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
Date: 1998-07-14
Institutions: Directorate-General for Budget, European Commission
Subjects: European Development Fund, balance sheet, financial year, publication of accounts

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 
PROGRAMME ......................................................... ~ ............................................... 43  . 

COOPERATION 

REGIONAL 

THE 

OF 

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 

2 

STRUCTURAL  ADJUSTMENT  PROGRAMMES  FINANCED  FROM 
THE 6TH EDF AS PART OF LOME IV STRUCTURAL ADJUSTMENT ........... 58 

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 
REVENUE  AND  EXPENDITURE 

APPLICATION  OF  FUNDS, 
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 -
7TH  EDF ................................................................................................................... 124 

6TH  AND 

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. 

fourth  Lome  Convention 

IV  his), 
revised 
ratification  procedure  under  way;  Council  Decision  of 25 
July  1991  on  the  association  with  the  OCT,  ratification 
procedure under way. 

(Lome 

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) 

(2) 

(3) 

Direct, payment  :  payment  made  directly  by  the  Commission  headquarters 
without prior approval by the NAO (e.g.  Stabex and structural adjustment). 

Local payment : payment of an amount in local currency at the request of the 
NAO and the Delegation by the local paying agent. 

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 
in  the 
1980s,  typically  in  the  form  of  across~the-board  structural  imbalances  .-
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 
Structural  adjustment  is  generally  financed  with 
reestablish  these.  balances. 
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) 

Aggregate at end 
1997 

Annual total 
1995 

Annual total 
.  1996 

Annual total 
1997 

Aopropriation (a) 

6th EDF 

7th EDF 
of which  advance  against 
8th EDF 
TOTAL 

7 921.6 (b) 

11  825.3  (c) 
110.7  (e) 

19 746.9 

Net commitments (financing decisions less decommitments) 

6th EDF 

7th EDF 

of which  advance  against 
8th EDF 

TOTAL 

of which  advance  against 
8th EDF 

7 533.6 
(95.1 %) (d) 
10318.5 
(87.3%) (f) 
110.1  (e) 

17 852.1 
(90.4%) (g) 
110.1  (e) 

Net pavments (oavments less amounts recovered) 

6th EDF 

7th EDF 

of which  advance  against 
8th EDF 

TOTAL 

of which  advance  against 
8th EDF 

6 777.6 
(85.6%) (d) 
6 575.0 
(55.6%) (f) 
94 (e) 

13 352.6 
(67.6%) (g) 
94 (e)  . 

45.6 

-53.0 

1 474.5 

1 017.9 

1 520.1 

964.9 

268.2 

199.1 

1 295.5 

1 118.3 

1 563.7 

1317.4 

20 

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, 
decommitments. 

i.e. 

the  difference  between  commitments  and 

23 

6th EDF 

7th EDF 

Commitments  Decommitment  Commitments (net)  Commitments 

Grants 
p 
Incl. structural adjustment  . 

OCT 
Special loans 
ACP 
OCT 

Stabex 
ACP 
OCT 

Interest-rate subsidies 

p 
OCT 
Aid for refugees 
ACP 
OCT 
Emergency aid 

p 
OCT 
Risk capital 
ACP 
OCT 
NON-PROGRAMMABLE AID 
ACP 
OCT  . 
Unexp. bal. 1 st-Sth EDF 
ACP 
OCT 
TOTAL 
ACP. 
OCT  · 

Commitments  Decommitment  Commitments (riet) 

76.306.374,86 
74.698.175,98 
0,00 
1.608.198,88 

76.306.374,86 
74.698.175,98 
1.608.198,88 

-36.596.419,25 
-35.984.519,46 

-611.899,79 
-10.982.819,39 
-10.972.631,51  · 

-10.187,88 
-47.579.238,64 
-46.957.150,97 
-622.087,67 

39.709.955,61 
38.713.656,52 
0,00 
996.299,09 
-10.982.819,39 
-10.972.631,51 

t 
-10.187,88  t· 

28.727.136,22 
27.741.025,01 
986.111,21 

427.867.231,59 
-72.012.106,67 
423.070.980,12 
-70.678.019,45 
48.500.000,00 
-11.241,12 
4.796.251 .~7 
-1.334.087,22 
r. 
· · ~:·  . · 
' 
t;  . -.  ~;.  ,·  .~ 

··  . 
;  ' 
~ 

.Jl. 

,. 
427.867.231,59 
423.070.980,12 
4.796.251,47 
41.050.000,00 
0,00 

211.297,06 

211.297,06 

211.297,06 
0,00 
211.297,06 
-541.300,45 
-541.300,45 

-496.824,57 
-496.824,57 

-541.300,45 
-541.300,45 

-496.824,57 
-496.824,57 

85.643,23 
85.643,23 

-3.217.793,76 
-3.217.793,76 

-3.132.150,53 
-3.132.150,53 

168.150.000,00 
165.673.000,00 
2.477.000,00 
5.211.043,72 
4.511.043,72 
700.000,00 
2.529.331,00 
2.329.331,00 
200.000,00 
7.425.106,62 
7.425.106,62 

-336.117,38 
-336.117,38 

-336.117,38 
-336.117,38 

15.700.000,00 
15.700.000,00 

296.940,29 
296.940,29 

-4.592.036,16 
-4.592.036,16 

-4.295.095,87 
-4.295.095,87 

1.278. 762,96 
1.245.424,47 
33.338,49 
77.882.078,11 
76.240.540,74 
1.641.537,37 

-1.494.644,28 
-1.494.644,28 

-53.665.919,08 
-53.043.831,41 
-622.087,67 

-215.881,32 
-249.219,81 
33.338,49 
24.216.159,03 
23.196.709,33 
1.019.449,70 

24 

199.015.481,34 
195.638.481,34 
3.377.000,00 
37.848.041,83 
· 37.811.380,32 
36.661,51 

-23.256.802,96 
-23.245.779,39 
-11.023,57 
-18.394.422,98 
-18.394.315,50 
-107,48 
705.780.754,76  -114.011.640,58 
697.570.841,78  -112.666.422,31 
-1.345.218,27 

8.209.912,98 

·-- ·~  : .. ~:._. 
-72.012.106,67 
-70.678.019,45 
-1.334.087,22 
-348.307,97 

-12.816,00 
-12.816,00 

-11.968.156,09 
-11.968.156,09 

-300.697,82 
-299.807,36 
-890,46 
-8.664.316,67 
-8.654.183,56 
-10.133,11 
-2.310.816,38 
-2.310.816,38 

I  TOTAL 

·_: 
.~.:-:  ~  . . . . .  ·~· 

48.488.758,88 
3.462.164,25 

3.462.164,25 
40.701.692,03 
0,00 
0,00 

355.855.124,92  395.565.080,53 
352.392.960,67  391.106.617,19 
48.488.758,88 
4.458.463,34 
-10.982.819,39 
-10.972.631,51 
-10.187,88 
355.855.124,92  384.582.261,14 
352.392.960,67  380.133.985,68 
4.448.275,46 
40.701.692,03 
0,00 
0,00 
0,00 
168.137.184,00  168.348.481,06 
165.660.184,00  165.660.184,00 
2.688.297,06 
-7.298.412,82 
-7.998.412,82 
700.000,00 
1.731.808,61 
1.532.699,07 
199.109,54 
-4.371.360,58 
-4.361.227,47 
-10.133,11 
13.053.066,24 
13.053.066,24 
0,00 
175.758.678,38  171.463.582,51 
172.392.701,95  168 .. 097.606,08 
3.365.976,43 
19.237.737,53 
19.167.845,01 
69.892,52 
591.769.114,18  615.985.273,21 
584.904.419,47  608.101.128,80 
7.884.144,41 

2.477.000,00 
-6.757.112,37 
-7.457.112,37 
700.000,00 
2.228.633,18 
2.029.523,64 
199.109,54 
-1.239.210,05 
-1.229.076,94 
-10.133,11 
13.389.183,62 
13.389.183,62 
0,00 

3.365.976,43 
19.453.618,85 
19.417.064,82 
36.554,03 

6.864.694,71 

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) 
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). 

largely  offset 

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: 

Risk Capital: 

Grants: 

STABEX: 

SYSMIN: 

Structural Adjustment: 

. Emergency Aid: 

Aid to Refugees: 

Interest-rate subsidies: 

NIP: 

Regional Cooperation: 

ACP 
OCT 

ACP 
OCT 

ACP 
OCT 

ACP 
OCT 

ACP 
OCT 

ACP 

ACP 
OCT 

ACP 
OCT 

ACP 
OCT 

ACP 
OCT 

ACP 
OCT 

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 

<a> of which: 

- Centre for the Development of Industry 
-Regional trade promotion 
. -Joint Assembly 
-Institutional support 

73.0 
85.0 
4.0 
80.0 

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 
unallocatedlunused under previous Funds: 

the  8th  EDF 

financing  comes 

from 

resources 

- 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 

Eritrea 
Ethiopia 
Gambia 
Guinea 
Guinea Bissau 

Angola 
Benin 
B urkina F aso 
Burundi 
Cape Verde 
Central African 
Republic 
Chad 
Comoros 
Djibouti 
Equatorial Guinea  Madagascar 

Haiti 
Kiribati. 
Lesotho 
Liberia 

Malawi 
Mali 
Mauritania 
Mozambique 
Niger 

Rwanda 
Solomon Islands 
Sao Tome & 
Principe 
Sierra Leone 

Somalia 
Sudan 
Tanzania 
To go 
Tuvalu 

Uganda 
Vanuatu 
Samoa 
Zaire 
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 
to finance the 8th FED). 

of unallocated grants (of which ECU 26  million earmarked 

ECU 7.2 million 
financial expenditure. 

of  EDF  interest  transfers  to  finance  administrative  and 

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 
ECU 20.6 million in special loans). 

for  the  NIPs  of the  OCT  (ECU  46.3  million  in  grants  and 

ECU 10.0 million 
ECU represented grants. 

for  the  OCT regional  cooperation programme  all  of which 

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 
· financial expenditure 

of  EDF  interest  transfers  to  finance  administrative  and 

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 
commitments - NIP 

Aggregate 
commitments- Non 
NIP 

112.0 

45.7 

41% 

90.4 

81% 

InECU 
million 

As% of the 
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 
the  National  Health 
sectoral ·  policy  with 
Development Programme. 

implementation  provisions 

for 

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. 

Aggregate 
commitments- NIP 

Aggregate 
commitments - Non 
NIP 

40.6 

80% 

. 7.3 

14% 

7th EDF 

NIP 

51.0 

InECU 
million 

As o/o  of the 
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 
commitments- NIP 

Aggregate 
commitments- Non-
NIP 

12.5 

InECU 
million 

As o/o  of the 
NIP 

5.8 

46% 

9.1 

73o/o 

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 
commitments - NIP 

Aggregate 
commitments- Non 
NIP 

50 

0 

0% 

26.7 

53% 

InECU 
million 

As% of the 
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 
commitments- NIP 

Aggregate 
commitments- Non 
NIP 

365.0 

InECU 
million 

As% of the 
NIP 

Solomon Islands 

123.6 

34% 

15.5 

4% 

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 
commitments - NIP 

Aggregate 
commitments -Non 
NIP 

20.9 

15.1 

72% 

11 

53% 

InECU 
million 

As o/o  of the 
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 
commitments - NIP 

Aggregate 
commitments -·Non 
NIP 

83.6 

73.2 

88% 

46.0 

55% 

InECU 
million 

As% of the 
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 
livestock  and  agriculture,  rehabilitation  of  physical 
like 
infrastructure.and institutional reconstruction. 

6th EDF 

NIP 

Aggregate 
commitments - NIP 

Aggregate 
commitments -Non 
NIP 

159.3 

142.8 

90% 

31.3 

20% 

InECU 
million 

As% of the 
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 
commitments - NIP 

Aggregate 
commitments -Non 
NIP 

142.0 

0 

0% 

146.6 

103% 

InECU 
million 

As% of the 
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 
commitments- NIP 

Aggregate 
commitments -Non 
NIP 

68.0 

InECU 
million 

As% of the 
NIP 

19.8 

29% 

25.1 

37o/o 

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. 

Aggregate 
commitments -Non 
NIP 

7.3 

14% 

7th EDF 

NIP 

Aggregate 
commitments - NIP 

51 

InECU 
million 

As% of the 
NIP 

-

40.6 

80% 

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)  ___ ,, 
Total RIP 

:~  ~i :?-~:: / ~:.' :922~2 -~  ~:·~::::~~~,:~-i~:~f~8,~~:4 ~ 

•  Southern Africa 
•  Central Africa 
•  Western Africa 
•  Eastern Africa 
•  Indian Ocean 
•  The Caribbean 
•  The Pacific 
•  French OCT 
•  Dutch OCT 
•  British OCT 
•  U nallocated OCT reserve 

133.0 

74.9 

203.0 

203.3 

25.6 

71.1 

39.0 

4.1 

4.1 

1.5 

0.3 

129.6 

74.8 

202.0 

192.0 

25.6 

60.3 

38.9 

1.4 

2.8 

1.0 

All ACP States budget 

162.3 

160.9 

El~ target  :-

.--

· . 

..-.... -'" 

f 

• 

Interest rate subsidies 

•  Risk Capital 

•  Loans financed by own resources (non EDF) 

'  '~ ."" ... ~ 

,' 
... ~  . 

'78.3 

1.0 
55.5 

12.4 

43 

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. 

·Commission target.(grants and _special loans) 

, 

•••  ·~  •• 

: 

• ', 

• 

• •  • 

... 

• 

• 

• 

< 

..... 1136.5 

'1  082.~ .. 

Allocations  Aggregate 

(million ECU) 

commitments 

Target_~yerrun .·: 
-r~t~~-:(/~;:~~;-::::. :;_.  . 
Total RIP 

•  Southern Africa 
•  Central Africa 
•  --Western Africa 
•  Eastern Africa 
•  Indian Ocean· 
•  The Caribbean 
•  The P~cific 
•  French OCT 
•  DutchOCT 
•  British OCT 
•  U nallocated OCT reserve 

129.0 

84.0 

228.0 

199.0 

30.0 

105.0 

35.0 

25.0 

5.4 

4.0 

2.1 

128.1 

83.9 

202.8 

144.3 

29.9 

90.1 

30.5 

24.9 

4.4 

3.4 

1.5 

All ACP States budget 

351.9 

338.9 

.·..  . :: f ·zr:>; . ':.'}<  :~ :'j~'I)3S,;~.  .:_,_~_:_:_·~.·. ·_.:..' 

...  . ·. ·. ·. ··;,: :·,:;.~~;?:.  7I~n.~~t;~; .. -~t-_;(:2 :;:l79,:i: 

__ ·.;;_f_v_.:.':.~.!_.·,:_~_~!:_:_·_ .. ·_:_.~_~~~-~-:.:_·_· .. ~~--.. ~)-~.:_·;_.~_.:_-~-_:· 

25.5 

53.2 
101.0 

·~~. !~rg~t . :;;;' ;· ;.  /;·-~.;  ':" •• • . . . . .  : .··~ 
•~:~e:t'.~}~.~%~~'K:~I1T!'~'·i ·_:~;~:;~· ·· 

• 

Interest rate subsidies 

•  Risk Capital 

•  Loans financed by own resources (non EDF) 

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. 

The classification is as  ~sed by  the OECD (DACcodes). The first table gives 

Some projects have not yet been classified are grouped under 

the last heading "unallocated/unspecified").  Most of these are 1997 

projects.  Consequently, the second table (aggregate figures) gives 

the  1997 figures (6th and 7th  EDFs) while the second gives the aggregate figures. 

a more accurate picture of the purpose of the aid. 

Sector classification of aid 

Negative figures represent decommitments. 

SECTOR 

(Amounts in  MECU) 

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 
[__- --- ---- --- . --- --·------- !~! ~-~-- ---- . - ---·--- --- --·-. 

Annual Decisions 1997 

Annual Contracts 1997 

Annual P11ymcnts  1997 

EDF6 

EDF 7 

Total 

EDF 6 

EDF 7  !  Total 

-

·-

--

----. 

0,07 

---------

( 1,61) 

(1,54) 
~---- - - - - - - - -
(1,12) 
(4,24) 
3,12 
...  -
-
··2.ool 
2,oo 
o,oo 
- ----- ·- ------------
(2.54) 
(I ,57) 
( 4,11) 
24.29  ------~~-2~86 ----- ----~3·7~15t··· 
(1~~~~)1 

~~~}: - -~~~:~~~ 

(0,32)1 
--
10,84 

(0,01) 

0,06 

(4,00) 

(0, 13) 

(0,21) 

15,02 

-- --o:o61

-- · 

0,24 

(7,90) 

99,28 

(0,53) 

25,86 

0,05 

0.30 

(11,90) 

99,15 

~·~~ 
2,18 
2,14 

~.95  ---
5,46 

16,69 

38,94 

(0,40) 

0,27 

(0,03) 
1,61 

9,32 

6,20 

I 
I 

I 
I 
. . i . . 

~--

1 

2,84 

() ,48) 

3,51 
--<il.o9)  ---------7.44  ------("1'3~-65>- ------5:91· 
9,82 

89,38 

89,38 

0,00 

1,36 

0,31 
(2.68) 

0,87 
----_-(~2)  ---

1,18 
_·  -(9~70)1 

1,60 
(0,90) 

13,64 
24,22 

··--

-

- - - - - - - - -

105,95 
591,77 

- --- -

119,591 
615,99 

-

-

-

5,17 
109,12 

--

. 

--------·- ·--------------------- ---------------------- --------- -

EDF 6  ! 
_____ 5,4~1-
6,971 
2,39 
l 
- 6,10! 
~.701 
9,241 

27,841 
3,85 i 
i 
. 
9,67: 

0,18:-
0,19t 
I 
28,21 : 
! 
3,25: 
·6,98 i 
-l 
35, 17j 

.  __ 38,74 
38,22 
6,02 

15,74 
34,09 

36,31 

273,31 

3,12 

12,04 

1,17 
1,85 

75,83 

59,74 

23, t3: 

84,85; 

-----

-!-----

186,751 

12,89; 

_ 

21,34: 
I 
(1.68>; 
so.s51 
96-1,42!  . 
--·-

5,84: 
' 
o.ooj 
1,891 
. .. i"7J,84  . 
-- ------------ --· 

---------

EDF7 

--

l 
I 
39,941 
I 
26,34! 
5.4i 
--
i 
41,72; 
-- .,. 
- -
19,94l 
.  ( 
24,44! 
-
I 
181,05! 

. 

Total 

45,42 

33,31 

7,86 

47,821 
·_  ~~.~~~ 
33,681 
208,89 

- _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, 

I 

--·· 

~t~:l 
2~::~j 
'iH{

37,41 

1 

184,41 

190,81 

31,30 

8,86 

31,29i 

~~-~~~~~~L 

_1:21~~ 

_3_~~·-2! 
36,04! 
3,88! 
.. ·j 
.  14,79,. 
28,631 

19,621 

234,37 

3,52! 
.  1-
11,77! 

l,20i 
0,24; 
·  I 
66,51 ; 
l 
53,54! 

.. 

) 9,62l 
----··-
78.88! 

176,931 

19,74! 
(0,78)! 

-

45,681 
852,30 
l 

I 

·.'.-• 

48 

I---

-- .. 

SECTOR 

(Amounts in  MECU) 

- ---

--.---

EDUCATION 
HEALTH 
POPULATION  PROGRAMMES 
--
. 
WATER  SUPPLY AND  SANITATION 
GOVERNMENT AND CIVIL SOCIETY 

- -

--

I 

--

-

--

. -

- -

- .. --- -

I OTHE~{- SO~_I_i_\~ _I.NFRAS~I'RUCTURE 

TRANSPORT AND  STORAGE 
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 

------·  ------- ....  -- ---·  ---- --

---------- ..  -----.  - ---- -----

-- ----------

----. 

---

. - -

- --

--

- -

--

-

-

-

-

-

-

--
TOTAL 
- - - - - - - . --------- -- --- ------- . ---

--- ---- -

.. 

---- -·-- -------------
Cumulative Decisions 
.  -·--··------ ---·-
EDF 7 
--27"9~4·f  - -- 479)7 

Total 

EDF6 

200,361 
·13-f:69 

Cumulative Contracts 

EDF 6 

EDF 7 

Total 

Cumulative Payments 

!-
i  EDF 6 
1 

1 
:  EDF 7 

181,22 
----f1-4.n ___  -44-6:46  -----1-16-:-94 
-- -8:501 
-f29)3i. 
- ···- - _,_ 
39,43, 

7'7,391 
444-."13i 
:  ~~4~131 
. 
---
283,481 
283,48 

62,03 f 
308,67 -
220,81 
343,23 
- .... -
1.257,86 

-

I 

462,711 
2.349,421 

-90,551 
1.037,941 

239,841 

103,981 

~}~:~~~-. 
149,53 
8,78 
-583,48 

703,471 
_ I58,47 
11,55 
-- t.-S00,04 

270,451 
8,59 
1,92 
841~-17 

189,73 
-----163-.97 

370,95
·-2-so,9-i 

- 43,581 
i57,oi!· 
: 
94,961 

52,08 
386,80; 

134,39 

149,12: 
877,271 

102,631 

371,101 
148,34 

1~171 
417,77! 

239,67 
1.915,21 

206,61 

641,55 
156,93 
3,09 
1.258,94 

171,051 
- ~-o9.-12!:-
6,361. 
124,23!-
: 
35,20; 

. 64,17: 
943,29! 

94,44! 

246,88 
·  8,56 
0,27 
803,01 I 

8,94 
2,77 
916.~56 

~~~~~~  : J~~:~ -~'f~!~~~ 

~~~::~  -:~:~:~lj 

~~~:~~  3~H~! 

130,81 
107,421 

- :26,721 
-153,661 
.  l 
67,31: 

1 16,42i 
508,591 

Total 

301,86 
216,54 

33,08 
277,89 

102,51 
-- -'.~~-~~2-
1.451,88 

52,921-

147,36 

191,701 
100,231 
0,83; 
296,45! 

438,58 
108,79 
1,10 
1.099,46 

~~~:~~~-_~ -~i}.~! 

1.531,60 
58,26 
2.057, ~ 3 
290,83 
-
18,41 

1.4.20 .• ~.5 
_725,6~j 
97~,4~  ___ 2. ·?~~·~.7j 
-~:_6~?~~-~- ___ !~7~1~?? 
- -- 5_5,?3  -- 1.593,_?4 
_1:_9?0·-~~  __ ]_:?_~-7~95  - __ 2._~52.~_1_  - - 1.777,63 
444,40 
87,30]' 

511,0 I 
.... ··-
223,17 

801,84 
. 
241,58 

288,67 
-
5,89 

·-- -

-

2.14~,24  --.--!·358,~9-j ...  ?51,651·  ·_1.9_1_0._!~~.-
1.649,27 
_1:~!~~0 
- -~·!! 8~ 
3.830, 1~ 
. -- -- ----
733,07 i 
I 
93,19: 

-
- 54,~~1- _1.524,4~-
-- ~·~~-7.~0,1  --- l ?70,51 
I 
433,69 
36,22 

288,63 
2,24 

722,32 
38,46 

-· 

7.533,64 

-·--·--·- ·----·---- ------------- -------·----·-----··-- ---·---- ----- ·--·- ---

10.318,50 

17.852,14 

7.099,70 

8.154,72 

15.254,42 

6.777,64 

- ·'--·-----------·L. _____  ·---·---- ·-·-----

6.574,99 

13.352,63 

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 
in  urban  areas 
infrastructure 
particularly in sectors capable of generating revenue. 

in  rural  areas.  Activity  did  however  increase 

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 
local 
compantes; 

institutions  providing  services 

to 

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 

Education facilities  and training 

Teacher training 

Basic education (primary, non-formal, pre-primary) 

Secondary education(including vocational training) 

Tertiary education (higher education and advanced 
technical and managerial training) 

9o/o 

17% 

2% 

12o/o 

36o/o 

24°/o 

17o/o 

25% 

5o/o 

13o/o 

22o/o 

18o/o 

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 
•  Balance to be committed under the 7th EDF 

Structural Adjustment Facility 

•  Balance of the regional cooperation " budget for all 

ACP States" earmarked for structural adjustment programmes 
under the CBI 

1 737.33 

10.85 

3.10 

•  Amounts earmarked for structural adjustment under Lome IV 
•  Amounts paid 

1 751.28 

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). 

COUNTRY 

SAF 7th EDF 
Included CBI 

(3) 

Commit. 

Unex.bal. 4th  EDF 
Payment  Commit.  Payment 

6th  EDF 
SAF  6th EDF 

Other sources of financing 

TOTAL 

7th  EDF 

(3  Sysmin  7th EDF 
NIP  6th EDF  Unex.bal. 3rd EDF  Unex.bal. 5th EDF  NIP  7th EDF 
Commit.  Payment  Commit.  Payment  Commit.  Payment  Commit.  Payment  Commit.  Payment  Commit.  Payment 

7,000 

7,000 

1,168 

14,000  14,000 
1,168  40,932  40,344 

39,100 
83,900 
12,000 
33,700 
10,000 
19,604 
6,600 
6,600 
77,200 
4,100 
2,200 
22,779 
78,400 
8,200 
6,200 
87,200 
2,000 
23,400 
9,600 
7,780 
17,000 
2,500 
21,586 
10,800 
52,400 
61,450 
24,550 
30,000 

22,400 
20.500 
2,100 
32,500 
12,000 
103,400 
6,200 

~6.700 
96,500 
36,000 

39,100 
82,939 
3,900 
33,602 
9,852 
19,507 
6,514 
6,600 
73,858 
1,100 
2,149 
22,779 
77,353 
6,619 
4,200 
87,060 
1,985 
23,400 
9,480 
7,655 
15,088 
2,500 
21,586 
10,800 
40,317 
61,319 
24,458 
30,000 

22,400 
19,000 
2,047 
32,500 
11,601 
98,289 
4,100 
46,200 
96,401 
30,000 

Benin 
Burkina  Faso 
Burundi 
Cameroon 
Central African  Rep. 
Chad 
Comoros 
Congo 
Cote d'lvoire 
Djibouti 
Dominica 
Dominican  Republic 
Ethiopia 
Gabon 
Gambia 
Ghana 
Grenada 
Guinea 
Guinea Bissau 
Guyana 
Haiti 
Jamaica 
Lesotho 
Madagascar 
Malawi 
Mali 
Mauritania 
Mozambique 
Namibia 
Niger 
Papua  New  Guinea 
Sao Tome & Principe 
Senegal 
Sierra Leone 
Tanzania 
Trinidad and Tobago 
Uganda 
Zambia 
Zimbabwe 
Regional cooperation 
Other(1) 
Total 

- -

1,022 

0,000 

1,650 

0,000 

0,534 

0,000 

1,284 

0,375 

0,163 

1,300 

1,300 

1,356 

1,356 

9,200 
0,058 

9,200 
0,058 

9,700 

8,982 

0,067 

0,778 

0,778 

0,403 

0,403 

1,318 

5,000 
3,750 

5,000 
3,750 

16,000  16,000 

8,800 

7,314 

1,938 
7,650 
0,000  27,109  24,025 
1,900 
3,000 

8,307 
9,000 
9,100 
1,998 

8,307 
9,000 
9,100 
1,998 
30,400  15,300 

9,225 

9,216 

0,800 
0,800 
16,800  12,977 
4,503 
4,600 
7,500 
3,040 
16,200  15,334 
18,200  13,073 
0,067  36,200  35,034 
8,700 
8,700 
30,000  25,000 
0,658 
1,370 
1,318  46,689  38,257 
6,000 
4,000 
0,261 
0,300 
17,600  17,510 
8,000 
7,700 
16,600  12,153 
2,787 
2,687 
14,250  14,250 
12,600  12,480  60,000  60,000 
24,000 
5,500 

8,699 
3,475 

6,000 

2,650 
1.145,149  1.090,906 

4,832 

3,597 

6,000 
6,000 

5,407 
5,407  36,358  33,990 

0,938 

0,403 

3,838 

2,554  480,215  399,033  60,000  60,000 

(3) 

27,600 
4.900 
4,900 

38,800 
4,900 
4,900 

Where of CBI: 
Madagascar 
Malawi 
Namibia 
Uganda 
Tanzania 
Zambia 
Zimbabwe 
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 

7,200 
10,000 
5,800 
6.000 

7,000 
5,000 
5,800 
0,000 

6,870 

4,133 

1,370 

0,658 

(2) 

5,500 

3,475 

45,670 
4,900 
4,900 
1,370 
7,200 
10,000 
5,800 
6,000 
5,500 

33,733 
4,900 
4,900 
0,658 
7,000 
5,000 
5,800 
0,000 
5,475 

57 

Commit. 

Payment 
60,100 
124,451 
3,900 
49,602 
9,852 
26,821 
6,514 
8,538 
97,883 
3,000 
2,149 
31,086 
86,353 
15,719 
6,198 
102,360 
1,985 
32,779 
9,480 
8,455 
28,065 
8,303 
24,626 
26,134 
62,590 
97,834 
33,158 
63,982 
0,658 
63,157 
23,000 
2,308 
50,010 
19,301 
110,442 
11,787 
64,200 
168,880 
38,699 
3,475 
8,057 
1.737,329  1.595,890 

60,100 
126,000 
12,000 
49,700 
10,000 
28,404 
6,600 
14,250 
108,800 
7,100 
2,200 
31,086 
87,400 
17,300 
8,198 
117,600 
2,000 
33,000 
9,600 
8,580 
33,800 
8,400 
29,086 
27,000 
79,800 
99,131 
33,250 
69,700 
1,370 
71,589 
26,500 
2,400 
50,100 
20,000 
120,000 
13,987 
64,700 
169,100 
60,000 
5,500 
12,000 

Balance 

0,000 
1,549 
8,100 
0,098 
0,148 
1,583 
0,086 
5,712 
10,917 
4,100 
0,051 
0,000 
1,047 
1,581 
2,000 
15,240 
0,015 
0,221 
0,120 
0,125 
5,735 
0,097 
4,460 
0,866 
17,210 
1,297 
0,092 
5,718 
0,712 
8,431 
3,500 
0,092 
0,090 
0,699 
9,558 
2,200 
0,500 
0,220 
21,301 
2,025 
3,943 
141,439 

11,937 
0,000 
0,000 
0,712 
0,200 
s.ooo 
0,000 
6,000 
0,025 

1  STRUCTURAL  ADJUSTMENT  PROGRAMMES  FINANCED  FROM  THE  6TH  EDF  AS  PART 

OF LOME IV STRUCTURAL ADJUSTMENT 

( 1) 

(2) 

(3) 

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. 

Furthermore,  during  the  implementation  of the  fourth  . Lome  Convention, 
seven  structural  adjustment  programmes  were  financed  through  the  national 
(Benin,  Malawi, 
indicative  programmes 
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. 

the  6th  EDF 

(NIPs) 

for 

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) 

(b) 

(c) 

(d) 

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. 

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). 

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). 

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 
the  funds  \vere  used  to  finance 
monetary  equilibrium  in  the  countries  concerned; 
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. 
financial 
The  other  expenditure  concerns  employment, 
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. 

the 

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 
the 
Commission to  play a greater role in monitoring public spending. 

infrastructure  maintenance  sectors. 

This  requires 

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. 

time, 

the  Commission  conducted  an  evaluation  of  Structural 
At  the  same 
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 .. 

the  ACP 
Net  commitments  over 
( 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. 

\Vere  ECU  165.7  million  for 

the  year 

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 
.::::umulative  payments  stood  at  ECU  12.5  million  (50%  of  the 
capital). 
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) 
- Uganda (ACP) 
Senegal (ACP) 
-
Regional PAC (RPA) 
-

ECU million 

0.11 
0.11 
0.60 
0.38 

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 

the Ivory Coast 

SIVENG 

234 553.01 

512  328.51 

Kenya  · 

Kenya Furfural Company Ltd 

1 066 439.16 

Liberia 

Malawi 

LDBI 

Dwangwa Sugar 

the Seychelles 

Development Bank of Seychelles 

Tanzania 

TDFL 

Zaire 

Zaire 

SOFIDE 11 

SOFIDE Ill 

Zambia 

Development Bank of Zambia 

I TOTAL 

71 

337 842.65 

961  999.88 

580 047.17 

2 499 606.24 

98  264.13 

38 027.63 

548  420.55 
7 048  145.51 I 

I 

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 

Comores 

Banque Developpement Comores 

.  Djibouti 

Caisse Developpement Djibouti 

.  Fiji 

Fiji Pine Processing 

Guinea 

GICI-GUI 

Zaire 

SOFIDE V 

Zimbabwe 

Zimbabwe Development Bank 

846 313.36 

160 771.70 

450 530.98 

1 855  783.40 

508  115.97 

154 880.42 

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 

Madagascar 

Fiaro 

Trinidad 
Tobago 

and  TTDFC V Project A 

395  436.90 

156 379.82 

390 529.66 

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. 

Regional Africa. 

Cauris investissement SA II 

382 496.94 

0.00 

Kenya 

Kenya 

Kenya global private enterprise 

2 000 000.00 

Prefund project rehabilitation fund  Ltd 

300 000.00 

Malawi 

Indebank Malawi 

Mali 

Societe Credit Initiative 

Tanzania 

Kula Fund Limited 

290 689.29 

65  785.97 

380  129.59 

Tanzania 

Tanzania development finance  Ltd IV 

245  708.85 

Trinidad 
Tobago 

and  Development finance  Ltd 

74843.12 

Zambia· 

Swarp Spinning Mills Ltd II 

Zambia 

Zambia 

ZVCF 

FIS 

Zimbabwe 

Zimbabwe Development Bank Ill 

Zimbabwe 

Art Corporation Ltd 

6 000 000.00 

1 890 903.02 

49 097.37 

51541.32 

7 000 000.00 

I 

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 

Country 

Decisions 

IN  MECU 

Technical 
Assislance 

Decisions less 
technical 
assitancc 

Ul!NIN 
DURUNOI 
UURKINA  a:ASO 
CAMEIWUN 
CENTRAFR I QUE 
COMORES 
CONGO 
DJIBOUTI 
DOMlNICA 
REP.DOMINICAINE 
ETIIIOPIE 
GAnON 
GAMDIE 
GIIANA 
GRENADE 
GUINEE 
GUINEE OJSSAU 
GUYANA 
IIAITI 
COTE O'IVOIRE 
JAMAICA 
LESOTIIO 
MAOAGASCAR 
t-.11\I.A\VI 
MALl 
MAURITANIE 
MOZAMBIQUE 
NIGER 
SENEGAL 
SIEIUtA  LEONE 
SAOTOME  l'lt 
TANZANIE 
TCIIAD 
TIUNIDAD ,\:  TOll A< iO 
U<iANI>A 
7.AMIJIA 
ZIMOAllWE· 
llAPOUASIE N.G. 

lOTAL{lJ) 

53,111 
12,00 
126,00 
4'J,70 
10,00 
6,60 
14,2S 
7,10 
2,20 
31,0'> 
87:10 
17,30 
8,20 
117,60 
2,00 
33,00 
9,60 
8,58 
33,80 
108,80 
K,.to 
29,09 
27,00 
7'J,IIO 
9'J,I3 
33,25 
69,70 
71,'i') 
'iO,IO 

20,00 
2:10 
120,110 
'!K:ICI 
11_')') 

td.Jll 
IO'J,IO 
60,00 
26,50 
1.651,.J(, 

00 
..... 

0.)0 
2.85 
0,70 
0,75 
O.JS 

0,10 
0,0-1 
1:10 
0,50 

0,61 
0,20 

0,50 
0,12 
o,.n 
2,06 
3.)0 
.  0,10 
O,l!'J 

O,W 
3,00 
0,25 
4,80 
1,11·1 
0,70 
I,'JII 
0,116 
1,110 
1,110 
0,1'1 
ll,'iO 
2,::!0 
0,50 

53,10 
11,70 
123,15 
49,00 
9,25 
6,25 
14,25 
7,10 
2,10 
31,05 
86,00 
16,80 
8,20 
116,99 
1,80 
3:!,50 
9,·18 
8,15 
31,7S 
105,50 
K,lll 
28,20 
:?7 ,00 
79,::!0 
'.16,11 
33,00 
6-1,90 
69,7S 
·I'J.-10 
111,10 
I,S-1 
II'J.IIII 
21:111 

11.KII 
f..J,:!II 
IOfo,'JO 
59,50 
26,50 

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 

Payments 

Amounls due 
(a) 

CF paid to 
accounls 

Interest 

Total CF 

CFcommitc:d 

5J,IO 
3,90 
12),15 
49.00 
9,25 
6,25 
8,00 
3,00 
2,10 
31,05 
8),50 
I 5,30 
6,20 
102,09 
1,80 
32,50 
9,48 
8,15 
27,20 
95,30 
8,10 
2-1,15 
2r •. oo 
62,20 
%,13 
33,00 
58,83 
62,35 
49,20 
17:11 
0,75 

w~.w 

25,'10 
11,70 
·I'J,2 'i 
IOG,'JO 
38,50 
23,00 

XOF 
nw 
XOF 
XAF 
XOF 
KM 
XOF 
DJF 
XCI> 
DOP 
ETn 
XOF 
GM 
GJI 
XCD 
GNF 
XAF 
GY 
IITG 
XOF 
JMD 
LSM 
MGF 
M\VK 
XOF 
MR 
MZ 
XOF 
XOF 
SI. I. 
STD 
TZS 
X< >I-" 
ITI> 
lJ<iX 
ZMK 
ZWD 
PGK 

21J.O)O,MIJ 
1.270,63 
65.353,65 
25.150,38 
6.0-10,18 
2.527,86 
5.269,62 
673,90 
7,03 
473,77 
611,54 
10.102,75 
66,03 
124.705,16 
5,55 
39.482,97 
142.60-1,80 
1.325,10 
598,53 
5 1.960,K2 
37fr,KI 
IOK,OI 
151.H7,76 
8(rl/17 
48.CJ26,1JO 
5.285,91 
551.197,32 
37.73 1),40 
30.5fr0,4G 
lfr 013,62 
2.•1J.I,4] 
511  •116,2 1) 
Jt,•JI'i,H 
Kl,OO 
{,()  'J-11,21 
t.0.5H,7-1 
358,76 
2-1.)9 

25.1!')),06 
1.248,90 
67.334,32 
24.961,18 
6.019,06 
2.523,57 
5.222,00 
658,89 
6,34 
461,07 
673,73 
9.954,49 
69,80 
124.430,09 
5,68 
40.045,62 
92.503,45 
1.359,32 
520,85 
56.965,06 
3511,54 
109,1(, 
150.772,70 
936,01 
50.147,58 
4.341,03 
319.183,97 
37.4•14,90 
30.533,8f, 
K.50K,IK 
1.586,10 
·17.-tr>o.n 
II.I'J:!,'i'l 
KlYJ 
·16.Jfo5,00 
72.7·10,0') 
359,59 
25,56 

1.1!52,7') 

0,5:\ 
25,13 

0,01 
11,33 

102,8') 
0,12 
571,37 
2.459,00 
101,84 
0,21 
72,62 
H,'>7 
5,39 

1,72 
1-16,9] 

0,64 

26,16 

'!Mo,KI 

2,1J 
1l,IIO 

152,72 
0,02 

(I) 
27.7-15,1!5 
1.248,90 
67.33·1,32 
24.961,18 
6.0·14,80 
2.523,57 
5.222,00 
658,89 
6,35 
472,39 
673,73 
9.954,49 
69,80 
124.532,98 
5,!!0 
40.617,00 
94.962,45 
1.4(1! ,15 
521,06 
57.037,68 
392,50 
11•1,55 
150.772,70 
'>37.7) 
50.29-1,16 
4.341,0) 
319.183,97 
37.44 5,5·1 
JO.SJ3,K6 
K.SJ4,Jt1 
1.586,10 
·17.7n.cn 

II.I'J2.~ 1l 
115,72 
.Jfd7-t.IIO 
72.7·10,01) 
512,30 
25,58 

(2) 

26.%1,4.1 
1.2·18,90 
59610.85 
24.961,1K 
6.0·10,25 
2.5:!3,57 
5.222,00 
768,60 
6,35 
469,71 
673,73 
9.954,49 
69,80 
12·1.5:12,98 
5,80 
37.5K'>,35 
47.93 11,54 
9M,O'J 
521,0(, 
56.995;11 
15'>,5:1 
11·1,54 
150  772,70 
937,71 
50.111,16 
4.3-11,03 
309.670,79 
J2.157,54 
30.5-17,02 
4.57-1.20 
l.'iKfr,IO 
·17  H-1.111 
11  l'l!,'i'l 

111~.(12 
·1·1  0 1JII.OO 
72  7-10,0') 
506,56 
2J,Of, 

CF paid from 
accounts 

Unpaid  balance: 
on 
comnutrnents 

(3) 

(2)-(J) 

I'J.1!17,S-I 
1.248,90 
55  433,97 
19.929.) I 
4.1!93,57 
2.515,78 
2.529,::!6 
412,52 
5,03 
39-1,73 
673,7) 
8.977,59 
. 69,80 

11178·1.32 
5,70 
2K  552,{,8 
31515,91 
8-18,79 
477,15 
-17.2115,4) 

107,(,.J 
56  10-1,93 
927,7) 
•IK.-115,16 
3.569,95 
164.489,25 
J 1.631,05 
30.229,87 
-1.199,70 
·I'>O.C.O 
-17  :!'i.l}~ 
11  I ~1F! 
C.K,:!K 
!! 7-ti,OO 
7!  7-10.111) 
506,56 
23,07 

7.1J3,M•J 
0,00 
-1.176.88 
5.031,87 
1.146,68 
7,79 
2.692,74 
356,08 
1,32 
74,99 
0,00 
976,90 
0,00 
2.7-18,66 
0,10 
9.036,{,7 
16 423,64 
115,31 
43,'>1 
C)  710,00 
359,51 
6,90 

').1.(,(,1. 7(, 

10,00 
1.696.00 
171,08 
145  181,54 
5:!6,4H 
317,15 
17-1,50 
I 0'>5,50 
'J'J}'l 
·I,'Jio 
.lt.,J.J 
:!JJ.J'J,OO 
o.on 
0,00 
-0,01 

t-.IECU  j 

Unpaid balance  Amounts  in' 

onCF 

(1)-{J) 

7. 1JI~,JI 
0,00 
11.900.)-1 
5.031,87 
1.1 s 1,2-1 
7,79 
2.692,7-1 
246,37 
1,32 
77,66 
0,00 
976,90 
0,00 
2.7-18,66 
0,10 
12  06-1,32 
63.4·16,5-1 
612.)6 
43,91 
9.75:?,:?; 
J'J2 ,50 
6,')1 
9-1  667,76 
10,00 
I 879,00 
771,0S 
15-1.69-1,72 
5.SI-1,4l! 
303,99 
.J.IJ·I/•·1 
I 0'H,50 

~li~Y' 
t.'l(o 
17.-1·1 
::!.lhl\,(1(1 
0,00 
5,75 
2,5 I 

ECU 

I 

obi,)O 

-IS\26 
66t.SO 
661.50 
661,50 
.J96,Ll 
661.50 
ll)l),ll 
3.02 
I 5,71 
7,63 
661,50 
11.11 
2.526.)9 
3,02 
1.278,33 
661.50 
160.23 
19,-10 
661,50 
-10,-lll 
; •. J-1 
5 1)-10,91 
20)6 
661.50 
111'1.22 
13.137.)0 
661,.50 
661,50 
932,80 
6 7511,50 
t.~K. 711 
hfol,'\11 
7.(1·1 
I  !'JK.to.! 
un.-11 
I 5,2.1 
I,K6 
-13. 7U.l.J~ 

34,73 

1.616,73 

1.46'),27 

(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 

Lome  IV  Convention- Counterp:ut Funds (1991-1997) 
Structural Adjustment Facilitv and  Import programmes 

SlTL\TlO'i AS  AT  31.'1~·?7 

Country 

o~cisions 

Technical 
Assistance 

o~cisions less 
t~chnical assitance 

Paym~nts 

Bank  Balanc~ 

lN  MECU 

lN  ECU 

BEl\f.\i 
BURLf1\.'Dl 
BURK.fNA FASO 
CAMEROUN 

CE~TRAFRIQUE 
CO:-..lORES 

CO~GO 
OJIBOUTl 
DOMINICA 
REP.DOMfNICAINE 
ETHIOPIE 

GABO~ 
GAMBlE 
GHA!'\l'A 
GRENADE 
GUINEE 
GUINEE BISSAU 
GUY AL'\IA 
HAITI 
COTE  D'IVOIRE 
JA..\.lAICA 
LESOTHO 
l\1ADAGASCAR 
MALAWI 
MALI 

MAURITAL~IE 

~·tOZA..viBIQUE 
NIGER 
SENEGAL 
SIERRA LEONE 
SAOTOME  PR 
T A..'\JZA.!'\JlE 
TCHAD 
T~IDAD &  TOBAGO 
UG.A.!'-.TIA 
ZAMBIA 
ZIMBABWE 
PAPOUASIE N.G. 
TOTAL (a) 

53,10 
12,00 
126,00 
49,70 
10,00 
6,60 
1-l,25 
7,10 
2,20 
31,09 
87,40 
17,30 
8,20 
117,60 
2,00 
33,00 
9,60 
8,58 
33,80 
108,80 
8,40 
29,09 
27,00 
79,80 
99,13 
33,25 
69,70 
71,59 
50,10 
20,00 
2,40 
120,00 
28,40 
13,99 
64,70 
109,10 
60,00 
26,50 
1.651.46 

.. 

-

0,30 
2,85 
0,70 
0,75 
0,35 

0,10 
0,0-l 
1,40 
0,50 

0,61 
0,20 
0,50 
0,12 
0,43 
2,06 
3,30 
0,30 
0,89 

0,60 
3,00 
0,25 
4,80 
1,84 
0,70 
1,90 
0,86 
1,00 
1,00 
0,19 
0,50 
2,20 
0,50 

34.73 

53,10 
11,70 
123,15 
49,00 
9,25 
6,25 
14,25 
7,10 
2,10 
31,05 
86,00 
16,80 
8,20 
116,99 
1,80 
32,50 
9,48 
8,15 
31,75 
105,50 
8,10 
28,20 
27,00 
i9,20 
96,13 
33,00 
64,90 
69,75 
49,40 
18,10 
1,54 
119,00 
27,40 
13,80 
64,20 
106,90 
59,50 
26,50 
1.6\6.73 

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 

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 

(b)  th~ variation  from  the  amount decided (1.737,33)  in  the  tabk in  chapter Ill comes  from: 
Project  in  Ben in 
Project  in  Namibia 
Project in  Zambia 
Regional  cooperation 
Studies 

7,00  under 6t.1  EDF  NIP 
1,3 7  under  ith EDF };lP 
60,00  under  ic!l  EDF Sysmin 
5,50  undl!r it.h  EDF Grants 
12.00  undl!r 6th  J.1d  7th  EDFs 
85,87 

82 

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 

Country 

Year 

Product 

Amount 
Decided 
(MECU) 

Amount 
Paid 
(MECU) 

Date of  Amount of 

signature of 
the  FMO 

FMO 
(ECU) 

L.C. 

Amounts 
due 

CF  Paid  CF Com-
in  account  mined 

CF Paid 
from 
account 

Unpaid 
balance on 
account 

Unpaid 
balance on 
account (in 

~IECU) 

(I) 

(2) 

(I )-{2) 

Counterpan funds  (in  millions of local  currency) 

Ben in 

Ben in 

Ben in 

Ben in 

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 Faso 

Burkina Faso 

Burkina Faso 

Burkina Faso 
Cap  Yerde 
Cap  Yerde 
Cap  Yerde 
Cap  Yerde 
Cap  Yerde 
Carneroon 

Cameroon 
Cameroon 

Carneroon ( 1) 
Cameroon 

1990  Palmier  · 

1991 

1993 

1995 

Palmi er 

Palmi er 

Palmier 

rev er 

Palmi er 
1990  Coffee 
1990  Tea 
1991  Coffee 
1991  Hides & skins 
1992  Coffee 
1992  Hides & skins 
1993  Coffee 
1993  Peaux brutes 
rev er  Peaux brutes 
1"995  Peau.'<  brutes 

1990 

1991 

1991 

1991 

1992 

1992 

1993 

rev er 

1994 

Hides & skins 

Hides &  skins 
Torteaux 
d'oleagineux 

Noix de  karite 

Hides & skins 

Canon 

Cotton 

Canon 

Canon 

1995 

Peaux 
1990  Hides & skins 
1990  Bananas 
1993  Bananas 
1994  Bananas 
1995  Bananas 
1990  Cocoa 

1990 

Coffee 
1991  Cocoa 

1991 

CotTee 
1992  Cocoa 

0.3 

0,4 

0,7 

0,2 

0,0 
16,2 
0,3 
7,8 
0,2 
9,0 
0,3 
20,4 
0,3 
0,7 
0,3 

0,4 

0,7 

0,4 

0,7 

0.8 

0,8 

0,7 

0.3 

0,3 

23/02/92 

0.3  XOF 

0,4 

24/08/93 

0,7 

25/11196 

0,2 

18/08/97 

0,4 

0,7 

XOF 

XOF 

XOF 

XOF 

83,6 

202,0 

202,0 

186,4 

515,7 

200,5 

450,2 

158,9 

0,02 

15,5 

41,6 

139,9 

10/06/92 

16,5  BIF 

2.528,1 

2.528, I 

2.465,9 

2.465,9 

62,2 

0.14 

8,0  BIF 

-· 

0,0 
16,2 
0,3 
7,8 
0,2 

0,4 

0,7 

0.4 

0.7 

22/02/94 

XOF 

2.1 

l..l09,9 

IA09.9 

1.409,9 

980,0 

429,9 

0,65 

' 

0.8 

0.8 

21/10/96 

0,7 

0.3 

23/07/97 

27/10/92 
01/03/96 
01/03/96 

13.9 

13.9 

23/07/97 

0,7 
0,0 
0,1 
0,4 
0.7 
0,7 
39.1 

28,3 
39,9 

29,3 
26.4 

0.7 
0.0 
0,1 
0,4 
0,7 
0,7 
39.1 

23,3 
39,9 

29,3 
26,4 

1.497.7 

1.497,7 

1.497,7 

1.479,7 

1.476,9 

2,23 

4 75.5 

530,2 

530.2 

9 625.8 

9.625,8 

9.625,8 

14.55 

10.0 

XOF 

XOF 

XOF 

1,4 

0,7 

0,3 

XOF 

XOF 

13.9 

14.8 

0,1  CYE 
0,4 
0,7 

14/02/93 

XAF 

67,4 

23.505.0 

21.338,0 

21.338,0  2l.338,0 

47.5~7.2 

47.5~7.2  44.973,6  42.571,7 

4.975,5 

13/08/93 
17/05/95 

XAf 

69.2 

83 

0.00 

7,52 

LO~IE IV  CO:"iVE:'IiTIO~- COl:i"iTERPART Fl7'4DS 
STABEX for  ~he years of application  1990-1997 

SITVATIO~ AS  AT 31112/97 

:ountry 

Year 

Product 

Amount 
Decided 
(MECU) 

Amount 
Paid 
(MECU) 

Date of  Amount of 

signature of 
the  FMO 

FMO 
(ECU) 

L.C. 

Amounts 
due 

CF  Paid  CF Corn-
in  account  mitted 

CF  Paid 
from 
account 

Unpaid 
balance on 
account 

Unpaid 
balance on 
account (in 
MECU) 

Counterpart funds  (in  m1ll1ons  of local  currency) 

:teroon 
:teroon 

neroon 

neroon 
neroon 

Id 

Id 
Id 
no res 

no res 

no res 
mores 

mores 
mores 

mores 

mores 
ntrafrique 

1992 

Coffee 
1993  Cocoa 

1993 

1994 

rever 

1993 

Coffee 

Cocoa 

Cotton 

1994 

Cotton 
rev er  Cotton 
1990  Vanilla 

1990 

1991 

Girofle 
Huiles 
essentielles 

1992  Girofle 
Huiles 
essentielles 

1992 

1993 

1993  Girotle 
Huiles 
essentielles 
Huiles 
essentielles 

rev er 

1990  Coffee 

ntrafrique 

1990 

Cotton 

ntrafrique 
ntrafrique 

ntrafrique 
ntrafriquc 
ntrafrique 

1991 

Coffee 
1992  Coffee 

1992 

Cotton 
1993  Coffee 
1993  Cotton 

ntr:afrique 

1993 

Wood 

rev er 

ntrafrique 
Wood 
te d'1voire  ·  1990  Cocoa 

·te d'lvoire 
cc:  d'lvoirc: 
>te  d'1voire 

I 

1te d'1voire 

1te  d'lvoire 
1te  d'1voire 

1te d'1voire 
1te d'lvoire 
)minica 

1990 

Coffee 
1991  Cocoa 

1991 

Wood 
1992  Cocoa 

1992 

Cotton 
1993  Cocoa 

1993 

Coffee 
rev er  Coffee 
1990  Bananas 

21,5 
20,9 

21,5 
20.9 

17105195 

13,0 

IJ.O 

12,2 
13,6 

12,2 
13.6 

(I) 

(2) 

(I )-(2) 

XAF 

47,9 

XAF 

32.6 

59.974.2 

23.397,5 

23.352.6  23.346,9 

50,6 

XAF 

12.2 

17.712,0 

o.os 

0.00 

4,6 

6,5 
0,2 
1.4 

0,9 

0,2 
0,8 

0,1 
0,3 

0,5 

0,0 
6,1 

0,6 

2,5 
1.9 

0,4 
4,8 
0,8 

1,1 

0,2 
16,7 

74,5 
67,1 

4,7 
46,6 

7,2 
9,0 

24,1 
19,8 
0,7 

4.6 

29/05/96 

23/07/97 

6.5 
0,2 
1,4 

XAF 

XAF 

4,4 

6,5 

2.861,0 

839,5 

839,5 

483,1 

356.3 

4.210,0 

0,9 

23110/92 

KMF 

2,3 

913.3 

913,3 

913,3 

912,5 

0,8 

0,00 

0.2 
0,8 

0,1 
0.3 

18/10/95 
18/10/95 

18/10/95 
18/10/95 

0,5 

18/10/95 

KMF 

1.9 

931,7 

519,0 

415.2 

237,9 

281,0 

0.57 

0,0 
6.1 

16/10/92 

0,6 

16/10/92 

20/01/95 

2.5 
1,9 

0,4 
4,8 
0,8 

1.1 

16,7 

74,5 
67,1 

4,7 
46,6 

4.720,5 

4.344,9 

3.399.:! 

2.744,3 

1.600,6 

2.42 

XAF 

XAF 

6,7 

2.5 

25/09/96 

XAF 

2,3 

1.509,9 

1.509.9 

1.500.5 

1.493,5 

16,4 

0.0:! 

XAF 

6,3 

4.871,5 

XAF 

4.930,4 

21/12/91 

XOF 

91,2 

31.687,2 

31.687.2 

31.800.0  31.345,7 

341,5 

0.52 

19/03/93 

XOF 

71,8 

22.045.0 

23.48l.i  25.008.0  23.404,0 

77,7 

0,12 

44.069,7 

44.501.0 

44.900.0  44.395,5 

105,5 

0,16 

22.490,5 

21.500,0 

21.500.0  21.500,0 

0,00 

7,2 
9,0 

02/08/94 
04/07/95 

04/07/95 
24/03/97 

24.1 
19,8 
0,7 

XOF 

53.8 

XOF 

31.8 

84 

LO,IE IV CO~VENTIO~- COUNTERPART Ft~DS 
STABEX for the years of application  1990-1997 

SITl~ATIO;"; AS AT 31112197 

Country 

Year 

Product 

Amount 
Decided 
(MECU) 

Amount 
Paid 
(MECU) 

Date of  Amount of 

signature ot 
the  FMO 

FMO 
(ECU) 

L.C. 

Amounts 
due 

CF  Paid  CF Corn-
in  account  mitted 

CF  Paid 
from 
account 

Unpaid 
balance on 
account 

Unpaid 
balance on 
account (in 
~tECU) 

(I) 

(2) 

(I )·(2) 

Counterpart funds  (in  millions oflocal currency) 

Falkland 
Islands 

1990  Wool  not carded 
or combed 

0,6 

0.6 

Dominica 

Dominica· 

Dominica 

Dominica 

Dominica 

Dominica 
Ethiopia 
Ethiopia 
Ethiopia 
Ethiopia 
Ethiopia 
Ethiopia 
Ethiopia 
Ethiopia 
Ethiopia 

1991 

1992 

1993 

1994 

1995 

rev er 

Bananas 

Bananas 

Bananas 

Bananas 

Bananas 

Bananas 

1990  Coffee 
1990  Hides & skins 
1991  Coffee 
1991  Hides &  skins 
1992  Coffee 
1992  Hides & skins 
1993  Coffee 
1993  Hides & skins 
rev er  Hides & skins 

Falkland 
Islands 
Falkland 
Islands 
Falkland 
Islands 
Falkland 
Islands 
French 
Polynesia 
French 
Polynesia 

Gambia 

Ghana 

Ghana 

Ghana 

Ghana 

Ghana 
Grenada 
Grenada 

Grenada 
Grenada 

1991  Wool  not carded 
or combed 

1992 

Wool 

1993 

Wool 

1994 

Wool 

1990 

1992 

1991 

Copra oil 

Copra oil 

Arachide 

1990 

Cocoa 

1991 

Cocoa 

1992 

Cocoa 

1993 

Cocoa 

rev er 

Cocoa 
1990  Cocoa 
1990  Bananas 

1990 

Nutrnegs mace 

1991  Cocoa 

0,2 

1,2 

3.5 

9,2 

0,2 

30/03/93 

1,2 

3.5 

9.2 

30/10/96 

12,8 

12.8 

0,2 
58,5 
6,1 
39,8 
9,6 
35,7 
5,2 
20,1 
2,5 
2,0 

0.2 
58,5 
6,1 
39,8 
9,6 
35,7 
5,2 
20,1 
2,5 
2,0 

1.2 

1,1 

1,2 

0,9 

0,9 

0,1 

0.4 

6.9 

1.2 

1,1 

1,2 

0.9 

0,9 

0.1 

0.4 

6.9 

02111/92 

16.4 

16,4 

08/10/93 

4,9 

4,9 

16,4 

16.4 

27/02/97 

6,0 
0,6 
0,3 

1,1 
0,3 

6.0 
0,6 
0,3 

1.1 
0,3 

XCD 

0,8 

1.2 

3.5 

9.2 

XCD 

XCD 

XCD 

XCD 

XCD 

13,1 

21,7  ETB 
ETB 

0.6 

1,2 

GMD 

0,4 

GHC 

6.9 

GHC 

GHC 

16,4 
·, 

4,9 

GHC 

15.7 

GHC 

6,0 

22/02/93 

64,6  ETB 

396,3 

351,5 

396,0 

350,1 

26/08/93 

49,4  ETB 

295,4 

373,2 

295,4 

373,0 

22/03/96 

40,9  ETB 

303,1 

45,6 

303,1 

45,4 

1,5 

0,2 

0,2 

0,19 

0,03 

0,03 

173,7 

173,7 

173,7 

173,7 

22,18 

.. 

4.061,0 

4.676.7 

4.676,7 

4.676,7 

4.676.7 

4-U78,0 

41.412,6 

41.412.6  41.357,7 

14.008,0 

309,2 

309,2 

297,9 

54,8 

11,4 

33.900.0 

15.292,9 

15.292.9 

15.292,9 

0,0 

0,00 

0.00 

0,00 

0,00 

15/06/92 

XCD 

2,0 

7,5 

7,5 

7.5 

7,5 

85 

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 

Country 

Year 

Product 

Amount 
Decided 
(MECU) 

Amount 
Paid 
(MECU) 

Date: of  Amount of 

signature ot 
the  FMO 

FMO 
(ECU) 

L.C. 

Amounts 
due 

CF  Paid  CF Corn-
in  account  mitted 

CF  Paid 
from 
account 

Unpaid 
balance on 
account 

Unpaid 
balance on 
account (in 
MECU) 

Counterpart funds  (in  millions of local  currency) 

Grenada 

1991  Bananas 

Grenada 
Grenada 
Grenada 

Grenada 
Grenada 
Grenada 

Grenada 
Grenada 

Grenada 

Grenada 
Grenada 
Grenada 
Grenada 

Guinee Bissau 

Guinee  Bissau 

Guinee Bissau 

Guinee  Bissau 

Guinee Bissau 

Guinee  Bissau 

Guinee  Bissau 

Guinee  Bissau 
Guinee 
Equatoriale 
Guinee 
Equatoriale 
Guinee 
Equatoriale 
Guinee 
Equatoriale 
Guinee 
Equatoriale 
Guinee 
Equatoriale 
Guinee 
Equatoriale 
Guinee 
Equatoria1e 
Haiti 
Haiti 

1991 

Nutmegs  mace 

1992  Cocoa 
1992  Bananas 

1992 

Nutmegs  mace 

1993  Cocoa 
1993  Bananas 

1993 

Nutmegs  mace 

1994  Bananas 

1994 

1994 

Nutmeg &  mace 

Cocoa 

1995  Bananas 
1995  Nutmegs  mace 
rev er 

1991 

1991 

1992 

1992 

1992 

1993 

1993 

1994 

1990 

1990 

1991 

1992 

1993 

1994 

rev er 

Arachide 

Palmier 

Cotton 

Palmi er 

Crevettes 

Arachides 

Niox et arnandes 

Noix et arnandes 

Cocoa 

Coffee 

Cocoa 

Cocoa 

Cocoa 

Cocoa 

Cocoa 

1995 

Cocoa 
1990  Cocoa 
1990  CotTee 

0,4 

1,1 
0,2 
0,6 

1,7 
0,2 
0,6 

1,5 
1,1 

0,8 

0,1 
1,2 
0,5 
0,1 

0,2 

0,2 

0,1 

0,2 

0,1 

0,1 

0,0 

0,4 

2,1 

0,2 

1.2 

I ,5 

0,9 

1.6 

0,1 

0,8 
1,4 
9,8 

(I) 

(2) 

(I )-(2) 

15/11/93 

XCD 

I ,8 

6,1 

6,1 

6,1 

6.1 

2.02 

16/08/9-l 

XCD 

2.4 

7,4 

12,0 

11,9 

11,8 

0,2 

0,06 

20/12/95 

XCD 

2.2 

3,5 

3,5 

3,5 

1.1~ 

05105197 

XCD 

2,0 

6,3 

-· 
-. 
·-

0,4 

1.1 
0,2 
0,6 

1,7 
0,2 
0,6 

1,5 
1,1 

0,8 

0,1 
1,2 
0,5 

0,2 

0,2 

03/12/93 

ECU 

0,4 

0.4 

0,4 

0,4 

0,4 

0,0 

0,03 

0.1 

0,2 

0,1 

01/08/95 

ECU 

0,4 

0,4 

0,4 

0,4 

0,4 

0,0 

0.05 

0,1 

28/03/96 

0.0 

0,4 

2,1 

ECU 

0.4 

ECU 

0,1 

0,4 

0,1 

0,4 

0,1 

0,0 

0,2 

08/06/93 

XAF 

2,3 

1.386,0 

1.315,3 

1.350,4 

1.305,4 

0.1 

0,4 

9,9 

8.0 

0.13 

0,4~ 

0,02 

0,01 

0,00 

0,00 

1,79 

0,00 

0,00 

918,3 

918,3 

910,2 

910,2 

1.105,3 

629.1 

958,6 

629,1 

643,5 

52,0 

550,0 

52,0 

1.079,6 

1.180,9 

1.180,9 

525,2 

1.2 

1.5 

11/04/95 

11/04/95 

0.9 

11/04/95 

1.6 

0,1 

0,8 
1.4 
9,8 

22/05/95 
22/05/95 

1.2 

1,5 

0,9 

1,6 

XAF 

XAf 

XAf 

XAF 

XAF 

XAF 

86 

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 

Country 

Year 

Product 

Amount 
Decided 
(MECU) 

Amount 
Paid 
(MECU) 

Date of  Amount of 

signature of  .  FMO 
(ECU) 

the  FMO 

L.C. 

Amounts 
due 

CF  Paid  CF Corn-
in  account  mined 

CF  Paid 
from 
account 

Unpaid 
balance on 
account 

Unpaid 
balance on 
account (in 
MEClJ) 

(I) 

(2) 

(1)-(2) 

Counterpart funds  (in  millions of local  currency) 

269,7 

269,7 

285,6 

267,5 

2,2 

0.12 

256,81 

271,5 

271,5 

2.295,1 

3.001,4 

1.765,0 

671,1 

2.330.3 

32.35 

0.4 
5,1 

0.3 
3,9 
0.1 
0,1 

22/05/95 
22/05/95 

22/05/95 
22/05/95 
22/05/95 
22/05/95 

4,7 

21105195 

6.5 

10/03/97 

03107191 
28/09/95 

0,3 
28,9 
16.4 
16,5 
0,3 
16,7 
6,0 

0,4 

30106193 

0,2 

27/07/93 

23/02/95 

HTG 

25,7 

HTG 

6.8 

HTG 

28,9  KES 
16,4  KES 

AUD 

AUD 

AUD 

0.4 

0.2 

0,0 

Haiti 
Haiti 

Haiti 
Haiti 
Haiti 
Haiti 

Haiti 

Haiti 

Haiti 
Kenya 
Kenya 
Kenya 
Kenya 
Kenya 
Kenya 

Kiribati 

Kiribati 

Kiribati 
Lesotho 

Lesotho 
Lesotho 

Lesotho (1) 
Lesotho 

Lesotho 

Lesotho 
Lesotho 
Madagascar 
Madagascar 
Madagascar 

Madagascar 
Madagascar 
Madagascar 
Madagascar 

Madagascar 
Madagascar 
Madagascar 

Madagascar 
Madagascar 

1990 

Huiles 
essentielles 

1991  Coffee 
Hui1es 
essentielks 

1991 

1992  Coffee 
1992  Cocoa 
1993  Cocoa 

Coffee 

Coffee 

1993 

1994 

rev er 

1990  Coffee 
1991  CotTee 
1992  Coffee 
1992  Tea 
1993  Coffee 
rev er  Coffee 

1990 

1991 

Copra 

Copra 

1993 

Copra 
1991  Wool 

1991 

Mohair 

1992  Wool 

1992 

Mohair 

1993  Wool 

1993 

Mohair 

1994 

Wool 
rev er  Wool 
1990  Coffee 
1990  Vanilla 
1990  Girofle 
Huiles 
essentielles 

1990 

1991  Coffee 
1991  Vanilla 
1991  Girofle 
Huiles 
essentielks 

1991 

1992  CotTee 
1992  Vanilla 

1992  Girofle 
1993  Cotlee 

0,4 
5,1 

0,3 
3,9 
0,1 
0,1 

4,7 

6,5 

0,3 
28,9 
16,4 
16,5 
0,3 
16,7 
6,0 

0.4 

0,2 

0,0 
0,4 

0,6 
1,0 

0,4 
1.0 

0,1 

0,3 
0.0 
19,0 
1,7 
0,8 

0,1 
14,0 
1,6 
0,6 

0,3 
9,1 
0,4 

0,5 
3,9 

0.0 
0,4 

0.6 
1,0 

0.4 
1.0 

0.3 
0.0 
19.0 
1.7 
0.8 

0,1 
14.0 
1.6 
0,6 

0.3 
9,1 
0,4 

0,5 
3.9 

1,0 

1,1 

0,0 

1,0 

1,1 

0,0 

1,0 

1,1 

0,0 

1,0 

1.1 

0.00 

0,00 

0.01 

0.0 

o.o 

I 0105194 

LSM 

0.9 

3,9 

3,9 

3.9 

3.9 

I 0105194 

LSM 

2.3 

0.1 

24/11/94 

16/09/96 
I 0/03/97 

LSM 

LSM 

1,0 

0,3 

9.4 

10,8 

15,1 

9,0 

1.9 

0.15 

13/07/92 

MGF 

21.6 

54.571,1 

54.571.1 

5-U71,1  54.570,0 

1,1 

0,00 

27/05/92 

MGF 

16,6 

02/06/94 

10,0  ~IGF 

87 

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 

Country 

Year 

Product 

Amount 
D(cided 
(MECU) 

Amount 
Paid 
(MECU) 

Date of  Amount of 

signature of 
the  FMO 

FMO 
(ECU) 

L.C. 

Amounts 
due 

CF  Paid  CF Corn-
in  account  mined 

CF Paid 
from 
account 

Unpaid 
balance on 
account 

Unpaid 
balance on 
account (in 
MECU) 

Counterpart funds  (in  millions of local  currency) 

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 

1993 

rev er 

1990 

1991 

1990 

1991 

1991 

1994 

rever 

1995 

1990 

1991 

1992 

1994 

rev er 

Girofle 

Giro ne 

Cotton 

Cotton 

Tea 

Tea 

Coffee 

Tea 

Tea 

Tea 

Calmar!Poulpes 

Calmar!Poulpes 

Calmar!Poulpes 

CalmarfPoulpes 

CalmarfPoulpes 

1991  Cashew nuts 

1991 

Wood 
1992  Cashew nuts 
1993  Copra 
1993  Cashew nuts 
rev er  Cashew nuts 

1990 

1990 

1990 

1990 

1991 

1991 

1991 

Cocoa 

Coffee 

Copra 

Palmier 

Cocoa 

Coffee 

Copra 

1992 

Cocoa 

0,6 

2,9 

0,3 

0,6 

1,7 

2,3 

0,2 

4,2 

0,3 

8,1 

9,6 

4,1 

0.8 

1,0 

0,6 
1.2 

0,0 
0,6 
0,2 
1,6 
0,0 

6,8 

7,6 

3.3 

7,3 

7,1 

8,7 

1,5 

4,7 

(I) 

(2) 

(I )-(2) 

77.156,2 

77.156.2 

77.156,2  68.637,1 

8.519.0 

1,43 

113.7 

10~.0 

104.0 

400,0 

400.0 

400,0 

104.0 

400,0 

0.16 

0,60 

39,8 

37,5 

39,8 

37,7 

39,8 

37,7 

9,8 

10,9 

30,0 

26,8 

82,3 

82,3 

82,3 

9,2 

73,1 

149,1 

149.1 

149,1 

149,1 

1.194,9 

1.002.4 

1.002,4 

632,3 

370,0 

342,1 

247,2 

343,3 

61,0 

. 186.2 

....... 

.. 

1,98 

1.00 

MGF 

MGF 

XOF 

XOF 

4.5 

2.9 

0,3 

0.6 

MM 
K 
MM 
2,1  K 
MM 
1,9  K 

MY~ 
K 
MM 
4.5  K 
MM 
8,1  K 

MRO 

MRO 

9,6 

4,1 

MZ 
1.3  M 

0,6 

16/12/94 

2,9 

0,3 

29/12/92 

0,6 

26/01/94 

1,7 

20101195 

2,3 

20/07/95 

0.2 

20/07/95 

4,2 

11/08/97 

0,3 

11/08/97 

8,1 

9,6 

30/06/92 

4,1 

20/07/93 

0.8 

1,0 

0,6 
1,2 

0,0 
0.6 
0,2 
1,6 
0,0 

6,8 

7,6 

3.3 

7,3 

27/02/92 

PGK 

24. 9 

29,8 

29,6 

29,6 

29,6 

15,40· 

7.1 

8,7 

1.5 

12110/93 

PGK 

17, 2 

22,7 

22,7 

22,7 

22,7 

11,79 

4,7 

01/02/95 

88 

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 
Rwanda 
Rwanda 

Senegal 

Senegal 

Senegal 

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 

Country 

Year 

Product 

Amount 
Decided 
(MECU) 

Amount 
Paid 
(MECU) 

Datl!of  Amount of 

signature of 
the.FMO 

FMO 
(ECU) 

L.C. 

Amounts  CF  Paid  CF Corn-
in  account  mined 

due 

CF  Paid 
from 
account 

Unpaid 
balance on 
account 

Unpaid 
balance on 
ac.:ount (in 

~IECU) 

Counterpart funds  (in  millions of local  currency) 

Coffee 

Cocoa 

Coffee 

Cocoa 

1992 

1993 

1993 

1994 

rev er 

1990  Coffee 
1990  Hides & skins 

1990 

Pyrethre 

1991  Coffee 
1991  Hides &  skins 
1991  Pyrethre 
1992  Coffee 
1992  Hides & skins 
1992  Pyrethre 
1995  The 
1995  Hides & skins 
rev er  Hides &  skins 

12.7 

12.7 

(I) 

(2) 

( 1 )·(2) 

-4,5 

8,2 

7.3 

5,0 
15,4 
1,0 

0,2 
9,2 
0,9 
0,0 
13,4 
0,8 
0,1 
0,7 
0,6 
0,6 

4.5 

01/02/95 

8.2 

PGK 

29.6 

7.3 

08/10/96 

25.9 

25.9 

25,9 

25.9 

13.47 

03/08/92 

RWF 

16,6 

963,0 

72.6 

72,6 

0.21 

18/04/97 

10,1 

15,4 
1,0 

0.2 
9,2 
0,9 
0,0 
13,4 
0,8 
0,1 

0,6 

Arachides 

9,2 

9.2 

31/05/94 

Arachides 

15,7 

15.7 

16/01/95 

1992 

1993 

1994 

Arachides 

Senegal 
Senegal 
Sao Tome e 
Principe 
Sao Tome e 
Principe 
Sao Tome e 
Principe 
Sao Tome e 
Principe 
St.  Lucia 
St.  Lucia 
St.  Lucia 
St.  Luci:t 
St.  Lucia 
St.  Vincent-
Grenadines 
St.  Vincent-
Grenadines 
St.  Vincent· 
Grenadines 
St.  Vincent-
Grenadines 
Sierra Leone 

1995 

Arachides 
rev er  Arachides 

1990 

1991 

1992 

Cacao 

Cacao 

Cacao 

rev er 

Cacao 

1992  Bananas 
1993  Bananas 
1994  Bananas 
1995  Bananas 
rev er  Bananas 

1993 

1994 

1995 

rev er 

Bananas 

Bananas 

Bananas 

Bananas 

1990  Coflee 

5,5 

2,9 
1,9 

1,0 

l,l 

0,8 

0,0 
0.7 
3,6 
22,2 
17,7 
0.3 

26/04/96 

27/01/94 

05101195 
05109196 

5.5 

2.9 
1.9 

1.0 

1.1 

0,8 

0,0 
0,7 
3.6 
22.2 
17,7 
0.3 

5.7 

5,7 

15/06i95 

25,7 

25,7 

21/10/96 

13.5 

13,5 

0.2 
2,0 

0.2 
2.0 

22/06193 

6.058,0 

6.027,4 

6.027,4 

5.911,6 

115,8 

9.921,3 

9.778,3 

9.778,4 

9.026,9 

751,4 

3.534,9 

3.368,0 

3.368,0 

81,6 

3.286,4 

0,18 

1.14 

4,97 

309,9 

677,9 

677.9 

479,4 

198.4 

0,03 

18,6 

10,7 

10,7 

10,5 

0,2 

0,07 

2,0 

2.3 

1,9 

1,8 

0,5 

0.52 

CFA 

9,2 

CFA 

15,1 

CFA 

CFA 

STD 

5,5 

3,0 
1.9 

1.0 

1.1 

0,8 

4,2  ECS 
22,2  ECS 
17,7  ECS 

XCD 

5,7 

XCD 

25,7 

XCD 

13,9 
2,0  ECU 

89 

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 

Country 

Year 

Product 

Amount  Amount 
Decided 
(MECU)  (MECU) 

Paid 

Date:  of  Amount of 

signature of 
the  F:"vtO 

FMO 
(ECU) 

L.C. 

Amounts 
due 

CF  Paid  CF Corn-
mitted 

in  account 

CF  Paid 
from 
a::count 

Unpaid 
balance on 
account 

Unpaid 
baiJ.nce on 
account (in 
MECU) 

' 

Counterpart funds  (in  millions of local  currency) 

Sierra Leone 
Sierra Leone 
Sierra Leone 
Sierra Leone 
Sierra Leone 
Sierra Leone 
Sierra Leone 
Sierra Leone 
S ic:rra Leone 
Sierra Leone 
Solomon 
Islands 
Solomon 
Islands 
Solomon 
Islands 
Solomon 
Islands 
Solomon 
Islands 
Solomon 
Islands 
Solomon 
Islands 
Solomon 
Islands 
Solomon 
Islands 
Solomon 
Islands 
Sudan 
Sudan 
Sudan 

Sudan 
Sudan 
Sudan 
Sudan 
Sudan 
Sudan 

Sudan 
Sudan 
Sudan 
Sudan 
Sudan 

SU"dan 
Sudan 
Sudan 
Sudan 
Sudan 
Tanzania 
Tanzania 

1991  Cocoa 
1991  Coffee 
1992  Coffee 
1992  Cocoa 
1993  Coffee 
1993  Cocoa 
1994  Coffee 
1994  Cocoa 
1995  Cocoa 
rev er  Cocoa 

Cocoa 

Copra 

Palmier 

Cocoa 

Copra 

Cacao 

Cacao 

Copra 

Cacao 

1990 

1990 

1990 

1991 

1991 

1992 

1993 

1994 

1995 

rev er 

1990  Arachide 
1990  Canon 
1990  Hides & skins 
Gomme 
Arabique 

1990 

1990  Sesame 
1990  Oil cakes 
1991  Arachide 
1991  Cotton 
1991  Hides & skins 
Gomme 
Arabique 

1991 

1991  Sesame 
1991  Oil cakes 
1992  Arachide 
1992  Canon 
Gomme 
Arabique 

1992 

rev er 
1993  Canon 
1993  Hides & skins 
1994  Canon 
1990  Coffee 
1990  Tea 

0,8 
0,7 
1,7 
0,6 
1,7 
1,1 
0,2 
1,2 
1,2 
0,1 

0,4 

3,6 

0,7 

0,2 

1,3 

0,0 

0,6 

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 
0,0 

0,8 
0,7 
1,7 
0,6 

29/03/94 
28/06/95 
28/06/95 

1,4  ECU 

2,3  ECU 

1,4 

2.3 

1,7 

2,3 

1,4 

2,3 

0,2 

2,3 

1.5 

0.0 

1,48 

0,00 

(I) 

(2) 

(1 )-(2) 

0,4 

3,6 

0,7 

25/02/92 

SBD 

4,6 

20,9 

18,7 

22,7 

18,7 

0,0 

0,00 

Q,2 

1,3 

29/09/93 

SBD 

1,5 

0,0 

0,6 

SBD 

0,6 

7,8 

7,8 

... 

~ .. , 

19,1 
0,0 

90 

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 

. 

Country 

Year 

Product 

Amount 
Decided 
(MECU) 

Amount 
Paid 
(MECU) 

Date of  Amount of 

signature of 
the  FMO 

FMO 
(ECU) 

L.C. 

Amounts  CF  Paid  CF  Corn-
in  account  mined 

due 

CF  Paid 
from 
account 

Unpaid 
balance on 
account 

Unpnid 
balance on 
account (in 
MECU) 

Counterpart  funds  (in  millions of local  currency) 

Tanzania 
Tanzania 
Tanzania 
Tanzania 
Tanzania 
Tanzania 
Tanzania 
Tanzania 
Tanzania 
Tuvalu 
Tuvalu 
Tuvalu 
Tuvalu 
Tuva1u. 
To go 
To go 
To go 
Togo 
To go 
Togo 
To go 
Togo 
To go 

To go 
Togo 
To go 
To go 
Tonga 
Tong a 
Tonga 
Tonga 
Tong a 
Tonga 
Tonga 
Tonga 
Uganda 

Uganda 

Uganda 

Uganda 

,  Uganda 

Uganda 

Uganda 

Uganda 

Uganda 

1990  Sisal 
1991  Coffee 
1991  Cotton 
1992  Coffee 
1992  Cotton 
1992  Girotle 
1993  Coffee 
1994  Coffee 
rev er  Coffee 
1990  Copra 
1991  Copra 
1993  Copra 
1994  Copra 
1995  Copra 
1990  Cocoa 
1990  Coffee 
1991  Cocoa 
1991  Coffee 
1992  Cocoa 
1992  Coffee 
1992  Cotton 
1993  Cocoa 
1993  Coffee 

1993 

Noix et hu1es  de 
karite 
1994  Cocoa 
1995  Cocoa 
rev er 
1990  Copra 
1990  Bananas 
1991  Copra 
1991  Bananas 
1992  Copra 
1992  Vanilla 
1993  Copra 
1994  Vanilla 
1990  Coffee 

0,1 
11,2 
1,3 
12,5 
0,9 
0,2 
8,6 
2,8 
1,0 
0,0 
0.0 
0.0 
0,0 
0,0 
1,7 
3,5 
1,7 
6.1 
1,1 
1,7 
0,3 
2,0 
1,8 

0,3 
0,4 
1,2 
0,3 
0,5 
0,5 
0,3 
0,5 
0.1 
0,0 
0,1 
0,1 
37,0 

0.1 
11.2 
1,3 
12.5 
0,9 
0,2 
8,6 

~.8 
1,0 
0,0 
0,0 
0.0 

1,7 
3.5 
1,7 
6,1 
1,1 
1,7 
0.3 
2,0 
1,8 

0.3 
0,4 
1.2 
0.3 
0.5 
0.5 
0.3 
0.5 
0.1 
0,0 
0.1 
0,1 
37,0 

12/09/92 

19.2  TZS 

5.179,6 

(I) 
5.179,6 

5.081,8 

(2) 
5.081,8 

12.5  TZS 

6.94~.5 

6.944.5 

6.928,8 

6.884.0 

(1)-(2) 

97,9 

60,5 

0.1~ 

0.09 

29/04/94 

11.2  TZS 

8.012,0 

8.015.3 

7.603,7 

7.494,0 

521.2 

21/03/94 
14/09/95 

0,0  ECU 
0,0  ECU 
0,0  ECU 

0,0 
0,0 
0,0 

0,0 
0.0 
0,0 

0,0 
0,0 
0,0 

5,2  ECU 

7,1 

7.1 

7,1 

30/09/97 

7,7  ECU 

10,2 

10,2 

10,2 

0,0 
0,0 

7.1 

10.2 

0,0 

0.04 

2.5 

5,0 

2,52 

5,00 

30/09/97 

3,1  ECU 

3,4 

3,4 

3,4 

3,4 

3.44 

4,6 
0.4 
1,3 
0.3 

4.6 
0,4 
1.3 
0,3 

4.6 

4.6 
0.4 
1,3 

0,00 
0.38 

0,4 
1,3 
0,3 

30/09/97 
30/09/97 

10/04/97 

ECU 

3,9 
0,4  ECU 
1,3  ECU 
0.3  ECU 
0,5 
1,0  TOP 

26/09/95 

0,7  TOP 

10/04/97 

0,1  TOP 
0.1  TOP 

Cotton 

Coffee 

0.7 

0,7 

13/03/92 

32.8 

32.8 

Hides & skins 

1,4 

1.4 

24/06/93 

Coffee 

22,7 

22,7 

Hides & skins 

1,6 

1.6 

23/11/95 

Coffee 

45,8 

45,8 

14/08/97 

1990 

1991 

1991 

1992 

1992 

1993 

1993 

Hides &  skins 

1995 

Tea 

0,5 

0,4 

0,5 

0.4 

1-t/08/97 

20.297.4 

20.257,5 

15.122.9 

5.134,6 

15.122,9 

11.9~ 

UGX 

37,7 

UGX 

UGX 

34.2 

UGX 

UGX 

24.3 

UGX 

UGX 

UGX 

91 

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 

Country 

Year 

Product 

Amount 
Decided 

(~IECU) 

Amount 
Paid 

signature of 
(~IECU)  the:  F~!O 

F~IO 
(ECU) 

Date:  of  Amount of 

Counterpart  funds  (m  millions of local  currc:ncy) 

LC. 

Amounts 
due 

CF  Paid  CF Corn-

in  account 

mi~:d 

CF  Paid 
from 
account 

Unpaid 
balance on 
account 

Unpaid 
balance on 
account (in 

~IECU) 

(I) 

{2) 

(I )-(2) 

Uganda 
Vanuatu 
Vanuatu 
Vanuatu 
Vanu:ltu 
Vanuatu 
Vanuatu 
Vanuatu 
Western 
Samoa 
Western 
Samoa 
Western 
Samoa 
Western 
Samoa 
Western 
Samoa 
Western 
Samoa 
Western 
Samoa 
Western 
Samoa 
Western 
Samoa 
\Vestern 
Samoa 
Zimbabwe 

Zimbabwe 

Zimbabwe 

Zimbabwe 

Zimbabwe 

Zimbabwe 

Zimbabwe 

rc:ver 

1990  Copra 
1991  Copra 
1992  Copra 
1993  Copra 
1994  Copra 
1995  Cacao 
rev er  Copra 

Cocoa 

Copra 

Oil  cakes 

Cocoa 

Copra 

Oil cakes 

Copra 

Oil  cakes 

Copra 

1990 

1990 

1990 

1991 

1991 

1991 

1993 

1993 

1994 

rev er 

1992  Coffee 

Cotton 

Cotton 

Coffee 

Cotton 

Cotton 

1992 

1993 

1994 

1994 

1995 

rever 

1.6 
1.7 
0.~ 
0.3 
0.3 
0,1 
0,5 
0,0 

0,4 

L6 

0,2 

0,3 

1.8 

0.2 

0,1 

0,0 

1.2 

0,0 
2.5 

UGX 

23/07;93 

2. I  EClJ 

22/0~.'96 

0.6  ECU 

3.7 

3,7 

3.7 

3,5 

0.2 

0.16 

I 

1.7 

0.~ 
0.3 
0.3 
0,1 

0,0 

0,4 

1.6 

0.2 

15/12/92 

\VST 

2.2 

7,8 

7,8 

7.8 

7,8 

0.0 

0.00 

18/0~/95 

0.3 

1.8 

0,2 

0.1 

\VST 

2.3 

8,0 

8.0 

8.6 

4,8 

.. 

3.2 

1.05 

0.0 

2 7/02/97 

WST 

0,1 

0.4 

0.4 

I 

0.~ 

0.12 

1.2 

0.0 
2.5 

26/06/95 

\VST 

1.3 

3.9 

12.8 

12.8 

5. 7 

5.7 

03/10/96 

2.7 

2.1 

2.7 

20/ I 0!97 

2.1 

20/10/97 

12,1 

12.1 

1.2 

1.2 

ZWD 

15.3 
-- ZWD 

),/ 

ZWD 

Z\VD 

4.9 

Z\VD 

12.1 

Z\\'0 

1,2 

2~1.9 

217.6 

190.1 

162,7 

96.1 

89.21 

65,1 

65, I 

5~.8 

2-U 

3.60 

1.5S 

I 

I 

137,3 

73.71 

73.7 

73.7 

4.8~ 

192.9 

I 

I 

llo rand  1 ocal 

1.1/':l,b 

1.()_ '7,.:. 

l.4C>o.~ 

I 
Ol1.DU,L  )U.!.)4/,l  4S.>  ool,l,  44':/.oJL,I 

I 

)..+._,;s L,-+ 

92 

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 

Country 

Year 

Amount 
Decided 
(MECU) 

Amount Paid 
(MECU) 

Date of 
signature of th~ 
FMO 

Amount of 
F~fO 
(ECU) 

Bank balance 
(Ecu) 

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~ 

1990 

1991 
1993 
1995 
rev er 
1990 
1990 
1991 
1991 
1992 
1992 
1993 
1993 
rever 
1995 
1990 
1991 
1991 
1991 
1992 
1992 
1993 
1994 
rev er 
1995 
1990 
1990 
1993 
1994 
1995 
1990 
1990 
1991 
1991 
1992 
1992 
1993 
1993 
1994 
rev er 
1993 
1994 
rev er 
1990 
1990 
1991 
1992 
1992 
1993 
1993 
rever 
1990 
1990 
1991 

0.3 
0,4 
0,7 
0.2 
0.0 
16,2 
0.3 
7,8 
0,2 
9,0 
0,3 
20,4 
0,3 
0.7 
0.3 
0,4 
0,7 
0,4 
0,7 
0,8 
0,8 
0,7 
13,9 
0,3 
0,7 
0.0 
0,1 
0.4 
0,7 
0,7 
39,1 
28,3 
39,9 
29,3 
26,4 
21,5 
20,9 
13.0 
12,2 
13,6 
4,6 
6,5 
0,2 
1,4 
0,9 
0.2 
0,8 
0,1 
0,3 
0,5 
0,0 
6,1 
0,6 
2.5 

0.3 
0,4 
0.7 
0.2 
0.0 
16.2 
0.3 
7.8 
0,2 

0.4 
0,7 
0,4 
0,7 
0,8 
0,8 
0,7 
13,9 

0,0 
0.1 
0,4 
0,7 

39,1 
28.3 
39.9 
29,3 
26.4 
21,5 
20,9 
13.0 
12.2 
13.6 
4,6 
6.5 
0,2 
1,4 
0,9 
0.2 
0.8 
0.1 
0.3 
0.5 
0,0 
6.1 
0.6 
2,5 

23/02/92 
24/08/93 

0,3 
0,4 
0,7 

779.432,40 
210.907,00 

10/06/92 

16.5 

229.663,00 

8,0 

9.621. 704,00 

22/02i94 

27/10/92 
01/03/96 
01/03196 

2,1 

1,4 
0,7 

14,8 

0.1 
0,4 
0,7 

14/02.'93 

67.4 

107.089,51 

l.l21.3 78,80 

13/08<93 
17/05/95 

17105·95 

29105,96 

23/10•92 
18/\0.95 
18/10t95 
18.'1 019~ 
18/10195 
18/10,95 

16/10t92 
16/10,92 
2010 1t95 

69.2 

23.566.095,92 

47,9 

49.309.142,00 

32,6 
12.2 

4,4 
6,5 

4.559.673,30 
26.236.770,00 

3. 963.356,3 7 
7.148.615,10 

2.3 

908.836,72 

1,9 

6,7 
2,5 

1.491.541,54 

93 

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 

Country 

Year 

Amount 

D~:cided 
(MECU) 

Amount Paid 
(MECU) 

Date of 
signature of the 
FMO 

Amount of 
F\10 
(ECl) 

Bank balance 
(Ecu) 

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 

1992 
1992 
1993 
1993 
1993 
rev er 
1990 
1990 
1991 
1991 
1992 
1992 
1993 
1993 
rev er 
1990 
1991 
1992 
1993 
1994 
1995 
rev er 
1990 
1990 
1991 
1991 
1992 
1992 
1993 
1993 
rev er 
1990 
1991 
1992 
1993 
1994 
1990 
1992 
1991 
1990 
1991 
1992 
1993 
rev er 
1990 
1990 
1990 
1991 
1991 
1991 
1992 
1992 
1992 
1993 

1,9 
0,4 
.  4.8 
0.8 
1.1 
0,2 
16,7 
7".5 
67,1 
4,7 
46.6 
7,2 
9,0 
24,1 
19,8 
0.7 
0,2 
1.2 
3,5 
9,2 
12.8 
0,2 
58.5 
6,1 
39,8 
9,6 
35.7 
5.2 
20,1 
2.5 
2.0 
0,6 
1.2 
1,1 
1,2 
0,9 
0.9 
0,1 
0,4 
6,9 
16,4 
4,9 
16,4 
6.0 
0,6 
0.3 
1.1 
0.3 
0.4 
1,1 
0,2 
0,6 
1.7 
0,2 

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 

1,9 
0.4 
4,8 
0.8 
1.1 

16.7 
74,5 
67.1 
4,7 
46.6 
7,2 
9,0 
24,1 
19,8 
0,7 
0.2 
1,2 
3,5 
9,2 
12,8 
0,2 
58,5 
6.1 
39.8 
9,6 
35,7 
5.2 
20.1 
2.5 
2.0 
0,6 
1,2 
1.1 
1.2 
0,9 
0,9 
0,1 
0,4 
6,9 
16.4 
4,9 
16,4 
6.0 
0,6 
0.3 
1.1 
0,3 
0,4 
1.1 
0.2 
0.6 
1,7 
0.2 

25/09/96 

21/12191 

19103/93 

02/08/94 
04/07/95 
04/07/95 

30/03/93 

30/10/96 

, ~ 

-·.) 

6.3 

91.2 

71.8 

~3.8 

31.8 

0.8 
1.2 
3.5 
9,2 

22/02/93 

~.6 

26/08/93 

22/03/96 

02/11/92 
08/10193 

49A 

40.9 

21.i 

0.6 
1.1 

I 
0.~ 
6.S 
16 . ..l 
..:.9 
15.7 

15106/92 

:!.Cl 

15/11/93 

16/08194 

1.8 

' l .  _, .. 

94 

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 

Country 

Year 

Amount 
Dt:cided 
(MECU) 

Amount Paid 
(MECU) 

Date of 
;ignature of the 
FMO 

Amount of 
F:-.to 
(ECt.J) 

Bank balance 
(Ecu) 

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 

1993 
1993 
1994 
1994 
1994 
1995 
1995 
rev er 
1991 
1991 
1992 
1992 
1992 
1993 
1993 
1994 
1990 
1990 
1991 
1992 
1993 
1994 
rev er 
1995 
1990 
1990 
1990 
1991 
1991 
1992 
1992 
1993 
1993 
1994 
rev er 
1990 
1991 
1992 
1992 
1993 
rev er 
1990 
1991 
1993 
1991 
1991 
1992 
1992 
1993 
1993 
1994 
rev er 
1990 
1990 

0,6 
1.5 
l.l 
0.8 
0,1 
1,2 
0,5 
0.1 
0.2 
0,2 
0.1 
0,2 
0,1 
0,1 
0,0 
0,4 
2,1 
0,2 
1,2 
1,5 
0,9 
1,6 
0,1 
0.8 
1,4 
9.8 
0,4 
5,1 
0.3 
3,9 
0,1 
0.1 
4,7 
6,5 
0,3 
28.9 
16.4 
16,5 
0,3 
16,7 
6,0 
0,4 
0,2 
0,0 
0,4 
0,6 
1,0 
0.4 
1.0 
0,1 
0,3 
0,0 
19,0 
1.7 

20/12/95 

2.2 

2.0 

03/12/93 

0,4 

42.209,95 

01108195 
28/03/96 

08/06/93 
11/04/95 
11/04/95 
11/04/95 

22/05/95 
22105195 
22105195 
22/05/95 
22105195 
22105195 
22/05/95 
22/05/95 
22/05/95 

03/07/92 
28/09/95 

30106193 
27/07/93. 
23102195 

10/05/94 

I 010519-l 

24/11/94 
16/06/96 

0.4 

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 

2,3 
1.2 
1.5 
0,9 
1,6 

25.7 

0 
28.9 
16.4 

0.4 
0,2 
0.0 

0,9 
0 
2.3 

1.0 
0,3 

0.6 
1,5 
1.1 
0.8 
0,1 

0,2 
0,2 
0.1 
0.2 
0,1 
0,1 
0.0 
0.4 
2,1 
0,2 
1,2 
1,5 
0,9 
1.6 

1,4 
9,8 
0.4 
5.1 
0.3 
3,9 
0,1 
0.1 
4.7 
6,5 
0.3 
28.9 
16.4 
16.5 
0.3 
16,7 

0.4 
0,2 
0.0 
0,-l 
0,6 
1.0 
OA 
1.0 
0,1 
0,3 
0,0 
19.0 
1.7 

95 

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 

Country 

Year 

Amount 
Decided 
(MECU) 

Amount  Paid 
(MECU) 

Date of 
signature of the 
FMO 

Amount of 
FMO 
(ECU) 

Bank  balance 
(Ecu) 

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 

... 

1990 
1990 
1991 
1991 
1991 
1991 
1992 
1992 
1992 
1993 
1993 
rev er 
1990 
1991 
1990 
1991 
1991 
1994 
1995 
rev er 
1990 
1991 
1992 
1994 
rever 
1991 
1991 
1992 
1993 
1993 
rev er 
1990 
1990 
1990 
1990 
1991 
1991 
1991 
1992 
1992 
1993 
1993 
1994 
rev er 
1990 
1990 
1990 
-..1.991 
1991 
1991 
1992 
1992 
1992 
1995 

0.8 
0,1 
14.0 
1,6 
0.6 
0.3 
9.1 
0,-l 
0,5 
3,9 
0,6 
2,9 
0.3 
0.6 
1.7 
2.3 
0.2 
4,2 
8,1 
0.3 
9,6 
4,1 
0.8 
1,0 
0.6 
1.2 
0,0 
0.6 
0.2 
1.6 
0,0 
6,8 
7,6 
3,3 
7,3 
7.1 
8.7 
1,5 
4,7 
12,7 
4,5 
8.2 
7,3 
5,0 
15.4 
1.0 
0.2 
1},2 
0,9 
0,0 
13,4 
0,8 
0.1 
0,7 

13107/92 

21.6 

32.970,31 

27/05/92 

16.6 

16.161.871,31 

02/06/94 

10,0 

11.695.279,51 

16/12/94 

29/12/92 
26/01/94 
20/07/95 
20/07195 
20/07/95 

30/06/92 
20/07/93 

4,5 

0.3 
0.6 

462,27 

0,00 

4,2 

13.688.023,81 

534,05 

.  ' 

.. 

9,6 
4,1 

1.3 

27/02/92 

2-l.9 

12/10/93 
01/02/95 

01/02/95 

08/10/96 

17,2 

29.6 

03/08/92 

•  16.6 

10.1 

0.8 
0.1 
14,0 
1,6 
0,6 
0.3 
9.1 
0.4 
0.5 
3,9 
0.6 

0.3 
0,6 
1,7 
2.3 
0,2 
4,2 
8.1 
0,3 
9,6 
4,1 
0,8 
1.0 

1,2 
0.0 
0,6 
0.2 
1,6 

6.8 
7,6 
3.3 
7,3 
7,1 
8,i 
1,5 
4,7 
12,7 
4,5 
8.2 
7.3 

15,4 
1.0 
0.2 
9,2 
0,9 
0.0 
13,4 
0,8 
0,1 

96 

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 

Country 

Year 

Amount 
Decided 
(MECU) 

Amount  Paid 
(MECU) 

Date of 
signature of th~ 
F:-vto 

Amount of 
FMO 
(ECU) 

Bank balance 
(Ecu) 

3110519~ 
16/01/95 
26/04/96 

27/01/94 

05/01/95 
05109196 

9,2 
15,7 
5.5 
2.9 
1,9 
1.0 
1.1 
0.8 

0,7 
3,6 
22,2 
17,7 
0.3 

9.2 
15.1 
5.5 

1.0 
1.1 
0,8 

4,2 
22.2 

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 

5,7 

15106195 

5,7 

2.232.345,76 

25.7 

13.5 

0.2 
2.0 
0,8 
0.7 
1.7 
0.6 

0,4 
3.6 
0.7 
0.2 
1.3 
0,0 
0,6 

25,7 

27.356.057,33 

13.614.130,03 

2.232.445, 76 
326.438,28 

22/06/93 

29/03/94 
28/06/95 
28/06/95 

2.0 

1.4 
.,  ~ 

- • .J 

25/02/92 

29/09/93 

948.363,43 

4,6 

1,5 

0.6 

566.684,65 

1.810.587,17 

672.447,30 

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 

1995 
rev er 
1992 
1993 
1994 
1995 
rev er 
1990 
1991 
1992 
rev er 
1992 
1993 
1994 
1995 
rev er 

1993 

1994 

1995 

rev er 

1990 
1991 
1991 
1992 
1992 
1993 
1993 
1994 
1994 
1995 
rever 
1988 
1990 
1990 
1990 
1991 
1991 
1992 
1993 
1994 
1995 
rever 
1990 
1990 
1990 
1990 
1990 
1990 
1991 
1991 

0,6 
0.6 
9.2 
15.7 
5,5 
2,9 
1.9 
l.O 
1,1 
0,8 
0,0 
0,7 
3,6 
22.2 
17,7 
0,3 

5,7 

25,7 

13,5 

0.2 
2.0 
0.8 
0,7 
I, 7 
0,6 
1,7 
1.1 
0,2 
1.2 
1,2 
0.1 

0.4 
3,6 
0,7 
0,2 
1,3 
0,0 
0.6 
1.3 
0,2 
OJ) 
2,1 
18.9 
2,8 
2,9 
3,2 
1,8 
0,2 
25,8 

97 

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 

Country 

Year 

Amount 

o~cidc:d 
(t-.IECU) 

Amount Paid 
(MECU) 

Date of 
signature of the 
FMO 

Amount of 
F\10 
(ECU) 

Bank balance 
(Ecu) 

-

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 

1991 
1991 
1991 
1991 
1992 
1992 
1992 
rev er 
1993 
1993 
1994 
1990 
1990 
1990 
1991 
1991 
1992 
1992 
I992 
1993 
1994 
rev er 
1990 
1991 
1993 
1994 
1995 
1990 
1990 
1991 
1991 
1992 
1992 
1992 
1993 
1993 
1993 
1994 
1995 
rever 
1990  . 
1990 
1991 
1991 
1992 
1992 
1993 
1994 
1990 
.  1990 
1991 
1991 
1992 
1992 

0,8 
3,5 
1.5 
0,-t 
0.2 
24.6 
3.5 
2.1 
1,7 
0.8 
7,0 
19,1 
0.0 
0.1 
11.2 
1.3 
I2,5 
0,9 
0,2 
8,6 
2,8 
I,O 
0,0 
0,0 
0.0 
0,0 
0,0 
1.7 
3,5 
1,7 
6,1 
1,1 
I ,7 
0.3 
2.0 
1.8 
0,3 
0,4 
1.2 
0,3 
0.5 
0,5 
0.3 
0.5 
0.1 
0,0 
0.1 
0,1 
37,0 
0,7 
32,8 
1.4 
22,7 
1.6 

19,1 
0,0 
0.1 
11.2 
1.3 
12.5 
0.9 
0.2 
8,6 

0.0 
0,0 
0.0 

l.7 
3.5 
1.7 
6.1 
1.1 
l.i 
0.3 
2.0 
1.8 
0.3 
0.4 
1.2 
0.3 
0,5 
0.5 
0.3 
0.5 
0,1 
0.0 
0,1 
0.1 
37.0 
0,7 
32,8 
1.4 
22.7 
1.6 

12/09/92 

19,2 

1.978.667,41 

12,5 

7.706.976,38 

29/04/94 

11,2 

14.4 I 8. 767,03 
9.146.439,46 

21/03/94 
14/09/95 

26109195 

0,0 
0,0 
0,0 

5,2 

7,7 

3.733,07 

5.048.775,73 

3,1 

3.444.182,01 

3,9 
O,..l 

0.3 

1.0 

0.7 

0,1 
0,1 

4.572.830,96 
384.820,23 

254.669,15 

2.163.377,24 
74.975,8 I 

13/03192 

37,7 

14.509.852.21 

2M06/93 

H.2 

17.108.361,68 

23/ll/95 

24,3 

24.602.450,26 

98 

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 

Country 

Yc:ar 

Amount 
Dc:cid.:d 
(\!ECU) 

Amount Paid 

(~IECU) 

Oat~ of 
5ignatun: of the 
FMO 

AmoL:m  of 
F\10 
(ECLJ) 

Bank  balance 
(Ecu) 

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 

1993 
1993 
1995 
rc:ver 
1990 
1991 
1992 
1993 
1994 
1995 
rev er 
1990 
1990 
1990 
1991 
1991 
1991 
1993 
1993 
1994 

re~·er 

1992 
1992 
1993 
1994 
1994 
1995 
re~· er 

45,8 
0.5 
0.4 
1,6 
l.i 
0.4 
0.3 
0.3 
0.1 
0,5 
0,0 
0.4 
1,6 
0.2 
0,3 
1,8 
0,2 
0,1 
0,0 
1.2 
0.0 
2.51 
12.8 
5.i 
..,  -
-·' 
2,1 
12.1 
1.2 

45.8 
0.5 

1.7 
0,4 
0.3 
0.3 
0.1 

0.4 
1.6 
0.21 
0.31 
1.8 
0.2 
0.1 
0.0 
1.2 
0.0 
2.5 
12.8 
5. 7 
.,  -
-·' 
2.1 
12.1 
1.2 

23/07:93 

22/04t96 

15112t92 

18.'0~195 

~6.'0619 5 
I 
03/10,961 

I 

I 

49.134.500,81 

196.578,48 

1.297.786,35 

14.776,88 

2.1 

0.6 

2.2 

.,  ~ 
-·-' 

0.1 

I 5.3 
5.4 

1.307.442.4 7 
6.220.130,00 

6.087.672,46 

I. I  i.:S,4 

l.biJ'i.~ 

I.J~J • .!.. 

o-t-t.U.:S.i69,1 

99 

-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): 

16.060.242 
(1.809.818) 
142.974 
640.662 

BALANCE AT 31  DECEJ.\tiBER 1997: 

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): 

Aid for refugees 
Microprojects 
Training 
Trade fairs 
Technical cooperation 
Cultural cooperation 

6th EDF 

7th  EDF 

Unspecified 
EDF 

0.2 
30.1 

14.7 
..,  ? 
2= 
48.2 

36.5 
14.7 
51.2 

0.1 

2.7 
0.4 
3.2 

-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 
DKR 
DM 
DRA 
ESC 
FF 

3,30100 
0,19760 
0,62420 
1,44000 
1,39300 
1,33200 

HFL 
IRL 
LFR 
LIT 
PTA 
UKL 

0,21980 
0,00855 
0,13000 
151,80000 
6,88500 
0,08784 

(c) 

Revenue 

Financial contributions are paid either in ecus or, where Member States show due reason, 
in  national  currencies 
the  treasuries  of  the 
into  special  accounts  opened  with 
Member States. 
to 
operational  accounts  held  in  ecus  or  a  Member  State's  currency  to  meet  the  cash 
requirements of projects and programmes. 

The  Commission  makes  transfers  from 

the  above  accounts 

(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 
DKR 
DM 
DRA 
ESC 
FF 
FMK 
HFL 
IRL 
LFR 
LIT 
os 
PTA 
SKR 
UKL 

40.7675000 
7.527970 
1.976320 
312.039000 
202.137000 
6.612140 
5.987260 
2.227420 
0.771961 
40.767500 
1 942.030000 
13.902000 
167.388000 
8.732340 
0.666755 

113 

2 

6TH AND 7TH EDF 1997 REVENUE 

114 

REVENUE OF  6th  and  7th  EDFs- 1997 
(thousand ecus) 

-~~--------

- - - - -

6th EDF 

INITIAL PERCENTAGE BY 
M!:MBER STATE 

BALANCE 

PAID 

INITIAL PERCENTAGE BY 
MEMBER STATE 

7th EDF 
CONTRIBUTIONS 
CALLED IN 

CONTRIBUTIONS 
PAID 

3,96 

2,08 

23,58 

26,06 

1,24 

0,55 

12,58 

0,19 

5,64 

0,88 

6,66 

16,58 

100,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

Belgium 

Denmark 

France 

Germany 

Greece 

Ireland 

Italy 

Luxembourg 

Nether1ands 

Portugal 

Spain 

United Kingdom 

EIB 

SUBTOTAL 

OTHER  REVENUE 

Interest on  bank deposits 

Assigned  interest 

Transfer from  5th and  6th EDFs 

TOTAL 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

0,00 

3.500,00 

3.500,00 

115 

3,96 

2,07 

24,37 

25,96 

1,22 

0,55 

12,96 

0,19 

5,57 

0,88 

5,90 

16,37 

47.520,00 

24.840,00 

292.440,00 

311.520,00 

14.640,00 

6.600,00 

155.520,00 

2.280,00 

66.840,00 

10.560,00 

70.800,00 

47.520,00 

24.840,00 

292.440,00 

311.520,00 

14.640,00 

6.600,00 

155.520,00 

2.280,00 

66.840,00 

10.560,00 

70.800,00 

196.440,00 

196.440,00 

100,00 

1.200.000,00 

1.200.000,00 

10.933,20 

(3.500,00) 

1.566,34 

1.208.999,54 

I 

I 

I 

I 

I 

3 

6TH  EDF 

116 

---- ---·-- ·----·-----

Balance sheet at 31  December 1997 
-··{thousand ecusf 

3.1 

6TH  EDF 

=~~=--; =~=-=-==--
----'- -----------·-------···-·-· ----------------··--·- --
ASSETS 
-------~----- ------·-··--:-·--·--·-·-- ··----· 

' ==-~~---~-~----~]....__· ___ 1_99_7 __  ___.1 

:  NOTES 

-=  ..  ---

-·-

1996 
l 
.. -----------1 
· - - - - - - - - - - - - - - - - - - - - - - -1  

-

------ -~-- ---- _ _ __ _  .._ ________  ---~------

Long-term assets 
- - - - - -

3.1.1 

---,....--------···--·--·  .  ·--

-

.  ----

...  - - - - - - - - - - - - - - - - - - - - - - - - - - -1  

---

.  .. 

- -·-----. - - ....  - - - - - - - · - - - - - - - - - · - - -··-- ----- - - - - - - - - - · - - - -1  

Contributions receivable 
____ .. ______ -- -·--··-----~ ------·-- ·---
· 
Current assets 

; 

' 

I 

__ :_(7.560.000,00) 

. - . . . .  ·-----------------------·-··--·------~ 
________________  ----·----~o ____________________ o._o--lo 
-- ....... -· --··----· ·-·- --· -- · - - - - - - - - -

.  ····-··------- -- ·--------------~------------ - - - - - - - - - -1  

. 

-- -------- ·---·---- ·----- ---------------- ··-------------------------------
Debtors 
- - - - - - - - - - - - - - - - - - · - - - - - -------·- -- .. : ··--- ---:--:-:-::.-:-:--------------,---::-:~--------f 
!reasury a~vance to 7th EDF 
Advances : 
---------------------
- - - - - - - - - - - - - - - - - " - - - - - - - - - - - - - - - - - - - - - - · - - - - - - - - . . , . - - - - - - -~-----1 

3.1.3 
··3."f~4--~- -17.957-.1~5---·----------1-9.-6-12-.-72 __  _ 

859.960,14 

689.812,41 

: 

707.719,56 

879.572,86 

I 

~--~~------~---~~-~ 
3.1.5 
Cash at bank 
Treasury accounts 
ACP  paying agents 
EUR paying agents 
Stabex special accounts 
i 
I 

! 
I 

i 
I 
! 

I 
I 

T ota I assets 

I 
I 

LIABILITIES 

190.084,34 i 
28.880,39 
111.587,60. 
90.995,23 

I 

! 

140.980,48 
24.475,84 
130.979,85 
106.056,63. 

421.547;56. 

402.492,79 

I 
I 

1.129.267,12 

1.282.065,65 

____ _.;._ __ __ __ _  -'-:-o----·-·--·--·-·-------·---·----~--------------
Fund capital (cumulative figures) I 

I 

Initial allocation 
EIB  special contribution 

7.500.000,00 
60.000,00, 

7.500.000,00 
60.000,00 

- - - - - - - - - - - - -+ - - · - - - - - - - - --·-·--------~------__;___ _______________ -4 
Other resources 
1=---:----=-----:----=---:--:----·-·-·-··-----=------==-~·-------------·------l 
-:T-:--ra_n_s_fe-:-rs-=-f_ro __ m_e""""7ar-=-li_er~F_u_n_ds _________ ~ -~~- _____  321_:~57 ,3_~-----
1
~eplenishment of Stabex resources 
Interest used 
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 
359.680,47 
___ _____________ ___ ___ ____ _____ _______ __  __:___-o----------__:_---J 

-----ifs ___  ·  ·---36.278~f2-- -- -----32.778.12 _____ _ 

321.957,38 
185.102,55 

185.102,55 

361.614,13 

3.1. 7 

!_o_t __ a_l _c_a_:p:..,_i_ta __ l __________ ~----- ________ . _7 .921.614,13. 

7.919.680,47 

Expenditure paid 
Expenditure already booked 

~~~~~t~re to..~~_re~~larised --------~-~~.:.!_~--

(6.637.639,98) 
·----··------------------~----- ______  __:c.. __ _  ......:._...:..__..:... _____  ~ __  __;_----=-1 

: (6.792.372,17) 

____ ..:..__ ______ ...;___ __ ~-----"----·------------~---+----------__. 
1.282.040,49 
Balance available for payments 
~-----..:..__~--~~-------------~------------

·  1.129.241,96 

3.1.11 

i (6.777.641,54) 
(14.730,63) 

--~------~~---------~---~~------~ 
(33.841.43)  - - - - - - - ;  

1  (6.603.798,55) 

Creditors 
~----~---:----:----:--_._ _____ ::-_· __ .__ _________ -------------~------------1 
Revenue to be regularised 
:  3.1.13 
.:....:...:...:...:......:...:.. . ..:.;-:.~...::..:::...----·---,------

25,16 

25,16 

: 

~---:----.;---;.--"-----...----~--- - - ..4------------"-----------+--+-----------~ 

Total liabilities (net balance) 
L-~--------~--------~-------------------------~--~~~-------------

1.129.267,12: 

1.282.065,6~ 

11.7 

25,16 

! 

25,16 

--

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 

Revenue 

NOTES 

--------- ------------------ -----~---r----------- ---- -----

1----·-----::----:---:-·--:---- -- - - - - - - - - - - - - - - - - - - ·  - - - - - - - - - - - - - - - - - - - - - .. - - - - - - - - - - --- ·-------
Contributions paid  Member States 
C-ontributions paid EIS 

--------------~.00 ____ ---~-_5_~9_:_~9_~_.9~ 
60.000,00 

3.2.1 
-------·-----i1:2__________ 

7.500.000,00 
60.000,00. 

0,00 

tntE!res_~~-~~-a~-~~~-==-~~-=- ------·--i1.8- ·- · ----- - a:ioa.·ao ___ ------

Interest used/Stabex 

·---- ------- -- 3.2~2----- ------ -24.o-i8~1-2 _____ -----

------ -- 3~5-oo.oo-~--- --- --12:2oo~oo 
------·-o:oa----·- --- --i~6i8~1-2 

-- -------- ---

Interest on deposited funds 
~J.~~------------~·00 
ReplenishmentofStabex resources 
___ 3_JJ _____ 185.10_~55 
Transfers from  ~~EDF -----------~-._1...:~----- ___  177.632,24 
Transfers from 4th EDF 
144.325,14 
Transfers~~~h EDF _________ ~-3~~~~~=- --=--~J~~~f57,58) 

3.1.6 

0,00· 
0,00 
_________  0,00 
0,00 
(1.566,34). 

- - - - - - -
0,00 
185.102,55 
177.632,24 
144.325,14 
----~~~1.72~.~~ 

--------------------------- .. 
Total revenue 
-------------------~-------------------------------------~----------------~ 

7.919.680,47: 

7.921.614,13 

1.933,66, 

Expenditure 

i 

3.2.3 

Total indicative programmes 
Grants (excl.  admin costs) 
Special loans 

.._.,_ ____________________ _ 

4.128. 735,80: 
3.706.415,34 
422.320.46 

-~----

147.594,77' 
136.122,93 1 
11.471,84: 

'  4.276.330,57 
' 3.842.538,27 
433.792,30 

1 - - - - - - - - - - - - - - - - - - - - - ·  -------------·-· ----------------.--- - ·-·· ------------------ .. - -----
Structural adjustment 
5.406,68 
, . - - - - - - - '----
i 
---2-2-.5-2-4,-7-0 ,_.. -~--2A89.-Bi9,0S 

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,:__....______ 

- - - - - - - - - - - - ·----------- _,  ------------- ---·-------------- - - - -

5.368,44 

38,24. 

I 

------------~-------

Interest subsidies 
Emergency aid 
Aid for refugees 

1--~-=---------------·-----------------------

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~ 
1.451.123,08 
Stabex 
--------------------------------------------- -
69.867,96 
Transfer from 4th  EDF 

1.451.123,08 
59.171,45 

0,00 
10.696,50 

- - - - - - - - - - -

84.458,40 
179.866,53 
94.797,71. 

(192,58) 
84,75: 
o,oo· 

84.265,83 
179.951,29 
94.797,71 

--------'- ----------------. --------- --··  .... --.  ---- --------------~-----------------------
------------------------------- ..... - .... ---- ----~~~~--------:-::-~~~----~~~---f 
Total 
6.601.458,58. 
---------------- --------· ----------------------------------------~---------~ 
- - - - - - - ----------------------------------------------------~----------------
6.025,25 
Administrative and financial costs 

------- ________________ :......__~----------0..---t--------

6.771.616,29 

170.157,71. 

2.339,97. 

3.685,28 

3.2.4 

Total expenditure booked 

6.603.798,55 

173.842,99 

6.777.641,54 

----------------------------------~-----~ 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - , - - - - - - - - - - - - -
14.730,63 
Expenditure to be  regularis_~---- ~:!:_g___ 

1----------------------------------·--------.... ~-....._~--~~~-----~ 
---------------------------·-------·-... ------------------4 

1 - - - - - - - - - - - - - - - - - - - - ------------ _________ .....,__~----------'---;-----

Total expenditure 

6.637.639,98: 

6.792.372,17 

154.732,19: 

(19.110,80) 

33.841,43 

Difference revenue/expenditure_, __________ _ 

1.282.040,49: 

(152.798,53) i 

1.129.241,96 

118 

----------------------------------~----------------1 

3.3 
_________________ S_t_a-te_m_e __ n_t_o--f--s-ources  ancfappffcation of funds __________ _ 
----------- ----------

for year closed 31  December1997 _______ _ 

6th EDF 

-----------------

(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 
~---------------~----------------------
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - J  

170.147,73 

3.3.3 

Applications 

Expenditure for the year 

Increase in  advances to  EAC 

Transfers to 7th  EDF 

195.334,34 

173.842,99 

870,23 

1.566,34 

3.3.4 

3.3.5 

3.3.6 

1 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - .  -·-·- ---------:-------·-------~ 
1 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - l  

176.279,56 

Difference corresponding to increase in cash at bank 

19.054,77 

119 

4 

7™ EDF 

120 

----------Balance she et at 31-Dec_e_m--=-b_e_r -=-19=-9=-=7=------------------
---- ---------------------------------- -(tfiousand-ecus} _______  -------------·------------------

4.1 

7th EDF 

-~-~-=-~-------------- ·-----------------~~  ~?fEEI: ~---=------~~----~~L-1 __ 19_9_7_...J ______ __..l __ 1_99_6_--l 

ASSETS 
- -·---------------------------·--·- -- ------.  -- -·--- ----- --·---·-- ---------..----+--------------1 
~ong-term asset_:; ___  j ___ ~---~:~·-i=--~~--~~~-~-=-=~~--~~---_·----- --t--~------ -- ------------4 

. 

' 

________  :_ _________  -~---------L- --·· 
Initial allocation 

----------·--- ________  ----·-·  ~9:_9_~g:.ooo.oo~ 

- --- ---·------···-----:-=.--:::--::----+----- -----:-=:--::-------1 
10.940.000,00 

-·-- ...... - -

--...,..------

Contributions receivable 

-·-·  ·---- ----- ---~~9~~~~!~.!..~--------- _________ ?~!_~~.112,17 

- - - - - - - ·  ----·--------~~-----4 

Current assets 
----..,..---------~--~-- ----·--------- ---- --·- --------·- ----~---------------1 
- - - · - - - - - - - - - - - - - - - - · - - - - - - - - - -
Debtors 
___ _______  ........_ ______________ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _  ~ ___  _..:._ ___ _____  1 

0,00 

0,00 

----·--------- --- --------------------------------------

---------~---~--~-------------------':-----------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 
LIABILITIES 
----~---~,-----~---~-----------------~------~~-------~------~ 
1-=---:--~-:---:-:--~~~--'-::::----...._ ___  ___, _______________________ -----~-----------------1 
Fund capital (cumulative figures) ! 

., 

l 

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 
!  3.1.6 
Transfers from  earlier Funds 
ln_t __ e_r_es----=-t_u_se--:d:----:-:--=--=-----=-----~-------3. 1. 8 
interest on  deposited funds 

708.501,58 
1 06.34 7, 05 

3.T9 ____ --7Q.439-:as ____ · ·---- ---------:r69.353")-1 

706.935,24 

-

----

.  -- --- -- -

------ --- --- -- ---

- - - - · - - - - - - - - - - · - - - - - .. -
·---·------------------·--·--

- · - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -4  
876.288,95 
885.288,50. 
. - ------·  ------- ------------·----"-----------------~-1 
- - - - - - - - - - --------·---------------------------------------------4 
Total capital 
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 
6.280.152,03 
Balance available for payments 
___________ _:.__::.._ ______ ---"--------------- -·-----___;~--'--------------------=--! 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - · - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1  

11.825.288,50 

5.250.299,76 

Creditors 
Treasury advance from 6th EDF 

------------------------1 
..  ·- --- - ----------- -- ------- ·---·- 68"9~8-1--2~-.4-1~------·-----859.960,14 
_____________ ___; ___________ ~------·---------------------------4 

------- -----------

~- ·:fr3·--:-·sa9-:812.41 

859.960,14 

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 

Revenue and expenditure 
---·---- ·-- ---- --------- ---------- tor-yearclose-cf31-oecember 1997  ---------------------- --- .. -----
______  ---- ----------------- ----------------------- -(fllousan"d-ecus) 

-- ----·- ------------------------

- - - - - - - - - - - - ... 

-

4.2 

7th EDF 

- - - ··---------------------- ---·  ---------------- -- ..... 

_;  ···- ...  -----------.. ---4---------------- _____ .. _________ _;__• ------------

Cumulative 
figure 
31.12.1996 

, 

Revenue/Expenditure 
for 1997 

! . 
' 

Cumulative 
figure 
31.12.1997 

Revenue 
--------------------------------------------------------:---------- ------.------------------------

; 

-------------NOTES--~---·-------·---:-.------------- ---------------r-: --------···· 
------- ----·----------------

---------- ·····--··  ---------------- --------·------------·  ·--

1 

1 

, 

- --·· 

··-·· 

<?~!:!~b~~~~~~~----------------~.:?: ~---··· ___  ~!_~-~:~~~~-~~L_j____ ______ 
Interest used 
3.1.8 
Interest- - - - - ·  · ---- ------··  · ----- -----3:1.9 
fnterestusea7S1a5ex _____  -- ------ --------3.2~~------ ______ -_-_ _-_~!·-~~j~Q_s  -=--~~-~~~ -~-- ------~_-0.6()-- · ---- -9f347~os 
1-9]69~36 
~nterest/Stabex 
708.501,58 
Transfers from 5th  and 6th EDFs 

--- .. -- .- .. ------~---------· --------------~---- --------··-·-··-- ---· 
4.999.887,83 
. 
---9-.ooo]Jo 
·--------s1-.oi0~5o 

_ -~:~--------------~~?5.41 
706.935,24 
3.1.6 

1.200.000,00. 
3.ooo.oo 
----=-s1o.75• 

-- · ----s1~s812s~-------- -----

5.043,95: 
1.566,34 

s.ooo,oo 

i 

. 

---~--------------------- -- ---- ---

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. 
1-G_r_an_t_s ___  ____:.i ____________  -~ _____ -~ ·~9_?_.2_5_4_,9 __ 9.;._ 
Grants advance to 8th EDF 
9.687,20 1 
r---------------------

- - - - -

4.1.1 

2.511.106,77 
'.  ___________ 6--:8:-:3--=.6=-=6-=-4-:-,5-::-7.;_i -+--2_.4_8_9_. 9_1_9..:_,5_7
21.187,20 

695.~64,57j 

11.~00,00: 

1 

Structural adjustment 
1-------=---------------------------

1.016.592,09. 

. 74.314,22 

1.090.906,30 

•=-~-------~--------------~-----------~------- ----~-~--~~-----------
269.373,02: 
Total non-programmable aid 
2.972.975,67 
___ 5_3_._1_2_9-,3-7+-j -,----·-1-4-7-.0--75--.-5-0 
Interest subsidies 

2.703.602,65 
93.946,14; 

1 

394.643,34 
Emergency aid 
73.739,64 
Aid for refugees 
__ 1 __ 1 0_._0_4_7_,2_2~: ____  4_30_._5_7_8_:_,2 __ 0 
Risk capital 
~~~min _____ . ------·-- _  ________________ 
136.138,95 
~~~E~_x _________________________ : ______ 1~~~_1_._~?-~.77~: _____________ -------~-~-.4 __ 64_,_58--'-; ----c-·-· __  1_.~~?~~38~~ 
72.854,78 
Stabex advance to 8th  EDF 
·-~----- ------
161.506,91 
Transfers from  5th  EDF 
----------------·------- ----------- ------·  -------
1 - - - - - - - - - - - - - - - - - - · - - - - - - ---- -· --- -------~..!------.- ---------"---.,-----·---------- --

68.587,70 
127.395,05 
-- - · - · - - - - - - - - - - -

384.653,86. 
65.448,36; 
320.530,97: 
101.066,81: 

4.267,09: 
34.111,86! 

-·-------------------- -------

_________ 

35.072,14i 

9.989,48, 

8.291,28~ 

4.1.1 

----

I 

Total expenditure 
r-----------------------------------·-------------------------------------~ 

------------------------------------------------4 

Difference revenue/expenditure 

(859.960,14): 

5.536.136,93, 

1.038.851,81 i 

6.574.988,74 

(689.812,41) 

170.147,73: 

122 

-----•--------------------- ---- -----------;:--·--::--:----=-=---------------------------

4.3 

7th EDF 

Statement of sources and application of funds 

---------------~year closed 31  December 1997------------------

·------------

------------------------------------- ------------------- - - - - - - ------- .. ---------
(thousand ecus) 
----~-----------------------~--------------------- - - - - - - ·-· - - - - - - - - -

---....-,------------------------------------------------ -----------------------

____ __;_ ______________________________ __ . __  ---------------- -- -- - - - - - -

' 

' 

:  NOTES 

1---------------------. --------- _________ _.__ _______________ _ 
Sources 

, ___ ___;_ ___________________________ _ 

. 

l 

1---~---------------------------------------------------------------

Contributions paid 

Transfers from 5th  and 6th  EDFs 

4.3.1 

3.3.6 

----------------~ 

1.200.000,00 

1.566,34 

Interest received 

4.3.2 

10.933,20 

----------~----------------------~~ 

I 

Applications 

Expenditure for the year 
I 

Reduction in amount owed to 6th  EDF 

! 

Interest assigned to 6th  EDF 

I 
l 

3.3.4 

3.3.3 

3.3.1 

1.212.499,54 

1.038.851,81 

170.147,73 

3.500,00 

1.212.499,54 

123 

5. 

STATEMENT OF DEBTS AND V AT TO BE RECOVERED- 6™  AND 7TH 
EDF 

124 

- - -
------------------ ------

CLAIMS AND VAT TO  BE RECOVERED 

sth.ancr7tt1_E_or=_s _________ ---------

·- ---·· 

l 

I 

! 

- - - - - - - - - - - - (thousand-eciis) 

for year closed 31  December 1997 

----------------

--

- ------------------------ ------

- - - - - - - - - - - - - - - - - - - - - - -------------

I 

I 

I 

---------------------- ----

VAT 

-----

: 

I 

CLAIMS 

--------------- --- - - - - - - - - - - - - - ·  ----------- _:,._ ________ 
- - - - - - - - - - - - - - - - - - - - - - - - ------
,-~~-~~~~~r~d-~~-~~rt ~!X~~E __ _______ 

---------

I 

444,72 

-------
- _ ... _  ·--

------------------ ·-

--- .. 

- ·  

------------ -- ------

-----

Entitlements established during year ~-----------· --- -ff5,3o 

-· 

1.111,35 

3.285,14 

Regularisations during year 

i 

Amounts recovered during year 

i 

l 
I 

Claims still to be  recovered 

I 

; 

I 

i 

I 

: 

! 
i 
I 

I 

l 

(382,97)' 

I 

o,oo: 

l 
I 
177,05' 

I 

(2.744,08) 

1.652,41 

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 
account for advances on study grants 

Project 6.6 

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 
interest  available 
following 
(ECU 2 million) to cover financial  costs. 

the  adoption  of  a  new  decision  to  use 

the 

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 

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. 

treasury 

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 

Austria!XEU - Bond 95/98 

FRANCE/EU - BT AN  1993  (98) 

8.000 

7.750 

7.250 

21.2.98 

20.3.98 

16.3.98 

Interest accrued 

Liquid funds on account 

Total ( 1) 

Total (2) 

46.764.750 

21.034.000 

15.395.000 

83.193.750 

885.490,86 

84.079.240,86 

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 

INITIAL APPROPRIATION 

RESOURCES OR 
DEDUCTIONS  AT 
31.12.1996 

RESOURCES OR 
DEDUCTIONS DURING 
1997 

NEW APPROPRIATION 

ACP 

Grants 
Special loans 
Interest-rate subsidies 
Emergency aid 
~id for refugees 
Risk capital 
Stabex 
Sysmin 
Transfer 4th EDF  - 6th  EDF 
Structural adjustment 
TOTAL ACP 

OCT 

Grants 
Special loans 
Interest-rate subsidies 
Emergency aid 
Aid  for refugees 
Risk capital 
Stabex 
Sysmin 
Transfer 4th EDF  - 6th  EDF 
TOTAL OCT 
TOTAL 

(1) 

(2) 
(1)  + (2) 

4.362.500.000,00 
600.000.000,00 
207.500.000,00 
210.000.000,00 
80.000.000,00 
600.000.000,00 
925.000.000,00 
415.000.000,00 
0,00 
0,00 
7.400.000.000,00 

48.500.000,00 
25.000.000,00 
2.500.000,00 
3.000.000,00 
1.000.000,00 
15.000.000,00 
4.000.000,00 
1.000.000,00 
0,00 
100.000.000,00 
7.500.000.000,00 

242.346.886,78 
-85.072.797,20 
-125.298.935,04 
-27.477.902,29 
17.353.550,82 

523.875.912,53 
-256.700.000,00 
121.127.106,36 
6.000.000,00 
416.153.821,96 

3.386.484,00 

106.062,69 
-2.489.325,51 
-1.000.000,00 

18.642.907,06 
-10.972.631,51 
-541.300,45 
-3.132.150,53 
-496.824,57 

-1.566.336,84 

1.933.663,16 

4.444.254,37 
-4.444.254,37 

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 
1.448.875.912,53 
158.300.000,00 
119.560.769,52 

6~000.000,00 
7.818.087.485,12 

56.330.738,37 
20.555.745,63 
2.606.062,69 
510.674,49 
0,00 
15.000.000,00 
4.000.000,00 
1.000.000,00 

3.523.425,21 
3.526.646,39 
419.680.468,35 

0,00 
1.933.663,16 

3.5~3.425,21 i 
103.526.646,39 
7.921.614.131,51 

--' '~ -~  - 134 

S/TUA TION  OF APPROPRIATIONS (ECUS)  - ACP 6th EDF AT 31.12.1997 

GRANTS 

SPECIAL LOANS 

INTEREST -RATE 
SUBSIDIES 

EMERGENCY AID 

AID FOR 
REFUGEES 

RISK CAPITAL 

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 

(Council  Decision 95/580/EC of 20,12,1995), 

(2)  Transfer from interest-rate subsidies to gfants 

(Lome  Ill Convention,  Internal Agreement,  Art,  4), 

(3)  Transfer from emergency aid  to grants 

(Lome  Ill Convention. Art,  205(3)), 

(4)  Transfer from aid for refugees to grants 

(Lome Ill Convention, Art,  205(3)), 

10.972.631,51 

-10.972.631,51 

541.300,45 

-541.300,45 

3132150,53 

496.824,57 

-3.132.150,53 

-496  824,57 

(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 

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 

STAB EX 

MINING PHODUCTS 

TRANSFER 
4th EDF - 6th EDF 

STRUCTURAL 
ADJUSTMENT 

TOTAL ACP 

(5) 

(6)  Transfer of the remaining non allocated grants from 

the 5 first  EDF to non allocated grants of 7th  EDF, 

(Council decision:  5/97 of 19,12,97 Art,1), 

-1.566.336,84 

3.500.000,00: 

-1.566.336,841 

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 
LOANS 

INTEREST -RATE 
SUBSIDIES 

EMERGENCY 
AID 

AID FOR 
REFUGEES 

RISK 
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 

SITUATION AT 31.12.1996 

4.000.000,00 

·1.000.000,00 

3.523.425,21 

103.526.646,39 

STABEX 

MINING 
PRODUCTS 

TRANSFER 
4th EDF -6th EDF 

TOTAL OCT 

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 

INITIAL APPROPRIATION 

RESOURCES OR 
DEDUCTIONS AT 
31.12.1996 

RESOURCES OR 
DEDUCTIONS DURING 
1997 

NEW APPROPRIATION 

ACP 

Grants 
Interest-rate subsidies 
Emergency aid 
Aid  for refugees 
Risk capital 
Stabex 
Sysmin 
, Transfer 5th  EDF- 7th EDF 
j  Structural adjustment 
TOTAL ACP 

OCT 

Grants 
Interest-rate subsidies 
Emergency aid 
Aid  for refugees' 
Risk  capital 
Stabex 
Sysmin 
Transfer 5th  EDF - 7th  EDF 
TOTAL OCT 
SUNDRY REVENUE 
TOTAL 

(1)  +(2)+ 

(1) 

(2) 
(3) 
(3) 

6.215.000.000,00 
280.000.000,00 
250.000.000,00 
100.000.000,00 
825.000.000,00 
1.500.000.000,00 
480.000.000,00 
0,00 
1.150.000.000,00 
10.800.000.000,00 

97.500.000,00 
6.000.000,00 
2.500.000,00 
500.000,00 
25.000.000,00 
6.000.000,00 
2.500.000,00 
0,00 
140.000.000,00 
0,00 
10.940.000.000,00 

-76.241.824,00 

17.281.648,60 

162.000.000,00 
-12.000.000,00 

287.914.286,09 

5.043.952,41 

442.134.280,10 
6.000.000,00 
809.806.7 42,19 

-12.715.311,76 

9.610.289,25 

14.800.964,10 
14.800.964,10 
51.681.247,75 
876.288.954,04 

0,00 
-610.747,96 
8.999.541,29 

137 

I 

I 

6.156.039.824,60 1 
280.000.000,00 
412.000.000,00 
.  88.000.000,00 
825.000.000,00 
1.792.958.238,50 
480.000.000,00 
429.418.968,34 
1.156.000.000,00 
11.619.417.031,44 

97.500.000,00 
6.000.000,00 
2.500.000,00 
500.000,00 
25.000.000,00 
6.000.000,00 I 
2.500.000,00 
14.800.964,10 
154.800.964,10 
51.070.499,79 
11.825.288.495,33 

SITU AT/ON OF APPROPRIATIONS (ECUS) - A CP 7th EDF AT 31.12.1997 

GRANTS 

INTEREST -RATE 
SUBSIDIES 

EMERGENCY 
AID 

AID  FOR 
REFUGEES 

RISK 
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,()! 

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 

- -

-

- - - -

STABEX 

MINING 
PRODUCTS 

STRUCTURAL 
ADJUSTMENT 

TRANSFER 
5th EDf - 7th EDF 

SUNDRY 
REVENUE 

TOTALACP 

(1)  -

(2) 

(3)  Stabex 1997 interest, 

5.043.952,41 

(4) 

Interest earned from  the EDF were used to finance the 

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 

-12.715.311,76 

-3.000.000,00 

0,00 

1.566.336,84 

5.043.952,41 

-3.500.000.00 

-3.500.000,00 

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 
SUBSIDIES 

EMERGENCY 
AID 

AID FOR 
REFUGEES 

RISK 
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] 

! 

SITUATION AT 31.12.1997 

- -

97.500.000,00 

6.000.000,00 

2.500.000,00 

500.000,00 

I 

I 

I 
25.000.000,001 

SITUATION AT 31.12.1996 

6.000.000,00 

2.500.000,00 

14.800.964,10 

154.800.964,10 

STABEX 

MINING 
PRODUCTS 

TRANSFER 
5th EDF- 7th EDF 

TOTALOCT 

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 
Programmable  aid 
-· 

Structural adjustment (SAF) 

Non-programmable  aid 

Transfers  to other Funds 

Sundry  re\enue 
TOTAL 

5th  EDF 

6th  EDF 

7th  EDF 

2.763.887 
0 
1.428.848 
14.695 
0 
4.207.430 

5.204.331 
6.000 
2.588.199 
123.084 
0 
7.921.614 

6.253.540 
1.156.000 
3.920.458 
444.220 
51.070 
11.825.288 

Tot,  5th,6th, 7th 
14.221.758 
f162.000 
7.937.505 
581.999 
51.070 
23.954.333 

AGGREGATE 
TOTAL 

IN%  OF 
APPROPRIATIONS 

1992 

1993 

1994 

1995 

1996 

1997 

DECISIONS 

5th  EDF 

4.207.430 

6th  EDF 

7.533.635 

7th  EDF 

10.318.500 

TOTAL 

22.059.565 

ASSIGNED FUNDS 

5th EDF 

4.207.430 

6th EDF 

7th EDF 

7.099.700 

8.154.721 

19.461.850 

TOTAL 

PAYMENTS 

5th  EDF 

6th EDF 

4.207.430 

6.777.642 

7th EDF 

6.574.989 

100 

95 

87 

100 

90 

69 

100 

86 

56 

-18.536 

-373.439 

0 

0 

0 

0 

120.937 

23.491 

47.806 

45.601 

-53.008 

24.216 

1.960.437 

1.981.285 

2.432.908 

1.474.489 

1.017.873 

591.769 

2.062.838 

1.631.337 

2.480.714 

1.520.090 

964.865 

615.985 

30.194 

-137.328 

0 

0 

0 

0 

667.176 

305.367 

180.667 

89.818 

120.457 

109.117 

1.050.351 

1.298.037 

1.790.247 

1.505.878 

1.259.557 

852.298 

1.747.721 

1.466.076 

1.970.914 

1.595.696 

1.380.014 

961.415 

137.989. 

76.386 

0 

0 

0 

0 

914.829 

571.591 

449.216 

268.197 

199.131 

173.843 

888.831 

705.646 

1.332.358 

1.295.514 

1.118.250 

1.038.852 

TOTAL 

17.560.060 

1.941.649 

1.353.623 

1.781.574 

1.563.711 

1.317.381 

1.212.695 

• Negative figures represent decommitments. 

EDF CONSOLIDATED ACCOUNTS AT 31.12.97 
ANNUAL  FIGURES  ( ECU  '000  ) 

.5th 
EDF 
o6th 
EDF 
o?th 
EDF 

500.000  . 

o.~~~~~~~~~~~~~~~~~~~~~~~~~r.-~~~~~~~~ 

-500.000  h....-.:~--.:-.-~~-.;.,...._~~+~~~~~~~~~~~7:-:-.:.::~~-~~~~77~~1 

-1.000.000  L-..:.....,;;.__..;..._ ___  ~~..;..____;,..;;.;;......;.__.;..___;, _____  ___;,...;_ ___ ___ ____ ___ __  _ 

.-~t;:.;~?~; .;.;:·;~d~·.:/(:.::~,,.:~1: ·~ :)s~?2~~~~;;:r::.~~}r·~-~~> i;·f·~~~~~t:,: ~, :.;<<•; ·.~. ';; ~:,,; m~ft:~~)t:~·.>.':(:·:::?~·· 
I DECISIONS 

ASSIGNED  FUNDS 

· ··:~:.~:f~;,:sYff·~.-ifj~ ..  · 

PAYMENTS 

143 

1.2 

EDF CONSOLIDATED ACCOUNTS AT 31.12.1997: 
NATURE OF AID (ECU  '000) 

6th EDF 

5.204.331 
4.924.650 
4.537.093 
4.282.356 

% 
( 1) 

95 
87 
82 

7th EDF 

% 
( 1) 

TOTAL 

6.253.540 
5.039.467 
81 
3.477.902 
56 
2.511.107  40 

11.457.871 
9.964.117 
8.014.995 
6.793.463 

6.000 
6.000  100 
5.995  100 
5.407 
90 

1.156.000 
1.145.149  99 
1.112.649  96 
1.090.906  94 

1.162.000 
1.151.149 
1.118.645 
1.096.313 

2.588.199 
2.509.327 
97 
2.473.773  96 
94 
2.420.011 

3.920.458 
3.764.011 
96 
3.341.084  85 
2.811.469  72 

6.507.784 
6.273.339 
5.814.857 
5.231.480 

% 
(1) 

87 
70 
59 

99 
96 
94 

96 
89 
80 

123.084 
93.658 
82.838 
69.868 

76 
67 
57 

444.220 
369.872 
83 
223.085  50 
161.507  36 

567.304" 
. 463.530 
305.923 
231.375 

82 
54 
41 

-

51.070 

51.070 

7.921.614 
7.533.635 
7.099.700 
6.777.642 

95 
90 
86 

11.825.288 
10.318.500  87 
69 
56 

8.154.721 
6.574.989 

19.746.902 
17.852.135 
15.254.420 
13.352.630 

90 
77 
68 

PROGR~MMABLE AID (NIP) 
Appropriation 
Decisions 
Assigned funds 
Payments 

STRUCTURAL ADJUSTMENT (SAF) 
Appropriation 
Decisions 
Assigned funds 
Payments 

NON-PROGRAMMABLE AID 
Appropriation 
Decisions 
Assigned funds 
Payments 

TRANSFERS. FROM OTHER FUNDS 
Appropriation 
Decisions 
Assigned funds 
Payments 

SUNDRY REVENUE 
TOTAL 
Appropriation 
Decisions 
Assigned  funds 
Payments 

( 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 

1.2 

EDF CONSOLIDATED ACCOUNTS AT 31.12.1997:  NATURE OF AID 
(ECU  '000) 

6th  EDF 

OTRANSFERS TO  OTHER FUNDS 

'  0  NON-PROGRAMMABLE 

8  STRUCTURAL ADJUSTMENT 

11 PROGRAMMABLE 

Appropriation 

Decisions 

Assigned funds 

Payments 

7th  EDF 

' 8  SUNDRY REVENUE 

OTRANSFERS TO OTHER FUNDS 

0  NON-PROGRAMMABLE 

8  STRUCTURAL ADJUSTMENT 

8  PROGRAMMABLE 

8 000.000  . 

7.000.000  . 

6.000.000 

5.000.000 

4.000 000 

3.000.000  . 

2.000.000  .. 

, .000.000  . 

12.000.000 

10.000.000 

8 000.000 

6.000.000 

4.000.000 

2.000.000 

Appropriation 

Decisions 

Assigned 
funds 

Payments 

Revenue 

145 

1.3 

EDF  CONSOLIDATED ACCOUNTS AT 31.12.1997: 

BREAKDOWN  BY INSTRUMENT (ECU  million) 

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 
(b) 
TOTAL OCT 
(a)+ (b) 
TOTAL 

ACP  + OCT  -

6th EDF 

APPROPRIATION 
(1) 

~ECISIONS 
AGG.  TOTAL  j  ANNUAL 
~ 

{2) 

ASSI.GNED  FUNDS 

% 
(2): (1) 

AGG.  TOTAL  j  ANNUAL 
~ 

(3) 

% 
(3): (2) 

~AYMENTS 
AGG.  TOTAL  j  ANNUAL 
~ 

(4) 

I 

% 
(4): (3) 

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 

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 

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% 

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 

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 

EDF CONSOLIDATED ACCOUNTS AT 31.12.1997: 
BREAKDOWN  BY INSTRUMENT (ECU  million) 

ACP  + OCT 

-

7th  EDF 

APPROPRIATIONS  I 

DECISIONS 

AGG.  TOTAL 1  ANNUAL 

(1) 

I 

(2) 

%  I AGG.  TOTAL 1  ANNUAL 

ASSIGNED FUNDS 

(2): (1) 

(3) 

1 

%  I AGG.  TOTAL 1  ANNUAL 

PAYMENTS 

(3):  (2) 

(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 

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 

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 

352,39 
352,39 
40,70 
172,39 
-7,46 
-1,23 
2,03 
13,39 

165,66 
19,42 

81% 
81% 
'99% 
96% 
87% 
98% 
97% 
93% 
99% 
94% 
83% 

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 

708,50 
708,50 
57,20 
61,42 
-7,91 
1 '17 
6,14 
7,24 
18,73 
36,05 
20,88 

69% 
69% 
97% 
89% 
100% 
99% 
96% 
99% 
92% 
43% 
61% 

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 

685,73 
685,73 
74,31 
233,48 
52,80 
9,95 
8,29 
108,63 
18,73 
35,07 
32,84 

11.619,42 

10.203,52 

584,90 

88% 

8.065, 10) 

847,991 

79% 

6.508,88 

1.026,371 

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 
SUNDRY REVENUE  (c) 
TOTAL 

(a)+ (b)+ (c) 

(b) 

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 

64,52 
64,52 
38,96 
5,44 
2,20 
0,29 
22,53 
6,00 
2,50 
11,50 
114,98 

3,46 
3,46 
3,37 
0,70 
-0,01 
0,20 

2,48 
0,04 
6,87 

66% 
66% 
92% 
91% 
88% 
59% 
90% 
100% 
100% 
78% 
74% 

47,66 
47,66 
35,88 
5,44 
1,80 
0,09 
22,53 
6,00 
0,02 
6,08 
89,621 

4,81 
4,81 
0,69 
0,70 
-0,01 
0,00 

; 
-1,19! 
4,311 

74% 
74% 
92% 
100% 
82% 
32% 
100% 
100% 
1% 
53% 
78% 

38,74 
38,74 
22,85 
3,33 
0,90 
0,09 
12,50 
6,00 
0,02 
4,53 
66,11 

9,43 
9,43 
1,78 
0,33 
0,04 

1,42 

1,27~ 
12,481 

10.318,50 

591,77 

87% 

8.154,72! 

852,301 

79% 

6.574,99 

1.038,85~ 

81% 

147 

% 
(4):  (3) 

72% 
72% 
98% 
84% 
59% 
98% 
90% 
55% 
100% 

72% 

81% 

81% 
81% 
64% 
61% 
50% 
90% 
55% 
100% 
100% 
74% 
74% 

1.3 and  1.4 

IACP & OCT: 6TH EDF APPROPRIATIONS I 

Transfer 4th  EDF  ·6th 
EDF 
1.55% 

Sysmin 
2.01% 

Emergency aid 
2.27% 

Risk  capital 

Aid  for  refugees 
1.22% 

Stabex 
18.34% 

6.6~% 

Grants 
59,08% 

Structural adjustment 
0,08% 

IACP & ciCT:  7th EDF APPROPRIATIONS I 

Transfer 5th  EDF  • 7th 
EDF 
Sysmin3.76% 
4.08% 

Sundry revenue 

0,4.3~. 

Grants 
52.88% 

Risk  capital 

Aid fo?rJt~ees 
0,75% 

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 

CUMULATIVE END 

State 

ANGOLA 
BENIN 
BURKINA FASO 
BOTSWANA 
BURUNDI 
CENTRAL AFRICA REPUBLIC 
CHAD 
CAMEROON 
CONGO 
COMOROS 
CAPE VERDE 
DJIBOUTI 
EQUATORIAL GUINEA 
ETHIOPIA 
GABON 
GHANA 
GAMBIA 
GUINEA BISSAU 
GUINEA 
IVORY COAST 
KENYA 
LIBERIA 
LESOTHO 
MADAGASCAR 
MALAWI 
MAURITIUS 
MAURITANIA 
MALl 
MOZAMBIQUE 
NIGER 
RWANDA 
SENEGAL 
SEYCHELLES 
SIERRA LEONE 
SOMALIA 
SAO TOME & PRINCIPE 
SUDAN 
SWAZILAND 
TANZANIA 
TOGO 
UGANDA 
NIGERIA 
ZAMBIA 
ZIMBABWE 
ZAIRE 
• TOTAL AFRICA 
ANTIGUA-BARBUDA 
BARBADOS 
BELIZE 
BAHAMAS 
DOMINICA 
GRENADA 
GUYANA 
JAMAICA 
ST CHRISTOPHER  NEVIS 
SAINT A LUCIA 
SURINAME 
SINT VINCENT & GRENADINE$ 
TRINIDAD & TOBAGO 
• TOTAL CARIBBEAN 
FIJI 
KIRIBATI 
PAPUA-NEW  GUINEA 
SALOMON ISLANDS 
TONG A 
TUVALU 
VANUATU 
WESTERN SAMOA 
• TOTAL PACIFIC 
ALL COUNTRIES 
REGIONAL COOPERATION 
FINANCIAL & ADMINIS  EXPENSES 
RESERVE 
• TOTAL ACP 
• TOTAL OCT 
• TOTAL ACP  + OCT 

I 

I 

I 

I 
102.0 
89.5 
107,5 
30.5 
108,0 
69,5 
89,01 
101,0 
48,0 
20.5 
24.5 
16.0 
12,0 
210,01 
26.0 
97,5 
21.0 
37,5 
114.01 
82.01 
135.01 
45,0 
41,51 
125,0 
114.5 
31,0 
61,5 
137.0 
160,0 
122.0 
110,0 
108.5 
6.2 
65.5 
159,3 
6,0 
145.0 
25.5 
176,5 
61,5 
133,0 
213,5 
920 
77.0 
166.5 
I  3.924.5 
I 
4,5 
5.0 
8.0! 
4.01 
6,01 
5.51 
22.11 
40,2! 
3 5i 
6.0' 
24.0: 
7.0' 
15.0, 
150,8: 
20.0, 
6.5 
34,51 
17 01 
6.5• 
2,0' 
6 71 
9,0i 
102,2! 
: 
1.5' 
912.2 1 
I 
i 
7.21 
I 
29,11 
i  5.127.4: 
76,9! 
I  5.204 31 

I 
I 
I 
I 
I 

I 
I 

: 
I 

I 

I 

I 
L 
I 

I 

I 
YEAR 1997 
I 

I 

6th EDF RESULT BY STATE {MECU) 
I 

I 

I 

I 

NATIONAL INDICATIVE PROGRAMMES (MECU) 

NIP 

Decisions 

Delegat. 

Payments 

MECU  MECU  %NIP  Appropria!  MECU  %NIP 

; 

I 

; 
NON NIP 
I 
I 
I 
MECU  %NIP  I  MECU  I  %NIP 
I 

I 
Payments 

Dec1s1ons 
I 

2 1 Table 1 
I 

TOTAL 

; 

I 

Dec. 

Delegat.  Payments 

Appropriat 

1.71 
9.81 
31.3i 
4.01 

18,8i 
34.51 
27.01 
29.9 
56,3 
40,41 
49.9 

187,1 
3.51 
26.2i 
19.81 
6.61 
77.21 

90.51 
8.9 
10.41 
36.6! 
53,4 
12.21 
42.4 
38,5 
61.9 
38.1 
73.5 

18,4% 
38.5%: 
25.1%• 
97,9%1 
52.1%1 
58.2%1 
56.0%1 
203,4:  201.4%1 
11,9 
24.7%1 
12,0 1  58,5%1 
13.5%1 
3.31 
14,3%1 
2.3! 
1381  115.3%1 
89,1%1 
13.5%; 
26.8%, 
94,4%. 
17.6%: 
67,8%1 
383.41  467,6%1 
67,0% 1 
19.8%1 
25.0%1 
29,3%: 
46.7%1 
39.5%: 
69,0%1 
28,1%1 
38.7%1 
31.2%! 
66.8%1 
163.91  151,1%1 
27,3%1 
14.9%: 
19.7% 1 
67,0%1 
147,61  101.8%1 
36.5%1 
9.31 
13.4%! 
23.71 
80.6% 1 
49.51 
26.6; 
20.0%1 
8.3%1 
17,71 
14.4j 
15.6%1 
16.5"'o 
12.7! 
5.0%1 
8.3i 
55,9%1 
2194,6: 
33.3%1 
1.5! 
2.2: 
43.1%! 
5.0 1  62.1%i 
66,3% I 
2.71 
5.o: 
83.9% 
95.7%i 
5.31 
17.7%• 
3.9: 
11.5 i 
28.6%: 
42.9%1 
1.51 
49.3%: 
3.0! 
4.7: 
19.6% 
3 2: 
46.1% 
11.7; 
78.1% 
40,5'1. 
61,11 
4,1! 
20.7% 
42.3%· 
2.8: 
148 a:  431.3% 
33.8:  198 9% 
96  2% 
32.0%' 
200:  2980% 
173.3% 
15.6 
232,01 
227,0%: 
20.1  i  1339 9% I 
70.41 
7)%· 
6.0: 
I 
2584,11 
24,9i 
2609 0. 

63 
0.6i 

83  6% 

1 71 
9.51 
29.21 
4 Ql 

182 3. 
3 5' 
25  2' 
19.8. 
6.4 
55.3' 

88  9 
8 51 
10.0: 
357' 
52  Si 
12.21 
41  41 
38.31 
61.9! 
37.7i 
70  91 

I 
18.8 
33 9 
213 
29 2. 
56.2i 
37  7: 
48  4 
203.2 
11.5 
12 0' 
33 
2.3' 

18,4%; 
37,9% 
19.8% 
95,9%1 
52.0% 
54.3% 
54,4% 
201,2% 
24,0%1 
58,4%1 
13,3%1 
14,2% 
13.81  115,3% 
86.8%1 
13,4% 
25,9%: 
94,3%1 
17,1% 
48.5% 
382.11  466,0% 
65,9% 
19.0%1 
24,0%1 
28.5%1 
46.2%1 
39,3% 
67,3% 
27,9% 
38,7% 
30.9%1 
64,5% 
146.31  134,8% 
27,2%1 
14,5% 
18,4% 
67,0% 
146 71  101,2% 
36,5%1 
13,3% 
55,0% 
19,7%1 
8,3%i 
15,5% 
16,5"fol 
3.2%1 
53,6%1 
33.3%1 
41,8%1 
62,0%1 
66.3%: 
83.8%1 
95,5%1 
17.7%1 
28,4%i 
42.9%1 
49,3%1 
162%i 

9.3i 
23.4: 
33  a· 
25.2: 
17 Si 
14  21 
12 7 
54. 
2104.8· 
1  5 1 
2 1 
50 
2 7 ~ 
so· 
53 
3 9· 
11.4. 
1 5: 
30 
3 9. 
32 
46.1"~: 
1:J  9 
72.7%' 
39,3'1.. 
59.3 
4  1 
20.7%: 
28 
42.3%: 
122, 
382.8%' 
33 a  198.9%1 
96.2% 1 
53· 
05 
32.0%' 
2~ 0,  298  0%: 
, 55 
173,3% I 
210,6%1 
215.2 
~0 1  1339.9%: 
CB  9 
7.3% 
5.! 
75.4% 

120.2 
123.4 
134,5' 
57,1 
163,5 
109.0 
138,8 
303,7 
59,8i 
32.5 
27.8 
18 3 
25,6! 
397,0 
28,0 
123,3 
39,8 
44,1 
190.2 
465.41 
208,1 

34  3, 
51,8 
158,11 
166,6 
43,11 
103.6 
173,5 
219,9 
159,5 
180.5 
272,4 
7,9 
73,5 
174,1 
10,01 
227,7 
34,31 
186,9. 
103,61 
154.2 
228,5 
103,1 
89.5 
150.8 
5917,5 
5.9i 
7.2 
13.01 
6,5 
10,9 
10.8i 
25,8! 
51,4! 
4.61 
8.9 
22.1! 
10.1! 
26.7 
203.8i 
23.0i 
9 21 
182,71 
49  11 
12.8 i 
2.6! 
26.71 
24.31 
330,41 
20.1  I 
954,6: 
13  2! 

I 
7439.6' 
94,1  i 
7533.61 

107.7 
119.6 
130,1 
54,4 
150,01 
107,5 
133,5 
302,6 
51,1 
32,3 
27,0 
17,0 
24.9 
359.6 
27,4 
120.3! 
39,51 
42.7 
186.5 
462,3 
191.2 
33.7 
50.6 
137,8 
161,3 
42.0 
102,8 
165,8 
201,6 
142,3 
175,1 
260.2 
7,8 
72.0 
161,5 
9.9 
216.3 
33,9 
185.0 
83,51 
152.3 
198,6 
102.4 
85.9 
124.8 
5594,3 
5.9 
4,9 
13.01 
6,4 
10.81 
10.71 
25,61 
51.2 
4.61 
8 1 i 
20.2• 
9.91 
23.9: 
195,1: 
22.1' 
9.2i 
177.9: 
48.9! 
11.8 
2.31 
26.2: 
24.3! 
322.71 
20  1 I 
869.5i 
13 o· 

104,4 
118,3 
117,5 
51,7 
149,6 
102.6 
130,1 
299,6 
47,1 
32.2 
26:a 
15.7 
22,3 
341,0 
26.9 
93,3 
39,1 
39,8 
163,1 
460.6 
186,9 
29.0 
49.9 
121,7 
158.8 
40,7 
98,4 
164,7 
199.0 
136.7 
152,8 
250,8 
7,8 
71,6 
136.5 
9.8 
215,2 
32,8 
183.7 
83,0 
151,6 
194,7 
101,7 
81,4 
110.8 
5351,8 
5,3 
4.8 
12.8 
5,9 
10,8 
10.7 
25.3 
46,5 
4.6 
8.1 
19.7 
9.8 
16.8 
181,1 
20.4 
89 
162.6 
48,3 
11  2 
2.2 
25.0 
24.3 
303 9 
20  1 
828 5 
11  5 

7014.71 
85,01 
7099.71 

6696,9 
80,8 
6777.6 

2471.7 
50,4%' 
23.6. 
32,4'/.' 
50.1'/, 1  2495.3 

I 
48,2'/, 
30,7%. 
47  9~'.: 

99,4% 
99.3% 
100,0% 
89,4% 
99,2% 
98,7% 
100,0% 
99.3% 
99,8% 
100,0% 
100.0% 
99.9% 
98,1% 
100,0% 
94.2% 
99,6% 
95,1% 
99,9% 
99,1% 
100,0% 
87,1% 
56.3% 
99.9% 
97.2% 
98,8% 
99.5% 
99,4% 
98.5% 
98.7% 
99,6% 
97,3% 
100,0% 
99,5% 
97,3% 
89,6% 
99.5% 
55.3% 
98,0% 
92,4% 1 
87,7% 
95,9%1 
98.8% 
96,5% 
99,7% 
85,6% 
94,9% 
97,7%, 
100,0% 
100,0% 
95,1% 
98.5% 
99.8o/o 
98.8% 
99,4% 
88.1% 
99.5%' 
72.4%i 
98.6%1 
1000%i 
94,6'/,1 
94,4%1 
99,4% 
98.1% 

101.4 
88,91 
107.5 
27.3 
107,2 
68,6 
89,0 
100.3 
47,9 
20.5 
24,5 
16.0 
11,8 
209,9 
24,5 
97,1 
20.0 
37,5 
113,0 
82.0 
117,6 
25,4 
41,4 
121.5 
113.2 
30.8 
61.1 
135,0 
157,9 
121.5 
107,0 
108,5 
6,2 
63,7 
142,8 
6,0 
80,1 
25.0 
163.2 
54,0 
127,6 
210,9 
88,8 
76,8 
142,5 
3723,0 
4,41 
5,0 
8,0 
3,8! 
5,91 
5.51 
21,8 
39.9 
3.11 
6,0 
17.41 
6,9 
15.0 
142,71 
18.9 
6.5 
33.91 
15.3' 
90.2"~ 
100.0% 
6.5 
2.01  100,0%i 
1000%i 
6.7 
8,71 
96.5%1 
98,4 
96,3%1 
0.0% 
96.9%1 
100,0%1 
I 
94,7'/,! 
90,0% 
94.6%1 

4855,5 
69,2 
4924  61 

884.2 
7.2 

I 

88.9 
85.31 
103,1! 
25.2 
93.8 
67.1 
84,9 
99.3 
39,2! 
20.31 
23.7 
14.7' 
11,11 
172,51 
23.9 
94,1 i 
19.7 
36,1 
110.71 
80,0 
102.0 
25.2 
40,7 
101.4 
108,11 
29.7 
60,4 
127,6 
139.6 
104,7 
101,7 
108,3i 
6,2 
62.31 
130,7 
5,9i 
69.41 
24.6 
161,31 
49.6 
126.11 
181.0 
88,01 
73,11 
118,81 
3440,0 I 
4.41 
2.8! 
8.o: 
3.7! 
5.8 
5.5i 
21.71 
39.71 
3.1; 
5.1' 
15.8: 
6.6' 
12.5i 
134,7; 
18  Ql 
6.4: 
33.8: 
15.01 
5.61 
u: 
6,3! 
8.7: 
95,41 
! 
799,7: 
7 o: 
I 

4476,81 
60,31 
4537  1' 

83,9% 
85,61 
94.3% 
84.4 
89,5% 
96.3 
73,7% 
22.5 
86.5% 
93.4 
93,4% 
64.9 
81.6 
91.7%1 
95,5% 
96.4 
74,0% 
35.5 
98,5%1 
20.2 
95.9% 
23.5. 
13,4: 
83.7% 
70,9% 
8,5 
75.6% 
158.81 
90,0% 
23.4 
69.8% 
68.1 
92,0% 
19.3 
89,0% 
33.4 
94,5% 
107.8 
95,7%1 
78.5 
72.6% 
98.0 
45.5% 
20.5 
96,4% 
40.0 
68,8% 
86.0 
92,6% 
106.0 
91,9%1 
28.5 
92.8%1 
57.1 
92.3% 
126.51 
85,7% 
137,1 
81,2% 
99,1 
74,4%1 
81,9 
104,5 
96.3% 
98,7%1 
6.1 
94.8%1 
62.1 
67,4% 
107,3 
96,1% 
5,8 
47,2% 
68,4 
923% 
23.51 
90,8% 
160.2i 
79,9% 
49 .. 1 
125.3 
94.2%1 
82,9% 
177.0 
95,1%1 
87.51 
89,2%1 
68.7 
63,3%1 
105.4 
82,7% 
3247,0 
84,6% 
3,81 
53,4% 
2.7 
98,3% 
7.9 
82.3%1 
3.3 
95.8%! 
5.7 
98.4% I 
5,41 
21.4! 
96.8%i 
87.3% 
35.1: 
88,1% 
3.1 
85.0%! 
5.1 
660%1 
15 8i 
6 61 
94.6% 1 
39.4%1 
5 91 
80,8%! 
121,8. 
81,3%1 
16.3' 
6.1; 
93.9%1 
88.5% 
30.5i 
85.3%: 
14.5: 
5 0 1  76,7%1 
77,4%1 
1.51 
90,3%1 
6.1: 
96.3%1 
8 71 
86.8%1 
88.71 
0,0%1 
I 
83,5%! 
761.71 
6.0 1  83.7%1 
: 
82,4'!,: 
74,3'/,1 
82  3%' 

i 
4225.2. 
57.2' 
4282 4 

150 

I  State 

.A 

N 
1\IN.A  f_AS_Q 

ID 

fRAI . AFRICA DI:DI lr:l.l  lr" 

IC 

:ROE 

RIAL GUINEA 

IJ 

IJI 
:a 
:n 
lA  N 
iH 
lA 
lA 
iA 
A  BISSAU 
:A 
·coAST 
'A 
UA 
IT HO 

11 

lA  ~WI 
'.1 
VI 

RITIUS 
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 

lMr"lN ISLANDS 

SA 
TON  iA 
TUVALL 
VAN  JATU 
vvr=.:  1 t=.f"(N  SAMOA 
TO'rAl  PAC_lflf_ 

,.1,LL  OUNTRIES 
Rr=r 
I 

IAI  r.nnDr=::IATION 

rrA  &  ADMINIS.  t=.At-'t=.N::.t=.::. 

.. ACP 
'C 
·or,._ OCT 
·or ... ACP..._acr 

I YEAR 1997 

16th--EDF RESUL.T  BY STATE IMEC:Ul 

I 

I 

I 

NATIONAL INDICATIVE tH~rv•n ·••••.-.- MECU  I 
I 

I 

NIP 

Deci >Ions 

Deleoat. 

Pavrients 

1 

I 
I 

I 

12.1  Table 2 

TOTAL 

1  NOI'  NIP 

-oec; s1ons 

Payments 

Dec. 

Deleoat 

MECL 

MECU 

%  NIP 

A 

MECU 

%  NIP 

I 
:  MECU 

%  NIP 

MECU 

%  NIP 

lA 

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 

l 

2• 
7 
15. 
15( 
2C, 

3<' 
1 

I 
I 
i 
' 

I 

10: 

91 

.  I 
.  I 
!9,1  i 
5.1  !7.4 
r6,91 
I  5.204.31 

1 

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% 

• 

( 

I 

·~.' 

-0.31 

! 

:.! 

1,( 

I 

-1, 

~~ '. 

•· 
1. 
1 

-0.2 
-..0.6 

--:o.1 
0.0 

<. 

14. 

1i.  ~; 
:I% 

0.9% 
7,6°A> 
,; 

I'll 

)'I;,  I 
,., 

I'll 

. 

1 

• ~. 

i'lll 

14.! 

.: ,, 

,: 

'  ~: 

' 
.I 
,i%1 
,1%1 
'  ll.l 
'14.' 

·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 

-0,0 
-0.0 

I 

--:o:o· 

..Q,O. 

-0.0 

I"' ,.,  ' 

)0,.: 
1"1; 
I'll 

.1"1 

')~ 
J, 

1%: 
1%' 
' 1% 
,I% 
,I% 
)'\I 

c  l"'  I 
(  l"' 

-4,8 
-o.2: 

-<l,'l% 
0,3'1. 

,I% 

!% 
''· 

l'lo 

1 

ro,. 

l% 
1%' 
1% 

~.l% 
1% 

I 

2.9'/,' 

2.9'/, 

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 

%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 

,1 
.9 
.21 
.4 
.  I 

.~ 

-1, 
11 

11 

1 

1 

1 

1' 

1,4 
1,5 
.1 
.1 
(1,3 
••. 8 
:.o 
.9 
.,  .6 
6l  ,61 

,3 

11 

66 
0.2 

0.31 
1,01 

-0.01 

0.2 

6.2: 
.8: 
,31 
-(  ,0 
.1 
.1 
0 
.0 
.11 

4,31 

-2.5 
3,5 

I 
.  I 
.  I 

irt 
3.71 

0,5% 
1,3'/, I 
0.6'/,i 

81.7 i 
0.9! 
82.61 

148,6 
2.S 
151,3 

151 

2 

1 

11 
71 

I 

~ 

' 

-0 01 
11.4 
10 71 
1.41 
1 
0 
2 . 

6 
.1 
.3 
.6 
.0 
1,2 
4, 
2. 

3 

(9 
,4 
7 
.8 
.2 
1' 

0, 

,1 

1  ·' 

1' 

.0 
.7 

,5 
,1 
.9 
,8 
.7 
121  ,5 
0,8 
0.1 

-( 

-: 
8 

0 
.3 
4' 

1! 
.1 

-0  0 

.2 
0 
,1 

I 

.1 
0 
.o: 
I 

1r  ,11 
·I  11 
.51 
.5 

3' 

107.6 
1,6 1 
109,1 

171,0 
2,9 
173.8 

,6 
.0 

0.0 

,4 
.2 

1,( 
.1 
1,0 
1,0 
.5 

-

.1 
.6 
,7 

0,1 
0.0 

0,1 
0,0, 

.1 
.0 ~ 
1,4 
,0 

0,0 
0,01 
0,2 

,3 
,1 
2:  ,7 
,5 

23.0 
1.2 
24.2 

0,1 

1 

CUMULATIVE END 

DECISIONS 

State 

YEAR  1997 
I 

I 

I 
I 

I 

I  Grant 

NIP 

I 
Soec1al  1  Total 
Loan 

ANGOLA 
BEN IN 
BURKJNA FASO 
BOTSWANA 
BURUNDI 
CENTRAL AFRICA REPUBLIC 
CHAD 
CAMEROON 
CONGO 
COMOROS 
CAPEVERDE 
DJIBOUTI 
EQUATORIAL GUINEA 
ETHIOPIA 
GABON 
GHANA 
GAMBIA 
GUINEA BISSAU 
GUINEA 
IVORY COAST 
KENYA 
LIBERIA 
LESOTHO 
MADAGASCAR 
MALAWI 
MAURITIUS 
MAURITANIA 
MALl 
MOZAMBIQUE 
NIGER 
RWANDA 
SENEGAL 
SEYCHELLES 
SIERRA LEONE 
SOMALIA 
SAO TOME & PRINCIPE 
SUDAN 
SWAZILAND 
TANZANIA 
TOGO 
UGANDA 
NIGERIA 
ZAMBIA 
ZIMBABWE 
ZAIRE 
• TOTAL AFRICA 
ANTIGUA-BARBUDA 
BARBADOS 
BELIZE 
BAHAMAS 
DOMINICA 
GRENADA 
GUYANA 
JAMAICA 
ST CHRISTOPHER NEVIS 
SAINT A  LUCIA 
SURINAME 
SINT VINCENT & GRENADINE$ 
TRINIDAD & TOBAGO 
'TOTAL CARIBBEAN 
FIJI 
KJRIBATI 
PAPUA-NEW  GUINEA 
SALOMON ISLANDS 
TONGA 
TUVALU 
VANUATU 
WESTERN SAMOA 
'TOTAL PACIFIC 
ALL COUNTRIES 
REGIONAL COOPERATION 
FINANCIAL &  ADMINIS.  EXPENSES 
'TOTAL ACP 
MAYOTTE 
NEW CALEDONIA 
FRENCH POLYNESIA 
ST PIERRE & MIQUELON 
FRENCH ANTARTIC TERRITORIES 
WALLIS &  FUTUNA 
'TOTAL FRENCH OCT 
ARUBA 
NETHERLANDS ANTILES 
'TOTAL DUTCH OCT 
ANGUILLA 
CAYMAN ISLANDS 
FALKLAND ISLANDS 
MONTSERRAT 
SAINTE HELENE 
TURKS & CAICOS 
VIRGIN ISLANDS 
'  TOTAL BRITISH OCT 
REGIONAL COOPERATION 
ALL COUNTRIES 
•  TOTAL OCT 
•  TOTAL ACP + OCT 

I 

I 

I 

I 
I 

! 

: 

I 
i 

I 
I 
I 
i 
I 
I 

I 
I 

I 
I 

I 

I 

I 

! 
I 
I 

I 

I 
I 

i 
I 

: 

I 
I 
I 

I 
I 

I 

I 

i 
,. 

I 
I 

I 

I 

i 
I 
I 

I 
I 

I 
I 
I 
I 

101.4 
88.9; 
107.5j 
21.81 
97.21 
68.6 
89.01 
70  91 
37  9i 
20.51 
24.51 
16.01 
11,81 
191.9 
17.2 
97,11 
20.01 
37.51 
108 01 
60.7 
107,6 
25.4 
31.6 1 
109.0 
107,41 
20.9 
6111 
130.0! 
157.91 
116,51 
97,01 
98.5! 
6 21 
58.9' 
142,81 
6 0 I 
80,11 
20,11 
163,21 
47,7 
127,61 
60.81 
73.81 
46,81 
135.31 
3320,31 
3.41 
3,01 
5.0 
2.81 
59! 
5.51 
21.81 
29  9' 
3.1 
6.0: 
15 6 i 
6.91 
9.0 I 
117,9! 
13,91 
6.51 
20.4 i 
13.3' 
6 5' 
2 0' 
6.71 
8.7' 
77,9 1 

828.1  I 
7,2. 
4351,5 
2.51 
5.51 
5.8: 
2.0! 
0.3 1 
2.3 
18,41 
4.4 
13.51 
17,9 1 
1.81 
I 

0  7' 
1.51 
1.41 
1,7 

7.11 
5.2  i 

101.41 
88.91 
107,5 
27.3 
107.2 
68 61 
89.0 ~ 
100.3 
47  91 
20.5 
24.51 
16,01 
11,8 
209.9 
24.5 
97.1 
20.0 
37.5! 
1130 1 
82.0i 
117,6 i 
25.4 
41.4• 
121.5 
113.2! 
30  81 
61.1  I 
135 Or 
157.91 
121.51 
107.0: 
108.5i 
6 2! 
63.71 
142.8: 
6.01 
80.11 
25,01 
163.2i 
54.01 
127.61 
210.91 
88.81 
76,81 
142,5! 
3723,0 I 
4.41 
5.01 
8.01 
3 8! 
5 91 
5.51 
21  8' 
39.9' 
3.1  i 
6.0! 
17.4' 
6.9 I 
15.0 I 
142,7 
18.9i 
6 51 
33 9; 
15  3i 

6 5' 
2.0! 
6.7 
8.7: 
98,4 
I 
884.2' 
7.2' 
4855,51 
4.51 
7.81 
7 S1 
3.0 I 
0.31 
3  3 i 
26,51 
6 6! 
20  31 
26,9: 
1.81 
1.5' 
0,71 
2.0, 
1.4 
1.7 
1.5 
10,6 I 
5.2! 

5.51 
9.9 

29  4 
10.01 

I 
I 

18  01 
7.3 

5 01 
21  3 1 
1001 
I 

9.8! 
12.5 
5.8i 
10.01 

5.0 

: 
50: 
10,01 
10.0• 

4.9 

4.9 

6.2 

150.0 
15,0 
30,0 
7,1 
>402,6 
1.01 
2.01 
3 Oi 
101 
I 
I 
I 
10.0• 
I 
I 
1.81 
I 
6.0: 
24,8 i 
5.0' 
i 
13  5 i 
2.0 I 
I 
I 

20,5 

I 
56.1' 
I 
504.0• 
2.0 i 
2.31 
1.8· 
1 o: 

1 Oi 
8,1 
2 31 
6.81 
9.0 

I 
1 5! 
I 

0 51 

1.5 
3,51 

I 

6th  EDF BY INSTRUMENT AND  BY STATE (MECU} 1 
I 
I 

I 

., 
I 

I 
I 

2 1 Table 3 

Interest  I Energencyl  Refugee 
SubStdiesl 
Aid 
I 
I 
I 
! 

2.6 
0.1 

I  Aid 
I 
13.7: 
0.31 
0 4! 
0 4; 
0.2 
0  Si 
1.2: 
0.11 
I 

04 
04 

I 

1.8 

I 

I 

I 

I 

I 
I 

I 

I 
I 
I 

I 
I 
I 
I 
I 
I 
I 
I 
I 

I 
I 
I 

I 

I 
! 

I 

I 
I 
I 

I 

I 
I 

: 
I 
I 

I 

I 
I 

2.6 

I 
I 

I· 
I 
3.21 
! 
I 
I 
11.8: 
10.8. 
! 
I 
I 

1,7; 
3,2; 
I 

I 

0.21 

I 
I 
I 
I 
0.7! 
I 
I 
I 
15,01 
I 
10.5, 
1.3! 
61,1  I 
I 
1.11 
0  1' 
2.51 

I 
5.41 

0.9• 
I 
0.6 
2.01 
12,6i 
2.11 

4.61 
I 
0.2. 
I 
I 

7,0 i 

1.0 

I 
81,7' 
I 
I 
0.3: 
I 

I 
0,9• 
0  21 
0.61 
0,9 i 
I 
0 Si 
I 

0.41 
0.91 

I 
I 
0.21 
I 
47.5' 
0.1  i 
i 
02 
0.1: 
1.1· 
0.9 
04 
6.7 

I 

0,3 
4.1' 

0.1' 
0  7 
0 3· 
16  3 
0.4 
1.6! 
1.61 
i 

0.4 
10  4 
0  1, 
40,7' 
I 
0.11 
I 
2.51 
11: 
0.5: 

I 
0 9· 
156,6 
I 

I 

I 

' 
0.1: 
0.2 
08 

I 
0.1' 
0.1' 
0.1: 
1,4 
0  3 
I 
I 
0 4, 
I 
! 
0.5' 
0 2' 
1,5 
19.9 

111 
I 
1031 

I 

I 
2.31 
1.4: 
0.01 
2.21 
I 
I 
13.2 i 
I 
1.51 

I 
13  31 
271 
0 2j 
4.21 

I 
4.41 
I 
20.7 
1.3 

6,2 

0,6 
1.31 
2.1 
94,5 

I 

1.81 

I 
I 
I 

I 

1,81 
I 
I 
0.6! 
I 
I 

! 
0,6i 

I 

: 
179,4 

i 
96,9, 

I 

I 
I 
I 
I 
I 
I 

I 

I 
I 

I 
I 

0  1' 

I 

i 

0,1: 

! 

I 
I 

I 

I 
I 

I 
I 

I 
NON  NIP 
I STABEX  SYSMIN  I  Transfer  1  SAF 

I 

RISk 

Capttal  J 
I 
2.5! 
12.71 
12.71 
4.01 
10.1! 
6 a, 
3  71 
1 Ol 
11.51 
20! 
3.01 
0.9 
4 o: 
29.9 

! 

22.9 

5.7' 
3.4 
38.0. 
0,1  I 
6.6: 

5.0: 
30.4' 
11  7 I 
5.8: 
21.5' 
14.8 
10.9: 
14 31 
8.81 
22.3: 
1.51 
7.5· 
11.3! 
2.3 1 
21.7 i 
7,0 I 
13.7! 
7.51 
15.61 
0.6 
11.4, 
0  9' 
i 
427,3! 
1.5' 
041 
0 9 i 
i 
38 
2.6 
3.6· 
2.1: 
1.51 
2.01 
3 01 
2.6' 
3 0' 
26,9 i 
1.21 
I 
3.51 
2.01 
1.7; 
0.51 

4 2 
13,1. 

I 

55  51 
I 

522,9 
1.2 
3.0 I 
2.6 

I 

6,71 
29 
0.2 
3,1! 
1.51 

: 
2.1: 

I 
0 5; 
101 
5,2: 

177 
7.3 

44  5' 
31.21 
40,4! 
198 81 
I 

9 61 

I 

9 8; 
98  6! 
31 

I 
13  71 
2.9! 
I 
365  3 1 
70  g; 

I 
4 4: 
4 51 
21.7: 
3 0 I 
! 
20  31 
21  5: 
6 61 
61.9 
107.0 i 
I 
I 

1 6' 

63.9 

I 
8.9' 
25  5 ( 

-

I 
I 
I 
1264,5. 

: 
I 

1 21 

2.5' 

I 

I 
I 

I 

I 
3,7 i 
0.31 
2.5 i 
110.01 
313: 
4.3' 
0  1: 
13.3: 
111, 
178,9: 

! 
I 

I 
1447,1' 

I 
3 9 I 

I 

I 
3,91 
: 

I 

0.1 

0,1 

f ex  EDF  4! 
I 
i 
I 
I 
i 
3 61 
6 6' 
I 
21.7• 
0 8! 
1 2 I 
I 
I 
2.61 

I 
I 

I 
I 
: 
I 

I 
! 

I 

35.0 
I 
I 

: 

! 

18 0· 

12.5; 
I 
2s ·s: 

I 

I 
I 
i 
I 
15  71 

I 

128,3 

I 

I 
i 

I 

I 

I 
I 
I 

30.0 

30,0-

158,3 

1.0· 

1,0' 
I 

I 
I 

I 

i 

I 
I 
! 
I 
l 

2 8' 
3.5 
0 3, 
0.4 
0.3 
0  1 
I 
0 8• 
0.3 
0.0 
02 
03 
0.9. 
4.0' 
1.7' 
I 

11 
1,5 
1 0' 
0 2: 
0 7! 
v· 

I 
1.61 
1 Oi 
3 3 1 
0 0· 
1 9 
5.2! 
0 0! 
0.6 ~ 
0.2: 
1,0, 
0 8, 
2.3 1 
1 0! 
1.8 I 
t 
4.01. 

62.3; 

L 
o.7T. 
2.1  i 
0  1' 
00 
00 
0  1 
3.2' 
: 
00 
1 6 
00 
6.7 
14.5 
0.2 
-
03 
0  1 
0  1 
00 
I 

0  1 
0  1 
1.0 
0  ~! 
13  8 
00 
91,9 

0: 
0: 
00 

0.4 
0: 
06 
0,8 

04 
0  1 

0.5 

I 
I 
I 

I 

I 
i 
I 
l 
I 
I 
I 
I 

I 

! 
I 

I 
I 
I 
I 
I 

I 

I 
I 
I 

I 

I 
i 
I 

I 

I 
I 
! 

I 
I 

I 
I 

r 

I 
I 
I 
i 
I 

I 
I 
I 

I 

I 

I 
6 0' 
6,0: 

I 

I 

I 

I 

I 
! 
I 

I 

I 

I 
I 

I 

Total 

1881 
34.5 
27.01 
29.9 
56.3 
40,4 
49.9 
203.4 
11.91 
12 0' 
3.3: 
2.3 i 
13.81 
187  1! 
3,51 
26.2: 
19.81 
6.61 
77.21 
383.4 
90 51 
8.9' 
10.41 
36,6! 
53,4' 
12.2' 
42.41 
38 51 
61.9' 
38.11 
73.5: 
163.91 
1.71 
9.8: 
31.31 
4.01 
147.6 1 
9.3: 
23.7! 
49.61 
26.6: 
17,7' 
14.4' 
12,7; 
8.3 
2194,6 
1,5 
2.2• 
5,0• 
2.7; 
5.0 
5.31 
39 
11.5 I 
1.5 
3.01 
4.71 
3.2! 
11  7 
61,11 
4.1: 
2.8 
148.8 
33.8 
6.3 
0.6 
20.0 
15.6; 
232,0. 
20.1' 
70  4' 
6.0: 

2584,1 
1.2 
4.3 
7 5 
0.0 

: 

13,0' 
3.3 
1.5' 
>4,8: 

1.5' 
0.51 
0  5: 
2.21 

0.51 
1 4' 
6,7, 
I 
0,41 
24,9 
2609 0 1 

TOTAL 

State 

I 

I 

I 

I 

I 

I 

! 

I 
I 

I 
I 
I 
I 

I 
I 
I 
i 
I 

120.2 
123.4 
134,5 
57.1 
163.5 
109.0 
138,8 
303.7 
59.8 
32.5 
27,8 
18.3 
25.6 
397,0 
28,0 
123.3 
39.8 
44.1 
190,2 
465.4 
208.1 
34.3 
51.8 
158,1 
166.6 
43.1 
103.6 
173.5 
219,9 
159.5 
180.5 
272.4 
7.9 
73,5 
174,1 
10.0 
227,7 
34,3 
186.9 
103.6 
154,2 
228,5 
103.1 
89.5 
150.8 
I  5917,5 
5.9 
I 
7.2 
13,0 
6.5 
10,9 
10.8 
25.8 
51,4 
4.6 
8.9 
22.1 
10,1 
26.7 
203,8 
23.0 
92 
182,7 
49,1 
12.8 
2,6 
26.7 
24.3 
330,4 
20.1 
954.6 
13.2 
7439,6 
5.6 
12,1 
15.1 
3.0 
0.3 
3.3 
39,5 
9.9 
21.8 
31,7 
3.3 
2.0 
1.2 
4.2 
1.4 
2.2 
2.9 
17,3 
5,2 
0,4 
94,1 
I  7533 6 

I 
I 
I 
I 

i 
I 

I 
I 

I 
I 

I 
I 

I 
i 

I 
I 

I 
! 

i 

I 

I 

: 

I 

0.4 
O,S 
179 9 

I 
15,0 I 
537  91 

96.9 

4,01 
1451  11 

1,0i 
159 31 

1,8 
93 7 

I 
8,01 

152 

48,6 
>4400,11 

20,8 
524,51 

89,2 
4924,61 

I 

2,6 
84 31 

YEAR 1997 

I 
I 

I 

I 

Grant 

NIP 
Spec1al 

loan 

Total 

I 6th  EDF  BY INSTRUMENTAND BY STATE (MECU} 

I 

I 
NON NIP 

T 

I 

12,1Table4 

I 

TOTAL 

I 

State 

DECISIONS 

State 

ANGOLA 
BEN IN 
BURKINA FASO 
BOTSWANA 
BURUNDI 
CENTRAL AFRICA REPUBLIC 
CHAD 
CAMEROON 
CONGO 
CAPEVERDE 
EQUATORIAL GUINEA 
ETHIOPIA 
GABON 
GHANA 
GAMBIA 
GUINEA BISSAU 
GUINEA 
IVORY COAST 
KENYA 
LIBERIA 
LESOTHO 
MADAGASCAR 
MALAWI 
MAURITIUS 
MAURITANIA 
MALl 
MOZAMBIQUE 
NIGER 
RWANDA 
SENEGAL 
SEYCHELLES 
SIERRA LEONE 
SOMALIA 
SUDAN 
SWAZILAND 
TANZANIA 
TOGO 
UGANDA 
NIGERIA 
ZAMBIA 
ZIMBABWE 
ZAIRE 
• TOT AL.  AFRICA 
BARBADOS 
BELIZE 
GUYANA 
JAMAICA 
SINT VINCENT & GRENADINES 
TRINIDAD  & TOBAGO 
•  TOTAL CARIBBEAN 
FIJI 
PAPUA-NEW  GUINEA 
TONG A 
TUVALU 
W•NUATU 
>;-TOTAL PACIFIC 
ALL COUNTRIES 
REGIONAL COOPERATION 
FINANCIAL & ADMINIS.  EXPENSES 
• TOTAL.ACP 
MAYOTTE 
NEW CALEDONIA 
FRENCH POLYNESIA 
ST PIERRE & MIQUELON 
WALLIS & FUTUNA 
• TOTAL FRENCH OCT 
CA YMAN  ISLANDS 
TURKS & CAICOS 
• TOTAL BRITISH OCT 
REGIONAL COOPERATION 
• TOTAL OCT 
• TOT AL.  ACP + OCT 

I 

i 

I 
I 

I 

I 

I 

I 
I 
I 
I 

! 

I 

I 

i 
I 
I 

i 

i 

! 

I 
I 
i 

I 
I 

I 

: 

I 

i 
I 

i 
I 

I 

0,2 
-0,3 
-0,0; 
·2.5 
-0,1 
0.3 
.Q,O 
-0,0 
-0,0 
0,0 
-0.21 
0,0 
0.7! 
0,0 
-0.9· 
0.31 
1,2 
0,1 
8.3 
4,1 
-0.0 
9,3 
-0,91 
-0, 1' 
-0,4 
-1,9 
0,3 
-0.3 
-3,0 

.0.0 
-0,21 
0.31 
-0,3 
-0,0 
-0,2 
-5,0 
-0.2! 
·2,3 
-3,21 
-0,11 

-0.7 
2,0 
0,0 
0,01 
0,1 
0,0 
0,1 
0,01 
0,3 
0,0 
0  11 
0 Oj 
0,01 
0.2 
0,31 
I 
32.61 
3,5 
38,7 
-0,3 

1.5i 

-0.0! 
1,3 I 
I 
-0.0 

~.or 
-0.3 
1,0 I 
39,7 
I 

i 

-0.51 

I 

-0,6 

I 
I 
I 

i 

: 

I 
I 

I 

I 

I 

I 
l 

I 

-0,1 

I 
-0.01 
I 
I 
-0.91 
-2,11 

I 
! 
I 
I 

I 
-O.Oj 
I 

I 
I 
~.o~ 

: 
-8.8: 
! 
-11,0 I 
I 
I 

I 

I 
I 
I 
-0,01 
i 
~.01 
I 
~.01 

-11.0 I 
I 
I 

0 2: 
-0.3 
-0,0 
-3,0j 
-0.1 
0,3 
-0,0 
-0,6 
-0,0 
0,0, 
-0.21 
0.01 
0.71 
0.01 
-0.9i 
0.3! 
1.21 
0,11 
8.31 
4,1' 
-0,0 
9,3 
.0,9 
-0.1 
-0,4 
-1,91 
0,3 
-0,3 
-3,0 

-0.0 
-0,21 
0,31 
-0,3 
-0,11 
-0,21 
-5,01 
-0,21 
-2.3 
-3,21 
-0,11 
-1,6, 

~.11 
O,Oj 
0.01 
0,1  i 
O.Oi 
0,1 
0.0 
0,31 
0.0 
0,11 
0.01 
0,0 
0,2 
0,3 

I 
23,71 

3.51 
27,7! 
-0.3 1 
I 
1.5, 
I 
-0.01 
1,3: 
-0.01 
-0.01 

~.01 
-0,31 
1,0 I 
28,7: 
I 
I 

I 
! 
I 

I 

I 
I 

I 

I 

I 

I 
I 

! 
I 
I 
I 

! 

I 

I 
I 

I 
I 
I 
I 

I 

I 

I 

-0  3 

I 

I 

I 
I 

Aid 

Aid 

Interest  I Energency 1 Refugee  I  R1sk 
Subs1diesi 
I  Cap1tal 
I 
I 
I 
i 
I 
! 
I 
-0.31 
I 
I 
I 
I 
I 
I 
I 
I 
: 
I 

i 
: 
: 

-0  01 

I 
i 
I 

~ 
I 

I 
I 

I 
I 
i 
I 

: 

SYSMIN  I  Transfer 
I ex  EDF 4 
! 
i 

-0,0 

0.21 
-0.61 

-0.01 
0.01 

! 
-0,31 
-0.0 

I 
I 
0,11 

I 

I 
-0.0! 

-o  o; 
-0.0 

0.31 

-0,0 

0,21 
-0,0! 

-0,1 

0  1; 
I 
I 

0.1 

i 

~.31 
O.Oi 
00 

I 
o.o: 
-0,01 
0,01 
I 
I 
i 
-0  Oi· 

I 

~.Oi 
I 
-0.01 
i 
~.2: 
I 

I 
I 
0,01 

0,01 
I 
I 

0,0 

~.2 

I 

I 

! 
I 
f 
i 
i 

! 
i 
I 

I 
: 
i 
I 
i 

I 

I 

I 

I 
I 
I 
I 
; 
I 
I 
I 
I 
I 
I 
I 
I 
I 
I 
l 
I 

I 
I 
! 

I 

I 

i 

I 

i 

! 

I 

I 

! 

: 

I 

• 

i 

0.2' 
I 

; 

0,2 

: 

! 
i 
0,2: 
0,2 

! 

I 

Total 

) 
I 
I 
i 
I 
i 
-0,3i 
I 
-0,21 
-0.6! 
I 
-0.11 
0.01 
I 
I 
-0,3j 
-0  Oi 
I 
I 

0,1  i 
! 
I 
-0,0 1 
I 

-0.0, 
I 
-0.01 
-o.o; 
I 
0.31 
-1,31 
-0,01 
-0,01 
-o.1 I 
I 
0.21 
-0.81 
-0,11 
-0,11 
I 
0,11 
I 
-0,21 
0.01 
I 
! 
-3,61 
0.01 
0.01 
I 
I 
0.01 
-O.Oi 
o,o: 
I 
j 
-0.0! 
I 
I 

~.Oi 
-1,11 
-0.0: 

i 
-4,81 

i 
0.2: 
I 
O.Oi 
I 
0,21 
I 
I 
I 
I 
0,21 
-4,5 i 
l 
I 
I 

I 

i 

I 

I 

I 

I 

I 
I 

i 

I 
I 

I 
i 

I 
I 

I 
I 

I 

I 

' 

0,2 
-0,6 
-0.0 
-3.2 
-0,6 
0,3 
-0.1 
-0,6 
-0.0 
0,0 
-0,5 
-0.0 
0,7 
0,0 
-0,9 
0,4 
1.2 
0,1 
8,3 
4,1 
-0,1 
9.3 
-0,9 
-0.1 
-0,4 
-1,6 
-1,1 
-0,3 
-3.0 
-0,1 
-0,0 
-0,0 
-0,5 
.0,4 
-0.2 
-0,2 
-5,0 
-0.2 
·2.5 
-3,2 
-0,1 
-1,6 
-3,7 
0,1 
0,0 
0,1 
0,0 
0,1 
00 
0,4 
0,0 
0,1 
0.0 
0,0 
0,2 
0,3 
-1.1 
23.7 
3.5 
23,0 
-0,3 
0.2 
1.5 
0,0 
-0.0 
1,5 
-0,0 
-0,0 

~.o 
-0.3 
1,2 
24,2 

I 
I 

! 

I 
I 

! 

-0.0 

I 
I 
I 
I 
I 
-1.01 

-0.0 

I 
I 
-0.81 
-0,11 
I 
l 
I 
I 

I 

I 
-2,0 i 

I 

! 
I 
I 
I 
I 

I 

! 
-1.1  : 

I 

i 

-3,1' 

I 
I 
I 

I 
I 
I 

r 

I 
-3,1 i 
I 
I 

~ 
I 

I 

i 

I 

-0  0 

I 

i 
i 
-0.3: 
-0.0: 

I 
-0.1' 

I 

I 

i 
I 
I 

~ 

I 

I 
I 
i 

I 

I 

I 

I 

I 

I 

I 

-0  0 

~.s 

~.3 

I 

I 

~.s· 

~.3 

I 

i 

I 

I 

: 

i 

I 

~.5 

~.3 

I 
I 
I NOTE  No comm1tments or decomm1tments for STABEX and  SAF  1n  1997 

I 
I 
! 
I 

I 
I 
I 
I 
I 
! 
i 
: 
i 
I 
I 
I 
i 
I 

I 
I 
I 
I 
I 
I 

·0.21 
I 
I 
I 

~.5! 

: 
I 

I 

I 

i 
i 

i 

I 

I 

i 

i 
I 
I 

~.5 

: 

i 
i 
I 
I 

I 
I 
I 
: 
i 
i 
-{),5; 
I 
I 

153 

CUMULATIVE END 

1YEAR 1997 

DELEGATED 
APPROPRIATIONS 
State 

Grant 

NIP 
Speaal 

Loan 

6th  EDF BY INSTRUMENT AND  BY STATE  MECU) 1 
i 

I 

Total 

lntl!fest  Energency  Refugee 
SltlSides 
Aid 

Aid 

Risk 

Capital 

NON  NIP 
STAB EX  SYSMIN l  Transfl!f I  SAF 

Total 

ANGOLA 
BENIN 
BURKINA FASO 
BOTSWANA 
BURUNDI 
CENTRAL AFRICA REPUBLIC 
CHAD 
CAMEROON 
CONGO 
COMOROS 
CAPEVERDE 
DJIBOUTI 
EQUATORIAL GUINEA 
ETHIOPIA 
GABON 
GHANA 
GAMBIA 
GUINEA BISSAU 
GUINEA 
IVORY COAST 
KENYA 
LIBERIA 
LESOTHO 
MADAGASCAR 
MALAWI 
MAURITIUS 
MAURITANIA 
MALl 
MOZAMBIQUE 
NIGER 
RWANDA 
SENEGAL 
SEYCHELLES 
SIERRA LEONE 
SOMALIA 
SAO TOME & PRINCIPE 
SUDAN 
SWAZILAND 
TANZANIA 
TOGO 
UGANDA 
NIGERIA 
ZAMBIA 
ZIMBABWE 
ZAIRE 
•  TOTAL AFRICA 
ANTIGUA-BARSUDA 
BARBADOS 
BELIZE 
BAHAMAS 
DOMINICA 
GRENADA 
GUYANA 
JAMAICA 
ST CHRISTOPHER NEVIS 
SAINT A LUCIA 
SURINAME 
SINT VINCENT & GRENADINES 
TRINIDAD & TOBAGO 
•  TOTAL CARIBBEAN 
FIJI 
KJRIBATI 
PAPUA-NEW  GUINEA 
SALOMON ISLANDS 
TONGA 
TUVALU 
VANUATU 
WESTERN SAMOA 
•  TOTAL PACIFIC 
ALL COUNTRIES 
REGIONAL COOPERATION 
FINANCIAL & AOMINIS.  EXP:NSES 
"TOTAL ACP 
MAYOTTE 
NEW CALEDONIA 
FRENCH POLYNESIA 
ST PIERRE & MIQUELON 
FRENCH ANTARTIC TERRITORIES 
WALLIS & FUTUNA 
"  TOTAL FRENCH OCT 
ARUBA 
NETHERLANDS AN TILES 
"TOTAL DUTCH OCT 
ANGUILLA 
CAYMAN ISLANDS 
FALKLAND ISLANDS 
MONTSERRAT 
SAINTE HELENE 
TURKS & CAICOS 
VIRGIN  ISLANDS 
•  TOTAL BRITISH OCT 
REGIONAL COOPERATION 
ALL COUNTRIES 
•  TOTAL OCT 
·TOTAL ACP + OCT 

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88.9; 
85.3· 
103.1 
19.7 
83.9 
67.1 
84.9 
69.9 
29.2 
20.3 
23.7 
14.7 
11,1 
165.8 
16.6 
94.1 
19.7 
36.1 
105.7 
58.81 
92.0 
25.2 
30.8 
89,8 
103.2 
20.0 
60.4 
122.6 
139.6 
100,0 
91.7 
98.4 
6.2 
57,4 
130.7 
5.9 
69.4 
19.7 
161.3 
47.2 
126,1 
52.3 
73.0 
43,9 
111.6 
3077,0 
3,4 
2,5 
5.0 
2.8 
5.8 
5.51 
21.7 1 
29.71 
3.11 
5.11 
15.3 
6.6 
6.5' 
112,9 1 
13  11 
6.41 
20.31 
13.21 
5.61 
1.7 1 
6.31 
8 71 
75,2 I 

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750.0 i 
7.0 I 
4022,11 
2.51 
5.51 
4.31 
2.01 
0  31 
231 
16,91 
4.11 
12.61 
16,81 
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0 7: 
1.5! 
1.41 
1 6! 

6,9' 
4.51 
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45,1 1 
4067 2: 

88.9 
85,3 
103.1 
25.2 
93.8 
67,1 
84.9 
99.3 
39.2 
20.3 
23.7 
14.7 
11.1 
172.5 
23,9 
94,1 
19.7 
36.1 
110.7 
80.0 
10201 
25.2! 
40.71 
101.41 
108.1 
29 7 i 
60.41 
127.61 
139.6 
104.7 
101.7 
108.3 
6.2 
62.3 
130.7 
5.9 
69.4 
24.6 
161.3 
49.6 
126.1 
181,0 
88.0 
73,1 
118.81 
3440,0 
4,4 
2.8 
8.0 
3.7 
5.8 
5.5 
21.7 
39.7 
3,1 
5.1 
15.81 
6.6 
12.5 
134,71 
18.01 
6.41 
33.81 
15.0' 
56! 
1.7 i 
6.3: 
8 7! 
95,41 

799.71 
7 01 
4476,8: 
4.5 i 
7 81 
6.1' 
3.01 
0.31 
3.2' 
24,9 
5.8i 
14.7 
20,4: 
1.7: 
1.51 
0.71 
2.01 
1.4: 
1 6 
1.51 
10,41 
4.5 I 
i 
80,31 
4537,11 

5.5 
9.9 

29,4 
10,0 

6.7 
7,3 

5,0 
21.3 
10.0 

9.8 
11,6 
5.0 
9,7 

5,0 

4.6 
10.0 
10.0 

4,9 

4,9 

2.4 

128.7 
15.0 
29.2 
7.1 
363,0 
1,0 
0.3 
3,0 
0,9 

10,0 

0.5 

6.0 
21,8 
4.9 

13.5 
1.8 

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49,7 

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454,7 
2.0 
2,3, 
1 81 
1,0 

0.91 
8,01 
1.61 
2.11 
3,7 i 

,  5 

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3,5 

15,21 
469.91 

2.6 

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10.8 

1.7 
3.2! 
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0.2 

0.7 

15.0 

10.51 
1.3 
61,1 

1.1 
0.1 
2.61 

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5,4 

0,9 

0.6 
2.01 
12,6 
2.11 
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0,8 

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13.3 
2.7 
0.2 
4.2 

3.9 

20.0 
1.3 

5.9 

0.6 
1,3 
2.1 
92,5 

1.8 

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2.5 
12.7 
12.7 
4.0 
10.11 
6.0 
3.7 
1,0 
11.5 
2.0 
3.0 
0.91 
4.0 
29.9 

22.9 
5.71 
3.4 
38.01 
0  11 
6.6' 

5.0 
30.41 
11.7 
5.81 
21.5 
14.8 
10.9 
1<1  3 
8.8 
22.3 
1.5 
7.5 
11.3 
2.3 
21.7 
7,0 
13.71 
7.5 
15.6' 
0.6 
11,4 
0.9 

427,3 
1.5 
0.4 
0.9 

3.8 
2.6 
3.61 
2.1' 
1.51 
2.0 
3.0 
2.6 
3.0 
26,9 
1 2 

3.51 
2 01 
171 
0.5 

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4.2' 
13,1: 
I 

55.5 

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522,9: 
1 21 
3.0 
2.61 
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6,7 
2.91 
0.21 
3,11 
1.51 
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0.51 
1.0' 
5,21 
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1s,o I 
537  91 

17.7 
7.3 

44.5• 
31.2 
40.4 
198.8 

9 6; 

9.8 
98.6 
3.1 

13.7 
2.9 

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365 3' 
70.91 
I 
4.41 
4.51 
2171 
3.01 
I 
20.3i 
21.51 
6.6 
61.9 
107.0 

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1.6, 
63.9 

8.9 
25.5 

1264,51 
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1.2: 
2.5 

3.7 
0  31 
2.51 
110.01 
31.3 
4.3 
0.11 
19 31 
111: 
178.9 i 

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1447,1' 

3 91 

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3.91 

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1 
4,01 
1451  11 

13.7 
0.3 
0.4 
0.4 
0.2 
0.6 
1.2 
0.1 

0.2 

I 
47.51 
0.11 

0.2 1 
0.1 
1.1' 
09j 
0 41 
6.71 
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0.3 
4.11 
01 
0.71 
0.8j 
16.31 
0.4 
1.6i 
1,6 

0.4 
10,4 
0,1 
40.7 

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0,1 

2.5 
1.1 
0,6 

0.9 
156,6 

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0.2 
0.8 

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0.1 
0.1 
1,4i 
0.3i 
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1,5' 
19.9 I 
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179,4 
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0,51 
179 91 

154 

21  Table 5 

TOTAL 

State 

18.8 
34,3 
27.0 
29.2 
56.2 
40.4 
.8.7 
203.3 
11,9 
12.0 
3.3 
2.3 
13.8 
187,1 
3.5 
26.2 
19.8 
6.6 
75.8 
382.3 
89.1 
8.5 
10.0 
36.3 
53.1 
12.2 
42.4 
38,3 
61.9 
37.7 
73.5 
151.9 
1.7 
9.6 
30,8 
<1,0 
146.9 
9.3 
23.7 
33.91 
26.31 
17.61 
14.41 
12.7 
6.01 
2154,3 
1.5 
2.1 
5.0 
2.7 
5.0 
5.3 1 
3.91 
11.5 
1.5 
3.0 
4.4 
3.2 
11,4 
60,4 
4,1 
2.81 
144.11 
33 8 
6.3 
0.6i 
20.0! 
15.6' 
227.2 
20.11 
69.8 
6.0 
2537,91 
121 
4,11 
7.51 
O.Oi 
I 

I 
12,81 
3.31 
1,5, 
4,81 
1.5 ~ 
0.51 
0.51 
2.21 
! 
0.51 
1,4T 
6,71 

I 
0.41 
24,71 
2562 6 I 

107.7 
119,6 
130,1 
54.4 
150,0 
107,5 
133.5 
302.6 
51.1 
32.3 
27.0 
17.0 
24,9 
359,6 
27,4 
120,3 
39.5 
42.7 
186,5 
•62.3 
191,2 
33,7 
50.6 
137.8 
161.3 
42.0 
102,8 
165.8 
201,6 
1<12.3 
175.1 
260.2 
7.8 
72,0 
161,5 
9,9 
216,3 
33,9 
185,0 
83.5 
152.3 
198.6 
102,4 
85.9 
124,8 
5594,3 
5.9 
4,9 
13.0 
6.4 
10.8 
10,7 
25.6 
51.2 
4,6 
8,1 
20.2 
9.9 
23.9 
195,1 
22.1 
9.2 
177.9 
48.9 
11.8 
2.3 
26.2 
24.3 
322.7 
20.1 
869.5 
13.0 
7014,7 
5.6 
11.9 
13,6 
3.0 
0.3 
3.2 
37,7 
9.1 
16.2 
25.2 
3.2 
2.0 
1.2 
4,2 
1.4 
2.2 
2.9 
17,1 
4.5 
0.4 
85,0 
7099.7 

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6.6 
0.2 
1.1 
2.5 
1.6 
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03: 
0.4' 
0.31 
0.11 

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18 o: 

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12. 1l 
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14.3 

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99,7; 
: 
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25.3 

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25.3 

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124.9 
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0.8 

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0,8 

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0.81 
0.3 
0.0· 
0 2' 
0 3: 
0.8' 
2.8: 
0.31 

0.6 
1.2' 
08 
0 21 
0  7; 
2.5: 
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1.5' 
1.01 
2.51 
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1.71 
5.21 
0.0! 
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0.21 
1.0· 
0,81 
2.2 
0.9 
1,8 

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1.71 
52.7i 
! 
0.61 
2.11 
0.11 
0 01 

0 o: 

0.11 
3.21 
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0.0 
1.3' 
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6.4 ~ 
13,9 
0.21 
0.3i 
0.11 
0.1  I 
O.Oi 

0.1 
0.1 
1,0' 
02 
13.3' 
0.0' 
81,1  i 
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0.21 
0.2' 
0 0! 
I 
I 
0,4 1 
0 2: 
0 6. 
0,8  i 
i 
1 
0  41 
0.11 

I 
I 
I 
0,5, 
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I 

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I 

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1 
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1 
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I 
6 01 
6,0: 
I 
I 
I 
I 
I 

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0,8 
125,7 

1,81 
82.8' 

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6.0 I 

!YEAR 1997 
I 
I 

NIP 

Grant 

Special 

Total 

I  Loan 

16th EDF BY INSTRUMENTAND BY STATE fMECU)  1 
i 

I 

Interest  Energency  Refugee 
Aid 

Substdiesl 

Aid 

NON NIP 

Risk 

Capital 

SYSMIN  Transfer  1  Total 

ex EDF 4

1 

2 1 Table 6 

TOTAL 

State 

DELEGATED 
APPROPRIATIONS 
State 

ANGOLA 
BENIN 
BURKINA FASO 
BOTSWANA 
BURUNDI 
CENTRAL AFRICA REPUBLIC 
CHAD 
CAMEROON 
CONGO 
COMOROS 
CAPE VERDE 
DJIBOUTI 
EQUATORIAL GUINEA 
ETHIOPIA 
GABON 
GHANA 
GAMBIA 
GUINEA BISSAU 
GUINEA 
IVORY COAST 
KENYA 
LIBERIA 
LESOTHO 
MADAGASCAR 
MALAWI 
MAURITIUS 
MAURITANIA 
MALl 
MOZAMBIQUE 
NIGER 
RWANDA 
SENEGAL 
SEYCHELLES 
SIERRA LEONE 
SOMALIA 
SAO TOME & PRINCIPE 
SUDAN 
SWAZILAND 
TANZANIA 
TOGO 
UGANDA 
NIGERIA 
ZAMBIA 
ZIMBABWE 
ZAIRE 
• TOTAL AFRICA 
BARBADOS 
BELIZE 
BAHAMAS 
DOMINICA 
GRENADA 
GUYANA 
JAMAICA 
SURINAME 
TRINIDAD  &  TOBAGO 
• TOTAL CARIBBEAN 
FIJI 
KIRIBATl 
PAPUA-NEW  GUINE.~ 
SALOMON ISLANDS 
TONG A 
TUVALU 
VANUATU 
• TOTAL PACIFIC 
ALL COUNTRIES 
REGIONAL COOPERA TlON 
FINANCIAL &  ADMINIS.  EXPENSES 
• TOTAL  ACP 
MAYOTTE 
FRENCH POLYNESIA 
ST PIERRE &  MIQUELON 
WALLIS &  FUTUNA 
• TOTAL  FRENCH OCT 
ARUBA 
NETHERLANDS ANTlL::S 
• TOTAL  DUTCH  OCT 
ANGUILLA 
CAYMANISLANOS 
MONTSERRAT 
TURKS  &  CAICOS 
• TOTAL  BRITISH  OCT 
REG~NALCOOPERATlON 
• TOTAL  OCT 
• TOTAL  ACP + OCT 

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! 

: 

I 

2.21 
-1,3 
9,2 
-0.1 
-1.9 
1,4 
1,8 
1,0 
-0.0 
-0.0 
-0,5 
-0,11 
0,9 
6.0 
0,1 
1,9 
0.2 
0,4 
0.9 
04 
0.31 
4.4 
-0,0 
9.51 
10.4 
1,4 
0,1 
0.6 
2,6 
2.0 
-0,7 
0,0 
0,0 
-0,0 
19.4 
0.0 
-0,4 
0,5 
-0.1 
·1.1 
0,31 
-1.91 
-1,0 
0.61 
·1.7 
67,6 

0.3 
0.3 
-0.1 
-0.01 
0.11 
0,1 
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0.2 1 
0,61 
1.41 
-0.01 
0.1! 
0.11 
0.01 
o.o: 
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1.5: 

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2.91 
3.51 
76.1  I 
0,01 
0.41 
: 
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0.41 
-0  01 
0.21 
0.1: 
.Q  1 

-0.0: 
-0  01 
-0.1' 
0.5' 
1,0! 
77.01 

2.2 
-1.3 
9,2 
3,6 
-1.9 
1.4 
1.8 
1,01 
·0.0 
·0,0 
-0.5 
·0,1 
0,91 
5,4 
0,1 
1,9 
0.2 
04! 
0,9 
0,51 
0.31 
4.41 
-0.0 
10,9 
10,4 
1,3 
0.1 
0.6 
2,6 
2.0 
-0,7 
0.0 
0,0 
-0,0 
19,4 
0,0 
-0,4 
0.5 
-0.1 
·1,1 
0,3 
-4,8 
-1,0 
1,9 
·2.61 
69,61 

0,3 
0,4 
-0,1 
-0,0 
0.1 
0.1 
-0.0 
6.21 
6,81 
1,31 
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3.1  i 
-0  11 
0.01 
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4,3, 

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-2.5: 
3.5: 
81,71 
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0,21 
0,21 
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0,51 
0,91 
82,61 
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I 

I 

2 a; 

I 

I 
I 
I 
I 
I 
1,3: 
I 
I 
0,0 1 
I 
3.81 
I 
I 
i 
i 
I 

! 

I 
i 

: 
I 
: 
! 
7,8. 
: 

I 

l 
I 

I 
I 

I 

I 
I 
-0.01 
2.8· 
: 

-0 o, 
1.8 ~ 
0.11 
0,0 
0.3 
-0.0: 
.o.o 
: 

·0.3 
00 

0.0 
-0.0 
0  1' 
0.1 

: 
-0.0 
0,51 
0.3: 
0,11 

I 

: 

i 

·0.01 
I 
i 
! 
0.11 
-0.01 
I 
I 
·0.0! 
0,11 
0,1  i 
0.0' 
-0.0· 
0.1  i 

I 
0.0 
6,0 
·0.0' 
o.o. 

: 

0.0 

I 

-00 
0 1' 
0,1 

I 
, ~  8 

.Q 0 

I 

11,8 

-0.0 

2.0 

8.1 

cc 

0,0 

I 
05 
0.5 

I 

19,6 ~ 
i 
I 
I 

: 

: 
i 

I 

i 
-0,8 
! 

I 
-0,31 

I 

I 
19,6: 

0.7· 
8.8 

-1,7 
12,0 
3,2 
·1.9 
3.2 
1,8 
1,0 
0.3 
-0,0 
·0.5 
-0.1 
0.7 
54 
0,1 
1,9 
0,2 
0.5 
3,8 
0.5 
0,3 
4.1 
-0,0 
11.4 
10,7 
1,4 
1,3 
0.6 
2.6 
1,9 
-0.7 
3.6 
0,0 
0,1 
19,4 
0,0 
·0,8 
0,5 
-0.0 
·1,0 
0,3 
·5,0 
-0,9 
1,9 
·2.5 
81,6 
-0.0 
0,3 
0,4 
-0.1 
0.0 
0.1 
0.1 
-0.0 
6.3 
6,9 
1 3 
-00 
14,9 
-0.1 
0.0 
0.0 
.Q  1 
16,1 
-0, 
-0  5 
3.5 
107,6 
0.0 
0.4 
0.0 
-0  1 
0,4 
-0.0 
0.8 
0,8 
-01 
-0,0 
-0.0 
-0.0 
-0,1 
0.5 
1,6 
109,1 

-0  41 
2.8 
-0  3 
-0.01 
1.81 
0.1 
0,0 
0.31 
-0,0 
.Q  0 i 
I 
-0  31 
0 o: 

I 

0 01 
-0.0' 
01' 
2.9i 
I 

-0  31 
-0.0 1 
0.5 
0,3 
01 i 
1,31 

-0.0 
-0.0 
3,6 

0.11 
.o 01 

-0,5 
-0,0 
0.1 
0,1 
0.01 
-0.21 
0,01 
I 

0.0 
12,01 
-O.Oi 
0.01 
I 
I 
0 o: 

I 
I 
-0  01 
0.1  i 
0,1' 

11  31 

I 
-0  0 

I 

11,81 
-01: 
2,0; 
! 

25,81 
I 
I 
0 0! 

o.o. 
I 
0  ~' 0· 
0,6: 

i 
: 

i 

I 

: 
0,71 
26,5 i 

i 

I 

I 
I 

I 
l 
I 
I 
! 

I 

I 

I 

I 

I 

I 

I 
I 
I 
I 
I 
I 

! 
I 

! 
I 
! 

! 

I 
I 

I 
I 

I 

I 

I 
! 

I 

I 

I 

I 

! 
-0,5; 

! 

I 

I 
-0,31 

I 
I 

I 
I 

NOTE  No  delegated  aooroonat1ons for  STABEX and  SAF  IN  1997 

155 

CUMULATIVE END 

PAYMENTS 

State 

!YEAR 1997 
i 
I 
I  Grant 
I 

NIP 
Speoal 
Loan 

Total 

Interest  Energl!f'CY  Ref~ee 
Aid 
St.C:isidies 

Aid 

6th EOF  BY INSTRUMENTANO BY STATE {MECU) 

i 

I 
NON  NIP 

2 1 Table 7 

TOTAL 

17.7 
7.3 

21.7: 
I 
I 
i 

44.51 
312: 
40 4 
198.81 

ex EDF 4· 
I 
I 
30 
6.2 
0 2: 
1,1: 
1.1. 
1.5. 
3.3. 
I 
0 4' 
0.3 
0.1 

RISk  J  STABEX  SYSMIN  Transfer 1  SAF 
Captlal  I 
l 
2.51 
12.7l 
7 3; 
4 0! 
10.11 
4 a, 
351 
1.0] 
1 1.5. 
2.01 
3.0' 
0.9 ~ 
4.0· 
25.11 
I 
22.01 
5.7: 
3.4. 
25 0; 
0.1  i 
6.6: 

I 
0.8. 
0.3 
0.0. 
02 
0.1 
0.7 
2.7: 
01 

981 
98.6' 
3.1 

26.31 
! 
I 

96 

i 
I 

I 

13.7' 
2.91 
I 
365 3! 
70  9' 
I 
4.4' 
4.51 
21.71 
3.01 

20 3: 
21.51 
6.6 
61.9: 
107.01 
l 

I 
1,6\ 
63.9L 
I' 
8.91 
25.51 

I 
1264,5· 
I 
I 
I 
: 
12· 
2.51 

I 

I 
3.11 
03 
2.5 
110 01 
31.31 
4.31 
0.11 
19,3 
111 1 
178,9i 
I 
! 
I 

1441,1 

I 
3.9 
I 

3,9 

0.11 

0,1 

I 
5 01 
30.41 
11.71 
5.81 
21.5: 
14 8t 
10 9i 
14.3• 
7.2! 
22.31 
1.5i 
7.51 
11.3· 
2.31 
21.71 
7.01 
13.41 
7.51 
15  61 
0.61 
11.41 
0.9, 
I 
399,9' 
1.5! 
04i 
0 g· 
I 
38 
2 6i 
3 6t 
2,1  I 
1.5: 
2.0! 
3.0: 
2.5: 
3.0: 
26,9! 
1.21 
I 
3 Si 
2.0 1 
1.7! 
0.5: 

4.2 
13,1 1 

55.5' 
: 
495,5· 
1 2r 
3.0· 
2.6 1 
I 

I 

_[ 
6,7: 
2.9 
0.21 
3,11 
1.5! 
I 

I 
2. 1i 
I 
0.21 
101 
4,8· 

: 
I 
I 

I 
16,3' 
i 

12.11 

8.7 
l 
! 

~ 

I 
85,7 I 

i 
I 
i 
I 
: 
I 
i 
I 
I 
I 

133: 

I 
I 

I 

i 
1J,J I 

i 
I 
99,0• 
I 
0.81 
! 

I 
0,8: 

I 

I 
I 
I 
I 

I 

: 
0.6• 
0.5 
0.4i 
0,21 
0.7 
2.5: 
: 
1.51 
I 
2.5· 
I 
1.6· 
3.61 
0.0 
0.5• 
0.2: 
1.01 
0.71 
2.2. 
0.9 
1.71 
I 
1.1  I· 
44,5. 
l 
0.61 
2.11 
0.1  i 
0.0. 
0,0' 
0.1' 
3.2. 
I 
0,0: 
0,8. 
I 
5,9: 
12,8 
0.2· 
03 
0.1' 
0.1: 
0.0 

0.1 
0.1 
1,0 
0.2 
10.3' 
o a· 
68,8 
I 
02 
0.2 

0,3 
0.2 
I 
0,2' 
I 

0.4 
0,1 

I 
I 
I 
0,5 

1 

.-\ 

I 
I 

I  Total 
I 

i 
I 
I 
I 
I 
I 
I 
I 
L 

I 

I 
I 

I 
I 

l 
I 

I 

I 
I 

18.8 
33.9 
21.3 
29.2 
56.2 
37.7 
48.4 
203.2 
11.5 
12.0 
3.3 
2.3 
13.8i 
182.3 
3.5 
25.2 
19.8 
6.4 
55.31 
382,1 
88,9 
8.5 
10.0 
35.7 
52,8 
12.2 
41.4 
38.3 
61,9 
37,7 
70,9 
146,3 
1.7 
9.5 
29.2 
4.0 
146,7 
9.3 
23,4 
33,8 
26] 
17,6 
14,2 
12.7 
5.4 
I  2104,8 
l 
1,5 
i 
2.1 
I 
5,0 
2.7 
I 
5.0 
I 
5.3 
3,9 
11,4 
1 5 
3.0 
3.9 
3.2 
10,9 
59,31 
4.1 
2.8 
132.1 
33.8 
6.3 
0.6 
20 Oi 
15,6 i 
215,2, 
20.11 
66.91 
5.41 
2471,71 
1.21 
4,11 
7,5 

I 
I 
i 
I 
I 

I 

I 
I 
I 
I 

12,1 
3,3 
0,9 
4,1 
1,5 
0.5 
0.5 
2.2 

0.2 
1,4 
8,3 

5.4: 
5,41 
I 
I 
I 
I 
I 

i 

14,15 

4,01 
510 t:  145111 

0,8 
99 81 

1,1 
89 91 

0.4 
23,15 
2495 3 

541 

State 

104.4 
118,3 
117,5 
51.7 
149.6 
102.6 
130,1 
299,6 
47,1 
32.2 
26,8 
15.7 
22.3 
341,0 
26.9 
93.3 
39.1 
39.8 
163.1 
460.6 
186.9 
29.0 
49.9 
121.7 
158,8 
40.7 
98.4 
164.7 
199,0 
136.7 
152,8 
250.8 
7,8 
71.6 
...  136.5 
9.8 
215.2 
32.8 
1837 
83.0 
"'151,6 
194,7 
101.7 
81.4 
110,8 
5351,8 
5.3 
4.8 
12.8 
5.9 
10,8 
10.7 
25.3 
46.5 
4,6 
8,1 
19.7 
9.8 
16,8 
181,1 
20,4 
8.9 
162.6 
48.3 
11.2 
2.2 
26.0 
24.3 
303,9 
20.1 
828.5 
11,5 
6696,9 
5.6 
11,9 
13.0 
3.0 
0.3 
3.2 
31,0 
9.0 
14,0 
23,1 
3.2 
2.0 
1,1 
4.2 
1,4 
1.8 
2.9 
115,7 
3.6 
0.4 
80,8 
157ns 

I 

ANGOLA 
BENIN 
BURKJNA FASO 
BOTSWANA 
BURUNDI 
CENTRAL AFRICA REPUBLIC 
CHAD 
CAMEROON 
CONGO 
COMOROS 
CAPEVERDE 
OJIBOUTI 
EQUATORIAL GUINEA 
ETHIOPIA 
GABON 
GHANA 
GAMBIA 
GUINEA BISSAU 
GUINEA 
IVORY COAST 
KENYA 
LIBERIA 
LESOTHO 
MADAGASCAR 
MALAWI 
MAURITIUS 
MAURITANIA 
MALl 
MOZAMBIQUE 
NIGER 
RWANDA 
SENEGAL 
SEYCHELLES 
SIERRA LEONE 
SOMALIA 
SAO TOME & PRINCIPE 
SUDAN 
SWAZILAND 
TANZANIA 
TOGO 
UGANDA 
NIGERIA 
ZAMBIA 
ZIMBABWE 
ZAIRE 
• TOTAL AFRICA 
ANTIGUA-BARBUOA 
BARBADOS 
BELIZE 
BAHAMAS 
DOMINICA 
GRENADA 
GUYANA 
JAMAICA 
ST  CHRISTOPHER NEVIS 
SAINTALUCIA 
SURINAME 
SINT VINCENT & GRENAOINES 
TRINIDAD & TOBAGO 
• TOTAL CARIBBEAN 
FIJI 
KJRIBATI 
PAPUA-NEW  GUINEA 
SALOMON ISLANDS 
TONGA 
TUVALU 
VANUATU 
WESTERN SAMOA 
• TOTAL PACIFIC 
ALL COUNTRIES 
REGIONAL COOPERATION 
FINANCIAL & AOMINIS.  EXPENSES 
• TOTAL ACP 
MAYOTTE 
NEW CALEDONIA 
FRENCH  POLYNESIA 
ST  PIERRE & MIQUELON 
FRENCH ANTARTIC TERRITORIES 
WALLIS & FUTUNA 
• TOTAL FRENCH OCT 
ARUBA 
NETHERLANDS AN TILES 
• TOTAL DUTCH OCT 
ANGUILLA 
CAYMAN ISLANDS 
FALKJLAND ISLANDS 
MONTSERRAT 
SAINTE HELENE 
TURKS & CAICOS 
VIRGIN ISLANDS 
• TOTAL BRITISH OCT 
REGIONAL ~OOPERA TION 
ALL COUNTRIES 
• TOTAL OCT 
• TOTAL ACP •  OCT 

I 

I 
I 

I 

I 
I 

85.6 
84.4 
96.31 
18.6 
83.5 
64  31 
81.6 
67.01 
27.8 
20.2 
23.5 
13.4 
8.5 
152.2 
16.1' 
68.1 
19.31 
33.41 
103.0 
57.5 
8801 
20.5 
30.2 
74.8 
101.0 
18.81 
57,1 
121.5 
137,1 
94,5 
81,9 
94,81 
6.1 
57.2 
107.3 
5,8 
68,4 
18.8 
160,2 
46.7 
125.3 
49.3 
72,5 
40.2 
98,2 
2901,3 
2.8 
2,3 
4.9 
2.6 
5.7 
5.41 
21.4 
28.0 
3.1 
5.1 
15.3 
6.6 
5.9 
109,1 
11,4 
6.1 
20.11 
12.9 
5.0 
1.5 
6,11 
87; 
71,7 
I 
718  31 
I 
6.01 
I 
I  3806,4 
I 
2.5 
5.5 
I 
3.7 
I 
2.o: 
1 
i 
0.3 
i 
2.3 
16,3 
I 
4.1 
1 
11.3 
15,4 
1.7 

I 

I 

I 

I 
l 
I 
I 
! 
! 
I 
! 

0.7 
1.5. 
1.4 
1.6 

8,9 
3.6 

I 
I 
I 

I 

I 

I 
I 
,  I 

85,6 
84.4 
96.3 
22.5 
93.41 
64.9 
81.6 
96.41 
35.51 
20.21 
23.51 
13.41 
8.51 
158.8 
23.4 
68.1 
19.3 
33.41 
107.8i 
78.51 
98.01 
20.5 
40 0 
86.0i 
106.01 
28.51 
57.11 
126.51 
137.1' 
99.1 
81.9 
104.5 
6,1 
62.1 
107,3 
5.8 
68.4 
23,5 
160.2 
49.1 
125.31 
177.0 
87.5 
68.7 
105.4 
3247,0 
3.8 
2.7 
7.9, 
3 31 
5.7 
54. 
21.4 
35,1 
3.1 
5.1 
15,8 
6.6 
5,9 
121,8 
16.3 
6,1 
30.5 
14.5 
5.01 
1.51 
6,1 
8.7 
88,7/ 

761,7 
6.0 
4225,2 
4.5 
7.81 
5.51 
3 01 
0.3 
3.2 
24,3 
5.7 
13.2 
18,9' 
1,7 
1,5 
0,7 
2.0 
1.41 
1,6 
1,5 
10,4 
3.6 

3.9 
9.9 

29.4 
7.7 

I 

6.6 
7.3 

4.8 
20.9 
10.01 
I 
9.81 
1121 
5.01 
9.7! 

5.0 

4.6 

9.7 

4.9 

4.7 

2.4 

127.7 
15.0 
28.5 
7,1 
345,7 
1,0 
0,3 
3.0 
0.7 

I 
: 

7.1 

0.5 

12,7 
4,9 

10.5r 
1.61 
! 
I 
I 

17,01 
I 
43.41 
I 
418,81 
201 
2.3 
1.81 
101 

0.9 
8,01 
1.6 
1.91 
3,51 

1.5 

0.5 

1,5 
3,51 
_l 

42.1 
3848 8 

15,01 

57,2 
433 8.  4282 4 

2.6 

3.2 

11.8 
10.8 

1.7 
3.2 

0.2 

0.1 

15.01 
I 
10.51 
1.31 
61,1 

1.1 
0.1' 
2.6 

5.4 

0.9 

0.6 
2.0 
12,6 
2.1 

4.6 

0.2 

7,0 

1.0 

81,7 

0,91 

0,9 
0.2 
0.6 
0,8 

0.5 

0,4 
0,9 

2,8 
843 

2.6 
0.1 

0.41 
0.4i 

1.8 

1.1 

I 
10.31 

2.3: 
1.41 
0.0 
1.8 

13.2 

I 

1.5 

13.3 
2.7 
0.2 
4.2 

3.8 

19.9 
1.3 

5.9 

0.6 
1.3 
2.1 
92,4 

1.8 

1,8 

0.61 

0,6i 
l 
I 

94,81 
I 
I 

13.7 
0.3 
0.4 
04: 
0.21 
0.6: 
1.2 
0.1J 

I 
0.21 

47.51 
0.1 

0.21 
0.1: 
1.1i 
0 9: 
0.41 
6.7 I 

0.3. 
4.1: 
0.1r 
07i 
0.8 
16.31 
0.41 
1.6: 
1,6 

0.41 
10.51 
0.1  I 
40.7 

0.11 
I 
2.5· 
1.11 
0.6 

I 

0.9 
156,61 

I 
I 
I 
I 
I 

0.1 
0 2' 
0.8: 
I 
I 

0.11 
0  1 I 
0  1 I 
1,41 
0,31 

I 
0 4: 
I 
I 
0.51 
0 21 
1,5' 
19 9' 
i 
I 

179,4 

I 

0.1 

I 
I 
I 
I 
0,11 
i 
I 
I 
I 
I 
I 
I 
I 
I 

I 

0.4' 
0,51 
1800 

948 

156 

. 

YEAR 1997 

I 

16th EDF BY INSTRUMENTAND BY STATE (MECU) 

Grant 

NIP 
Special 
I  Loan 

Total 

Interest  Energency 

I 

Subs1d1es 

Aid 

I 

2 1 Table 8 
I 

I 
!TOTAL 

State 

SAF 

I 
I 

l  Total 
I 
I 
I 
I 
I 
I 
I 
i 
I 
I 
I 

I 
1.91 
30 1 
0.0 
00 
0,61 
0.51 
0.01 
l 
0 Oi 
0.1 
0.01 
I 

I 
I 
NON NIP 
I  SYSMIN  I Transfer 
I ex  EDF  4 
I 
I 
I 
I 
I 
I 
I 
I 
I 
I 
I 
I 
I 
I 
I 

1; 
24 
00 
00 
0  4 
05 
00 

00 
0  1 
00 

0  1 

Risk 
Cap1tal  I 
I 
I 
l 
0.6! 
I 
I 
0.21 
I 
I 
I 
I 
I 
i 
I 
0.5! 
! 
.o 01 
! 

PAYMENTS 

State 

ANGOLA 
BEN IN 
BURKINA FASO 
!OTSWANA 
BURUNDI 
CENTRAL AFRICA REPUBLIC 
CHAD 
CAMEROON 
CONGO 
COMOROS 
CAPEVERDE 
OJIBOUTI 
EQUATORIAL GUINEA 
ETHIOPIA 
GABON 
GHANA 
GAMBIA 
GUINEA BISSAU 
GUINEA 
IVORY COAST 
KENYA 
LIBERIA 
LESOTHO 
MADAGASCAR 
MALAWI 
MAURITIUS 
MAURITANIA 
MALl 
MOZAMBIQUE 
NIGER 
RWANDA 
SENEGAL 
SEYCHELLES 
SIERRA LEONE 
SOMALIA 
SAO TOME & PRINCIPE 
SUDAN 
SWAZILAND 
TANZANIA 
TOGO 
UGANDA 
NIGERIA 
ZAMBIA 
ZIMBABWE 
ZAIRE 
• TOTAL AFRICA 
ANnGUA-BARBUOA 
BARBADOS 
BELIZE 
DOMINICA 
GRENADA 
GUYANA 
JAMAICA 
SURINAME 
TRINIDAD & TOBAGO 
• TOTAL CARIBBEAN 
FIJI 
KIRIBAn 
PAPUA-NEW  GUINEA 
SALOMON ISLANDS 
TONG A 
TUVALU 
VANUATU 
WESTERN SAMOA 
• TOTAL  PACIFIC 
ALL  COUNTRIES 
REGIONAL COOPERATION 
FINANCIAL & AOMINIS.  EXPENSES 
• TOTAL ACP 
MAYO TIE 
NEW CALEDONIA 
FRENCH POLYNESIA 
FRENCH ANTARnC TERRITORIES 
WALLIS & FUTUNA 
• TOTAL FRENCH  OCT 
ARUBA 
NETHERLANDS  ANTILES 
• TOTAL DUTCH OCT 
VIRGIN  ISLANDS 
• TOTAL  BRITISH OCT 
REGIONAL COOPERATION 
• TOTAL OCT 
• TOTAL ACP  + OCT 

I 
i 

I 
i 

I 

I 

I 

I 

I 

I 

I 
I 

I 
! 

! 
I 
I 

! 
I 

! 
I 
I 

I 
i 
I 
I 

I 

I 

I 

! 
I 
I 

I 

I 

I 

i 

I 

I 

I 
I 
: 

i 

I 
; 
: 

I 

2.6 
0.21 
6,3• 
0.51 
-0.01 
0.6 
3,5 
2,8 
1.31 
0.2! 
0,11 
0.01 
1.3 
8.81 
0.21 
·8.51 
0.21 
2.9i 
0 7 1 
0.7; 
0.31 
7.7 
0,3 
3.8 1 
11,1 
1.7 
0.6i 
2.0 
6.6! 
1,8 
0,3 
1,61 
0.01 
2,2 
11,6 
0,0 
0,01 
0,7 
0.5 
0,4 
0.5 
0.7 1 
0.8 
2.0 
5.5: 
104,3 
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•NOTE  No  oavments tor  Retuoee  A  and  ST ABEX  m 1997 

~.2• 

I 

8,0 

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3,91 

0.2 
10.7 

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) 

(c) 

In  all  tables  the  heading  "All  countries"  refers  to  projects  which  cover  a 
number of countries but are not financed by regional cooperation. 

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. 

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. 

"Decisions"  for  grants/NIP (annual  and aggregate totals)  includes  an  advance 
the  8th  EDF  to  finance  the  COl's  budgets.  Under 
of ECU  33.8  million  to 
"payments", the advance amounts to ECU 21.2 million. 

(f) 

(g) 

"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 

CUMULATIVE END 

YEAR 1997 

7th EDF RESULT BY STATE fMECUl 

NATIONAL INDICATIVE PROGRAMMES (MECU) 

NON NIP 

I 

I 

! 
I 

2 2 Table 1 
I 

TOTAL 

State 

ANGOLA 
BENIN 
BURKINA FASO 
BOTSWANA 
BURUNDI 
CENTRAL AFRICA REPUBLIC 
CHAD 
CAMEROON 
CONGO 
COMOROS 
CAPE VERDE 
OJIBOUTl 
EQUATORIAL GUINEA 
ERYTREA 
ETHIOPIA 
GABON 
GHANA 
GAMBIA 
GUINEA  BISSAU 
GUINEA 
IVORY COAST 
KENYA 
LIBERIA 
LESOTHO 
MADAGASCAR 
MALAWI 
MAURITlUS 
MAURITANIA 
MALl 
MOZAMBIQUE 
NAMIBIA 
NIGER 
RWANQA 
SENEGAL 
SEYCHELLES 
SIERRA LEONE 
SOMALIA 
SAO TOME & PRINCIPE 
SUDAN 
SWAZILAND 
TANZANIA 
TOGO 
UGANDA 
NIGERIA 
ZAMBIA 
ZIMBABWE 
ZAIRE 
• TOTAL AFRICA 
ANTlGUA-BARBUDA 
BARBADOS 
BELIZE 
BAHAMAS 
DOMINICAN  REPUBLIC 
DOMINICA 
GRENADA 
(IJYANA 
HAITl 
JAMAICA 
ST CHRISTOPHER  NEVIS 
SAINT A LUCIA 
SURINAME 
SINT VINCENT & GRENADINES 
TRINIDAD & TOBAGO 
'  TOTAL CARIBBEAN 
FIJI 
KIRIBATI 
PAPUA-NEW  GUINEA 
SALOMON ISLANDS 
TONG A 
TUVALU 
VANUATU 
WESTERN SAMOA 
'TOTAL PACIFIC 
ALL COUNTRIES 
REGIONAL COOPER A noN 
FINANCIAL & ADMINIS,  EXPENSES 
RESERVE 
'TOTAL ACP 
'TOTAL OCT 
'  TOTAL ACP  + OCT 

NIP 

Dec1s1ons 

Delegat, 

Payments 

Dec1s1ons 

MECU 

MECU  %NIP  Appropna  MECU  %NIP 

MECU  %NIP 
I 

Payments 
I 
MECU  %NIP 

Dec. 

Delegat,  Payments 

Appro_p_riat 

137.5 
138,7 
294,5 
90,9, 

136.1 
110,5! 
134,5 
407,1: 
48.0' 
35,51 
38,6' 
26.31 
14,8' 
41,1  i 
456.9l 
56,6! 
248.21 
34.2: 
59.0: 
288.3: 
489,0. 
237,1 
26.7 
96.1 
220.6; 
260,51 
50.2i 
188.21 
272,01 
270,5! 
108,31 
200,0 
181,7 
222.2 

7,4 1 
119,2! 
22.8 
17,51 
146.6 1 
45,51 
385,0i 
44,9 
385.7 
139,11 
312.9 
211,8 
149.51 

14.0% 
47,2% 
65,0% 
33.2% 
24,9% 
26,9% 
51,3% 
40.1% 
24.9% 
35.6% 
68,3% 
41,5%1 
4.7% 
28,3%1 
23.5% 
61.9% 
27,6%1 
72.3%! 
37,5% 
59,5% 
57,6% 
17,6% 
0,0% 
67,7% 
60,6% 
28,8% 
50,2% 
75,0% 
65,9% 
55,7% 
57,9% 
68.0% 
24.7% 
61,3% 
75,7% 
27.3% 

56,1% 
0,0%1 
52.0%1 
42,7% 
21.4% 
44,8% 
15,7% 
68,1% 
52.0% 
1,4% 
38,8%1 
14,3% 
47,5% 
99,6% 
63,1%1 
42,9%i 
15,4%1 
79.6%, 
68,3%1 
42,1%1 
55.2%1 
4,4% 
16.8%1 
36.2%1 
13.8% 
42.2%1 
46,6'41 
50.8%1 
46.1%1 
58.3% 
33,1%! 
5,9%i 
81,0%1 
75,6%1 
28.2%1 
48,3'.~1 
I 
44,0%1 
0,0%1 
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40,2'!.! 
39,7%1 
402%1 

26.7 

41,1 
46.9 
151,0 
59,5 
90,4 
35.6 
34,3 
297.2 
7,3 
14,7 
14,1 
8,2 
9,1 
13.7 

35,7% 
50,0% 
101,1% 
185.8% 
80,7% 
47,5% 
31,1% 
270.2% 
14,4% 
62.7% 
56.9%1 
41.3%L 
72,5%1 
24.9% 
337,3i  157,6% 
89.4% 
166 51  152.2% 
46,5% 
10.91 
59.5%1 
22.0 
166.5 
130,5%1 
377.31  337.5%1 
155.91  111,4% 
53.3% 
95,7% 
65.8% 
108.4% I 
66,8% 
187.5% 
73.2% 
59.3% 
116.9% 
41,2% 
62,6% 
78,1% 
38,1% 
55.1% 

26,7 
47,9 
87,7 
140,0 
22.7 
123,6 
115,7 
101,1 
58,4 
59,3 
73.9 
98,4 
2.1' 
46,0: 
22.8 
10,6 

17,51 

132.4%1 
146.61  103.2%! 
62,1%! 
226.11  122.2%i 
36.9% 
25,11 
143,7% 
234,6 
4.2% 
15.5 
182.8% 
202,3 
131,5% 
120.4 
42,91 
25.3% 
4153,9 
93,8%1 
0.9 
26.5% 
8.51  154.8% 
80 
89.1% 
210.2% 
9.2 
85,8% 1 
72.9 
35.41  644,1% 
16.81  258,3%1 
78,7%1 
25.81 
59.61 
52.9%1 
134.81  271,3%1 
89.2%1 
48,61  971.3%! 
9.2i 
33.9%: 
50.21  929.7%i 
30.5i  168,7%: 
137,7%1 
22.5%1 
130%1 
141,11  305.5%: 
52.5%1 
76,1%1 
6,0%i 
43,5% 
84.3% 
145,7% 

11,0! 
4,6: 
0,1 
3,3 
7.61 
173,41 
244.8 
137,3 1  11.6%i 
213.8%1 

512,8i 
5.0i 
0,8, 

2.2: 

6,4 

8.9i 
19 8! 
72.3! 

6.8! 
13 4 
13.9 1 
2.5i 
8 4: 
7,01 
276.2 
15 31 

39.5: 
45.4j 
116.5 
23.1 
48.0' 
30.5. 
32.0 
280,1 

34,3% 
48.3% 
78,1% 
72,0% 
42.8% 
40.7% 
29,0% 
254,6% 
13.3% 
56,9% 
56,1% 
12,6% 
67.2% 
12.7% 
129,1% 
51.2%1 
155  21  141.9% 
379% 
53.5% 
56,7% 
362.1!  323,9%1 
137,5 
98.2% 
50,3% 
25.1 
41,9 
83,8% 
61,7% 
82.2 
75.1%1 
97.01 
10,1 
29.7% 
67,1 
101,8%1 
56,6% 
89,4i 
86,7 
50,8% 
29,1 
58,1% 
50,8 
35,3% 
56,7% 
66,91 
58,5% 
73,71 
18,0% 
1.0 
36.0 
43.1% 
1.6i 
61,7%1 
4.9! 
40  6!.  26.6%1 
11,0 
39,2%1 
104.6% 
193.5 
34,6% 
23.51 
134,6% 
219.6 
14,4: 
3,9% 
194.81  176,0% 
102.4!  111.9% 
13,1% 
22.31 
74,5% 
3299,8: 
0,4 
10.4% 
45,8% 
2.51 
65,7%1 
5.91 
15.9% 
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39  9~ 
46.9% 
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15  8!  243,5% 
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15.71 
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55.6: 
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80,4%1 
1 s; 
58.1%1 
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11,7%1 
3 2' 
45.11  834.7% I 
19 Oi  104,8% 
87,3%1 
14.2%1 
13.0%1 
106 01  229.5%1 
37,7% I 
48,1%1 
2.3% 1 
37,3%1 
84,3% 
131,1!  110,2% 
I 
221.4 1 
56  2 i 
3.0 

7,91 
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2.81 
7,61 

325,0! 
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5228,6 
50,5 
5279.0 

84,9'1. 
51,8% 
84,4% 

I 
4036,5, 
27,41 
4063 91 

7608,1 
3,5 
12.11 
17,0 
13.5 
152.31 
40.7 
23.2! 
58,6 1 
163,5 
183,7 
47 
50.51 
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48.6• 
859,01 
19.3! 
6.21 
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10,91 
11,01 
271,41 
244,8: 
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115,0: 
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65  0%1  10318 51 

65,3 
106,9 
253 3 
76,9 
86,4 
101,0 
115,9 
349.2 
30,6 
26,3 
34,3 
18,81 
9.01 
36,1 
422.51 
44.0 
199,8 
27.6 
54,9 
172,4 
453,41 
201,0 
26.2 
92,3 
194,8 
184,1 
42.8 
133,41 
220,9 
220,5 
90,91 
169.91 
110 4 
207,6 
6.61 
69,0 
2.5 
15.31 
42.1 
37,1 
319.01 
42,11 
330,61 
83,5 
291.7 
189,61 
37,2 
6045,6 
1,4 
11,0 
17,01 
12.5 
118.1' 
33,8 
22.6 
47,3 
145,31 
88,7i 
2.51 
49,8i 
20.91 
52,41 
46,41 
669,51 
17.01 
4,8! 
172.4! 
18,41 
4,9! 
1,3 
9.8 
11,0 
239,61 
243,31 
862,31 
4.8i 

55.5 
89.6 
213,5 
33,7 
75.8 
50.7 
88,6 
324.2 
19,5 
21,8 
30,7 
10.8 
9.0 
22.5 
326.5 
33.8 
185,4 
25.9 
33,7 
148,3 
426,6 
162.1 
25.1 
75,7 
162.9 
134,3 
27.2 
116,5 
193,5 
181,7 
58.0 
148,6 
96,0 
150,8 
5,1 
58,8 
1,6 
9,4 
40,6 
25.6 
272,4 
38,1 
292.7 
71.6 
270.3 
150.0 
24,7 
5019,3 
0,9 
5.1 
14.9 
3,5 
76.3 
33,2 
21.0 
38.0 
102.9 
67,4 
1.6 
48.4 
12.9 
45,8 
26.6 
498,6 
14,3 
3,5 
133.0 
14,6 
3.2 
1,1 
8,6 
10,1 
188,6 
221,4 
577,9 
3.0 

8065,1 
89,6 
8154 7 

6508,9 
66,1 
6575 0 

115,0 
93.8 
149,3 
32,0 
112,0 
75,0 
110,3 
110,0 
51,0 
23,5 
24.7 
19,9 
12,51 
55,0 
214,01 
29.9 
109,4 
23.5 
37,0 
127,6 
111,8 
140.0 
50,0 
50,0 
133.2 
129.2 
34,0 
65.9 
158,0 
170,6 
500 
143,9 
118,0 
125.9 
54 
83,6 

96,4 
91,8 
143,6 
31,4 
45,7 
74,9 
100,3 
109,9 
40,6 
20.8 
24.5 
18.1 
5.8 
27,4 
119.6 
29,9 
81,7 
23,3 
37,0 
121,8 
111,7 
81,11 

48,2 
132,9 
120,4 
27.5 
64,6 
156,3 
169,4 
49,8 
140,7 
107,8 
123,9 
5,4 
73,2 

83,8% 
97,8% 
96,2% 
98,2% 
40,8% 
99,8% 
90,9% 
99,9% 
79,7% 
88,6% 
99,3% 
90,7% 
46.1% 
49,8% 
55,9% 
99,9% 
74,7% 
990% 
100,0% 
95.5%' 
99,9% 
58,0% 
0,0% 
96,4% 
99.8% 
93.2% 
80,9% 
98,1% 
98,9% 
99,3% 
99,6% 
97,8% 
91,4%1 
98,4% 
99,5% 
87,5%1 

6,9, 

28.0 
158,9 
19.81 
151,1 
123,61 
110,61 

106,5: 
3454,2 
2.5 
3,6 
9.01 
4,31 
79.4l 
5,3 
6,4: 
32.7 
104,0 
48.91 

86,7% 
0,0%1 
99,8% 
85,9% 
29.1% 
92.6%1 
33.9% 
99.9%1 
91,5!  100.0% 
62.7°A. 
78,0% 
72,6% 
65,5% 
99,8%t 
97,7% 
93,4% 
96.0% 
99  2% 
99.8% 
92,4% 
98.4%1 
2.51  1000%i 
39.6%1 
2.0 
83.0%1 
22.41 
94,2%1 
5,1: 
18,11  100.0%1 
93,0%1 
65,3% 
89.8% 
980% 
720%! 
92.7% 
100,0% 
100,0% 
38,4% 
82,3% 

346,2 
14.4 
5,4 
45,31 
15.11 
5.61 
1,3 
7,6 
3,51 
98,01 

8,0 
142,0 
26,1 
185,0 
68,0 
163,2 
365,0 
110,7 
91,5' 
170,01 
4426,4 
3.51 
5.5 
9.0 
4.4i 
85,01 
5.5! 
6,5: 
32.8 
112.5 
49,7; 
2.5: 
5.01 
27,0] 
5,4 
18.1 
372,41 
22.01 
6,01 
46.2 1 
20.9 1 
6 01 
1,31 
7,61 
9,0: 
119,0! 
I 
1186.9 
3,01 
48,41 

I 
I 

I 

i 

I 

I 

I 
I 

i 

I 

I 

24.3 
60.2 
120.0 
23,51 
30.3 
68.3 
83.0 
54.3 
23,8 
12.8 
20.4 
13,7 
0.6 
22.4 
93,4 
22,5 
36,6 
18.7 
33.9 
89,9 
81,3 
47,5 

45,8 
108,8 
58,0 
20,7 
56.5 
127,5 
122.1 
40,0 
117.2 
42,9 
113.6 
4,5 
30,8 

4,71 

19.7 
106,01 
18,4 
99,4 
68,8 
90.9 
72.5 
6.31 
2356,3 
0.6 
3.0 
9,0 
3.5 
56,31 
1,41 
5.81 
23.6 
86.8 
31,91 
0.31 
1.21 
16.3 
2.3 
16.2 
258,11 
12.1' 
4.0 
38,7! 
9 11 
0.5 
1,3 
7,0 
3,4 
76,0 

16,1 
44,3 
97.0 
10.6 
27,8 
20,2 
56 6 
44.1 
12.7 
8,4 
16,9 
8.3 
0,6 
15.5 
50,3 
18,5 
30.2 
17,0 
13.9 
76,01 
64.4 
24,6 

33,8 
80.7 
37,3 
17,1 
49,4 
104,1 
95,1 
29.0 
97,8 
29.2 
77,1 
4,1 
22.8 
I 
4.5 
I 
14.6 
79,0 
14.5 
73.1 
57.2 
75.4 
47,6 
2,4 
1719,5 
0.5 
2.6 
9,0 
2.8 
36,4 
0.81 
5.21 
22.4 
47,31 
27,51 
0,11 
0.81 
9.81 
0.7 
7.6: 
173,61 
11.2i 
2.8 
27.0 
6 91 
0,4i 
1.11 
5,7 
2.5 
57,51 

1073 61 
3,0 

90.5%1 
100,0% 

739.7 

521.81 

6156,0t  4974,9 
64,5 
5039,5 

97,51 
I  6253  51 

80,8% 
66,2% 
80  6% 

3430,2 
47,7 
34779 

2472,4 
38,7 
2511  1 

159 

160 

CUMULATIVE END 

YEAR 1997 

17th EDF BY INSTRUMENTAND BY STATE IMECUI 

I 

I 
NON NIP 
I STABEX I  SYSW.:~II  Transfer  1  SAF 

I 

I  Total 

1  Interest  Eneroenc  ! Refuoee 
Aid 
SubSidies! 
I 

Aid 

I 
28.5 
0.9 
08 

Risk 
Capital  I 
[ 
3.1; 
2.0' 
16  e· 
H• 
I 

DECISIONS 

Stale 

ANGOLA 
BENIN 
BURKINA FASO 
BOTSWANA 
BURUNDI 
CENTRAL AFRICA REPUBLIC 
CHAD 
CAMEROON 
CONGO 
COMOROS 
CAPEVERDE 
DJIBOUTI 
EQUATORIAL GUINEA 
ERYTREA 
ETHIOPIA 
GABON 
GHANA 
GAMBIA 
GUINEA BISSAU 
GUINEA 
IVORY COAST 
KENYA 
LIBERIA 
LESOTHO 
MADAGASCAR 
MALAWI 
MAURITIUS 
MAURITANIA 
MALl 
MOZAMBIQUE 
NAMIBIA 
NIGER 
RWANDA 
SENEGAL 
SEYCHELLES 
SIERRA LEONE 
SOMALIA 
SAD TOME & PRINCIPE 
SUDAN 
SWAZILAND 
TANZANIA 
TOGO 
UGANDA 
NIGERIA 
ZAMBIA 
ZIMBABWE 
ZAIRE 
•  TOTAl AFRICA 
ANTIGUA-BARBUDA 
BARBADOS 
BELIZE 
BAHAMAS 
DOMINICAN REPUBLIC 
DOMINICA 
GRENADA 
GUYANA 
HAITI 
JAMAICA 
ST CHRISTOPHER NEVIS 
SAINT A  LUCIA 
SURINAME 
SINT VINCENT &  GRENADINES 
TRINIDAD & TOBAGO 
•  TOTAL CARIBBEAN 
FIJI 
KIRIBATI 
PAPUA·NEW  GUINEA 
SALOMON ISLANDS 
TONGA 
TUVALU 
VANUATU 
WESTERN SAMOA 
• TOTAl PACIFIC 
ALL COUNTRIES 
REGIONAL COOPERA TICN 
FINANCIAL & AOMINIS.  EXPENSES. 
• TOTAl ACP 

MAYOTTE 
NEW CALEDONIA 
FRENCH  POLYNESIA 
ST·F'IERRE & MIQUELCN 
FRENCH ANTARTIC  TERRITORIES 
WALLIS & FUTUNA 
ALL COUNTRIES 
•  TOTAL FRENCH OCT 
ARUBA 
NETHERLANDS ANTILES 
•  TOTAL DUTCH OCT 
ANGUILLA 
CAYMAN ISLANDS 
FALKLAND ISLANDS 
MONTSERRAT 
SAINTE HELENE 
TURKS & CAICOS 
VIRGIN ISLANDS 
•  TOTAl BRITISH OCT 
REGIONAL COOPERATION 
ALL COUNTRIES 
•  TOTAl OCT 
• TOTAL ACP + OCT 

i  NIP 
I  Gnn! 

: 

! 
I 

I 

I 
I 
I 

I 
I 
I 

! 
! 

: 

I 

I 

I 

I 

I 

! 

! 

I 

I 
I 
I 

I 

I 

I 
I 

I 
I 
I 

I 

I 
i 

! 

I 
I 

I 

I 

I 

I 

I 
I 

I 
I 
I 

I 

I 

I 
! 

96.4 
9U! 
143.61 
31,4' 
45.71 
74  91 
100.3 
109,91 
40.61 
20 81 
~51 
18,11 
5.81 
27.41 
119.61 
29.91 
61.71 
23.3 1 
37.0 
121.8 
111.7 
61.1 

48.2. 
132.91 
120.4 
27.5, 
s•.s1 
156.3' 
169.4! 
49.6 
140.7 
107  6 
123.9 
s .• 
73.2 

6,9 

28,0 
158.9 
19.8 
151.1 
123.6 
110.61 
91,51 
106.51 
3454 21 
2,5• 
3.61 
9 0 1 
4.31 
79.41 
5.31 
6.4/ 
32.71 
104,01 
48 91 
2.51 
201 
22.41 
5. !I 
18.11 
346 21 
14.4. 
5.41 
45.31 
15.1' 
5.6· 
1.31 
7.6 
3 5: 
98 0 

1073.6: 
3.0• 
497491 

6.61 
9 0! 
4 71 
301 
O.Oi 
3.21 
I 
26 Si 
7.6' 
10 z: 
17 81 
2.71 
I 
I 
0.7' 
1 21 
3.91 
2,41 
10 91 
9.31 
I 
6451 
SOJ9  51 

17,91 

j_ 

2.0 
I 

2.4 
13.9 

3.3 
6.2 
11.0' 

1.3. 
I 

17.1' 
3.51 
5.0 

11.8 

2.3 

1,0 
10.0 

16.9 

1254 

7.2 
0,5 
8.6 
1.1 

0.9 

24.1 

2.31 

16.51 
61  5 
3.01 
I 
8.61 

1.01 

I 
I 
12 61 
18.41 
25.51 
I 
243 31 

0.9 
1.3 

I 
2 2' 
0.11 
1,01 
111 

1.2' 
0.6 

0.4 
22 

HI 

248 8 

173 

1,1 

0.2 
0,4 

0.71 
6.1 

1,3 

0,3 
1.5 
0.61 
9.3 
16,8 

1.7 
1,3 

1.4 
1,3 
5.7 
0,2 
0.5 
2•.s 
0,7 

10.2 

42,4 

2,6 
0.4 
1 4 
1,1 

0,6 
13,7 
195 7 
0,7 

I 

6.0 

0,1 

! 

6 Si 
1,0 

0,1  i 
I 

I 
0.3. 
1 4 
199.71 
I 
I 
4036: 
I 
0.51 
0.3' 
t 
I 
l 
0  11 
I 
0  81 
I 

I 

0,4, 
i 

04 

1,0 
22 
405 8 

I 

I 
: 

I 

I 

I 
; 

I 
! 
I 
I 
I 
I 
I 

I 
I 
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I 

: 
I 
l 
I 

I 
I 

I 

I 

39.11 
63,9. 
I 
12 Ol 
10,01 
19 61 
33.7! 
6.61 
6 61 
I 
4,1 i 
! 

76.4 
8,2 1 
67.2: 
6.2! 
9,61 
23.4i 
77  2 1 

I 

I 
21.6 1 
10 61 
52.41 
I 

24.6! 
61.51 
30.01 

22.4 
I 
32.5' 

12,0: 

2.1' 

103.4! 

46.71 

96,5 
36,0 

1058 2! 

I 

22.81 
2.2 
2.0i 
7.81 
17.0 
2.5i 
! 
I 
I 

I 
6.21 
60 SI 

I 
20,5 
I 
I 
I 
I 
I 
20 s: 
I 

6 01 
1145 1 t 
I 
: 
; 

i 
I 
I 

I 
I 

I 
I 

I 

I 
I 
l 

27.21 
33.71 

! 
I 
I 
I 
i 
I 
"'o, 
I 
I 
I 
80  2' 
i 

I 

I 

I 

; 

I ex  EDF  41 
I 
I 
3,41 
3.0 1 
3.91 
5.61 
7,0[ 
2.31 
3.41 
0.7: 
0 91 
0.3• 
0  ll 
0.7. 
I 
11  41 
1.5: 
11  9i 
0.11 
571 
6.41 
4.91 
42' 
7.5! 
3.3• 
6.01 
10.4i 
0.5• 
6  5 
8  4: 
I 

i 
I 

I 

58 01 
15.11 

40.0: 
31,11 
! 
I 

I 

0.21 
I 

I 
I 
I 
I 
0.1i 

I 
60.2! 
0.11 

359 9! 

I 

I 
23.0; 
I 
I 
o.o: 

70.1 

I 

I 
0 2: 
i 
i 
93 31 

I 

I 
I 
I 
I 

I 

I 
0  21 

I 
453 41 
I 

I 
2.51 

I 

I 
I 

2 51 

1 
I 
I 

I 
I 
I 
I 
I 
I 

5 31 
5.91 
u: 
0,1' 
3.61 
22.81 
0  O; 
0  31 
1.51 
961 
261 
2.9i 
2.01 
6 01 
7,61 
23.71 
225 (j 
0.21 
1.41 
3.51 
0.4! 
I 
I 
o.o: 
4  7' 

! 
33.1' 
0 21 
0.1  I 
7.8! 
0.11 
3.8: 
55,51 
1 01 
0.2! 
4.4 I 
0.71 
0.5/ 
0.0 1 
0.2! 
0.0: 
7,0 
11.5: 
58 5! 
0,41 
358 41 

I 
I 
3.61 
1.01 
0.0! 
I 
0.01 
0,11 
4 81 
0,31 
5.41 
s 7' 
0  2 1 

0.0 
0.0 
0,1' 
0  11 
0.1 
05 
0.5 

2 2 Table 3 

i 
I  TOTAL 
I 
I  State 

I 

41.1 
46 9' 
151.0. 
59.5: 
90.4• 
35 5' 
34). 
297.2 
7.3 
147' 
14.11 
a 2' 
9  1 
13  7' 
337.31 
25.7 
165  S1 
10  S' 
220 
156 5 
377 3' 
155  9 
25  7 
47  9 
87,7: 
140  0· 
22  7, 
123 6! 
1 15.7' 
1011' 
58  41 
59 3· 
73.9' 
S8,4. 
2.1' 
46.01 
22.6. 
10.61 
146.5· 
17.5i 
225.1: 
25.1 
234  6i 
15,5! 
202.3· 
120 41 
42.9· 
(153,91 
0 9! 
6.5' 
a o• 
9.2. 
72  91 
35  4' 
15 31 
25  8 
59 5: 
134  e· 
2 2' 
48  5 
9 2: 
50  2~ 
30  51 
512.8 
5.0 
03 
141  1 
11.0 
4.5 
0  1: 
33 
7 5 
17J,4 
244  8· 
1373· 
54 
5228,6' 

I 

I 

I 

I 

I 
I 

I 
I 
I 

! 
I 
I 

I 
l 
I 
I 
I 
I 

I 
I 
I 
I 
I 
; 
! 
1 
: 
I 
I 
I 
1 
I 
: 
! 
L 

137,5 
138,7 
294,5 
90.9 
136.1 
110,5 
134.5 
407.1 
48.0 
35,5 
38.6 
26.3 
14.6 
41  1 
•56.9 
56 6 
248.2 
34.2 
59 0 
268.3 
•83.0 
237.1 
26.7 
96.1 
220.6 
260.5 
50.2 
188.2 
272.0 
270,5 
108.3 
200.0 
181.7 
222.2 
7.4 
119.2 
22.6 
17.5 
146.6 
45.5 
385.0 
44.9 
365.7 
139.1 
312.9 
211.e 
149.5 
7608 1 
3.5 
12.1 
17,0 
13.5 
152.3 
40,7 
23.2 
58 6 
163.5 
163.7 
4,7 
50.5 
31.6 
55.3 
43 6 
859,0 
19.3 
6.2 
186.4 
26.0 
10.1 
1.4 
10.9 
11.0 
271  4 
244.8 
1210,8 
94 
! 
I  10203 s 

I 
I 
! 
I 
I 
l 
I 
I 
I 
1 

I 
I 
I 
' 

I 
I 
I 

i 
I 

I 
: 

I 

I 

I 

! 

I 

I 

I 

I 

I 

34' 
13.3. 
a 2 
00 
' 
0  1' 
0.1 
25  1 i 
0 3' 
13  9i 
U,J 
a 2 
1 3· 
57· 
0 6· 
0.1' 
0.11 
1.6. 
95 
0 S· 
1,0 1 
so  5, 
5279 Oi 

10,0 
22.3 
12.9 
3.0 
0.0 
3.3 
0,1 
51  7 
7,9 
24  2 
32,1 
2.9 
1.3 
5,7 
1.3 
u 
4.0 
4.0 
204 
9,8 
10 
115 0 
10318 s 

! 
: 
I 

I 

: 
i 
! 
I 

I 

I 
1 
i 
I 
! 
' 
I 
I 
I 

1 
I 
151 
19.3! 
I 
55.51 
18,41 
11,3i 
244 2! 

4,3] 
191 
I 
8.41 
I 
179.5: 
I 
50.61 
0,4! 
1.31 
! 
259.71 
84.81 

3.71 
55.5· 
16,8 
I 
15,1: 
0.91 
3.61 
: 
I 
•2.91 
35.2 
I 
11.2 

2.9 
103.8 

57.7 
22.01 
144.51 
I 
! 
391 I 
I 
1507 01 
I 
I 

I 
I 
I 
27  71 
12.31 
1 
32.51 
I 
I 
44.5i 
I 
45.11 
I 
162,1: 

0,6, 
64.61 
6 31 
2.0 
0.01 
3.1 
5.8 
104,5· 

' 
I 
17736 
I 

I 
I 
0.91 
I 
_l 
I 
I 
0 91 

5.1 

I 
I 

I 

9,5 

0.2' 
I 
0.2 1 
_!_ 
I 
I 
I 
_l_ 
0.6i 
I 
5.0i 
7,21 
1 
I 
I 
I 
1.31 
2.61 
0.91 
2.4 
I 
I 
14.31 
I 
0.11 
0.71 
27  21 
! 
0.1 i 
0.61 
1.4 
I 
0.8_1_ 
! 

0.1 

0.8 

1,2 
1.61 
5.51 
84 5L 
I 
I 
0,51 

I 
I 

I 
I 

l 

I 
0.5' 

1 a: 
I 

I 

I 

I 

i 
1 
I 
I 
85 5 1 
i 
L 
I 
I 
I 
_j_ 
I 
! 

I 
0.1' 

0.2 

I 
1 
0 ll 
j_ 
L 
0  3! 
85 8' 

I 

13 9 

30 
117 
25. 
I 

6 o: 
54.7• 
0.61 
17' 
43• 
52 
48.5. 
16.0 
45 e 

16.0 
13.7 
448 
5.1 
13.4· 
22.8· 
34 6 
6  4· 
I 

I 
19.0 
2.0, 
8.0 
I 
5.6· 
I 
16.01 
52.21 
I 
37.3 1 
2.51 
36,5 1 
18.3! 
I 
597 81 
I 

I 
3.5. 
I 

26.01 
5.51 
I  5· 
13.3• 
4.0' 
5.0: 
2.0' 
1.51 
0.71 
5.0' 
4.1: 
72.0 

i 

23.0 
z.o: 
I  01 
: 
i 
1 5· 
27  S· 
15.0 
53.2! 
: 
765 61 
! 
2.3 
6.0• 
5.0: 
: 
i 
I 

I 

13 9' 

7.5· 
7 S1 
I 
I 
I 
I 
I 
0.01 
1.11 
11[ 
I 
I 
22,51 
78811 

511 
I 
l 
6 01 
177961 

' 
I 
t 
_1,_5~ 
455 91 

161 

11  5 
369 9 

1145 1 

>YEAR  19971 
! 

NIP 
Grant 

! 

17th  EOF BY INSTRUMENT AND  BY STATE fMECUT; 

2 2 Table 4 

Interest  Energenc  Refugee 
Aid 

'Sl.tlsidies 

Aid 

NON  NIP 

Risk 

Capital 

SYSMIN  Transfer 
ex EDF 4 

SAF 

Total 

TOTAL 

State 

DECISIONS 

State 

ANGOLA 
BEN IN 
BURKJNA FASO 
BOTSWANA 
BURUNDI 
CENTRAL AFRICA REPUBLIC 
CHAD 
CAMEROON 
CONGO 
COMOROS 
CAPEVERDE 
DJIBOUTI 
EQUATORIAL GUINEA 
ERYTREA 
ETHIOPIA 
GABON 
GHANA 
GAMBIA 
GUINEA BISSAU 
GUINEA 
IVORY COAST 
KENYA 
LIBERIA 
LESOTHO 
MADAGASCAR 
MALAWI 
MAURITIUS 
MAURITANIA 
MALl 
MOZAMBIQUE 
NAMIBIA 
NIGER 
RWANDA 
SENEGAL 
SEYCHELLES 
SIERRA LEONE 
SOMALIA 
SAO TOME & PRINCIPE 
SUDAN 
SWAZILAND 
TANZANIA 
TOGO 
UGANDA 
NIGERIA 
ZAMBIA 
ZIMBABWE 
ZAIRE 
•  TOTAL AFRICA 
ANTIGUA-BARBUDA 
BARBADOS 
BELIZE 
BAHAMAS 
DOMINICAN REPUBLIC 
DOMINICA 
GRENADA 
GUYANA 
HAITI 
JAMAICA 
SAINT A LUCIA 
SURINAME 
SINT VINCENT & GRENAOINES 
TRINIDAD & TOBAGO 
•  TOTAL CARIBBEAN 
FIJI· 
KJRIBATI 
PA?IJA-NEW  GUINEA 
SALOMON ISLANDS 
TONGA 
TUVALU 
VANUATU 
WESTERN SAMOA 
•  TOTAL PACIFIC 
ALL COUNTRIES 
REGIONAL COOPERATION 
FINANCIAL & ADMINIS. EXPENSES 
•  TOTALACP 
MAYOTTE 
NEW CALEDONIA 
FRENCH POLYNESIA 
ST PIERRE & MIQUELON 
WALLIS & FUTUNA 
•  TOTAL FRENCH OCT 
NETHERLANDS AN TILES 
•  TOTAL DUTCH OCT 
ANGUILLA 
CAYMAN ISLANDS 
MONTSERRAT 
SAINTE HELENE 
TURKS & CAICOS 
•  TOTAL BRITISH OCT 
REGIONAL COOPERATION 
•  TOTALOCT 
• TOTAL ACP + OCT 

: 

: 
: 
I 
I 
: 
I 
I 
; 
I 

I 

I 

' 

I 

I 
I 
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I 
0.11 
0.61 
141 

0.8 

I 
0,1 i 

0.61 

1.2" 
1.81 
5.5; 

80  91 
I 
I 
I 
o.s: 

I 
I 
I 

I 
! 
I 
I 

0.5i 
I 

1 o: 

i 

I 

I 

I 

I 

I 

81  9 

I 
I 
I 

I 

I 
! 

0. 1' 

0  1 

I 
i 
I 
1 51 

19  3• 
i 
24.51 
18  21 
11  31 
244.21 
I 
4.31 
1 9j 

I 
1!.41 
I 
179 SI 
I 
50.61 
0.41 
1 31 
I 
269.7' 
64.81 
I 
3,71 

55.51 
15.61 
I 
16.11 
0  gl 
3,61 
I 
I 
41,61 
35,21 
I 
5.61 
I 

2.91 
I 
I 
57,71 
22.01 
142.9 1 
I 
I 
39.1  I 
I 

1363,71 

I 
! 
I 

27.71 
12.3: 
I 
32.51 
I 

44.5: 
I 
45.11 
l 
162,11 

0  6' 
79  51 
6.6i 
2 01 
0  0' 
Vi 
5  81 
97,5 I 
I 
I 
I 
1623.3: 
I 

3.1 
2.01 
16 8 
3.81 

13.1 

2.01 
11.71 
HI 
I 
8 OL 
5471 
0.61 
1.71 
4.31 
5.21 
48.5! 
16  0! 
45  8 

18  0 
13.71 
44.81 
5.1! 
13.41 
21,4 
34.61 
6,4 

I 
L 
19.01 
2.01 
8,01 
! 
5.61 
I 
16.01 
52.21 
I 
37.31 
2.51 
36,51 
16.31 
l 
594  71 
I 
I 
I 
3.51 
I 
26.0' 
2 Si 
1,51 
13 31 
4.0: 
5 01 
2.0: 
1 51 
07: 
5.01 
4  1; 

69  0 
I 

23 o· 
2 Ql 
1.01 

I 

I 
1.51 
275: 
15  o· 
53 2! 
I 
759  4' 
2.91 
6 o: 
5 01 

I 
I • 
I 
13 9• 

I 

7,5' 
7 5 I 

I 
I 
I 
I 
0.01 
1,11 
11 

I 
0  91 
I 
I 
I 
I 
0  91 

I 

I 

! 
I 
I 
5  11 

51 

I 
I 
.  6 Ol 
1629 Jl 

16J 

01 
82 0 

22  5 
781  9 

YEAR  19971 

7th EDF BY INSTRUMENTAND BY STATE fMECU} 

DELEGATED 
APPROPRIATIONS 
St1te 

NIP 
Grant 

I 

Interest  Energenc  Refugee 
Aid 
SubSidies 

Aid 

Risk 
Cap•tll 

ANGOLA 
BEN IN 
BURKJNA FASO 
BOTSWANA 
BURUNDI 
CENTRAL AFRICA REPUBLIC 
CHAD 
CAMEROON 
CONGO 
COMOROS 
CAPEVERDE 
DJISOUTI 
EQUATORIAL GUINEA 
ERYTREA 
ETHIOPIA 
GABON 
GHANA 
GAMBIA 
GUINEA BISSAU 
GUINEA 
IVORY COAST 
KENYA 
LIBERIA 
LESOTHO 
MADAGASCAR 
MALAWI 
MAURITIUS 
MAURITANIA 
MALl 
MOZAMBIQUE 
NAMIBIA 
NIGER 
RWANDA 
SENEGAL 
SEYCHELLES 
SIERRA LEONE 
SOMALIA 
SAO TOME & PRINCIPE 
SUDAN 
SWAZILAND 
TANZANIA 
TDGO 
UGANDA 
NIGERIA 
ZAMBIA 
ZIMBABWE 
ZAIRE 
• TOTAL AFRICA 
ANTIGUA-BARBUDA 
BARBADOS 
BELIZE 
DOMINICAN REPUBLIC 
DOMINICA 
GRENADA 
GUYANA 
HAITI 
JAMAICA 
SAINT A LUCIA 
SURINAME 
SINT VINCENT & GRENADINES 
TRINIDAD & TOBAGO 
• TOTAL CARIBBEAN 
FIJI 
KJRIBATI 
PAPUA·NEW  GUINEA 
SALOMON ISLANDS 
TONGA 
TWALU 
VANUATU 
WESTERN SAMOA 
• TOTAL PACIAC 
ALL COUNTRIES 
REGIONAL COOPERATION 
FINANCIAL & ADMINIS.  EXPENSES. 
"TOTALACP 
MAYOTTE 
NEW CALEDONIA 
FRENCH POLYNESIA 
ST PIERRE & MIQUELON 
WALLIS & FUTUNA 
• TOTAL FRENCH OCT 
ARUBA 
NETHERLANDS ANTILES 
• TOTAL DUTCH OCT 
ANGUILLA 
CAYMAN ISLANDS 
MONTSERRAT 
TURKS & CAICOS 
VIRGIN ISLANDS 
• TOTAL BRITISH OCT 
REGIONAL COOPERATION 
ALL COUNTRIES 
"TOTALOCT 
• TOTAL ACP •  OCT 

I 

I 

I 

6.2 
12.4. 
25.3: 
12,3 
-3.1' 
51.9. 
26.0. 
8.71 
0.7: 
1.51 
2.91 
2.6. 
0,1  i 
2.5 
44,8 
3.61 
4.9: 
1.4 
18.7 
16.8: 
5,7. 
18.21 

I 
10.2, 
33,61 
8.9! 
63 
3.01 
21.21 
20.91 
4.5 
27.3 
5.5 
4,7 
0.1 
3.9 

-0,4 

4.2 
24.3 
2.2 
18,5 
·3.9 
12.0 
5.2 
0.1 
476,7 

0.1 
0.01 
17.91 
0.1' 
0.3[ 
·1.11 
42.4 i 
3.31 
0.11 
1.91 
1.81 
10.51 
77,21 
0.9 
0 9: 
7.3! 
0.4: 
0.1 
0.3: 
1.0' 
0.4· 
11,2 

I 
143.41 
I 
708,51 
0.01 
0 41 
-0.11 
J 
0.1 i 
0,5: 
0.5. 
0.8i 
1,3) 
0.3: 
I 
0.1: 
0 51 
-0 01 
0,81 
2.21 
I 
4.81 
713  3' 

SAF 

so 

I 

00 
07 

: 

0.1 
00 
I 

1 6 

01 

2.9 
10  8' 
I 

! 
00 
5.7i 
46 
I 
63 
! 

I 

i 
0 s. 
I 
I 
I 
I 
8 4, 
I 
I 
I 
00; 
I 
I 
47.0 

-00 

-00. 
70 
I 
I 

I 

; 

I 
7.0 

1 8 

1.8 

1 4 
57.2 

Total 

TOTAL 

State 

i2 2 Table 6 
I 
I 
i 
! 
I 
-0.4 
-0.0 
10.7 
-0.2. 
-0  3 
0.3 
1.0 
0.3 
-0.1 
-0.1 
0.5 
0.2 
0.8 

I 
I 

~ 

5.8 
12,4 
36,0 
12.2 
·3.4 
52.2 
27.0 
9.0 
0.1 
1.4 
3.4 
2.8 
0.9 
2.5 
47.6 
8.0 
11.5 
1.4 
20.7 
17.0 
7.9 
23.5 
-0.1 
13.5 
48.3 
9,1 
6.1 
18.0 
21.4 
27.2 
12.3 
34.7 
5.8 
5.8 
0.2 
7.2 
·1.2 
-0,4 
·1.1 
4,9 
36.6 
2.5 
29.2 
-4,3 
14.1 
·0.7 
5.4 
595,2 
0.7 
0.1 
0.0 
27.2 
0.1 
2.0 
-1.5 
50.3 
7.9 
0.1 
3.0 
1.8 
8.3 
100,1 
0.9 
0,9 
7.4 
0.3 
0.1 
0.3 
1.0 
0.4 
11,3 
-1.5 
141.5 
1.4 
848,0 
0,0 
0,4 
-0,1 
0.0 
0.1 
0.5 
0.6 
-0.3 
0,3 
0.1 
0.7 
0.1 
0.5 
-0.0 
1,4 
2.2 
-0.0 
4,3 
852,3 

I 
2.8 
4.4 
66 

2.1  i 
0.2 
21' 
53. 
-0.1' 
3.3 
14  7' 
0.2 
-0.3! 
150· 
0 21 
6.3 
7.8' 
7 41 
03. 
1,11 
0.0 
33 
-1.2 
0.0 
-1.11 
0,7, 
12.3 
0.3:. 
10.7[-
-0.4> 
2.11·-
-5.9  : 
5.3'  -
118.5 c. 
0 7 j  -
.o.o: 
I 
9 3 1 

1.8 
-0.3: 
7.9 
4.6 
00 
1.1' 
i 
·2.21 
22.9 

0.2 
-01 
-00 
00 
00 
00 
0,1 
-1.5 
-1  g 
1 4 
139,5 
I 

: 
-00• 
00 
: 

0.0 
00 
-1.1 
-1.0 
-0:? 
07 

I 

0.5 

I 
I 
I 
I 
I 
I 

I 
I 

I 

I 

! 
I 

I 
I 
I 

I 
I 

I 

I 
I 

I 
I 
I 

I 
I 
I 
I 

I 
I 
I 
L 

! 
: 

I 

! 

57.2 

-0.0 
-0.5 
139.0 

-0.3 
-0.7 

0.9 

I 
I 

0.0 
0,7 

3.3 
-0.0. 

NON  NIP 
STABEX  SYSMIN  Transfer 
ex EDF  4 
I 
I 
-0.0 
1.8. 
1.0! 
-0 01 
0 3• 
0.3. 
0 31 
-0.1  I 
-01! 
-0.11 
0.11 
-0.01 
I 
1 21 
-0.0• 
6.6' 
I 
0.51 
0.2 1 
.001 
-0.11 
0.61 
0.41 
0.21 
0.2: 
I 
0.11 
-4.7 

I 
-0.0 

I 
14.2 

2.91 

0.9 

6.0 

0.6 

2.0 

I 

-0.4 

-0.0 

-0.3 

-0.4 
I 

I 

I 

-0,0 
·0.2 

0.3 

1,5 

0.01 

2.4 

-0.4 

I 

-0.3 

1,4 

-0.0 
-0.0 
-0.1 
-0.2 
-0.6 

0.8 

0.1 

-0.1 
·0.5 

1,6 

·1.1 

-0,0 

-0.1 
0,4 
0.7 

0.9 

2  1 

-0  1 i 

i 
I 

I 
3.0 1 

0.8 

0.1 

-0.0 
6,1 

I 
j 
-0.91 
-1.3\ 

10.0 

0.0 

0.6 

0.0 

3.8 

0,4 

6,81 

16,9 

I 

I 

1.8 

6,4 
0,4 

0.2 

0,1 

26,51 
I 

I 
9.31 

I 

0.8 
0.2 
0.3 
0.0 
0.71 
-1.21 

.o.o: 
0.7 

I 

0,3 
0.3 
-03 
2.1 
-0.7 
5.51 
17,21 
I 
-0.0 I 
I 
I 
I 
I 
-0.31 
I 
49 

0.0 

1.1 

-5.2 

-2,5 

-0.3 
0.0 

-3.4 
-3,7 

-17 

I 

I 

-1.7 

I 

u 

I 

-0.8 

-7,9 

1,2 

6.1 

I 
I 
I 

I 
I 
I 
I 
I 
I 
0 71 
I 
I 
! 
0,71 
I 
I 
0,71 
-7  21 

I 
i 
-001 
i 
I 

-0,01 

I 
-0,0 
8  11 

-0.0 
-0,0 
1 2 

i 
I 

I 

I 

I 

1.3 
6,9· 
I 

I 
0 0! 
-0  1; 
-0 o: 
0 0' 
-00· 
00 
-0,11 
-0.91 
-2.3. 

I 

20.9: 
I 
: 
-0.01 
oo: 
I 
0,0, 
0.01 
-1.11 
-1.01 
-0  21 
! 

I 
I 

-0,2: 
! 
I 
-1.2 ~ 
19 7 1 

1,81 

9,3 

I 
I 

I 

I 
I 
0.2 
I 
I 
36,01 
I 

I 

! 
I 
i 
I 
I 
I 

I 
I 
I 
I 
I 
I 

36,0 

I 

I 
I 
I 
I 

I 
I 
0 4) 
I 

7,21 

I 

00 

0,0 

18.7 

I 

L 
I 
! 

I 
I 
7 21 

18.7 

164 

CUMULATIVE ENO 

YEAR 1997' 
i 

PAYMENTS 

State 

NIP 
I  Grant 

I 

7th  EOF BY INSTRUMENT AND BY STATE IMECU) 

12  2 Table  7 

I 
NON NIP 
I STABEX I  SYSMIN  Transfer  I  SAF 

ex  EDF  4 

Risk 
Capital 

; 
l TOTAL 
j 
I  State 
I 
: 

ANGOLA 
BENIN 
BURKINA FASO 
BOTSWANA 
BURUNOI 
CENTRAL AFRICA REPUBLIC 
CHAD 
CAMEROON 
CONGO 
COMOROS 
CAPEVERDE 
OJIBOUTI 
EQUATORIAL GUINEA 
ERYTREA 
ETHIOPIA 
GABON 
GHANA 
GAMBIA 
GUINEA BISSAU 
GUINEA 
IVORY COAST 
KENYA 
LIBERIA 
LESOTHO 
MADAGASCAR 
MALAWI 
MAURITIUS 
MAURITANIA 
MAll 
MOZAMBIQUE 
NAMIBIA 
NIGER 
RWANDA 
SENEGAL 
SEYCHELLES 
SIERRA LEONE 
SOMALIA 
SAO TOME & PRINCIPE 
SUDAN 
SWAZILAND 
TANZANIA 
TOGO 
UGANDA 
NIGERIA 
ZAMBIA 
ZIMBABWE 
ZAIRE 
•  TOTAL AFRICA 
ANTIGUA-BARBUDA 
BARBADOS 
BELIZE 
BAHAMAS 
DOMINICAN REPUBLIC 
DOMINICA 
GRENADA 
GUYANA 
HAITI 
JAMAICA 
ST CHRISTOPHER  NEVIS 
SAINT A  LUCIA 
SUR I NAME 
SINT VINCENT & GRENADINES 
TRINIDAD & TOBAGO 
•  TOTAL CARIBBEAN 
FIJI 
KIRIBATI 
PAPUA·NEW  GUINEA 
SALOMON ISLANDS 
TONGA 
TUVALU 
VANUATU 
WESTERN SAMOA 
• TOTAL PACIFIC 
All COUNTRIES 
REGIONAL COOPERATION 
FINANCIAL &  ADMINIS.  EXP!:NSES. 
•  TOTALACP 
MAYO nE 
NEW CALEDONIA 
FRENCH POLYNESIA 
ST PIERRE & MIOUELON 
FRENCH ANTARTIC TERRITORIES 
WALLIS & FUTUNA 
•  TOTAL FRENCH OCT 
ARUBA 
NETHERLANDS AN TILES 
•  TOTAL DUTCH OCT 
ANGUILLA 
CAYMAN ISLANDS 
FALKLAND ISLANDS 
MONTSERRAT 
SAINTE HELENE 
TURKS & CAICOS 
VIRGIN ISLANDS 
•  TOTAL BRITISH OCT 
REGIONAL COOPERATION 
All COUNTRIES 
•  TOTALOCT 
•  TOTAL ACP  •  OCT 

I 

I 

I 
I 

I 

I 

I 
I 
I 

I 
I 
I 

I 

I 

! 

I 
i 
I 
I 
I 
' 

~ 

I 

I 
I 
I 

I 
I 
I 
! 
i 

I 

I 

I 
: 
I 
I 

' 
I 
I 
I 
I 
I 
I 

I 
I 
; 

I 
I 

I 

I 

16.1 
44.3 
97,0 
10.6 
21.e 
20.21 
56.6 
44,1 
12.7 
8,4 
16.9 
4.31 
0.6 
15.5 
50,3 
18.5 
30.2 
17.0 
13.9 
76.0 
64.4 
24.6 

33,81 
60.7 
37,3 
17.1 
49,4 
104.1 
95.1 
29.0 
97.8 
29.2 
77.1 
41 
22.8 

4.5 

14,6 
79.0 
14.5 
73.1 
57.2 
75.4 
47 6 
2,4 
1719 5 
0.5 
2.6 
9.0 
2.81 
36.41 
O.SI 
5.21 
224! 
473' 
27,51 
0.1 
0,8 
9.81 
0.71 
7.61 
173  6 
11.2• 
a 
27.0 
6.9 
0.4 
1,1 
5.71 
-2.51 
57  51 
I 
521.6: 

2472  41 
5.41 
7.51 
3.6 
3.0 
0,0 
2,1 
21  7 
4,3 
3.9 
82 
1,11 

0,0 
0.9 
0.4 
0.0 
31 
S.7 

I 

Aid 

Interest  i Eneroenc  Refuoee 
Aid 
SIA:I"dies 
I 
J 
I 
I 
11,01 
I 
i 

28.3 
0.9 
0.8 

17.1 

0.2 

9,2 

0.2 

0,3 

1,0 

0.2 
0.4 

0.7 
5.4. 

8.4 

1,3 

3.31 
6.21 
9.5' 
I 
1.3 
I 
1 
6.0! 
3.51 
S.OI 
I 

5.1 

I 

2.3 

0.3 
1.5 
06 
9.3 
16,5 

1.41 
1.3 

1,4 
1.0 
5.3 
0.2 
0.5 
24.4 
0.7 

0.51 

3.6! 
6.2 
I 
I 
I 
! 
1.3 
tsl 
0.61 
2.3' 
i 
! 
14  3t 

! 
0.71 
21,6 

I 
0.11 
0,6 
0.7 

8.8 

0.8 

I 

I 

I 

l 

I 
i 

i 
I 
i 
I 

0,11 
10.01 
I 
12.8 
J 
US' 
I 
2.01 
0.21 
0.51 
0.2 

18.7 

2.21 
I 

I 
10.91 
~81 
1,31 
I 

4 Si 

0.4' 

6 1' 
9.5' 
86 

143 7 

0,61 
0 81 
I 
! 
i 
1): 
011 
07_1 
0 81 

0.51 
0.61 

0,1 
t  2 

40.4 

2.8 
0.4 
1.4 
1,01 

0.6 
13.6 
189 6 
0,4 

4 0' 

0.1 

4,51 
1,01 
l 
0.11 

L 
I 
I 
I 
0.31 
1 41 
1S6.3 
I 
I 
393,7 
0.51 
0.31 

0.1 
08 

I 

I 

0.5 

1,11 
1.11 
4,5 
72  61 
I 

0.51 

i 
I 

o.s 

1 01 

I 

: 

I 
I 

I 
i 

I 
736[ 
I 
I 
I 

I 
I 

011 

4.& 
8.9 

I 

I 
I 

I 

I 
I 

I 
I 
I 
7.11 

0  2• 
I 

I 

6.1 
0.1 

20.41 
24  01 

I 
I 
0.21 

I 

I 
I 
I 
I 
i 
60.01 
0.11 
I 
131  81 
I 
I 
I 
I 
4.1' 
I 
I 
0.01 
I 
0.11 
I 
i 
0.21 
I 
I 
4,4, 
I 
I 

I 
I 

; 

I 

I 
I 

I 
1.9' 
1.3i 
7.1' 
2.51 
I 

0,6 
I 
2.0: 
11.71 
0.41 

2.71 
5.4 
0.6 
1.7: 
4.31 
4.6 
39,2 
6.0 
32.11 
I 
14.0• 
11.11 
16.9 
3.8 
12.4 
18.11 
26.21 
3 4. 

0  21 
0.91 
6.01 

10,5 
33,0 

27,6 
2.5 
31.7 
14.2 

I 

1.51 
19  3; 

245 
18.2 
11,3, 
24·42· 
I 

4.3 
1.9 
I 
8.41 
I 
179.SI 
i 
50.61 
0.41 
1.31 
I 
269.71 
64  a: 
! 

3.7 
55.5, 
16.6 

16.1 
0.9 
3.6: 
I 
I 

41.61 
35.2 

S.6 

2.9 

57.7 
22.0 
142 9 

39.1 

360  8 

1363 7 

I 
I 
I 
I 

27.7 
12.31 

32.S 

44.5 

45.1 

I 

162 11 
I 
0.61 
79.6i 
6.61 
2.0 
0.01 
27! 
s.a 
97  5 

I 
171 
I 

12.!1 
2.SI 
1 51 
5,4; 
4.0 1 
1.SI 
1.31 
0,6[ 
0.21 
I 
3.11 
~61 
I 
I 
0.3! 
0.61 
0.21 

I 

1.5 
271 
6.0: 
12.0: 

41811 
2.9 1 
s 0· 
3.51 
I 

11  41 
I 

162J 31 

136,1' 

o o· 

I 

0 01 
I 

I 

! 

I 

09 
i 

0 9 1 

5 11 
I 
I 
I 
I 
Stl 
I 

! 

39,1 
82.9 

3.9 
99 
19  Si 
33  6[ 
6 61 
6 51 
I 
1.1' 

77,41 
6.6 
87,1 

U1 
9,SI 
23.41 
73.9! 

21.61 
10 6, 
40.31 

24.51 
61.3! 
30.01 

22.4• 

'. 

32.5 

I 
11,6 
I 
2.01 
I 

L 
98.31 
I 
46,21 
! 
96,41 
30.01 

I 
1013 o: 
L 

I 

! 

I 
22.61 
2.11 
20i 
7.71 
15,1 i 
2.5: 
I 
I 
I 

I 

•. 1i 
S6J: 

I 

I 
19 0' 
I 

I 

I 

190 
I 
I 
26i 
1090 9 

I 

I 
I 
I 
I 

I 

2.51 
1,7 
0.41 
2.41 
2.3 
0.21 
1 4 
0.2· 
0.61 
0.1 
011 
! 
I 
241 
1.01 
6.2 
0.0 
4.2 
3.5 
1.6 
121 
6.3' 
1.31 
Hl 
7.4i 
0.3 
3.1 
2.3 

3.91 
0  2j 
2.11 
0.01 
0.91 
1 61 
0 01 
0.11 
0.51 
1.6i 
1.11 
0 61 
0.91 
S.6l 
3.71 
4.3' 
8361 
0.0 1 
0.5 
3.51 
0.2 

0,0 
2.61 
I 
17.21 
0 21 
0.1' 
2 31 
0 o: 
0 6' 
27  4! 
0.9: 
0 2• 
2.51 
0.5 
0.21 
I 
0.11 
0.01 
4,4: 
s.s· 
35.51 
0 41 
1 57,0! 
I 
0.71 
1.01 

0 0! 
1 7 
00 
2.21 
2 21 
I 
I 
0.0 
0 0[ 
0.01 
0.1 

I 

0  t 
0.4 

Total 

I 
I 
! 
I 
39.51 
45.4' 
116.5 
23.1' 
48.0 
30  51 
32.01 
280,11 
6.8 
13.4! 
13.91 
2.51 
8.41 
7.0: 
276.2: 
15.3: 
1S5  2' 
8.91 
19.61 
72.31 
362.1. 
137  5! 
25.1: 
41.9· 
822 
97,01 
10.1 
67.1! 
69  4· 
66.71 
29.1. 
so  6; 
66.9! 
73.7 
1.0, 
36.01 
1 Si 
4.91 
40.61 
11.0! 
193.51 
23.51 
219.61 
14.4 
194.61 
102.4! 
22.31 
3299  8' 

0.4 
2.51 
5 9 1 
0.71 
39  9: 
32.4: 
15.8• 
15  7' 
55.6• 
40.0 
1,51 
47.Si 
J  2! 
4S.11 
19 01 
J2S,O' 
3.1' 
0 6t 
106.0 
7.91 
2.9: 
0 o: 
23• 
75; 
1)1  1 
2214 
56  2' 
3.0 
40J6,S 
3.4· 
6 6 
6.1. 

I 
0  1' 
16  2' 
0.1' 
2.9i 
3 0• 
I 
06 
5.71 
O.Oi 
0.01 
0.1 
1 2 
76 
0 4' 
0,1 

I 

I 
I 

I 
I 
I 
I 
I 

•  i 

I 

I 
! 

I 

I 
1 
i 
I 

I 
I 
I 
: 
I 
I 
: 
I 
I 
I 
I 
I 
I 
I 
: 
I 
I 
I 

I 
: 
I 
I 

I 

I 
I 

~ 

I 

I 

I 

I 

I 
i 

I 

~ 

I 

I 
I 
! 
i 
: 
I 

ss s 
89.6 
213.S 
33.7 
75.8 
so  7 
88.6 
3242 
19.S 
21.8 
30.7 
10  8 
30 
225 
325.5 
338 
185.4 
2S.9 
33  7 
1433 
425  5 
162.1 
25  1 
75  7 
162.9 
134.3 
27  2 
11S  5 
193.5 
131  7 
5a.o 
148  5 
96  0 
150.3 
51 
sas 
1 6 
9.4 
40  5 
2S.6 
272.4 
36.1 
292.7 
71  5 
270.3 
150 0 
24  7 
5019,3 
09 
5.1 
143 
3 5 
76  3 
33  2 
21.0 
36  0 
102.9 
67.• 
1.6 
43  4 
12.9 
45  3 
25  6 
498.6 
143 
3 5 
133 0 
14 e 
3 2 
11 
as 
10  1 
188,6 
221  4 
577  3 
3 0 
6508.9 
ea 
141 
9 7 
30 
0.0 
2 2 
379 
4 4 
6 3 
11  2 
1.6 
os 
s 7 
00 
09 
0.4 
1 3 
10  7 
6.1 
01 
661 
657S 0 

Of 

1,1 
11 

317 
2511  t 

33 
1471 

I 

01 
0 ,. 

394  6 

0  t 
737 

12 S' 
430 6 

60 
1629 3 

00 
1361 

45 
161  5 

27  '· 
1090 9 1  4063' 

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 

(I) 

SAF 

Emergency aid 

0,00 

-0,05 

33,93 

33,73  (f) 

0,15 

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 

Sysmin 

0,00 

147,02  147,02  (g) 

20,43 

20,43  (b) 

0,15 

0,15 

Interest-rate subsidies 

0,00 

Risk capital 

1,88 

1 ,58  (c) 

0,30 

19,07 

19,07  (h) 

58,81 

58,81  m 

I Total 

112,101 

78,33 

19,98 

13,79 

426,011  390,14 

18,30 

17,57 

(1)  Grants, special loans,  unexpended balance of previous EDFs. 

1,49% 

1,04% 

0,18% 

4,13% 

_  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 

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 

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 

f)  Structural adjustment projects to remain open: 

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 

in the ACP States 

ANTIGUA AND BARBUDA 
BARBADOS 
BEN IN 
BURKINA FASO 
CAMEROON 
CAPE VERDE 
CHAD 
COMOROS 
CONGO 
DJIBOUTI 
ETHIOPIA 
GABON 
GHANA 
GUINEA 
GUINEA-BISSAU 
IVORY COAST 
MADAGASCAR 
MALAWI 
MALl 
MAURITANIA 
MAURITIUS 
NAMIBIA 
NIGER 
NIGERIA 
PAPUA NEW GUINEA 
RWANDA 
SAINT LUCIA 
SAINT VINCENT AND THE GRENADINES 
SAO TOME & PRINCIPE 
SENEGAL 
SEYCHELLES 
SURINAM 
TANZANIA 
TOGO 
TRINIDAD AND TOBAGO 
VANUATU 
ZAIRE 
ZAMBIA 
ZIMBABWE 
Other ACP (regional,  etc.) 

in the OCT 
Other (1) 
TOTAL 

Situation at 31.12.1996 

Annual change 

pre 1997 
2.391,3 

during 1997 
8.569,5 

10.960,8 

31,6 
32,1 
21,7 
85,9 
539,8. 

70,3 
20,9 
2,3 

33,2 
210,2 

868,0 

-109,6 

9,0 

33,8 
112,6 
2,9 
1,5 

43,7 

7,4 

8,2 
365,8 
201,9 

2.593,2 

0,8 
23,4 
580,0 
837,8 
343,1 
108,1 
352,3 
-0,1 
176,2 
-144,6 
17,9 
318,8 
189,2 
1.181,5 
106,0 
1.231,7 
275,1 
135,5 
187,0 
38,1 
-39,2 
158,0 
94,9 
12,3 
31,3 
20,5 
3,2 

112,2 
59,0 
7,8 
-18,9 
166,6 
4,8 
4,9 
6,2 
760,0 
74,1 
1.154,0 
167,3 
3.400,6 
12.137,4 

,, 

-

32,4 
55,5 
601,7 
923,7 
882,9 
108,1 
422,6 
20,8 
178,5 
-144,6 
17,9 
318,8 
222,4 
1.391,7 
106,0 
2.099,7 
275,1 
135,5 
187,0 
38,1 
-148,8 
158,0 
94,9 
21,3 
31,3 
20,5 
37,0 
112,6 
2,9 
113,7 
59,0 
7,8 
24,8 
166,6 
4,8 
12,3 
6,2 
760,0 
82,3 
1.519,8 
369,2 
3.400,6 
14.730,6 

33.841,41 

-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. 

(Amonts in  ECU  '000) 

December 31 
1997 

December 31 
1996 

8·.os2,1 

10.504,3 

STUDY AWARDS 

Commission Delegations 

BURKINA FASO 

CAMEROON 

CHAD 

COTE D'IVOIRE 

MALl 
NIGERIA 

RWANDA 

SENEGAL 

SWAZILAND 

TANZANIA 
UGANDA 
ZIMBABWE 

OTHER COMMISSION DELEGATIONS 

Member State agencies 
BELGIUM I AEC  * 
DENMARK I  UNDERVISNINGS MINISTERIET 

FRANCE I CIES 
GERMANY/COG 

IRELAND /IRISH COUNCIL 

ITALY /ICT 
ITALY I CONICS 
NETHERLANDS I NUFFIC 
PORTUGAL /INSTITUTO DA COOPERA<;AO  PORTUGUESA 

UK I BRITISH  COUNCIL 

5.165,0 

75,7 

187,9 

55,3 

2.132,1 

135,5 
248,1 

64,2 

334,8 

222,0 

720,8 
136,2 

340,3 

512,1 

4.318,3 

75,7 
97,0 

78,1 

1.453,3 

120,4 

248,1 

64,2 

300,2 

182,2 

659,5 
136,2 
381,2 

522,3 

2.887,1 

6.186,0 

46,8 

39,1 

775,7 

355,8 

6,5 

0,0 
22,7 
437,6 

520,4 

682,5 

131,6 

39,1 

823,6 

984,4 

28,2 

78,9 
22,7 

539,7 
1.020,2 

2.517,6 

TECHNICAL ASSISTANCE 

9.855,0 

9.108,4 

AEC * 

9.855,0 

9.108,4 

• 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. 

TOTAL 

17.907,1 

19.612,7 

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 
ACP 
OCT 
Special loans 
ACP 
OCT 
PROGRAMMABLE AID 
ACP 
OCT 
SYSMIN 
ACP 
OCT 
Aid for refugees 
ACP 
OCT 
Emergency aid 
ACP 
OCT 
NON-PROGRAMMABLE AID 
ACP 
OCT 
Unexp. balance 1st-5th EDFs 
ACP 
OCT 
TOTAL 
ACP 
OCT 

117,28 
115,46 
1,82 
10,23 
10,05 
0,18 
127,50 
125,51 
2,00 
6,47 
6,47 

1,21 
1,21 

1,45 
1,45 

9,13 
9,13 
0,00 
3,47 
3,47 
0,00 
140,11 
138,11 
2,00 

277,29 
272,17 
5,12 

277,29 
272,17 
5,12 
17,63 
17,63 

6,88 
6,88 

4,35 
4,35 

28,86 
28,86 
0,00 
30,31 
30,75 
-0,44 
336,47 
331,79 
4,68 

394,57 
387,63 
6,94 
10,23 
10,05 
0,18 
404,80 
397,68 
7,12 
24,10 
24,10 
0,00 
8,09 
8,09 
0,00 
5,79 
5,79 
0,00 
37,99 
37,99 
0,00 
33,79 
34,22 
-0,44 
476,57 
469,89 
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.