NEPAD/HGSIC-3-2003/APRM/Guideline/O&P 9 March 2003 implementation of the Country Programme of Action and capacity building to improve performance in the weak areas. 8.4 A funding mechanism or formula should be developed by the participating countries which will specify the required contributions from them, based on the estimates of the APRM business plan. The financial requirements must be predictable to the participating countries, which will be expected to commit to contributing towards funding the APRM upon accession. The APR Forum will approve in advance the annual budget submitted to it by the APR Panel. End. Page 17 of 17

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