Consideration of the Report of the Sixty-First Ordinary Sr5sion of the Advisory Committee on Administrative Budgetary and Financial Matters

Abstract

This report details the proceedings of the sixty-first ordinary session of the Advisory Committee on administrative, budgetary, and financial matters of the Organization of African Unity (OAU), held from January 23-27, 1995, in Addis Ababa, Ethiopia. The session focused on the committee's report from its November 1994 meeting. Key discussions centered on the OAU's critical financial situation, with a total outstanding debt of $77.5 million, and the need for member states to honor their financial obligations for their contributions.