text: 3. The Secretary-General is not in a position at this stage to provide a precise estimate of the level and composition of the additional 1990-1991 requirements and the related programme budget implications of the draft resolution. The consultations within the Secretariat on that subject are still under way. A written statement of the programme budget implications of the draft resolution under consideration will therefore be submitted to the Economic and Social CouncjJ at its 1990 session at the time of its review of the decision of the Commission i11 accordance with rule 31 of the Rules of Procedure of the Economic and Social Council. It has been estimated at this point. however. that the requirements would be in the order of approximately $300.000 for each year of the 1990-1991 biennium. -56-4. With regard to activities proposed under other operative paragraphs of section III of the draft resolution, it is estimated by the Secretary-General that their implementation would not entail any costs over and above the provisions made under section 9 of the 1990-1991 programme budget. -57-Annex II AGENDA OF THE SIXTEENTH SESSION 1. Election of officers. 2. Adoption of the agenda and organization of work. 3. Recent developments related to transnational corporations and international economic relations. 4. Work related to the code of conduct on transnational corporations and other international arrangements and agreements: (a) Code of conduct on transnational corporations; (b) Other international, regional and bilateral arrangements and agreements related to transnational corporations. 5. International standards of accounting and reporting. 6. Transnational corporations in South Africa and Namibia: (a) Report and recommendations of the Panel of Eminent Persons established to conduct the second public hearings on the activities of transnational corporations in South Africa and Namibia; (b) Responsibilities of home countries with respect to the transnational 
analysis: The text appears to be discussing the financial implications and organizational aspects of a draft resolution related to transnational corporations. The language used is technical and focused on budgetary and programmatic aspects, suggesting that the topic is more administrative and economic in nature rather than related to specific sectors like agriculture or healthcare.