oft~bie i2~

·ii

:'.".::'....:\::., ^:

,". ,-:

120. I:'.,cell (2,5) is indi?atecj,a payment,pf421>by jiJgeria to UAR which is compoe ed jof' 1 + 35; +,391, all. Of;which ro;,e payments, indicated

'.:--'.

in column 5 of table 12. In cell (4,3) is ent~red,~paYrileniof 2,017 to be made by Libya to Tunisia. It is composed of 579 and 1,438 shown in bblfunn,)il;i'

tabi~ 1~. ⁱⁿ

^cell

^(4,5) appear~;

^a,

~j'ymer:t

01''5,058 to be

madeiJ;1ilig~i'i

'to Ttinisia. This i s

oomp()s~dC1f5,005

^{+ 53both}

, ',',: .:'. (5 ;;,;

of which items are contained in column 5 of table 12; Cell (6,3) is an entry of 669 which indicates that

Li~y~has

to make this payment to Morocco.

This±scom:P";;l"lef)6f'~ii:p;l:Y1U~i;bY:LiDy,f6f

'417 on behalf '"Y'Y'l.

...:.... ,·of··{f1ljR·~..;I:·,~·direci;p"J'!meni;''Q¥ 'I;;ib;ya ·to Jl[oroqcc,' off

?5'2. ;m:p·eTrr(6,J)'--·..···_·

, '_ ~" I ~ ^{I - , - '} I ~ -~ • t )

i_ \iE! ..

~.e!)t~;y, .«f:

^.23,,:1;85

^·_i_Th:l$.

is ,pp.l1lpusetLof·1

direcf

-P8¥meiit

b.y4~1'·ia ~:~ i

...:t.oJ:I.oiFoci:!i'L2f:<,.2,4.4I

.m;ig...

ill1.::mJ.tij;:e.c:t,;J/.aym,ent

! of' .,7.38.\.as..

indicated !bY,'···' ., , , cLf:,.

""-I

r'" ^{I ,} I ) , j . I ' :,'h,,_,

the aprows in !column 5 !Of table ~2. ^Finally

1

^there

I

^{is a..}~.i:re..ct Ijay-ment

~yMaurit;ania

of 314 to be mad.e

.~i:i' ~4orocqo. i.t,Lf.L{ .

" I

^I

! , \ ! .

121.

i The marg,inal co Lumn in tab~e 13 oontaixjs the ~or~:iontal sums of

I ; , . 1 ; i . '

all t"-e

paymen~s

reoeiV)ed by the: countries,

~t

the left end of "tb;e

! I '. ' i ( !

'TOws •\"'J:'hr,re--eptr ±es'l;\r;e. shOwn ..

iiji·tliismargiffa1·"coIijimn,·

th'e UAR':'

reoeiyeB·-a:J:tog~ther5,6~9"·-TuiiishT;075"andilliI6r66C92j;888. ^"The: sum

j i i ; , _j I ;

of th~se threejpayments; is 36, 60? A.Lthe f'10t 0.1' the table, th<we

i I ; . t. '. i , . ;

isa marginal TOW which~ conta fnej the·sUm·tote:! of paymenta which :the

I

I ..., .. ' .. . " ."... '

j... ·'Couni;:i:-±es·at·the·tl-eads

~ftM

co:l.tllfiii'- haveti5'.. iriiake·tJ other Horih! .

i ~ -1 I " ! I i i i

:···""·--il.£ricb"'Ccun-trii:es

;·"TheJ:.e-·a::re···foi)ir··entries·il1j··this

iiargiiial' rOW;I"""'"

; I ! 1 · ! '

- 1 ! . ;

, _!~udan

I

has to mfke total! payments' 01'4.,.669; _L~by,,:3,229; Algel;' ia

! i

'28,670/ and Maufita~ia ^3f·The

srn

t~tr,;J. of~heSeP4yments ^is agaj~^{. .}

;'''- · ..'36 ,-fiot · ····_..

^{-r .": .}

r "', ".... .

^{j. l}

' i i i t

! r I l

I

^J

·'·---1.Q2-...

J

-If we' -ooit""u-p'

an~he

^{paymeAts in} "table]"} to

os'

^{made to UAR,'}

Tunisia and Morooco, the sum total is 36,602. This, as table

11

shows, is also the sum of the total intra-North Afrioan positive

If

th~re,

e:;crste'a.

a~ul

tiJ;t'eral Plea¥ing

sch~me3q,602

:would have. to"

be paid to the

clea:r'h,g;~~on:~y t~e·<l.ebtcr co~tries

^{and the '}

creditorboui1tr'i'e~ \~6U:ld'

riice:ive36, 602fr6Iit'theclear':ing uilion.

The

^L

c6irip:;m~;a'tidftsch'ejjje

J:nhefetrt:in

c.l~il.rIhg':'unid~:pl'ocedute

^{i13always ,.;,} th'e'tiJo'St' 13ilnpl'e,:pGs'hb1'e~' . ^{Cl '}

.~,:-I c"·

123. The compensation agent could have, devised a, compensation scperne

~'l:~ :·3.·:.'r)r~< ~t':· -:;::\', '.~ .,' ._-.~ -",'" .\_',

B differ mg from, scheme, A in table 12. This compensat i.on ~?heme B

"Sudan

E/ ON .14/WP. 2/4 E/ ON .14!AlII\A/12

Annex I:.

Page 47

1S4. The paYlll"nts".;Wl:t~chrow:l.:s#"j[s"·a§b,,ing -dus tQ:Su(lan have again been assignedt9 ~hEl'UJ\.R as::sho.'ffi bY:':l;l",,-f,u+:l lijJ¢,rarI'ows, There is no differende '~6'far 'b\'\tw~en,.cpmpensatio)'l,:sqlj.elJ)e~A1'!nd:--l), In the

sElcQnd'row, however,::d:i,:~ferencesapPE'iar under oOID.'Pft'llsation scheme E.

:

Libya has to make a di~'.ect pay)llen t to the

]J1\.R

0:\:,.,;1;:,500 fI'om,:,~hich no assignmen t i s made to·other·l:toul1tries._{..'" ', . - -.} ", ... ^{- ' .} . '-'.. ^{'-," . ,--'--} The YAR -und.er- compensat:i;oll::

Scheme Bis a,ss:iji~niJlg.tw,opayments due. frpm·:t4eSudan to itsel:e: to.

Tunisia and Morocco respeo,i;iv,e1Y" F:L1.1,l,J;;ine""rr9"ws show that ,Sudan . pay.s,fI,J{Ji;p. TunisAa anq.i{H,,1;o ,lVloroopo.:, ThstQ;i;a1.net payments whioh:,'

the,UAJ1, can nOyvA::1aim,.frolllEl;uda,n to "ttfj\eJ,f i,s 3,673._{. .} -,',' _ J_ ... " . .[

125. :"!Another big dit:t''er''ehdeappears''ih'l}d-w

4'

Jt\unisia is entitled' '.'

< ( , ' , ' , I" ," . ' . : - ; . ,.,

to reoeive 5,778 from Alger ia and no as'S,ignnien't"ls made OU1; of' this'"

sum. Howev,yr, tl).'" _1~A91 :Mjliph T¥n~l'!:tE\"is':E>ntit1eq. to receive ,frpm Libya are: split !tPiJ;l~o thre8;,ass,i,gpp1eut's.a,nd on,e direct paym","'t;:.,.

Tunisia requests Libya to transfer

35

from .cell (4,3) toceU,,{!l.,4):

and from here to cell (2,1)., This is a9ircuitous route w~icp-,pan be short

circ~iteci

^{by Libya}

p~yingdi;~ctly

to the UAR the sum of 35 • A

" , J:--;", ""'\""j!c~ ~:;r:"·:afLf·I:X.

short circuit transfer of 35 at"the order of Tunisia is shown by a broken line arrow from cell (4,3) t"o"

ce1'i

¹"'( 2 , 1 ) , Morocco, as shown

,::.:Lc,_b;V an

a:!:'J;pJ:l,Liaf.>Bign

s3,91.:f&'<lm'"d:kcl,;i,:(-~4)'-:t-04J~h (1"j6};~ir

^{om which}, i t "

\r",

r-" ,--- ~^{s r} e,..as;i~nif(L_:by SUd'fn- fromc",U,{1-,--6)- tGC ell, (2,IJ.--This is.a" - . ~'-._---'

-'-:-!

\- i . .:',:;i'J:Tjf:,-; ':::~, ",'), i i::'_j~··-H;;"".:,!.~;. i ,:,~.:_:,'~ CC'-- " ".;--:c:.,>J" i "

i.-".- ,;;::u~:~~S

_{. .}

(::;; e

' "._.._._._

t:h.~:li~r~~~)'.-S~~h~~:~ll~~~i~;~d~~/:~~t: ::r:d;;:l~----

_.".,\_, ...,~ ~.^__ -, \.._ - _ -.. - - , - - .. f'·---'~- ~:;_~-:'~·,,~·^{..·..--,..---i-O • • . .}·_~o, • _ _ "..

----..•...

::~::·

^·.,:-f

^.._'_:J~:'~l

payment to the UARo t'cide1tally, !this is

1 ^S00c~:le~

^{fotr linkS} _i ^-.

ⁱ

circuit. Th'fthree cE\ncelled ci.r-ctidts linkEj ar~fromcel1

(4,3)

to

I . . .."

4;;11'("6,4),

~';om h~~'~ !t~(i;-6)-;~~d~f,~~~--th~,:j~-;;;-(2,l);---~~d

^the

one--f-!----'--:-~;~ll

. .~~~:~~-.;ii.:~:i_l~~~·~~~~~~~~=~~i3~j5iE(,~:1):~=+::·:::-;,~.:::: -~.::~,.- ... i,:-:-::-:f-cL:::::::-:~j:~~~ij!

~~6. __T:unisiEl.~alao._"l=ltr-uc,ts

^Libya

ro."~&",,al-!i"-i3.nsf

^{61:' of} :l47--<W,-MoP-0-0<jO'r

·':·----·-'-~l

,~~:s;::i::~~~~t

_{' ' ' '} -~,-';'" --:"\"'" " . , : . : :^a

o~u~~b~~~oa:~~I;:~~:~~:~~C:~lc~~~3~/~)C:~17~idr-.

, ''':=.' ';·~"::'-:·<-::1"; ^{. ! . '."-} .""- c.::;"

ⁱ

and is dOUbly! underlin_jed indioating; that thii' is a paymeni; wi thin the

~ ' . ' j ,

orj,g:i,n.a,1 meaningq:t'.ge,u,1(4,3)·· from:Li):l,Yacto!·Tunisia'.."

EI.CN.14/WP.

".~~,22/

^{.... 4;}

Ej ON .14/AW12

Annex .

Page 48

127.. ",J:h)o<jw 6appeg,r a .few

differ~n.d'es,between

com'pensa.tion ,schemes A and

.$.

The. debt by I.,iby1> fct][o;rocco;shown in eel! (6,3) ispa:r"£l;r paid

i ' ,~' '., - '-" •

bf a'

tr.ansfcerencepf

53

fr.omAlgeriato Morocco. on beha:l;;e of' . Libya';; " , _~

showrr by"atran,et'er a:rrcw fr4m .. cel1.f3.,5} .bo cell

(6,3;.'"

Ther.esidua'J:"

amcU;:Jctpf 199 -i.s a direct payment from Libya to Mdrocc~withi:n,'the ).;

origina;];; mea!J..ing of cell (6,3). Thispaymen t of 199 is "doubly 'under...

=

Li.ned.' Th,epsyment,of73S'from Tunisia to MOrocco whiQhis'" shown <in cell (6,4),isindi~ectly'made.tothe exteht'of 391 byaehort'circuited paym.ent fr.om Lg,bya' ,to the UAR'and:Ls also 'p'artly made by a transfci' , from Libya to MoroCQc.,of, 347 asshdwn' .by

.a

transfer ·arrow. The Alger:Lan debt to Morcocco _of,~~ :Lsa,d:Lrect payment by Algeria to jIIIorpcco with:in the,::' .l.._' .. : ... :;,.

~eaningof~ell

_:,,~;:',', 0,,' ' .'^(6,5).'': ,_,.'. ^' f··:£0: '_ .:,..\ "

l28.Similarily,there :Lsa d.irect payment from Mauritania. to,MOrooco'"

of 34 wi.thin the; 'msahing of cell (6,7)" Thispaymen't:!-scoimnon 'to the '.

compensation. scheme's' A and,Jl. .'"

129;' On the Milis of

tabi~ 14,

the final payments obligations arising under cempen sation scheme can be" drl.t'Wn';:up.

;.,

1

.')_.'

TABLE 15 ': "

.. ;:.'

North Africa: Final Payments 01;Jligat i.ona arising under Com:eensat:ion Scheme

:6,

1961

~,.

,

.

_In US ^$,1000

Sudan' UAR Libya Tunisia

.

_{Algeria' Morocco} liIaurHania ¹

'.

^'.,1

••

^{2 " ',i 3" , '.} 4 , 5 • 6 "'1"

-:t pH _;Mn-'- .w· lh 'the aecond row of this table, we find in dell '(2,1) the direot 130.

pa'AW-~.~f}j,~73,p;y:,Sudap,;.Lt.ot~e llA:Il,\41.the.sa.lll$.ro\f.

th"i'e, is, a " b • direct· payment by Libya to the UAR of 1965'which is composed' of the·:' ',d.f;

'f.ollowing four :payments by .Libya shown.in column 3 of ;tab1e,14~3~L*

:"",.,:,_ .. ' ,.,.~: :,: .; :;~ .Ln:;,:~' ""~ ": ",,", .. .'_. -";";:.".:.' ;'-'.-. ( ' , , - - - ' ' ' 7 ' •• ,_,: •• :''',;

1,500,+35 +39hFu:£thermore row 2 of table 15 shows,a:pii!ymen·t,py

;':ri;rJ' .-c''-',L" .,:~. "i:;-.":~'::'..[ ~:rC ..' "";' ", ... ' . "~'" ;.," . ,

Algefiaof l'to theUAR inc;eLj.(2,5)..',:t"tVf;"-:;'-;,d ~ ".:_ :::""<;,,,-:1 ,c,. • '''',,''', "",', ,,'., ..c,··, Row 4 of tabl, : ' , . ~.":LC:''''''':'

e,,15AhoVTs

.' , ^{aU the .}. -~ -"

paym~l'f:!'l:l't,81f:lticll. '):'wlisiaia WIt;l.tleq.,it r ecei"!3~ ,519, f:r:olllthe ~d"·'h.

i.LI:'If' ".

L,'...

·:!·<!>:t, .."..., " ,','" . . , -:". ,,'.. - ;';':.' ',';'" ,',,' ._.

as shown in co Iumn 1 of table 15, it also receiV\lS 718fromL;i,by?-, as .

•,.'~,,'-'~"" ....),.:j.,~:." . ,'>,," '" , . " . " ' . :.:,,~,:, .,:.-,,"','" ::.:;.;

shown in ge11(4,3)Q1' table 14 and it finally receives 5,n8from

Algeria,

as

snowTiiri\d<in(4i5 Hi1'tabie 14.

1I6VT6 iif

table 15 shows , f '

four.

]k\ymen'ts:';:'''Fi:r~t'a

pikymen'i'of .417"

b1Sudan, 'as" _~iio-Jn :fn661umn'

1

of'ta],j!&)l4~ NeJt't'a

"paylnento!f546 by Libya: ;\0'M6;06c6 campd's

"fiJi'

199 and 347 shown in cQhunn06f table 14, Furthermore; a

pay~~hid;

22~~~t.PY. A1e;"¥i!,: to Mor~pqy4;icb.;i1ilOOJll1"<'sBd of''P~l1letrt$ :22,;81}8 +d·53·

both

,Ht.

W'h~ph ,~r,e sg"Vffi::-¥1 o.pJ.l,1;l@5 q~,:table,lA. ,,·;Ii!iJ:!;A;l!ly,-,,;thJiir!i.is,j the. paymen_..t,_{"'- '}by Mauritaniat.oMorp.cqo,pt:: 34_{, ',-'", ::-:'.. ,'_.... . .}·.w:b.;i;;oh,_' is,ooll\lllotkto•. both"

.oompensation scaemes , ^{." .} ' " " . ' ,

_1\,1 i ".,;'. ','t',

1310" ,TaN,!"i,,J,;5

cOllta~ns

,a plargina1 :09ilu,rnn'ancl;?, ,marginal,,,,"owil';ike,.ta'ole 13.. J!h:t+'.l,.jj¥,cin,t,he llli>;!'gin;;.l. ,oolunm' o:t:dtable.:l5. ar-e iden:t,ical: -witjI: the'

, . " ,,. " . ' ^{" ,}

.

entries,,in

.tJ:J,.,

margiitl"1.co1u,rnn .of .ti'\bl'El,13. .:J'husrtlte ,rUARreoeives "

5_~639 aSfjlllown" ;\.nrow 2 of· tlJ,e m;;r·gi:!:lal cglullltlJW: botlJ,. tables. But ^in.,0:

table 13 these receipts show a different composi ti.on from the receipte in table 15 • In table 13 the UAjl.

reoeive~

4,669 from Sudan,. 543 frQ\ll

fYi.,l ',:i:; ::~\;;;:"",-,;,~,:". T .". ,/:',,~: ,,",;i,':-;;'''' '.',:.:. " • , ' " , " , ' " , , '

Libya and 427 from Algeria, totalling 5,639. In table 15 UAR receives

. ' " ' , ,," ;,0,1. ,;;,:);1',' ',:::i ",.', .: '" ·,;::.',,·,l,j" "i.', ':\:i <::"::"',~ -:'. "'.'. ':""':'.,',':

only 3,673 from Sudan, 1;lUt 1,965 from Liby?- .and pnly. l fro!!, Algeria~ .

,.1() ,,,: '"LL,~'i'i)l{; -2::?<:~"t " ..;,', "":^{i -.}r. ,'-.i;":.k,:,r... ."," ,-<.: 1,';;'·.'l ',', '..',."'\', ,:,,: ..,~ :':", "

These three payments also total 5,639._{, ,,"} The tVTO compensation scheme.!?,..._{" , '} " ,.,.,..^'

A.;md B resul t in the UAR receiving th~ .s~me tQ tal money, but they

differ in'tlil!';soul'tikls'iYromwb.iCh .

ulill r'eo~~v';;sthe sam~'i6tarJ~Yinet1i;. ,I'.,

:'." "' ;.)"t}.;:j;": j j(""~r t;::'~:' '~~i~,"^' . , : .:") ,',;J' .-,,!'x .' '-: . ,^{i', .'}~ ^,'\(j,r ;;. ":;';;,.-:{;" .. ,. ,~,~,;.J,,:'...L,y\:

132.

~e~;,~¥o"~~Y~818gtb&ab,,~~sI H Ii~* *~'i~tf~e~e.s ty,t~e,,,?9m~osi

^j;iPtl

of

~!>~.~~;~~,p~iY,T'inJJgfl~Slt'8~~i?,~,~$H~,i~,!lnH~t,e.d, t9:s~~e~v~.

:rn<tap1e 13 i;l; ,is SlJ,OWh that'l'W;1isia receiveS! 2,017 from ^L~'bya and.

5,P58

from Algeri", in table 15 it

is

'shown that Tunisia .reoeives 579.

-r^I

Dans le document Conf6rence of Governors of African Central Banks (Page 154-158)