Item 8. Financial and administrative report Presenter: Cécile Carraz Key Messages The EuFMD Member Nations contribution report showed the contributions received for year 2022, highlighting no outstanding contribution from the previous years. The Financial Statement at 31-03-2022 showed a negative balance, stemming from staff commitment charged for the whole contract period and that will be covered from the yearly contributions by end of the year. The implementation of new FAO financial policies regulations led EuFMD raising single seedfunding and contribution agreements with partners. EuFMD is working to open a new Multidonor Trust Fund.
Summary CC presented the EuFMD Secretariat administrative summary and financial position of the Trust Funds (Appendix 9) operated by the Commission. The position of EuFMD Member Nations contribution report showed the contributions received for year 2022, highlighting no outstanding contribution from the previous years. Financial Statement at 31-03-2022 showed a negative balance, stemming from the staff commitment charged for the whole contract period and that will be covered from the yearly contributions by year end. The allocated budget covers core staff of the secretariat as endorsed by both the 44th General Session in April 2021 and Executive Committee meeting in October 2021; it is made up by FAO staff professional positions and key consultant roles to coordinate and manage the programme of activities, which includes the Three Pillars Workplan and projects funded by other partners. CC provided the financial report on the EuFMD Emergencies and Training Fund, for provision of Real-time and online training to non-EuFMD members and support to FAO Regional Offices, which indicates a cash balance of 75,620 USD. She mentioned that the implementation of new FAO financial policies regulations since 2021, led to EuFMD raising single seed-funding and contribution agreements with partners (e.g. Canada and Australia). EuFMD is working to open a new Multi-donor Trust Fund, by end of year 2023, for activities in line with the EuFMD Strategic Plan, including response to FMD emergencies or to support capacity-building programmes. The financial position of EU funded activities (Phase V: 2019-2023) was reported showing the level of expenditures by Pillar at 31-03-2022 after 30 months of activities, representing 62.5% of the programme implementation.
99.3 Executive Committee meeting of the EuFMD 11 April 2022
25
