IAEA Budget Gets Modest Boost

By Peter Crail

The International Atomic Energy Agency (IAEA) Board of Governors voted Aug. 3 for a rare hike in the agency’s budget, raising its 2010 budget to $453 million. That rise represents a 2.7 percent real increase above the 2009 budget, on top of a 2.7 percent increase to adjust for inflation. The 5.4 percent hike is half the 11 percent increase sought by IAEA Director-General Mohamed ElBaradei. A preliminary estimate for 2011 includes an 11.4 percent increase over the agency’s 2010 budget. That figure is first subject to consideration by a working group the board established to assess the agency’s resources, priorities, and budgets up to 2013.

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