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 Wednesday, October 06, 2010
Issue no. 2: PP-10 Highlights

ITU’s main sources of income are the contributions from its Member States, Sector Members and Associates, made under a free choice system. A key task for the Plenipotentiary Conference in Guadalajara is to approve ITU’s Financial Plan for 2012-2015, covering two biennial budget periods. Fundamental to the preparation of the Financial Plan is the determination in Swiss Francs of the contributory unit payable by Member States. At its annual session in April 2010, the Council fixed the provisional amount of the contributory unit at CHF 318 000 (or zero nominal growth) for the period 2012–2015.

Addressing the Plenary on Tuesday morning, ITU Secretary-General, proposed that the amount of the contributory unit should be fixed at CHF 318 000, maintaining a status quo. “I would like to ensure that we leave this Plenipotentiary Conference with a balanced financial Plan. The key to a robust financial Plan is a realistic revenue forecast,” Dr Touré stressed. I believe that we can here and now take the decision to set the definitive upper limit, in order to facilitate our ability to forecast revenue for the period 2012 – 2015,” Dr Touré added.

For full text, see: http://bit.ly/bMko5W