PROPOSAL TO ENHANCE FUND SUPPORT FOR LOW-INCOME COUNTRIES HIT BY PUBLIC HEALTH DISASTERS—TRANSFORMATION OF THE POST-CATASTROPHE DEBT RELIEF (PCDR) TRUST INTO THE CATASTROPHE CONTAINMENT AND RELIEF (CCR) TRUST AND LIQUIDATION OF THE MDRI-I TRUST

Part I - Transformation of the PCDR Trust

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Part II - Liquidation of the MDRI-I Trust and Transfer of the Remaining Balances to the CCR Trust

• 6. Pursuant to Section V, Paragraph 3 of the Instrument to Establish the Multilateral Debt Relief Initiative-I Trust (the “Trust”), annexed to Decision No. 13588-(05/99) MDRI, adopted November 23, 2005, as amended, the Fund, as Trustee of the MDRI-I Trust, decides to liquidate the MDRI-I Trust.

• 7. In accordance with paragraph 6 of Decision No. 13588-(05/99) MDRI, adopted November 23, 2005, effective January 5, 2006, the General Resources Account shall be reimbursed the equivalent of SDR 10,348 by the MDRI-I Trust in respect of the expenses of administering SDA resources in the MDRI-I Trust during FY 2015.

• 8. The SDA resources in the Trust, after discharge of all liabilities of the Trust and after the reimbursement set forth in paragraph 2 above, shall be transferred (through the Special Disbursement Account), to the General Account of the Catastrophe Containment and Relief Trust established pursuant to Decision No. 14649-(10/64), as amended. (SM/15/14, Sup. 5, 02/11/15)

Decision No. 15708-(15/12),

February 4, 2015

¹ Ed. Note: See p. 294.