Travel, Hospitality and Conference Expenditures for the year ended 31 March 2024
| Expenditure category |
Expenditures for year ended 31 March 2025
(in thousands of dollars) |
Expenditures for year ended 31 March 2024
(in thousands of dollars) |
Variance
(in thousands of dollars) |
| Travel |
|
Operational activities
|
1,446 |
1,884 |
(438) |
|
Key partners
|
47 |
49 |
(2) |
|
Internal governance
|
4 |
4 |
0 |
|
Training
|
20 |
109 |
(89) |
|
Other
|
9 |
35 |
(26) |
| A. Total travel |
1,526 |
2,081 |
(555) |
| B. Hospitality |
11 |
22 |
(11) |
| C. Conference fees |
8 |
12 |
(4) |
| Total [A+B+C] |
1,545 |
2,115 |
(570) |
Significant variances compared with the previous fiscal year
Travel expenditures were lower in the 2024–25 fiscal year mainly due to our continued commitment to reduce travel spending to align with the Budget 2023 spending reduction exercise.
