Voluntary donor contributions assist ITC in fulfilling its mission of assisting developing countries to achieve sustainable development through exports. Through donations, ITC’s bilateral development partners have made strong commitments to help poorer countries achieve the Millennium Development Goals through increased trade, and play a crucial role in promoting and financing trade strategies and programmes that will enhance the capacity of developing countries.
ITC’s budget
ITC’s consolidated budget in 2009 amounted to US$ 67.5 million, up from US$62.4 million the previous year. Regular budgetary payments from the United Nations and the World Trade Organization made up 48% of ITC’s funding last year; voluntary donor contributions provided the funding for the remaining US$ 34.6 million. The regular budgetary sources cover the running costs of the organization, including salaries, as well as general research and development on trade promotion and export development: market information, statistical services and published studies. Most of the technical assistance projects ITC delivers are dependent on extrabudgetary sources: voluntary contributions by donors.
Donor contributions
Voluntary contributions to ITC’s programmes and activities are provided chiefly by governments, both traditional donors and emerging donors who until not long ago may have been ITC beneficiary countries. There are two categories to which these contributions, or extrabudgetary funds, are allocated: general (unearmarked) funding under the ITC Trust Fund and earmarked contributions financing specific projects.
- ITC spent US$ 15 million under the unearmarked ITC Trust Fund last year. A major part of this spending was devoted to delivery of technical assistance programmes. The rest of the funds were spent on contractual services, training and operational expenses.
- Expenditure of earmarked extrabudgetary funds amounted to US$ 16.5 million in 2009, an increase of close to a third compared to the year before. This increase was attributed to the creation of the infrastructure to deliver large programmes.
2009 | 2010 donor contributions.
| Source of funds |
2009 (US$ '000)
|
2010 (US$ '000)
|
| One UN Projects |
115
|
1,072
|
| Mozambique |
70
|
190
|
| UNDP - Spain/MDGF Achievement Fund |
45
|
882
|
| GTF / ITC Trust Fund |
17,754
|
15,831
|
| Canada |
760
|
930
|
| Denmark |
2,633
|
2,297
|
| Finland |
2,158
|
2,177
|
| Germany |
2,721
|
2,535
|
| India |
70
|
-
|
| Ireland |
1,506
|
1,111
|
| New Zealand |
146
|
180
|
| Norway |
3,701
|
2,465
|
| Sweden |
4,209
|
4,248
|
| Other Trust Funds |
23,197
|
20,909
|
| African Management Services Co. (ATMS/AMSCO) |
-
|
217
|
| Australia |
261
|
-
|
| Brazil |
548
|
-
|
| Cambodia |
30
|
39
|
| Canada |
10,556
|
6,180
|
| China |
269
|
90
|
| Egypt |
130
|
-
|
| European Union |
2,992
|
5,937
|
| France |
-
|
131
|
| International Labour Organization (ILO) |
7
|
5
|
| Italy |
-
|
140
|
| Islamic Development Bank |
222
|
-
|
| Japan |
-
|
226
|
| Malaysian Herbal Corp. Sdn. Bhd. |
-
|
20
|
| Mali |
59
|
98
|
| Mexico |
40
|
-
|
| New Zealand |
-
|
415
|
| Netherlands |
3,970
|
-
|
| Oman Centre for Investment Promotion and Export Development (OCIPED) |
-
|
47
|
| Organisation internationale de la francophonie |
194
|
161
|
| Romania |
134
|
-
|
| South Africa |
-
|
136
|
| Spain |
216
|
-
|
| Sudan |
-
|
47
|
| Switzerland |
2,246
|
2,715
|
| UNIDO |
370
|
-
|
| United Kingdom |
-
|
3,465
|
| USA |
30
|
45
|
| World Bank |
900
|
740
|
| WTO |
23
|
55
|
| Associate Experts |
553
|
668
|
| Finland |
150
|
147
|
| France |
-
|
192
|
| Germany |
356
|
329
|
| Italy |
47
|
-
|
| Revolving Funds |
558
|
537
|
| UNDP |
641
|
643
|
| UNDP - IF |
986
|
752
|
| TOTAL |
43,804
|
40,412
|
To help ITC achieve more “Export impact for good” prospective donors should contact Mr. Robert Trocmé, Senior External Relations Officer, who will organise a meeting with ITC’s senior management.