The Committee’s responsibilities are to examine the draft estimates of the Parliamentary budget and submit these to Parliament, discuss the budget of the AU and make recommendations. The Committee must report to Parliament on the problems involved in the implementation of the annual budget and assist it in executing its role of establishing sound economic, monetary and investment policies. Some of the issues raised during the 2010 and 2011 sessions included incompatible financial systems, a lack of staff and improving communication, while in 2012 ways to tackle monetary policy matters affecting Africa were examined