Economy
AU Overhauls Member Contribution Formula, Approves USD800Mln Budget
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 Reporter EthiopiaBy Ashenafi Endale
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Read at The Reporter Ethiopia →Original headline: “AU Overhauls Member Contribution Formula, Approves USD800Mln Budget”
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