The World Heritage Committee,
1. Having considered the 2004-2005 budget of the World Heritage Fund, its estimated income and proposed expenditure;
2. Decides that the Contingency Reserve be consolidated into the budget as from 31 December 2003;
3. Approves a total expenditure of US$ 7,248,070 for the biennium 2004-2005 from the World Heritage Fund subject to the approval by the UNESCO General Conference of a budget totalling US$ 610 million for the same period;
4. Approves the corresponding budget attached in Tables 1 to 3;
5. Notes that the approved budget includes the following amounts for Regional Programmes:
(i) Arab States: US$ 80,000
Decision 27 COM 20B.1
(ii) Africa 2009: US$ 200,000
Decision 27 COM 20B.2
(iii) Africa 2004-2005: US$ 90,000
Decision 27 COM 20B.2
(iv) Asia 2003-2009: US$ 100,000
Decision 27 COM 20B.3
(v) Pacific 2009: US$ 100,000
Decision 27 COM 20B.4
(vi) Europe and North America: US$ 20,000
(to be proposed in 2005)
(vii) Latin America: US$ 100,000
(to be proposed in 2004)
(viii) Caribbean 4-14: US$ 70,000
Decision 27 COM 20B.5
Total US$ 760,000
6. Decides that the overall budget expenditure will be adjusted pro rata should a budget other than US$ 610 million be adopted by the UNESCO General Conference.