CGIAR 1989 Financial Report

Annual report issued by the CGIAR Secretariat to inform all participants in the System of developments in the financing of activities.The initial paragraph of the report summary follows: Total CGIAR contributions in 1989 were $271.8 million, $224.5 million for core / essential programs and $47.3 million for special / desirable programs. (Table 1) Core / essential contributions rose 6 percent over 1988 while special / desirable programs declined by an equal percentage. Predictably, the overall funding of the CGIAR was up only 4 percent compared with 8 percent in 1988. For the second year in a row exchange rates played an important role in the final funding outcome for the system. The US dollar continued to strengthen through the first ten months of 1989 thereby reducing the dollar equivalent of non-dollar contributions by $9.5 million or 10 percent.Supporting tables provide data for the period 1986-1989.