.SI I 241 77,41 276.2: 325.5 
GABON 18.5 I 0.6 i 7.11 1.01 6.6 15.3: I 338 
GHANA 30.2 8.4 1,3 I 1.7: 50.61 6.2 87,1 1S5 2' 185.4 
GAMBIA 17.0 I 4.31 0.41 0.0 U1 8.91 I 2S.9 
GUINEA BISSAU 13.9 0.3 ! 4.6 1.31 4.2 9,SI 19.61 ! 33 7 
GUINEA 76.0 3.31 1.5 1.3 39,2 I 0 2• 3.5 23.41 72.31 1433 
IVORY COAST I 64.4 6.21 06 tsl 6.0 269.71 I 1.6 73.9! 362.1. 425 5 
KENYA I 24.6 9.5' 9.3 0.61 32.11 64 a: 121 137 5! I 162.1 
LIBERIA I 16,5 2.3' I ! I 6.3' 25.1: 25 1 
LESOTHO I 33,81 1.3 i 14.0• 3.7 1.31 21.61 41.9· 75 7 
MADAGASCAR I 60.7 I 1.41 ! 11.11 55.5, Hl 10 6, 822 I 162.9 
MALAWI I 37,3 1 1.3 14 3t 16.9 16.6 7.4i 40.31 97,01 1 134.3 
MAURITIUS 17.1 6.0! 3.8 0.3 10.1 i 27 2 
MAURITANIA I 49,4 3.51 1,4 ! 12.4 16.1 6.1 3.1 24.51 67.1! I 11S 5 
MAll I 104.1 S.OI 1.0 0.71 18.11 0.9 0.1 2.3 61.3! 69 4· 193.5 
MOZAMBIQUE I 95.1 I 5.3 21,6 26.21 3.6: 30.01 66.71 I 131 7 
NAMIBIA 29.0 5.1 0.2 I 3 4. I 20.41 29.1. I 5a.o 
NIGER 97.8 I 0.5 0.11 I 24 01 3.91 22.4• so 6; I 148 5 
RWANDA 29.2 I 24.4 0,6 41.61 0 2j '. 66.9! : 96 0 
SENEGAL 77.1 2.3 0.7 0.7 0 21 35.2 I 2.11 32.5 73.7 I 150.3 
SEYCHELLES I 41 0.91 I 0.01 I 1.0, I 51 
SIERRA LEONE 22.8 8.8 0.8 6.01 S.6 0.21 0.91 11,6 36.01 : sas 
SOMALIA 1 61 I 1 Si I 1 6 
SAO TOME & PRINCIPE 4.5 I 2.9 I 0 01 2.01 4.91 I 9.4 
SUDAN 40.4 0.11 I 40.61 I 40 5 
SWAZILAND 14,6 10,5 I 0.51 L 11.0! I 2S.6 
TANZANIA 79.0 2.8 33,0 57.7 I 1.6i 98.31 193.51 I 272.4 
TOGO 14.5 0.4 22.0 I 1.11 I 23.51 I 36.1 
UGANDA I 73.1 0,11 1.4 0.5 27,6 142 9 I 0 61 46,21 219.61 I 292.7 
NIGERIA 57.2 10.01 1,01 2.5 i 0.91 ! 14.4 : 71 5 
ZAMBIA 75.4 I 1,11 31.7 60.01 S.6l 96,41 194.61 I 270.3 
ZIMBABWE 47 6 12.8 0.6 1.11 14.2 39.1 0.11 3.71 30.01 102.4! I 150 0 
ZAIRE 2,4 J 13.6 4,5 I 4.3' I 22.31 I 24 7 
• TOTAL AFRICA 1719 5 US' 189 6 72 61 360 8 1363 7 131 81 8361 1013 o: 3299 8' I 5019,3 
ANTIGUA-BARBUDA 0.5 I 0,4 I I 0.01 L 0.4 : 09 
BARBADOS 2.6 2.01 I I I 0.5 I 2.51 I 5.1 
BELIZE 9.0 I 0.21 0.51 171 I I 3.51 ! 5 91 I 143 
BAHAMAS ! 2.81 0.51 I I I 0.2 I 0.71 I 3 5 
DOMINICAN REPUBLIC 36.41 0.2 i 12.!1 I 4.1' 22.61 39 9: 76 3 
DOMINICA I O.SI I 2.SI 27.7 I 2.11 32.4: 33 2 
GRENADA i 5.21 1 51 12.31 I 0,0 20i 15.8• I 21.0 
GUYANA I 224! 5,4; 0.01 2.61 7.71 15 7' I 36 0 
HAITI I 473' 4 0' 4.01 32.S I I 15,1 i 55.6• 102.9 
JAMAICA I 27,51 18.7 1.SI 0.11 17.21 2.5: 40.0 ~ 67.• 
ST CHRISTOPHER NEVIS ' 0.1 1.31 I 0 21 I 1,51 I 1.6 
SAINT A LUCIA ~ 0,8 2.21 0.1 0,6[ 44.5 i 0.1' I 47.Si 43 4 
SUR I NAME I 9.81 I o.s 0.21 0.21 2 31 I J 2! I 12.9 
SINT VINCENT & GRENADINES I 0.71 I I 45.1 I 0 o: I 4S.11 I 45 3 
TRINIDAD & TOBAGO I 7.61 I 10.91 3.11 I I 0 6' •. 1i 19 01 25 6 
• TOTAL CARIBBEAN I 173 6 ~81 4,51 1 01 ~61 162 11 4,4, 27 4! S6J: J2S,O' 498.6 
FIJI 11.2• 1,31 1,01 I I I 0.9: I 3.1' 143 
KIRIBATI I a I l I I 0.61 I 0 2• I 0 6t 3 5 
PAPUA·NEW GUINEA I 27.0 4 Si 0.11 0.3! 79.6i 2.51 19 0' 106.0 133 0 
SALOMON ISLANDS I 6.9 L : 0.61 6.61 I 0.5 I 7.91 14 e 
TONGA ! 0.4 0.4' I 0.21 2.0 I 0.21 I 2.9: 3 2 
TUVALU i 1,1 I I 0.01 ; I 0 o: 11 
VANUATU I 5.71 I I 27! 0.11 I 23• as 
WESTERN SAMOA I -2.51 l 0.31 I 1.5 s.a I 0.01 75; 10 1 
• TOTAL PACIFIC 57 51 I 6 1' 1 41 I 271 97 5 4,4: 190 1)1 1 188,6 
All COUNTRIES I i 9.5' 1S6.3 i 6.0: I s.s· I 2214 221 4 
REGIONAL COOPERATION 521.6: 86 I 12.0: I 35.51 I 56 2' 577 3 
FINANCIAL & ADMINIS. EXP!:NSES. I i I I 0 41 26i 3.0 3 0 
• TOTALACP : 2472 41 I 143 7 393,7 736[ 41811 162J 31 136,1' 1 57,0! 1090 9 40J6,S 6508.9 
MAYO nE I 5.41 i 0.51 I 2.91 I 3.4· ea 
NEW CALEDONIA I 7.51 I 0,61 0.31 I s 0· I o o· 0.71 6 6 141 
FRENCH POLYNESIA 3.6 0 81 I 3.51 09 I 1.01 I 6.1. 9 7 
ST PIERRE & MIOUELON ' 3.0 I I i 30 
FRENCH ANTARTIC TERRITORIES I 0,0 ! I I 0.0 
WALLIS & FUTUNA I 2,1 i 0.1 I 0 0! 0 1' 2 2 
• TOTAL FRENCH OCT I 21 7 1): 08 11 41 0 91 0 01 1 7 I 16 2' 379 
ARUBA I 4,3 011 I I 00 I 0.1' I 4 4 
NETHERLANDS AN TILES I 3.9 07_1 I 2.21 I 2.9i 6 3 
• TOTAL DUTCH OCT I 82 0 81 I 2 21 I 3 0• I 11 2 
ANGUILLA 1,11 ! I I i 1.6 
CAYMAN ISLANDS I 0.51 011 I I 06 os 
FALKLAND ISLANDS I 0.61 5 11 0.0 5.71 I s 7 
MONTSERRAT ; 0,0 I 0 0[ O.Oi ~ 00 
SAINTE HELENE 0.9 I 0.01 0.01 I 09 
TURKS & CAICOS 0.4 I 0.1 0.1 I 0.4 
VIRGIN ISLANDS I 0.0 0,1 1,1 I I 1 2 I 1 3 
• TOTAL BRITISH OCT I 31 t 2 Of 11 Stl 0 t 76 ! 10 7 
REGIONAL COOPERATION S.7 I 0.4 0 4' i 6.1 
All COUNTRIES I 01 0,1 : 01 
• TOTALOCT I 317 33 0 ,. 0 t 12 S' 60 00 45 27 '· I 661 
• TOTAL ACP • OCT 2511 t I 1471 394 6 737 430 6 1629 3 1361 161 5 1090 91 4063' 657S 0 
165 

3 OTHER MANAGEMENT INFORMATION 
167 
3.1 SITUATION OF "SLEEPING" COMMITMENTS 
The table below shows the "sleeping" commitments by appropriation for the 6th and the 7th EDF. A commitment is 
considered sleeping, if during a period of 18 months before December 31, 1997 no new contracts have been concluded or 
no payments made on contracts open at December 31. Also included below are commitments not identified by this 
method, but which appear to be blocked or suspended. 
"Sleeping" commitments are grouped into three categories: projects that should remain open, projects to closed ·and 
projects, where the status is unknown. The figures below show the outstanding balance, ie the difference between the 
commitment and the p~yments made. 
(ECU million) 
Appropriation 
Programmable aid {1) 88,15 55,75 {a) 18,61 13,79 (d) 162,61 129,12 (e) 17,44 16,05 
SAF 0,00 33,93 33,73 (f) 0,15 0,05 
Emergency aid -0,05 -0,05 2,70 0,99 0,57 1,14 
Aid for refugees 1,69 0,57 1,11 1,72 1,40 0,33 
Stabex 0,00 147,02 147,02 (g) 
Sysmin 20,43 20,43 (b) 0,15 0,15 
Interest-rate subsidies 0,00 19,07 19,07 (h) 
Risk capital 1,88 1 ,58 (c) 0,30 58,81 58,81 m 
I Total 112,101 78,33 19,98 13,79 426,011 390,14 18,30 17,57 
1,49% 1,04% 0,18% 4,13% 
(1) Grants, special loans, unexpended balance of previous EDFs. 
_ Of the 4500 MECU outstanding commitments, it is estimated that 640 MECU will not be paid out. The greater part of 
this amount (7,5% of the amount originally committed) represents contingency reserves which will not be used. 
NOTES 
6th EDF balances consist of: 
(a) Programmable aid projects to remain open: 
-two commitments in the roads sector in Rwanda suspended because of the situation there 
-one commitment in the roads sector in Angola suspended because of the civil war 
-two commitments for regional programmes 
-one commitment in the roads sector in Togo 
-one commitment in Burundi, now reactivated after court case 
-one commitment in the SME sector in Jamaica 
-one commitment in the health sector in Kenya 
-one commitment for a sectorial import programme in Ethiopia 
-one commitment in the rural develoment sector in Barbados slow in implementation 
-one commitment in the urban development sector in Djibouti: 
- a microproject programme in Kenya undergoing audit 
-sundry smaller projects 
168 10,96 
8,13 
5,27 
3,82 
3,80 
2,90 
1,67 
1,65 
1,07 
1,07 
1,00 
14,41 
55,75 (I) 
SITUATION OF "SLEEPING" COMMITMENTS -Notes (cont'd.) 
b) Sysmin projects to remain open: 
One commitment of originally ECU 18 million to Papua New Guinea whose implementation is slow 
with a remaining uncommited balance of ECU 4,7 million and one commitment of ECU 15.7 million to Togo 
that has been blocked because of the political situation there, but which is due to begin in 1998. 
c) Risk capital projects to remain open: 
One project in Rwanda (ECU 1.58 million) 
d) Programmable aid projects status unknown: 
One project in Sudan (ECU 4 million) and one project in Congo (ECU 2,3 million) 
7th EDF balances consist of: 
e) Programmable aid projects to remain open: 
-o1e transport infrastructure programme in Ghana 
-one structural adjustment programme in Zimbabwe blocked because the country is "off-track": 
-one project of renewing of the road between Seme and Porta Novo 
-one family health programme in Kenya 
-one university libraries project in Nigeria 
-one project with the local finance ministery in Burundi 
-one structural adjustement supporting program in Zimbawe 
-one project in Ethiopia (special loan with ongoing scholarships). 
-rehabilitation Cahora-Bassa South Africa _electrical transmission line in Mozambique 
-purfication of waters in Sierra Leone 
-one commitment in the road sectors in Guinea currently blocked 
-one project of cultural cooperation in Mozambique 
-one project for the construction of the road between Gitarma and Kibuye jn Rwanda 
-one project to help the installation of young agriculturists in New Caledonia 
-one project to reinforce the supervision system (Djibouti-regional program) 
-sundry smaller projects 
f) Structural adjustment projects to remain open: 15,50 
15,00 
12,00 
11,45 
11,18 
7,80 
6,00 
5,65 
5,00 
4,49 
3,00 
2,50 
2,55 
2,30 
1,99 
22,71 
129,12 
One commitment blocked for political reasons (Gambia: ECU 2 million ) and wo commitments blocked 
because the ACP States concerned are "off-track" (Zimbabwe: ECU 6 million and ECU 15 million). 
g) Stabex projects to remain open : . 
All Stabex transfers blocked at the end of 1996, incl. ECU 103.8 million for Sudan, ECU 31.0 million 
for Burundi and ECU 5.4 million for Sierra Leone. 
h) Interest rate subsidy projects to remain open: 
One regional project (ECU 5.3 million) and 3 commitments for Papua New Guinea (ECU 3.3 million), 
Mauritius (ECU 2.7 million) and Cameroon (ECU 1.7 million). 
j) Risk capital projects to remain open: 
including Commitments for Ethiopie (ECU 15,7 million) Cameroon (ECU 12.5 million) 
Namibia (ECU 3 million) Papua New Guinea (ECU 1.7 million), Sac Tome and Principe (ECU 5,6 million), 
Guyana (ECU 7,8 million) and 3 regional projects (totalling ECU 5,2 million) Mozambique (ECU 3 million). 
I) Programmable aid projects with unknown status: 
Three commitments totalling ECU 7,3 million in Rwanda and Zaire blocked because the 
political situation of the countries 
169 
3.2 LOCAL REVENUE AND EXPENDITURE TO BE REGULARIZED 
Revenue and expenditure on paying agent accounts still to be entered in the 
authorizing officer's accounts at the end of the 1997 financial year (by beneficiary country) 
At the date of publication of the financial statements, the vast majority of the revenue and 
expenditure in question has been recorded in the accounts of the projects concerned. 
(ECU '000) 
Country Revenue/expenditure Total 
pre 1997 during 1997 
in the ACP States 2.391,3 8.569,5 10.960,8 
ANTIGUA AND BARBUDA 31,6 0,8 32,4 
BARBADOS 32,1 23,4 55,5 
BEN IN 21,7 580,0 601,7 
BURKINA FASO 85,9 837,8 923,7 
CAMEROON 539,8. 343,1 882,9 
CAPE VERDE 108,1 108,1 
CHAD 70,3 352,3 422,6 
COMOROS 20,9 -0,1 20,8 
CONGO 2,3 176,2 178,5 
DJIBOUTI -144,6 -144,6 
ETHIOPIA 17,9 17,9 
GABON 318,8 318,8 
GHANA 33,2 189,2 222,4 
GUINEA 210,2 1.181,5 1.391,7 
GUINEA-BISSAU 106,0 106,0 
IVORY COAST 868,0 1.231,7 2.099,7 
MADAGASCAR 275,1 275,1 
MALAWI 135,5 135,5 
MALl 187,0 187,0 
MAURITANIA 38,1 38,1 
MAURITIUS -109,6 -39,2 ,, -148,8 
NAMIBIA 158,0 158,0 
NIGER 94,9 -94,9 
NIGERIA 9,0 12,3 21,3 
PAPUA NEW GUINEA 31,3 31,3 
RWANDA 20,5 20,5 
SAINT LUCIA 33,8 3,2 37,0 
SAINT VINCENT AND THE GRENADINES 112,6 112,6 
SAO TOME & PRINCIPE 2,9 2,9 
SENEGAL 1,5 112,2 113,7 
SEYCHELLES 59,0 59,0 
SURINAM 7,8 7,8 
TANZANIA 43,7 -18,9 24,8 
TOGO 166,6 166,6 
TRINIDAD AND TOBAGO 4,8 4,8 
VANUATU 7,4 4,9 12,3 
ZAIRE 6,2 6,2 
ZAMBIA 760,0 760,0 
ZIMBABWE 8,2 74,1 82,3 
Other ACP (regional, etc.) 365,8 1.154,0 1.519,8 
in the OCT 201,9 167,3 369,2 
Other (1) 3.400,6 3.400,6 
TOTAL 2.593,2 12.137,4 14.730,6 
Situation at 31.12.1996 33.841,41 
Annual change -56,47%1 
( 1} Mainly items booked by local paying agents. concerning which the Commission had not received information 
at the date of the annual closing of the accounts, 
3.3 ADVANCES FOR STUQY AWARPS AND TECHNICAL ASSISTANCE CONTRACTS AT 31.12.1997 
Advances are paid to Commission delegations and agencies in Member States administering study 
awards and technical assistance contracts on behalf of the Commission. These advances are cleared 
regularly, when expense reports are received, and replenished based on the volume of study awards 
and technical assistance contracts handled. 
The amount of outstanding advances at the end of 1997 and 1996 respectively is shown below. 
December 31 December 31 
(Amonts in ECU '000) 1997 1996 
STUDY AWARDS 8·.os2,1 10.504,3 
Commission Delegations 5.165,0 4.318,3 
BURKINA FASO 75,7 75,7 
CAMEROON 187,9 97,0 
CHAD 55,3 78,1 
COTE D'IVOIRE 2.132,1 1.453,3 
MALl 135,5 120,4 
NIGERIA 248,1 248,1 
RWANDA 64,2 64,2 
SENEGAL 334,8 300,2 
SWAZILAND 222,0 182,2 
TANZANIA 720,8 659,5 
UGANDA 136,2 136,2 
ZIMBABWE 340,3 381,2 
OTHER COMMISSION DELEGATIONS 512,1 522,3 
Member State agencies 2.887,1 6.186,0 
BELGIUM I AEC * 46,8 131,6 
DENMARK I UNDERVISNINGS MINISTERIET 39,1 39,1 
FRANCE I CIES 775,7 823,6 
GERMANY/COG 355,8 984,4 
IRELAND /IRISH COUNCIL 6,5 28,2 
ITALY /ICT 0,0 78,9 
ITALY I CONICS 22,7 22,7 
NETHERLANDS I NUFFIC 437,6 539,7 
PORTUGAL /INSTITUTO DA COOPERA<;AO PORTUGUESA 520,4 1.020,2 
UK I BRITISH COUNCIL 682,5 2.517,6 
TECHNICAL ASSISTANCE 9.855,0 9.108,4 
AEC * 9.855,0 9.108,4 
TOTAL 17.907,1 19.612,7 
• In February 1997 a posting error between the AEC scholarship and AEC Technical assistance figures at December 31, 1996 
was discovered. The above figures have been corrected. 
171 
3.4. ADVANCES ON CONTRACTS AS AT 31.12.1997 
Many contracts provide for payments of advances before the commencement of works, 
deliveries of supplies or the provision of services. Sometimes the payment schedules of 
contracts foresee payments on account on the basis of progress reports. In accordance with 
the Financial Regulation both payments on account and advances are treated as expenditure 
on projects in the annual accounts of the EDF. 
Advances, which normally are paid in the currency of the country or territory, where the project 
is executed, are however kept separate in the accounts to allow them to be cleared. The table 
below summarizes outstanding advances at the end of the year. Conversion into ECU is made 
using the official exchange rate at December 31, 1997. 
(ECU million) . 6th EDF 7th EOF TOTAL 
Grants 117,28 277,29 394,57 
ACP 115,46 272,17 387,63 
OCT 1,82 5,12 6,94 
Special loans 10,23 10,23 
ACP 10,05 10,05 
OCT 0,18 0,18 
PROGRAMMABLE AID 127,50 277,29 404,80 
ACP 125,51 272,17 397,68 
OCT 2,00 5,12 7,12 
SYSMIN 6,47 17,63 24,10 
ACP 6,47 17,63 24,10 
OCT 0,00 
Aid for refugees 1,21 6,88 8,09 
ACP 1,21 6,88 8,09 
OCT 0,00 
Emergency aid 1,45 4,35 5,79 
ACP 1,45 4,35 5,79 
OCT 0,00 
NON-PROGRAMMABLE AID 9,13 28,86 37,99 
ACP 9,13 28,86 37,99 
OCT 0,00 0,00 0,00 
Unexp. balance 1st-5th EDFs 3,47 30,31 33,79 
ACP 3,47 30,75 34,22 
OCT 0,00 -0,44 -0,44 
TOTAL 140,11 336,47 476,57 
ACP 138,11 331,79 469,89 
OCT 2,00 4,68 6,68 
Note: Under structural adjustment programmes some payments are considered advances until 
confirmation of the proper use of the funds by the recipient state is received. Those payments 
are not included above, since they do not represent advances in the same sense as the above · 
summarized advances on contracts.