Regular Programme Contributions as at 31 January 2012

The percentage of assessed 2012 contributions paid to the Organization by Member Nations  in the first month of the year was 8.57 percent, a rate of receipt lower than that at the end of January 2011 (12.67 percent).

Based on Members’ past payment patterns, the Regular Programme cash level for the initial months of 2012 is expected to be sufficient to cover operational needs. At the same time,  as at 31 January 2012  prior years’ unpaid assessments amount  to some USD 59 million (consolidated) primarily due to non-receipt of contributions from the largest  contributor. Timely payment by Members of their assessments ensures that FAO meets the operating cash requirements for the Programme of Work without recourse to statutory reserves or to external borrowing.

Table 1 below shows the cumulative percentage rate of receipts of Regular Programme contributions by quarter over the past four years. 1^st quarter 2012 is as at 31 January 2012. The graph reflects actual percentage rate of receipts versus a hypothetical even rate of receipt of 25% per quarter (as represented by the red line).

Table 1: Cumulative Percentage Receipt of Current R.P. Assessments

Table 2: Cumulative Receipts of Current R.P. Assessments in 2012

Table 2 shows the total cumulative USD and Euro receipts each month in 2012, and the total annual amounts of assessed contributions billed to Member Nations