Regulation C/REG.10/12/11 Approving the Building of the ECOWAS Commission, its Agencies, Centres and other ECOWAS Offices for the 2012 Financial Year

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Economic Community of West African States

Regulation C/REG.10/12/11 Approving the Building of the ECOWAS Commission, its Agencies, Centres and other ECOWAS Offices for the 2012 Financial Year

The Council of Ministers,MINDFUL of Articles 10, 11 and 12 of the ECOWAS amended, establishing the Council of Ministers and composition and functions;MINDFUL of the provisions of new article 17 of Sup Protocol A/SP.1/06/06 amending the said Treaty Establishment and the composition of the ECOWAS ComiMINDFUL of the provision of article 72 of the Treaty rel Community levy;MINDFUL of the provisions of Article 69 of the Treaty wh the budget of the Community Institutions;MINDFUL of the Regulation C/REG.5/05/09. of May adopting the Financial Regulations of the Institution Economic Community of West African States (ECOWAS);HAVING CONSIDERED the budget of the ECOWAS proposed by the Tenth meeting of the Administration a Committee held in Abuja, from 23 - 26 November 2011.ENACTS

Article 1

The budget of the ECOWAS Commission, its Agencies, Centres and other ECOWAS Offices for the 2012 financial year, balanced in income and expenditure for the sum of one hundred and seventeen million seven hundred and fifty one thousand forty six Units of Account (117,751,046UA) is hereby approved.

Article 2

1.An amount of one hundred and one million two hundred and thirty seven thousand four hundred and ninety six Units of Account (101,237,496 UA) shall be derived from resources obtained from the Community Levy.
2.An amount of five hundred thousand Units of Account (500,000UA) shall be derived from Arrears of contribution.
3.An amount in the sum of fifteen million eight hundred and ninety eight thousand five hundred and fifty Units of Account (15,898,550UA) shall be derived from external sources.
4.An amount of one hundred and fifteen thousand Units of Account (115,000 UA) shall be derived from other sources.

Article 3

1)The overall budget of the Commission approved shall be detailed as follows:
Commission Headquarters UA 109,593,107
Gender Development Centre UA 1,304,501
Youth and Sport Development Centre UA 2,423,282
Water Resources Coordination Centre UA 875,886
ECOWAS Liaison Office in Brussels UA 430,926
2)The budgets for other ECOWAS Offices are detailed as follows:
Office of the Financial Controller UA 1,635,450
Office of the Chief Internal Auditor UA 1,487,894

Article 4

This Regulation shall be published by ECOWAS Commission in the Official Gazette of the Community within thirty (30) days upon signature by the Chairman of the Council of Ministers. It shall also be published by each Member State in its National Gazette thirty days after its notification by the Commission.Done at Abuja, this 21st day of December 2011H. E. Olugbenga AshiruChairman for Council
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