Avoidance of Losses on Investments to Currency Fluctuations

A/RES/3528(XXX)View PDF

Who adopted this document and its mandates?

A Resolution of the General Assembly, published in 1976.

What subjects does this mandate have?

3 subjects

Currency Instability Investment Returns Pension Funds

What’s in this document?

3 operative paragraphs

Authorizes the Secretary-General to inform the account of the need to avoid losses due to currency Government of Austria that the United Nations is willfluctuations,

ing to consider its offer of the additional space re-

Taking into account that the Working Group on ferred to above; Currency Instability agreed that United Nations in-

Approves the suggestion of the Secretary-General vestments should be made in sound currencies, as stated that the accommodation of United Nations organizain paragraph 50 of the report of the Working Group,62 tions or units in the Donaupark centre in Vienna would facilitate the securing of premises with regard to the

Taking into account the contents of paragraph 29 of the report of the Secretary-Ge~eral on the investfuture needs of various organizations and services; ments of the United Nations Joint Staff Pension Fund,113

Expresses the opinion that, upon completion of the Donaupark centre and in so far as full use has been Requests the Secretary-General to ensure that, in made of all existing space at present headquarters, no making the investments of the United Nations Joint Staff Pension Fund, all possible care is taken to avoid additional office space should be acquired by the United Nations in New York or at Geneva until consideration losses due to currency fluctuations.

has been given first to the use of available space in

112A/9773.

FINAL BUDGET APPROPRIATIONS FOR THE FINANCIAL PERIOD 1974-1975

Who adopted this document and its mandates?

What subjects does this mandate have?

What’s in this document?

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