Document :

ITU-SG CWGFHR17  Contribution  16

Title :

Multi-country contribution - Proposed amendments to the Financial Regulations and Financial Rules - Edition 2018

Date :

2024-01-12

Source :

Russian Federation , Armenia , Belarus , Kyrgyzstan , Tajikistan

Meeting :

2024-01-24

Access :

Public Document

Abstract :

As it is generally known, the difference between Financial Regulations and Financial Rules is that the former are issued by the governing bodies (the ITU Council) while the latter are established and promulgated by the Secretary-General. In this view it is suggested to maintain Article 1 - Management and control of the finances of the Union fully within the Financial Regulations to ensure due accountability and to safeguard a Member State-led process in key aspects of ITU financial management.