The Executive Board
1. Acknowledges the general deterioration in the security situation, requiring additional protective measures by UNFPA;
2. Endorses the proposal of the Executive Director to grant her exceptional authority during 2004-2005 to access up to 4 per cent of the approved gross 2004-2005 regular biennial support budget of $169.6 million as additional funding for security measures amounting to a maximum of $6.8 million;
3. Notes that an amount of up to $6.8 million will be recorded as a reserve, and utilization thereof will be disclosed in the financial statement and reported to the Executive Board in the annual financial review.
22 September 2004