Authorizes theestablishment ofaReserve Fundforfieldoffice accommodation andstaffhousing inatotalmaximum amountof$22million, similar tothepractice currently beingfollowed byotherUnitedNations organizations. Ofthisamount, 75percent($16.5million) wouldbeearmarked forfieldoffice accommodations, relating mainlytoUNICEFparticipation incommonpremises withotherUnited Nations organizations. Thebalance of25percent($5.5million) wouldbeusedto acquire, ifnecessary, orrenovate existing housing forinternational staff assigned tofieldofficedutystations wheresuitable housing isnotavailable for rentorwhererentalratesareexorbitant. -47-1990/27. Mock-up ofrevised formatoftables andannexes Ontherecommendation oftheCommittee onAdministration andFinance, TheExecutive Board Approves thepresent mock-up asthebasistorevise theassociated tables and annexes forthenextbiennium budget proposal. 1990/28. Amendment tothefinancial regulation on revaluation policy Ontherecommendation oftheCommittee onAdministration andFinance, TheExecutive Board Decides toamendFinancial Regulation 4.10asfollows: "Regulation 4.10:Differences resulting fromthepayment of contributions pledged incurrencies otherthanUnitedStatesdollars shallberecorded against thesecontributions." 1990/29. Financial plan,1990-1993 Ontherecommendation oftheCommittee onAdministration andFinance, TheExecutive Board Approves themedium-term planasaframework ofprojections for1990-1993 (summarized intable7),including thepreparation ofupto$585million in programme expenditures fromgeneral resources tobesubmitted tothe1991Executive Board(shownintable6,item4).Thisamountissubject totheavailability of resources andtothecondition thatestimates ofincome andexpenditure madein thisplancontinue tobevalid. 1990/30. Financial reports Ontherecommendation oftheCommittee onAdministration andFinance, TheExecutive Board Notesthefollowing: (a)Thefinancial report andstatements forthebiennium ended 31December 1989(E/ICEF/1990/AB/L.7); (b)Review ofexpenditures inexcess ofcommitments andunspent commitments forcompleted projects financed bysupplementary funds(E/ICEF/1990/AB/L.10); (c)Report totheUnited Nations BoardofAuditors andtheAdvisory Committee onAdministrative andBudgetary Questions regarding Geneal Assembly resolution 44/183 (E/ICEF/1990/AB/L.14). -48-1990/31. UNICEFstaffing Ontherecommendation oftheCommittee onAdministration andFinance, TheExecutive Board Notesareport onthecomposition ofallinternational Professional corestaff bytitle,grade,dutystation andnationality (E/ICEF/1990/AB/L.2). 1990/32. Greeting CardOperation -1990workplan Ontherecommendation oftheCommittee onAdministration andFinance, A.Greeting cardandrelated operations (GCO)budgeted expenditures forthe1990season TheExecutive Board Decides that: (a)Forthefiscalyear1May1990to30April1991,budgeted expenditures be approved asdetailed intables3,4and5,andsummarized incolumn 11oftable7; (b)TheExecutive Director beauthorized: (i)Toincurexpenditures assummarized incolumn 11oftable7andto increase theexpenditures uptothelevelindicated incolumnIIIof table7,shouldapparent demandbefore andduringtheseasonnecessitate; accordingly, toreduceexpenditures belowthelevelindicated in column 11totheextentnecessary, shouldthedemanddecrease; (ii)Totransfer fundsbetween allotment accounts ifnecessary within the limits shownintable7; (iii) Tospendanadditional amount between Boardsessions whennecessary, owingtocurrency fluctuations, toensurethecontinuing operation ofGCO. B.Budgeted incomeforthe1990season TheExecutive Board Notesthatforthefiscalyear1May1990to30April1991,grossGCOincome isbudgeted asindicated incolumn 11oftable7. -49-C.GCOspecial operation account forspecial fund-raising events TheExecutive Board Approves thecreation ofaspecial operating account withalimitof $1million fromeventrevenues intheaccounts oftheGCO.Thisaccount istobe: (a)Governed byrulesdeveloped inco-operation withtheDivision of Financial Management inaccordance withtheUNICEFFinancial Regulations andRules Special Supplement -Greeting CardOperation (E/ICEF/FINANCIAL RULES/1/Add.1); (b)Usedonlywhenanticipated eventrevenues havenotbeenreceived intime