RECOMMENDATION ON THE REVIEW OF THE SCALE OF ASSESSMENT OF THE AFRICAN
UNION*
Doc. EX/CL/40(111)
The Executive Council:
TAKES NOTE of the Report;
RECOMMENDS to the Assembly as follows:
To consider the Scale of Assessment with an 8.25% ceiling and two floors of 0.25% and 0.75% as contained in Table 16;
To mandate the Commission to make adjustments, bearing in mind the need for mitigation and taking into account the observations made by some Member States regarding their high assessed rates;
To renew the mandate of the Ad Hoc Ministerial Committee on the Review of the Scale of Assessment which will keep under constant review the economic performance of Member States with a view to reassessing their contributions as appropriate;
That, in view of the natural disaster of which Algeria was victim, to grant a five (5) year grace period to that country which will continue to pay its contribution based on the current assessed rate of 7.25% for the next five (5) years, and thereafter pay its contribution based on the new rate of 8.25%.
Reservation by Egypt