AU Overhauls Member Contribution Formula, Approves USD800Mln Budget

Source: The Reporter Ethiopia · 2026-10-17T08:51:58.000Z · Finance

Slaps 13 countries with sanctions for defaulting In a landmark financial restructuring, the Executive Council of the African Union has formally endorsed a new Scale of Assessment for the 2027–2029 budget cycle, fundamentally reshaping how member states contribute to the continental body. The overhaul comes alongside the adoption of an overall AU budget of USD800 […]

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