Home News ECOWAS parliament adopts $26m 2026 budget

ECOWAS parliament adopts $26m 2026 budget

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ECOWAS parliament adopts $26m 2026 budget

The ECOWAS Parliament has adopted a budget of 19,636,030 Units of Account (26 million dollars) for the 2026 fiscal year, and announced plans to commemorate its 25th anniversary in November

The Speaker of the Parliament, Hadjia Memounatou Ibrahima, disclosed this in a statement on Tuesday.

Ibrahima said the development followed the recent conclusion of its 2025 Second Extraordinary Session in Port Harcourt, Nigeria.

She said the budget was adopted by the Parliament during plenary, stressing that, beyond being a mere accounting act, it was the engine of parliament’s commitment to West Africans.

”It will enable us to carry out our priority missions, including implementing the conclusions of the seminar on AI, while ensuring virtuous and transparent management of public funds entrusted to us.

”This budget represents a five per cent increase compared to the 2025 fiscal year budget, reflecting an upward adjustment of UA 939,233 from last year’s UA 18,996,897.

”Out of the budget of UA 19,636,030 for 2026, the sum of UA19, 368,394 representing 98.64 per cent is expected to be financed through the proceeds from the Community Levy, while UA257,636, equivalent to 1.36 per cent, will accrue from other sources,” Ibrahima said.

NAN

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