Skip to content
Australian Government - Department of Foreign Affairs and Trade

Advancing the interests of Australia and Australians internationally

Australian Government - Department of Foreign Affairs and Trade

Advancing the interests of Australia and Australians internationally

Department of Foreign Affairs and Trade :: 2001-2002 Annual Report
Financials Appendixes Glossaries Search Options
spacer image
Contents Guide Overviews Performance Corporate

Previous | Next  

Administered items for Outcome 1

Page Contents

Contributions to international organisations

Export Finance and Insurance Corporation (EFIC) National Interest Account

Compensation for detriment caused by defective administration

Solomon Islands: International Peace Monitoring Team (IPMT)

Contributions to international organisations

Quality indicator

  • Efficiency and timeliness of administration of contributions paid in accordance with the requirements of relevant organisations.

Quantity indicator

  • Number of international organisations to which Australia contributes.

The department made payments totalling $68 265 317 to 19 international organisations, including the United Nations. Separately, we paid a total of $77 439 830 to UN peacekeeping operations.

All contributions to international organisations and UN peacekeeping operations were paid within the specified time frame bar one due to delays in receiving funding from the Advance to the Finance Minister.

Quantity information

In 2002-02, Australia contributed to 19 international organisations-including several UN affiliated organisations treated for reporting purposes as a single combined organisation, but not including individual UN peacekeeping operations or the International Peace Monitoring Team in Solomon Islands (see below). A complete listing of these international organisations is at Appendix 12 (Grants and Contributions).

| Top |

Export Finance and Insurance Corporation (EFIC) National Interest Account

Quality indicator

  • National interest payments and receipts managed in accordance with the national interest provisions of the Export Finance and Insurance Corporation Act 1991.

Quantity indicator

  • Value of exports supported on EFIC's National Interest Account; value of claims paid on National Interest Account business.

The department oversaw whole-of-government coordination of the EFIC National Interest Account transactions. This involved assessing the risks and benefits of proposed transactions. Demand for National Interest Account cover has continued to fall since 1999. This reduction reflects falling demand from exporters, fewer projects requiring support and the increased willingness of the private sector to cover transactions that have traditionally received National Interest Account support, particularly wheat sales. The few new export transactions supported by the National Interest Account comprised some continuing wheat sales. Further information may be obtained from EFIC's own annual report. National interest payments and receipts involving EFIC and the Commonwealth were managed efficiently by the department.

See sub-output 1.1.6 at page 75 for further detail on EFIC and export credit policy.

| Top |

Quantity information

Value of exports supported on EFIC's National Interest Account $40 633 263
[Note 1]
Value of claims paid on National Interest Account business $8 093 140

1. This figure, provided by EFIC, comprises exports supported by export finance and exports supported by credit insurance. The value of the NIA supported by the Commonwealth with respect to past and current debt of defaulted countries in relation to exports was-at 30 June 2002 foreign exchange rates-$67 175 022 (see Note 20 in the financial statements).

Compensation for detriment caused by defective administration

Quality indicator

  • Efficiency and timeliness of case management, where necessary.

Quantity indicator

  • Where necessary, number of cases successfully managed.

Five cases were lodged under the compensation scheme for detriment caused by defective administration. All these cases were approved, and paid for from departmental funds (see also Section 3-Corporate Management and Accountability-on page 204).

| Top |

Solomon Islands: International Peace Monitoring Team (IPMT)

Quality indicators

  • Satisfaction of portfolio ministers with effective use of resources allocated to monitoring activities.
  • Satisfaction of portfolio ministers with policy liaison and reporting on confidence building and monitoring activities in support of the indigenous Peace Monitoring Council.

Quantity indicator

  • Quantity of non-personnel resources provided in support of peace monitoring activities conducted by the IPMT.

Australia continued to play a significant role in bringing an end to the conflict in Solomon Islands through the work of the IPMT. The IPMT also helped the Solomon Islands Electoral Commission by providing logistical support in communications and transport, including air and sea transport, for the elections in December 2001. The IPMT completed its deployment to Solomon Islands in June 2002.

Mr Downer praised the work of the IPMT in a joint press release with his New Zealand counterpart, Mr Goff, on 25 June 2002, saying that its achievements had made an important contribution to building confidence in the community and to restoring peace in Solomon Islands.

The department's net expenditure in administered funds in 2001-02 for deployment of the IPMT and its associated operations was $4 413 000. New Zealand contributed an additional 28 per cent to the cost of deployment of the IPMT, and some Pacific island countries and the Commonwealth Secretariat provided limited financial support for monitoring personnel. Australia provided 72 government personnel for IPMT peace monitoring activities.

See sub-output 1.1.4 at page 60 for further details on the IPMT.

Quantity information

Quantity of non-personnel resources provided in support of peace monitoring activities conducted by the International Peace Monitoring Team.

$4 013 000

| Top |

| Contents | Guide | Overviews | Performance | Corporate |
| Financials | Appendixes | Glossaries | Search | Options |

Send us feedback.

Previous Topic: Output 1.4 Quality and quantity information
Next Topic: Outcome 2

Department of Foreign Affairs and Trade