The financial position in 1987 and 1988

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• Notes
  Mr ATHANE reported that at the end of 1986 and the beginning of 1987 OIML had been in a difficult financial position because seventeen Member States had not paid their subscriptions for 1986, so that it had had to make extensive use of its reserve fund to meet its expenses and had had to restrict the latter as much as possible to the bare essentials. In the course of 1987 the position had improved, a large part of the arrears having been paid and also many States having paid their subscriptions for 1987 promptly.