During the reporting period, minority religious groups complained less than in the past about delayed disbursement of the granted funds.

In a goodwill gesture, the fund on Friday approved a delayed disbursement of $323 million to Argentina.

For 1997, Congress appropriated $385 million but delayed disbursement from the start of the fiscal year last October until July.

A controversy over speeding up payments to Holocaust victims has further delayed disbursement of money set aside to compensate some of them.

This is different from delayed disbursements, where payments are issued through a remote branch of a bank and customer is able to delay the payment due to increased float time.

The IMF delayed disbursement of the third tranche of Sri Lanka's $2.6 billion loan in March, saying it wanted to see the fiscal reforms in the budget first.

The delayed disbursement of funds in 2009 have been a source of concern amongst official, partners and civil society and have been a rallying point to action to minimise the risk of future delays.

Ecuadorean President Rafael Correa has complained another regional multilateral bank, the Inter-American Development Bank, has delayed disbursements of loans to monitor the OPEC nation's foreign debt policy.

The Greek "reforms" must be implemented, and their implementation supervised; inevitably lagging implementation will provoke calls for delayed disbursement of funds while debt restructuring will return to the agenda.Constant conflicts, with Germany at the centre, are preset.

Minority religious groups continued to complain that the Government delayed disbursement of the granted funds, since they did not have time to spend the funds for their intended purpose by the end of the calendar year, by which time any unspent funds must be returned to the state.

The local accounts shall be replenished by the Commission in the currency of one of the Member States or in Euro, based on estimates of future cash requirements, which shall be made sufficiently in advance to avoid the need for pre-financing by ACP States and to prevent delayed disbursements.