637.TheCommittee recommended thattheGeneral Assembly shouldapprove the programme narrative ofsection 8oftheproposed programme budgetforthebiennium 1986-1987. Section 9.Transnational corporations 638.TheCommittee recommellded thatthequestion ofco-ordination oftheworkof theUnitedNations CentreonTransnational Corporations andthejointunitsbe givenpriority consideration bythecentre.640.wit shoulda budgetf 641.The subparag 642.The programm 1986-198 639.TheCommittee recommended thatthefollowing revisions bemadetosection 9: (a) priority.Programme element 1.2(Illicit payments) should beassigned lowest Inaddition, thetextoftheoutputshould berevised toreadasfollows:643.The P-3post /"Nofinaloutput: assistance tointergovernmental bodiesinformulating andadopting aninternational agreement onillicit payments, asrequired."J (b)Inprogramme element 1.3(International standards ofaccounting and reporting), thefollowing outputshould beadded: "(iii) Salespublication: reportoftheIntergovernmental Working Groupof Experts onInternational Standards ofAccounting andReporting (second quarter, 1986,secondquarter, 1987)"J (c)Thetextofoutput(ii)underprogramme element 1.4(Otherarrangements andagreements relating totransnational corporations attheinternational, regional andbilateral levels) should berevised toreadasfollows: "(ii)Salespublication: surveyoftrendsininternational, regional and bilateral arrangements andagreements relating totransnational corporations (firstquarter, 1986)". Theresources released through thereduction inthenumberofoutputs fromtwoto oneunderoutput(ii)ofthisprogramme element wouldberedeployed tothe preparation oftheadditional publication recommended underprogramme element 1.3J (d)Thedesignation oflowestpriority assigned toprogramme element 2.2 (Transnational corporations ininternational trade)should bedeletedJ (e)Thetitleofprogramme element 2.8should berevised toread:"Analysis ofthepolitical andsocialimpactoftransnational corporations", (f)Thedesignation oflowestpriority assigned toprogramme element 2.11 (Transnational corporations andindustrialization: activities andimpactof transnational corporations inselected manufacturing sectors) should bedeletedJ (g)Thedesignation oflowestpriority assigned toprogramme element 3.7 (COllection, storage andretrieval ofinformation) shauld bedeleted. -130- . !S 644.The (a) shoulde between Nations justific intheP (b) progra Substant highest (c) designat industri LimaDec programm output ( implemen (d) thatpro andprog develop recommen (Statist element transpor regional Co-opera640.withtheabovechanges, theCommittee recommended thattheGeneral Assembly shouldapprove theprogramme narrative ofsection 9oftheproposed programme budgetforthebiennium 1986-1987. Section 10.Economic Commission forEurope 641.TheCommittee expressed regretatthefailure bytheSecretariat toimplement subparagraph 3(d)ofEconomic andSocialCouncil resolution 1983/7of26May1983. 642.TheCommittee recommended thattheGeneral Assembly shouldapprove the programme narrative ofsection 10oftheproposed programme budgetforthebiennium 1986-1987. 643.TheCommittee couldnot,however, agreetotheestablishment ofthenew P-3postproposed inparagraph 10.55. Section 11.Economic andSocialCommission forAsiaandthePacific 644.TheCommittee madethefollowing recommendations withregardtosection 11: (a)'Executive direction andmanagement: TheCommittee recommended thatESCAP shouldexercise restraint onoverprogramming soastonarrowtheexisting widegap between programming andperformance andthusmaintain thediscipline oftheUnited Nations programme planning andbudgeting process. Doubtswereexpressed aboutthe justification fortheneedoftheSecretary-General toincrease thenumberofposts intheProfessional categorYi (b)Development issuesandpolicies: TheCommittee recommended that
**Analysis**
The text appears to be a report from a committee discussing the proposed programme budget for the biennium 1986-1987. The focus is on international organizations, specifically the United Nations Centre on Transnational Corporations, Economic Commission for Europe, and Economic and Social Commission for Asia and the Pacific. The committee is recommending changes to the programme narrative and budget allocation for these organizations. The topics discussed include illicit payments, international standards of accounting and reporting, transnational corporations, and development issues and policies.

**Category**
Economic development, International trade, Industry