Decision on Allocation of 10% of National Budgetary Resources to Agriculture and Rural Development over the next 5 years

DECISION ON ALLOCATION OF 10% OF NATIONAL BUDGETARY
RESOURCES TO AGRICULTURE AND RURAL DEVELOPMENT
OVER THE NEXT 5 YEARS

Assembly/AU/6 (IV)

The Assembly:

1. TAKES NOTE of the Report;

2. REQUESTS the Chairperson of the Commission to define, in collaboration with Member States and the NEPAD Secretariat, the core areas of agriculture and rural development relevant to the 10% allocation adopted in the Maputo Declarations;

3. CALLS UPON Member States to implement the present Decision in order to improve the financing of agriculture;

4. FURTHER REQUESTS the Chairperson of the Commission to submit a report to the 5^th Ordinary Session of the Assembly in July 2005.