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CD5.R12: Emergency procurement revolving fund

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PAN

 

AMERICAN

 

HEALTH

 

ORGANIZATION

 

WORLD

 

HEALTH

 

ORGANIZATION

 

 

      

5th DIRECTING COUNCIL

 

3rd SESSION OF THE REGIONAL COMMITTEE

Washington D.C., 24 September - 3 October 1951

RESOLUTION

CD5.R12

STATUS OF THE WORKING CAPITAL FUND

THE 5th DIRECTING COUNCIL,

Considering that disasters such as earthquakes and hurricanes occurred in the Americas in the

months of May and August 1951, making it necessary for the Bureau to furnish emergency medical

supplies to safeguard the health of the inhabitants of the affected areas;

Considering that the Director of the Bureau, by virtue of the authority conferred upon him by

Resolution II of the Directing Council at its III Meeting, purchased supplies in the amounts of

$2,492.40 and $4,091.28, totaling $6,583.68;

Considering that it will be necessary to provide the sum of $6,583.68 to bring the Emergency

Procurement Revolving Fund to its authorized level of $50,000; and

Considering that the Bureau has no general unallocated funds from which the amount of $6,538.68

can be transferred to restore the fund to its authorized level,

(2)

1. [To take note of and approve] the expenditure of $6,538.68 made by the Director.

2. [To maintain] the Emergency Procurement Revolving Fund at the authorized level of $50,000 by

restoration of the amount expended.

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