Common use of CURRENT FINANCIAL SITUATION Clause in Contracts

CURRENT FINANCIAL SITUATION. The current forecast shows decreased revenue and increased expenses, leading to a increase in the ex- pected deficit for 2007 from the US$ 55,595 forecast in Document MOP-17-06 to US$ 108,749.

CURRENT FINANCIAL SITUATION. The current forecast shows decreased increased revenue and increased decreased expenses, leading to a increase decrease in the ex- pected deficit for 2007 2008 from the US$ 55,595 152,163 forecast in Document MOP-17MOP-19-06 to US$ 108,7493,379. The expected deficit has been reduced from the June forecast mainly by reducing the budgeted salary increases for observers and by cancelling planned observer training sessions.