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The work of the secretariat
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04-01-2010, 04:39 AM
Post: #1
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The work of the secretariat
The work of the secretariat is financed from the OECD's annual budget, currently around USD $510 million (EUR 342.9 million). The budget is funded by the member countries based on a formula related to the size of each member's gross national product.[15] The largest contributor is the United States, which contributes about one quarter of the budget, followed by Japan with 16%, Germany with 9% and the U.K. and France with 7%. The OECD governing council sets the budget and scope of work on a two-yearly basis.'''
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