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 2012 amounted to US$ 83.6 million (2012: US$ 76.5 million).
ITC’s work is funded by the regular budget (RB) and
extra-budgetary (XB) funding, which includes programme
support costs (PSC). RB is approved biennially by the
United Nations General Assembly and the WTO General
Council. XB funds are accessed through the ITC Trust
Fund (ITF). PSC is earned via a charge to XB expenditure
and the budget is approved annually
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 extra-budgetary funds, are allocated: general (un-earmarked and soft-earmarked) funding under the ITC Trust Fund and earmarked contributions financing specific projects.
- ITC spent US$ 19.02 million under the un-earmarked and soft-earmarked component ITC Trust Fund last year. A major part of this spending was devoted to delivery of innovative technical assistance programmes, innovation in product development and maintenance and global public goods.
- Expenditure of earmarked extra-budgetary funds amounted to US$ 20.03 million in 2013. These are bilateral contributions for specific projects or programmes, often in specific countries.
Schedule of voluntary contributions received for technical cooperation projects as of December 2012 (US$)*
* Excludes contributions received under inter-organizational arrangements and revolving funds
To help ITC achieve more 'Trade impact for good', prospective donors should contact Ms. Zeynep Ozgen, Senior External Relations Officer at externalrelations [at] intracen.org , who will organize a meeting with ITC’s senior management.