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Decision IV/21: Temporary difficulties encountered by Hungary, Bulgaria and Poland

The Fourth Meeting of the Parties decided in Dec. IV/21:

  1. to note the formal request that Hungary, Bulgaria and Poland have made for guidance because of the temporary difficulties they may face in making 1991, 1992 and 1993 contributions in convertible currency to the Multilateral Fund;
  2. to encourage such Parties, with the assistance of the Executive Committee and the Fund Secretariat, urgently to make every effort to explore and identify possible ways and means of making contributions in kind;
  3. to encourage those Parties, and other Parties not operating under paragraph 1 of Article 5 of the Protocol to consider possibilities for addressing the situation in case it is not possible for such contributions to be made in kind;
  4. to request the Executive Committee to report on this matter to the Fifth Meeting of the Parties.