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People are no longer wasting money, Kagame on AU budget

President Paul Kagame has said that the African Union (AU) institutional and financial reforms process is so far making steady progress.

Kagame was speaking on Sundy at the Mo Ibrahim Foundation Board Meeting in London which was attended by a number of current and former heads of state and government as well as eminent persons from across the continent.

President Kagame, who is the current chairperson of the AU, noted that the union reforms and initiatives are having significant impact towards the transformation of the organisation and the continent.

He particularly expressed that budget for the coming year had been reduced by 12 per cent while share of funds contributed by member states had increased significantly.

“The institutional and financial reform has been going on and is on track. The African Union budget for next year is 12 per cent lower while the share of funds contributed by member states has increased significantly,” The president said

“People are no longer just wasting the limited resources. Countries are learning to do what has to be done and are taking responsibility and paying up their contributions,” He added

Among other progress attained at the Union, Kagame cited progress in the geopolitical context, whereby the continent was increasingly speaking with one voice as opposed to multiple factions.

The Mo Ibrahim Foundation Board Meeting brought together participants from public and private sector to discuss subjects pertaining to Africa including African Union reforms, Africa Continental Free Trade Area and Africa’s economic transformation.

The Express News

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