STATEMENT DELIVERED BY MS. LYDIA GREYLING, ALTERNATE RESIDENT REPRESENTATIVE TO THE IAEA, PROGRAMME AND BUDGET COMMITTEE, 4 MAY 2015

Agenda item 2: The Agency’s Financial Statements for 2014 including the External Auditor’s Report

Chairperson,

My delegation associates itself with the statements delivered on behalf of the G77 and China and the African Group and would like to add a few comments in its national capacity.

Chairperson,

South Africa notes that the Extrabudgetary Fund (EBF) has continued increase reletave to the Regular Budget. My delegation is concerned that if this trend continues, the reliance on extrabudgetary resources will negatively impact on the resources provided by Member States to the Regular Budget. We view this also in the context of the reported decrease of the rate of collection of the assessed contributions for the fourth consecutive year in a row. Furthermore, extrabudgetary funds are subject to availability and cannot be allocated in advance as they require particular planning, management and reporting requirements and are usually earmarked for individual programmes, projects or activities.

In terms of the Implementation of Programme Support Costs (PSC), which is in line with the UN system framework, South Africa notes that in 2014, funds were allocated in accordance with a formula recommended by Office of Internal Oversight Services (OIOS), and actual expenditure amounted to €3.9 million in support of all Major Programmes. Recovering costs incurred in support of extrabudgetary projects makes an important contribution towards preventing additional burdens on the Regular Budget.

I thank you.

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