DECISION ON ALTERNATIVE SOURCES OF FINANCING THE AFRICAN UNION
Doc. EX.CL/656(XIX)
The Assembly,
TAKES NOTE of the recommendations of the Executive Council on alternative sources of financing the African Union (AU);
RECALLS the various decisions taken by the Executive Council and the Assembly on Alternative Sources of Financing the AU , including the 2001 Lusaka Summit Decision AHG/Dec. 1 (XXXVII, the June 2006 Banjul Decision EX.CL/Dec.285 (IX), and the July 2007 Accra Declaration Assembly/AU/Decl.2 (IX) which highlighted the need to identify additional sources of financing the activities of the AU ;
NOTES WITH CONCERN the dire financial situation of the AU caused by delays in Member States honouring their assessed contributions and complexities of accessing partner funds;
EXPRESSES DEEP CONCERN over the growing reliance on partner funds to finance the continental integration and development agenda;
REITERATES the imperative need for Member States to provide the AU with predictable, reliable and sustainable resources to enable it fulfil its mandate;
REQUESTS the Commission to actively pursue the effective implementation of the various decisions of the Assembly on alternative sources of financing the AU;
TAKES NOTE of progress in the setting up of a High Level Panel of Eminent Personalities (the Panel) with a view to engaging with Member States and coming up with definitive proposals to this long outstanding issue as per the January 2011 Executive Council Decision EX.CL/Dec.643(XVIII);
REQUESTS the Commission to expedite the process of setting up the Panel and take all necessary measures to facilitate its work;
APPEALS to all Member States and the Regional Economic Communities to provide all the necessary support to the Panel to ensure a successful outcome of the consultations;
REQUESTS the Panel to undertake the consultations in a timely manner and report to the next Ordinary Session of the Assembly trough the Executive Council, in January 2012.