In accordance with the authority delegated by the Board of Directors at its Two Hundred and Eighty-Third Meeting (Minute 283.27), the President approved the use of an amount not exceeding the equivalent of forty-nine thousand eight hundred and ninety-six United States dollars (USD49,896) from the Special Funds Resources of the Caribbean Development Bank to assist in financing the strengthening of the regional and national levels disaster risk management procurement and emergency response logistics capacity.