EU Statement on Agenda item 2: The Agency's Financial Statements for 2025

EU Statement on Agenda item 2: The Agency's Financial Statements for 2025, including the report of the External Auditor
Programme and Budget Committee - Board of Governors
International Atomic Energy Agency (IAEA)
Vienna, 4-5 May 2026

Chair,
I have the honour to speak on behalf of the European Union and its Member States. Albania, Armenia, Bosnia and Herzegovina, Iceland, Montenegro, North Macedonia, Norway, Republic of Moldova, Serbia, and Ukraine align themselves with this statement.
We take note of the Director General’s report on the financial statements of the Agency. We thank the External Auditor, the Comptroller and Auditor General of India, for the audits of the IAEA’s Financial Statements for 2025.
We welcome the fact that an unqualified opinion has been given on the Agency’s accounts, which is testament to good management practices. We thank the Auditor for the financial and performance audit recommendations and note that the Secretariat agrees with them all.
We appreciate the Agency’s continued efforts to focus on the effective implementation of its programmatic activities, despite persistent challenges in the global economic environment. In this regard, we commend the Secretariat on the Regular Budget Fund’s utilisation rate of 99.8% in 2025, 1.6 percentage points higher than in 2024.
We are reassured by the fact that the overall financial health of the Agency is stable. However, we express strong concern over the significant and unprecedented increase of the total outstanding Regular Budget contributions. €124.2 million, representing nearly one third of the total Regular Budget assessment for 2025, is still outstanding.
To avoid a serious liquidity risk to the organisation and ensure that the Agency has the means to carry out all its core functions, it is essential that each Member State, regardless of its scale of assessment, meet its financial obligations in full and on time and settle any arrears. We will comment on the After-Service Health Insurance (ASHI) under item 5.

 

Chair,
On the Report on the Implementation on Programme Support Costs (PSC), the EU and its Member States take note of the allocation of PSC to the various Major Programmes, with 68% of PSC being allocated to MP 5 and 32% to all other MPs. We take note of the gap between PSC income and expenditure and recommend the Secretariat to bring expenditure in line with income.


Thank you, Chair.