Financial Report of the Director and Report of the External Auditor. 1 January 2018 – 31 December 2018

ABSTRACT

In accordance with Financial Regulation 14.9 of the Pan American Health Organization (PAHO), I have the honor to present the Financial Report of the Pan American Health Organization for the financial reporting period 1 January 2018 through 31 December 2018. The Financial Statements and Notes to the Financial Statements have been prepared in compliance with International Public Sector Accounting Standards (IPSAS) and PAHO’s Financial Regulations and Financial Rules. Although PAHO has adopted an annual financial reporting period as stipulated in Financial Regulation 2.2, the budgetary period remains a biennium (Financial Regulation 2.1). Therefore, for the purposes of actual vs. budget comparisons in the Director’s Comments, the annual budget figures represent one half of the Biennial Program and Budget as an approximation of annual budgetary figures...During 2018, PAHO exercised its leadership, convening a catalyst role to improve the health of the peoples of the Americas in collaboration with Member States and partners. The Organization continued to provide direct technical cooperation, mobilize resources, strengthen partnerships and networks, build capacity, generate and provide evidence, and advocate for the necessary actions to continue to make progress on the priorities of the PAHO Strategic Plan 2014‐2019 and the 2030 Agenda for Sustainable Development...