This version is DEPRECATED, v2.03 is the latest version
The monetary budgets assigned to a specific
iati-activity can be described in the IATI activity standard using the following:
Commitmenttype can be used to describe the total committed budget for the duration of the activity.
budget- the value of the
budgetfor each financial year, as stated in the original project document.
planned-disbursement- a scheduled payment, set up against the
Additionally, there are two areas within the IATI activity standard that allow further clarification of budgets:
country-budget-item- alignment of
iati-activitywith the functional and administrative classifications used in the
recipient-countryChart of Accounts.
capital-spend- the percentage of the total commitment that is for capital spending.
These all relate to the specific
iati-activity being described.
When using the IATI activity standard to declare budgets, the following should be considered:
It is recommended that budgets are presented in financial years.
When presenting multiple budgets, then the
budgetelement should be repeated accordingly.
It is expected that the financial years for
It is possible to report periods other than years, but this is not recommended.
Financial periods can be presented using the
planned-dibursementit is valid to only report the
period-startas a single date.
It is possible to report budget values in multiple currencies, overriding the default currency set in
It is expected that budgets would be described from the
When declaring a
value-datefor any budget, this date must be in the past.