Economic bulletin for Africa: Vol.VI No.2

Abstract

This study was carried out in prosecution of item IV.A.ii.75 of the Commission's Programme of Work and Priorities for 1965-67. A study of balance of payments problems of African countries was called for by several resolutions adopted by the Commission over the last five years - resolutions 300m. 87(V). 95(VI) and I28(Vll). Resolution 95(V1) called on the secretariat inter alia to prepare on the basis of the information collected from member States. a complete and accurate survey showing their monetary institutions. the difficulties experienced in effecting their financial settlements both between each other and with outside countries and the means of remedying the situation.