Report of the Secretary-General on the Financial Situation of the Organization and on the Status of Arrears of Contributors to the OAU Regular Budget as at 30 April, 1995
(E=English; A=Arabic; F=French; P=Portuguese)
Date
1995-06-21Author
Organization of African Unity
Organization of African Unity
Contributor
Organization of African UnityType
ReportMetadata
Show full item recordAbstract
The report by the Secretary-General on the financial situation of the Organization of African Unity (OAU) as of 30 April 1995 highlights critical financial challenges linked to substantial arrears in Member States’ contributions to the OAU regular budget. Despite an approved budget of US$29.5 million for the 1994/95 financial year, only 35% of assessed contributions had been paid by 14 Member States, leaving 65% unpaid and causing significant operational difficulties. Total unpaid arrears amounted to over US$62 million as of April 1995. While some progress was noted in payments compared to previous years, large outstanding balances persisted, jeopardizing the organization's effective functioning and mission.
Reference
CM/1881 (LXII)Subject
Financial SituationBudget Payment
Financial Challenges
Operational Funding
Arrears of Contributions
Notes
Council of Ministers Sixty-second Ordinary Session 21-23 June, 1995 Addis Ababa, Ethiopia

