Table 1 Summary of adjustments to CO2 emissions and projections by Parties

A temperature adjusted base year (1990) was used in the projections however, emission inventory data were not adjusted.

Adjusting budgets...

The calculation of a revised budget includes two adjustments vis à vis the approved budget costing adjustments and volume adjustments.

The levels of planned programme expenditure will be continuously adjusted based on updated information about projected income.

This paper elaborates on the issue of adjustments to national greenhouse gas (GHG) inventories and projections, in particular to those related to temperature fluctuations. In preparing this paper, the secretariat compiled information on adjustments submitted by Parties in the first and second national communications in total, seven Parties provided unadjusted and adjusted data on GHG emission inventories and or projections.

(a) To prevent moral hazard behaviour of debtor countries, by imposing and monitoring adjustment programmes on those countries

As indicated in the proposed budget, if the projection of contributions proves to be inaccurate and the income projections for 2006 2007 are not realized by the beginning of the biennium, the budget will be adjusted (UNEP GC.23 8, para.

It made adjustments in accordance with the slotting schedule of 2005 and projected the total expected output for 2005 on a week by week and service by service basis.

(e) adoption or adjustment of the programme and budget

(e) adoption or adjustment of the programme and budget.

These differences are due to rounding, calibration of models, updating of inventories subsequent to the projections being developed, and the fact that some Parties did not include exactly the same sources in the projections as in the inventories.

The secretariat has therefore reworked its projections and estimated that it would be possible to pay all individual claims in full in 2006.

39. If, in the projections analysis, Parties carry out any adjustments to base year emissions, for example for climate variations or trade patterns in electricity, these adjustments should be reported in a transparent manner, with clear indications of the method followed.

ACABQ has suggested that annual budget revisions should take into account volume adjustments in addition to the current costing adjustments.

9. Decides further to create levels of discount to facilitate automatic, predictable movement between categories on the basis of the per capita gross national product of Member States

In those cases, a moderate rate of increase has been selected for projections, which reflect the general inflation rate after adjustments for exchange rate movements.

His delegation believed that the Secretary General apos s commitment authority in respect of peacekeeping operations would have to be adjusted to reflect predictable income level.

The differences between their 1990 inventory data and the adjusted figures used for projections ranged between less than 1 per cent for Sweden and 3.9 per cent for the Netherlands.

UNHCR therefore developed a set of financial management tools and practices, such as the continuous monitoring of funds available and timely adjustment of expenditures based on the projected levels of funds available.

We measured each one, we readjusted the model to what we measured, and then we led that to the current prototype.

(b) Adjustments to the approved 2004 2005 budgets to allow comparison

Adjustments prior to the manifestation of impacts based on the expectation of changes.

Increases in salaries reflect anticipated changes in post adjustment and some increase in staffing levels to handle peak activities associated with the projected demands of higher delivery levels.

During an economic expansion, such as in the 2002 2007 period, governments are tempted to forecast that the boom will continue indefinitely. Forecasts for tax revenue and budget surpluses are correspondingly optimistic and so hide the need for fiscal adjustment.

Based on the implementation of recommendation 7, it is proposed to adjust the methodology for budget adjustments in accordance with the recommendations of ACABQ (see recommendation 8 in para. 64 below). C. Performance report on the budget and programme

Accordingly, no cost adjustments have been applied to this part of the resource plan and the level of projected resources remains at the 2004 2005 level, namely 10.5 million.

The projections in the second national communication of Switzerland are based on temperature adjusted energy data using 1990 as a base year.

On enquiry, the Advisory Committee was informed that this adjustment in the estimates for air operations was made through lower projected use of flight hours.

Recommendation 7. The revised biennial budgets should be calculated by taking into account costing adjustments and volume adjustments.

The combined result of costing adjustments and volume adjustments align the budget with estimated expenditure, which is seen to address the concern expressed by ACABQ.

C. Introduction of volume adjustments in the Fund budget and the programme support cost budget 41 18

C. Introduction of volume adjustments in the Fund budget and the programme support cost budget

Upon enquiry, the Committee was informed that experience had shown these mechanisms for dealing with discrepancies between projected and actual income to be effective for making swift adjustments to the budget when needed.

The market had strongly expected adjustments to UK monetary policy.

A number of institutions predict that oil prices will rise sharply, achieving a three consecutive rises .

It is important to stress that, in preparing the table, no attempt was made to recalculate any of the liabilities as at 31 December 1997 other than to project them to 31 December 1998, using a 5 per cent adjustment.

Regional programmes, where relevant, must foresee the need for baseline surveys, and budget for them accordingly.

Indeed, in a new paper, co authored with Jesse Schreger, we show that eurozone members bias in official forecasts can be neatly characterized as responding to the SGP s 3 of GDP limit on budget deficits in 1999 2011 each time governments exceeded the limit, over optimistic forecasts followed. In other words, governments adjust their forecasts, not their policies.

The establishment of an outline includes two adjustments compared with the budget of the preceding period resource growth and recosting adjustments.

B. Monitoring of the costs of recent modifications of the two track feature of the pension

A comparison between the revised budget and expenditure will therefore not indicate whether the approved programme has been implemented. Rather, the comparison will indicate whether the volume adjustment approved prior to the end of the budget period correctly anticipated actual expenditure.

All mandated programmes must be monitored, adjusted if necessary, and fully implemented in accordance with the Regulations and Rules Governing Programme Planning, the Programme Aspects of the Budget, the Monitoring of Implementation and the Methods of Evaluation (PPBME).

21. As to the combined cash position projected for the end of the year, the overall picture is very clear.

It was indicated that, for New York, the increase in the post adjustment of 6.7 per cent has been partially anticipated by the rate of projected inflation applied to the proposed programme budget.