With close to two months remaining before the scheduled conclusion of the National Dialogue Conference (NDC), the fund which was created to facilitate the NDC and Yemen’s constitution-drafting process is $4.1 million short of its target budget amount.
Sponsored by the Yemeni Government and the United Nations, the Yemen National Dialogue and Constitutional Reform Trust Fund (YNDCRTF) was provided with a $23.1 million budget.
Among the wide variety of items covered by the YNDCRTF are Secretariat General employee salaries, conference general operating costs, and vehicle and travel costs.
In terms of the $19 million which is currently anticipated to be received for the YNDCRTF, $14.8 million has been officially committed and another $4 million is expected, thereby leaving the fund $4.1 million short of its total budgeted amount.
With regard to the portion of the YNDCRTF which has specifically been set aside for the National Dialogue Conference, $8.6 million of the budgeted amount of $15.1 million has so far been received. A further $6 million has been committed by donors. Meanwhile, 79.5% of the committed funds have been disbursed.
In related news, the NDC Secretariat General has released a resources and expenditures statement for the period running from March 18 to May 31, 2013.
The NDC Secretariat General was established in accordance with Republican Decree No. 5 for 2013 and tasked with organizing and guiding the conference’s financial, administrative and technical affairs.
According to the statement, from March 18 to May 31, the Secretariat General received about $11 million from the Yemeni ($6 million) and Saudi Arabian ($5million) governments.
Up until the present time, interest accrued in the Secretariat General’s bank account (at the International Bank of Yemen) has reached around $63 thousand.
The Secretariat General reported that from March 18 (the NDC’s start date) to May 31, out of financial resources totaling $11.08 million, actual expenditures totaled $3.93 million.