SU/SSC > Trust Funds

GUIDELINES FOR TSUNAMI CONTRIBUTIONS
FROM DEVELOPING COUNTRIES

South-South Trust Fund (SSTF)

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1. Purpose

These guidelines aim at providing guidance to both contributing countries or companies and UNDP staff on the procedures for the receipt of contributions through the SSTF.

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For further information, please contact Yiping Zhou, Director, Special Unit for South-South Cooperation (formerly TCDC) (yiping.zhou@undp.org, 1-212-906-6392).

Contributions will help to meet needs and priorities identified by Tsunami affected countries. In the short-term, consideration will be given to the following areas:

• Restoring damaged housing:

• Rebuilding fisheries:

• Restoring critical minor infrastructure;

• Immediate employment:

• Recovery of livelihoods:

2. Overview:

• SU/SSC will work directly with contributors in the formulation and signature of the Memoranda of Understanding whenever earmarked contributions are received. SU/SSC will also make sure that earmarked agreements will be honored and reported during the implementation of the resources.

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• Contributions may be earmarked towards a specific country(ies) or towards other specific donors’ requirements.

• Contributions in amounts below $ 5,000 United States dollars can not be earmarked.

• All contributions will be acknowledged by the issuance of a regular Receipt Voucher and a letter from SU/SSC, including those in local currency paid directly to UNDP country offices.

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 3. Procedures:

Contributions through UNDP country offices

• Contributions may be received in both United States dollars and in local currencies handled by each country office.

• All financial accounts and statements will be expressed in United States dollars.

• The value of a contribution in currencies other than United States dollars shall be determined by applying the United Nations Operational Rate of Exchange (UNORE) in effect on the date of payment.

• For earmarked contributions, the country office should inform SU/SSC of the contributor’s details for the formulation and signature of the respective MoU.

Contributions through UNDP SU/SSC Headquarters:

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For additional information please contact:

Name: Mr. Yiping Zhou
Director, Special Unit for South-South Cooperation - UNDP
Street Address: 304 East 45th Street – New York, N.Y. 10017
Country: U.S.A
Phone no.: 1+212+906-6392
Alternate Phone no:
Fax no.: 1+212+906-6429
E-mail: yiping.zhou@undp.org