Document :

ITU-SG CL  Contribution  103

Title :

Contribution by India (Republic of) - Healthy and Balanced budget for the Union

Date :

2022-09-05

Source :

India (Republic of)

Destination Groups :

ADM

Meeting :

2022-03-21

Access :

Public Document

Abstract :

The document C22/63 has presented the draft financial plan of the Union for 2024-2027. It gave a preliminary analysis of the variances versus the 2020-2023 financial plan and the 2020-2021 and 2022-2023 budgets. It projected a balanced budget and amounts to CHF 639.85 million. Also, the Council Resolution 1405 provided for the biennial budget of the ITU for 2022-23.
The purpose of the draft financial plan for 2024-2027 is to provide a tool for the 2022 Plenipotentiary Conference to establish the basis for the budget of the Union and determine related financial limits, until the next plenipotentiary conference, after considering all relevant aspects of the work of the Union in the period concerned (Article 8, No. 51 of the Constitution).
The thrust is to frame a healthy budget which can seamlessly fund the various activities of the Union using the generated revenues and contributions from members. The lifeline of the Union is in managing the limited budget to bring in more efficiency and productivity to the activities of the Union. In this direction, a decision was already taken to link the strategic, financial and operational planning in ITU. In this regard, there is also a need to engage deeply with the techno-financial experts in this domain of Telecom/ICT especially from the Member States.
Based on the analysis of the ITU Budget for 2022-23 and draft financial plan for 2024-27, India has provided its appreciation to ITU and also some observations and suggestions to aid towards a healthy budget.