This document presents an update of actual expenditures for the seven months to 31 July 2018 against the approved administrative budget. It is based on actual expenditures relating to activities of the Board, the independent accountability units and the Secretariat for the period of 1 January to 31 July 2018 and estimated expenditures for the Interim Trustee.

For the seven-month period of 1 January to 31 July 2018, total expenditures on the Board, the independent accountability units and the Secretariat as well as estimated expenditures for the services of the Interim Trustee amounted to USD 34.85 million, or 50 per cent, against a budget of USD 69 million.