The IPU Secretariat presented the latest developments: . The proposed budget for 2012 showed a reduction amount of assessed contributions of 5.3%; . Some members requested further reduction of 10% in the overall IPU budget; . In the meeting of the Executive Committee of 15 October 2011 a proposal was made to use part of the projected surplus for 2011 to reduce the assessed contribution of 2012; . Other cost saving measures proposed by the Secretariat were deferred for further debate; . In light of these new proposals the revised amount of assessed contributions is CHF 11 063 700; . More budget cuts will still be considered for 2013, however members should keep in mind that a cut in activities will impact the deliverables; and . further cuts were presented to the Executive Committee, but did not provide an indication of whether they agree or not.