Progress report on the establishment of African monetary fund

The African heads of state and Government adopted in April 1980 the Lagos Plan of Action for the economic development of African during the period 1980-2000. The Lagos Plan of Action emphasized, among other things, the importance of establishing on autonomous African monetary and financial monetary and financial co-operation at the sub regional and regional levels. The African Heads of State and Government also adopted six years later Africa’s Priority Programme for Economic Recovery, 1986-1990 (APPER) which, intra-alia, reaffirmed the need for “strengthening regional monetary and financial institutions and called for measures to be undertaken for an early establishment of the African Monetary Fund”. The United Nations Special Session of the General Assembly on the Critical Economic Situation on Africa, held in June 1986, adopted the United Nations Programmed of Action for African Economic Recovery and Development 1986-1990 (UN-PAAERD) which also called for the “intensification of efforts to be made for accelerating the establishment of an African Monetary Fund.”

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Bibliographic Details
Format: Reports biblioteca
Language:eng
Published: 1991-05
Online Access:http://hdl.handle.net/10855/12390
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