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Financial Management SRC and CCF Unite and deliver effective support for countries Nasser Shammout.

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Presentation on theme: "Financial Management SRC and CCF Unite and deliver effective support for countries Nasser Shammout."— Presentation transcript:

1 Financial Management SRC and CCF Unite and deliver effective support for countries Nasser Shammout

2 What is the Support to the RC fund? Comes from UNDPs core budget Fixed to $16 million per year Carries fund code 04500/donor code Covers basic RCO needs SRC

3 What is the Country Coordination Fund? Comes from donors, based on funding proposal submitted by DOCO in January Not fixed, variable CCF funds carry codes to / different donor codes respectively Supplements SRC and special country needs CCF

4 Total annual resources for coordination average about $40 million-$45 million.

5 Global expenditures of SRC and CCF funds are between $20-30 million yearly. Fiscal Year (US$)

6 2009 Allocations

7 Funding Process DOCO issues funding advance allocations – December RCAR Submissions (RCO)/Review (DOCO) – March/April Second/Final Allocation made – April/May Special considerations (3 rd allocations) – June onward

8 Country budget allocations are determined using the following criteria: 1)Coordination Officer (NOC/L3 level) 2)UNDAF Rollout 3)Expenditure rate of previous year 4)Work plan quality 5)# of Non-Resident Agencies 6)Multi-country coverage - Criteria will be reviewed in 2009 for 2010 onwards

9 Coordination funds can be used to support staff capacity and basic operating expenses.

10 Coordination funds can NOT be used for: SG or senior officials visits RC or UNCT travel (except for coordination purposes – e.g. UNCT retreats) Rent, premises maintenance, security plans

11 Coordination funds can NOT be used for: Equipment over $15k per year Hospitality Local surveys (DSA-, salary-, etc.)

12 Cost Recovery on Coordination Funding General Management Support (GMS) Implementation Support Services (ISS)

13 Useful Points on Coordination Funds Unused funds in a given year cannot be carried over into the year after UNDPs financial rules and regulations apply Expenditure rate is a criteria for future allocations Allocations come in form of Authorized Spending Limit (ASL) with specific fund/donor

14 Useful Points on Coordination Funds ASLs applied to local Atlas projects (using same fund/donor) Monitoring of expenditure & of correct use of fund/donor is important No financial reporting to DOCO required

15 Useful Atlas Reports for Monitoring

16 Guidance is on the UNDG website.

17 Focal point in DOCO on financial matters: Nasser Shammout Management Advisor Tel: (+1)


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