Regulation C/REG.16/12/99 Approving the Budget of the Executive Secretariat for the 2000 Financial Year

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Economic Community of West African States

Regulation C/REG.16/12/99 Approving the Budget of the Executive Secretariat for the 2000 Financial Year

The Council of Ministers,MINDFUL of Articles 10, 11 and 12 of the Revised Treaty establishing the Council of Ministers and defining its composition and functions;MINDFUL of the provisions of Article 69 of the Revised Treaty which relates to the budget of the Community;MINDFUL of the Financial Regulations and Manual of Accounting Procedures of the Institutions of ECOWAS adopted in Lomé through Council Decision C/DEC.4/11/89 dated 30th November, 1989;HAVING CONSIDERED the budget proposed by the Twenty-fourth meeting of the Administration and Finance Commission, held in Lomé from 27th November to 3rd December, 1999.ENACTS

Article 1

The budget of the Executive Secretariat for the 2000 financial year, balanced in income and expenditure at ten million three hundred and ninety-one thousand three hundred units of account (UA 10,391,300) is hereby approved.

Article 2

An amount of seven million two hundred and one thousand units of account (UA 7,201,000) shall be derived from the annual contributions of Member States. Another sum of one hundred and ninety thousand three hundred units of accounts (UA 190,300) shall be derived from the internal resources of the Executive Secretariat, while the balance of three million units of accounts (UA 3,000,000) shall be obtained from arrears paid in respect of past budgets.

Article 3

This Regulation shall be published by the Executive Secretariat in the Official Journal of the Community within thirty (30) days of its signature by the Chairman of the Council of Ministers. It shall also be published in the National Gazette of each Member State within the same time-frame.
Done at Lomé, this 7th day of December, 1999.Abdoul Hamid S.B. DurodjayeChairman, for Council.
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