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About the Facility
Assessing the Needs
Donor Commitments
Commitments and Deposits into the WB Iraq Trust Fund
Commitments and Deposits into the UNDG Iraq Trust Fund
Definitions
Donor Committee Meetings
UNDG Iraq Trust Fund
World Bank Iraq Trust Fund (WB ITF)
Procurement

Definitions


 

Donor Pledge

An amount indicated as a voluntary contribution by a donor.  (Pledges are not included in the financial statements.  Financial reports will report on legally-binding Donor Commitments and deposits to the UNDG ITF and the WB ITF.)

Donor Commitment

A legally-binding commitment of a contribution to IRFFI for a specific amount over a specific timeframe, formalized through a Letter of Agreement (UNDG ITF) or Administration Agreement (WB ITF).

Donor Deposits

Cash deposit received by the UNDG ITF or the WB ITF

Project Commitment

The amount for which legally-binding project contracts have been signed.

Allocation

UNDG ITF- Amount earmarked to a particular Cluster(s) and/or specific UN Participating Organization(s) to fund approved projects.
WB ITF - Amount designated  to be disbursed to a vendor or Iraqi line ministry for the actual costs of the goods received or services delivered.

Approved Project

UNDG ITF- A project that has been approved by the ISRB and the UNDG ITF Steering Committee for which a project document has been subsequently signed.
WB ITF - A project approved by the ISRB for which a legally-binding grant agreement has been negotiated and signed by the World Bank ITF and the Recipient.

Project Disbursement

The amount paid to a vendor or entity for goods received, work completed and/or services rendered.   (Does not include unliquidated obligations.)

Project Expenditure

UNDG ITF - Amount of project disbursements plus Unliquidated Obligations related to payments due for the year.

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