Encourages donor governments and others to make available their contributions towards the Unified Budget and Workplan for 2006-2007 as soon as possible, if they have not already done so.

Approves the Executive Director’s proposal to utilize US$ 20 million of the 2004– 2005 carried-over funds to cover the costs of additional investments in information technology and information gathering, and for strategic priority activities of the Global Joint Problem Solving Team, UNAIDS Technical Support Facilities and UN system support to scaling up towards universal access; and

Notes the opinions of the External Auditors that the financial statements included in the Financial Report for the 2004-2005 biennium accurately reflect UNAIDS accounts and the results of its operations and are consistent with Financial Regulations and Legislative Authority;

Noting with satisfaction the financial report and audited financial statements for the financial period 1 January 2004–31 December 2005 and the report of the external auditor, and taking note of the interim financial management information for the 2006–2007 biennium and the financial update as at 30 April 2006, the Programme Coordinating Board: