Financial Report of the Director and Report of the External Auditor. 1 January – 1 December 2023

ABSTRACT

This publication presents the Financial Report of the Pan American Health Organization (PAHO) for 2023. Certified and approved for publication by the Director of the Organization, the financial statements have been prepared on the accrual basis of accounting in accordance with the International Public Sector Accounting Standards. In addition to the financial statements and notes thereto, the report presents an analysis of PAHO’s financial performance in 2023. Sections on revenue, voluntary contributions, procurement, expenses, financial position, reserves, investments, foreign exchange, and employee liabilities are accompanied by figures and tables. However, this report goes beyond the financial information to also highlight selected achievements of the Organization in 2023. These achievements relate to PAHO’s ongoing efforts to spearhead innovative initiatives in the Region of the Americas to scale up health action and its work to help countries to protect public health gains, recover better from the impact of the COVID-19 pandemic, and build stronger. In 2023, PAHO also sought to foster commitment, enable cooperation, shed light on solutions, and focus efforts on reducing inequality gaps across the Region. The selected achievements concern, for example, PAHO’s efforts to strengthen primary health care, help respond to health emergencies and disasters, increase health system resilience and preparedness, tackle preventable communicable diseases, address the growing burden of noncommunicable diseases, raise the flag for mental health, bring immunization rates back on track, and accelerate the digital transformation of public health. Also mentioned is the ongoing work to streamline internal systems and processes through the initiation of PAHO Forward.