The meeting of the Sub-Advisory Committee of Financial Affairs of the CIAT Executive Council was successfully completed. It took place from the 23rd to the 27th of January 2012 in the CIAT Executive Secretariat in Panama City.

Mr. David Peguero, Chief Financial Officer of the General Directorate of Internal Taxes of the Dominican Republic; Mrs. Irene Carrizo, Coordinator, Plans and Programs of the General Directorate of Revenues of the Ministry of Economy and Finance of Panama; and Mr. Galo Viteri, General Advisor of the Internal Revenue Service of Ecuador participated to the meeting.

The CIAT Executive Secretariat was represented by Mr. Socorro Velazquez, Planning and Institutional Development Director; Mrs. Xiomara Olivares de Tejada, Accounting and Finance Director; and Mrs. Julia Fontaine, Planning and Control Coordinator.

The final version of the financial statements audited as of June 30th, 2011, which were analyzed in the previous meeting, were reviewed. The 2011-2012 Budget and its execution until the month of December, 2011, were also examined. The review included the analysis of pertinent documents and their discussion with the Directors of the diverse programs.

Another important subject, the budget project revision for the period 2012-2013, was thoroughly discussed by the participants.

Sub-Advisory Committee of Financial Affairs of the CIAT Executive Council