Ghana proposes six-point declaration to reform AU financing
Ghana has proposed a six-point declaration to strengthen the financing of the African Union, calling on member states to move beyond discussions and commit to concrete measures to secure the Union’s financial future.
Ghana has introduced a six-point declaration, the Accra Declaration on Financing the African Union, at the 27th Extraordinary Session of the AU Executive Council in Accra. The proposal, presented by Foreign Affairs Minister Samuel Okudzeto Ablakwa, aims to strengthen the financing of the African Union by moving beyond discussions and committing to concrete measures.
The declaration outlines six commitments: endorsing the integrated pathway (Option C) as the preferred financing model; implementing a predictable and verifiable domestic mechanism, such as a levy on eligible imports; adopting a unified programme-based budget and medium-term expenditure framework; capitalising the Peace Fund to reach the $1 billion target; institutionalising the African Union's partnership with the Alliance of African Multilateral Financial Institutions; and reviewing contribution arrangements, including the contribution cap and the erosion of real value.
Brief written by urgent.news from MyJoyOnline Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
