text: He explained, however, that, in general, such estimates were based on two factors: experience of the place concerned, and information supplied by Governments or regional organizations or economic institutions which prepared forecasts and projections for the country or region in question. The inflation rates used in the budget were estimates, and any changes during the biennium would automatically be taken into account. 30. The CHAIRMAN said that, if there was no objection, he would take it that the Committee wished to endorse the conclusions and recommendations of the Committee for Programme and Co-ordination contained in paragraphs 270 and 271 of its report {A/38/38, Part I). 31. It was so decided. 12. The CHAIRMAN announced that a vote had been requested on the estimate for section 14. 33. Mr. ELIASHIV (Israel), speaking in explanation of vote before the vote, said that his delegation objected to the proposed appropriation for ECWA since that body had been established in flagrant violation of the principles of the Charter pertaining to the sovereign equality of States and the universality of the United Nations. From the very inception of ECWA, Israel, a State Member of the United Nations, situated within the geographical region of the Commission, had been deliberately excluded from membership in it. Moreover, the so-called Palestine Liberation Organization had been admitted as a full member of ECWA in gross violation of the rules governing membership in the regional commissions. Since then, ECWA had brazenly intensified its activities as a tool of Arab propaganda against Israel, abusing the name and emblem of the United Nations in the process. ; ... • A/C.5/38/SR.26 English Page 8 34. Mr. GARRIDO (Philippines) said that he was satisfied with the Controller's explanation regarding paragraphs 14.3 and 14.6 of the Advisory Committee's report. He would therefore vote in favour of the appropriation recommended by the Advisory Committee. 
analysis: The text appears to be discussing the budget of a United Nations agency, specifically the allocation of funds for a regional commission (ECWA). The language used is formal and technical, indicating a focus on administrative and financial matters. The issues raised by the Israeli delegation suggest a political dimension, but the primary concern is still the allocation of resources.