text: UNITED NATIONS •General AssemblyA Distr. GENERAL A/C.5/44/52 18December 1989 ORIGINAL: ENGLISH Forty-fourth ~ession FH'THCOMMITTEE Agenda item123 PROPOSED PROGRAMME BUDGET FORTHE BIENNIl~ 1990-1991 REVISED ESTIMATES: EFFECT OFCHANGES INRATES OFEXCHANGE ANDINFLATION 1.Inparagraph 31oftheIntroduction totheProposed Programme Budget forthe Biennium 1990,"1991 [A/44/6 (Introduction»), itwasindicated thatdevelopments in exchange rateswillbereviewed inordertoensurethatthefinalappropriations willbebasedonthelatestavailable rates. Thesehavebeenreviewed in conjunction withinflation r3tes. Inparagraph 30ofthestatemeht of administrative andfinancial implications (A/C.5/44/18) submitted totheFiftt Committee inrespect ofthereport oftheInternational CivilService Commiss~on (ICSC) (A/44/30) andoftheUnited Nations JointStaffPension Board(A/44/9) it wasalsoindicated thatthereldted additional costsorreductions forIhebienniurn 1990-1991 intherevised estimates wouldbepresented inthecontext ofthe recasting ofthe 1990-1~91 prograwne budget. 2. 1'.lt,~SOfEx~:hang~ ~Hl<;lprojected ratesofinflat.ion.Revised ratesofexchangl! are}lloposed onthebilsisoftheUnited Nations operational rateseffective at IDecember 1989. Withrespect toinflation. theprojected ratestakeintoaccount thosenxperienced todate. Thetablebelowshowsthe del~lls bydutystation: fill:1]]21 l:lqlh(In /... Digitized by Dag Hammarskjöld LibraryAlC.5/44/52 English Page2 .Rat.e:JQt.eKchamJe R~t~~Qf:.j,nn~UQn"1'.i;\, Initial Revised 1nltial Revised proposal proposal proposal proposal -_...._--._-..-...---_•... ~-_..._-_._.•..-...._-_.._.,.._-_..._._-....__.-. ~989_ 1990~1991. 19lJ919901Cl91 NewYork(USdollars) 4.5 4.5 5.50 4.<1 Geneva (francs) 1.44 1.61 2.2 2.2 3.30 2.9 Vienna (schillings) 12.00 12.60 2.3 2.3 3.20 2.8 TheHague(gui.lders) 1.95 2.02 1.0 1.0 0.85 O.B Bangkok (bahls) 25.50 25.90 4.6 4.6 6.84 b.l AddisAbaba(birr} 2.07 2.01 6.8 6.8 9.21 H.] Nairobi (shillings) 18.30 21.50 8.5 8.5 11.2510.0 Bayhdad (dinars) 0.31 0.31 8.0 8.0 9.66 13.6 Rome(lire) 1285.00 1320.00 5.0 5.0 5.71 !).1 Kingston (dollars) 5.46 6.50 10.0 10.0 12.00 10." Santiago (pesos) at 8.~)8.5 R.50 IL!; Mexico (pesos) ~I 10.0 10.0 10.0 10.0 PortofSpain($ITT) 4.25 4.25 5.5 5.5 11.00 9.11 UNRWA/UNICs/UNHCR andNamibia field dut.ystations ~I 4.5 4.5 5.50 4.9 UNTSO/UNMOGIP/FOS f),1 4.5 4.5 5.50 4.<) ~INeteffect ofcurrency andinflation. /... Digitized by Dag Hammarskjöld LibraryA/C.5/44/52 English Page3 3.Theproject.ed ratesofinflation have bee~applied tothelevelsofsalary costsbasedonexperience in1989asreported inthefinalperformance report for the1988-1989 biennium (A/C.5/44/35). Thisprovides amoreaccurate derivation of projected costsfor1990-1991 thanwouldbetheca6eiftherevised rateswere applied tothe1989rateswhichwereusedincalculating theresource base. 4.Thenewrateshavebeenapplied totheproposed programme budget asapproved bytheFifthCommittee initsfirstreading, andtoallrevised estimates and statements ofprogramme budget implications approved todate. Theeffectofthe
analysis: The text appears to be discussing the financial and economic aspects of the United Nations' operations, specifically the proposed programme budget for the biennium 1990-1991 and the impact of changes in exchange rates and inflation on the budget. The text includes tables and data on the projected rates of inflation and exchange rates, as well as the revised estimates and statements of programme budget implications. This suggests that the category should be related to economics and finance.