Resolution on budgetary and Financial Matters


CM/Res. 688 (XXXII)


RESOLUTION ON BUDGETARY AND FINANCIAL MATTERS


The Council of Minister of the Organization of African Unity, meeting in its Thirty- Second Ordinary Session in Nairobi, Republic of Kenya, from 23 February to 4 March, 197 9,


Having considered the Report on the Activities of the Advisory Committee on budgetary and Financial Matters,


DECIDES:



  1. to adopt this Document together with other relevant documents, taking into consideration the reservations expressed on certain paragraphs;


  1. to adopt the 1979/80 budget amounting to US $14,474,568 as proposed by the Advisory Committee on Budgetary and Financial Matters;


  1. to set up a Review Committee on Member States’ Scale of Assessment of contributions to the OAU Budget. This Committee will submit a draft recommendation to the Thirty-Third Ordinary Session of the Council of Ministers in Monrovia;


  1. that the Review Committee on Scales of Assessment will have to formulate its drat recommendations taking into account the up-to-date data furnished by Member States and observations by the countries concerned;


  1. to approve the allocation of subventions as proposed by the Advisory Committee and to request that in future all applications be considered in the light of the relevant observations made by the Council of Ministers.

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