justification in the report to support the proportional relationships recommended A/45/130/Add.l English Page 5 between the levels of working capital funds and of regular budgets, ACC believes, indeed, that differences in the experience of the various organizations as regards the rate and extent of collection of contributions would make any system-wide relationship between these levels impractical. An even more important objection to such a measure is that the long-standing financial situation of a number of organizations is characterised not only by late payment of contributions but also by failure to pay large amounts: in these circumstances working capital funds, whatever their relationship to the level of the regular budget, have proved to be insufficient. Accordingly, ACC views the first part of the recommendation with concern. 15. With regard to the second part of the recommendation, it is the case that the use of a number of working capital funds is restricted to financing budgetary expenditures pending the receipt of contributions. However, ACC sees no question of principle involved in such arrangements. It believes that the use of working capital funds in some organizations to meet unforeseen and extraordinary expenses reflects actual needs; it has indeed helped to reduce recourse, to supplementary budgets and has also enabled organizations to make smaller budgetary provisions for unforeseen expenditure than would otherwise have been required. In other organixations the possibility of using working capital funds for other specific purposes approved by governing bodies has proved to be indispensable in practice. Recommendation 7 16, This recommendation calls for the reduction and gradual elimination of reserve aCCounts and funds as organizations' financial viability is restored. Where absolutely necessary, supplementary budgets or, where ,this is not possible, a borrowing facility would be used in their place. Interest and other charges resulting from borrowing would be borne by those member States which have failed to 
**Analysis**
The text appears to be discussing financial management and budgeting within international organizations, specifically the use of working capital funds and reserve accounts. The language used is technical and focused on financial concepts, suggesting that the text is related to economic or financial management.

**Category**
Finance, Employment