53. The Executive Committee decided:
(a) To note the consolidated progress report of the Multilateral Fund contained in document UNEP/OzL.Pro/ExCom/43/10;
(b) To encourage those bilateral agencies that had not reported the financial data to the Secretariat or financial closure with regard to bilateral activities to do so as a matter of urgency; and
(c) To note the slow rate of project completion during 2003 for all agencies and the lower level of phase-out than planned and to encourage implementing agencies and Article 5 countries to expedite project implementation.