Hello Amr,
According to this announcement (https://www.icann.org/news/announcement-2015-05-01-en), the Board approved ICANN's five-year operating plan on the day the public comment period for the FY-16 operating plan and budget closed. Is the FY-16 operating plan and budget's approval process by the board included in the wider context of the five-year operating plan, or will this be done separately? I ask because the annual operating plans and budgets are included in the five-year operating plan's
The five year plan is intended to set a 5 year high-level projection of the budget. The board hasn't approved the FY-16 operation plan and budget - this is subject to public comment. IF there are material changes to the FY-16 budget that affect the 5 year plan - then the 5 year plan will be updated. Regards Bruce Tonkin