The PCB authorizes the Executive Director to make transfers between the Programme Areas that constitute the approved working budget (I, II and III) up to a level not exceeding 10% of the amount of Programme Area from which the transfer is made. Any transfer exceeding the 10% mentioned above is subject to the approval of the Chairperson and Vice-Chairperson of the PCB after consultation with the CCO. Any decision on transfers should take account of the need to avoid distortion in the overall 40:60 balance of allocation of resources between global and country activities. All such transfers shall be reflected in the financial report for the biennium.
- THE NGO DELEGATION
- PROGRAMME COORDINATING BOARD (PCB)