Estimated cumulative total disbursement as of March 2, 2016. The new audit period for MCCAP will be for the period April 1, 2015 to March 31, 2016, and the due date for the audit report will be July 31, 2016. Since, the project is a Grant, only the Grant monies for the MCCAP project disbursed to PACT from the World Bank will be audited.
Project expenditure for the interim period March 3, 2015 - March 2, 2016 (reported on the accrual basis of accounting) amounts to US $ 370,244.87