The Pan-African Parliament’s total budget for the year 2014 stands at US$11,685,390 with $2,7m allotted to administrative costs and $8,9m allotted to operational costs, the organ of the African Union, announced on Friday.A statement e-mailed to The New Times by Khalid A. Dahab, the PAP’s Senior Information, Communication and Media Relations Officer, says the 2014 budget partly covers the holding of two Ordinary Sessions of the PAP for a maximum duration of 10 working days each.It also covers the holding of two meetings of the PAP Bureau, the holding of two joint meetings of the Bureau and Bureaus of Committees and the holding of two sitting of Committees, all coinciding with the Ordinary Sessions.The 2014 budget seeks to achieve the key priorities, which are the effective implementation of the policies and objectives of the AU; the implementation of the Principles of Human Rights and Democracy in Africa; the promotion of good governance, respect for law, transparency and accountability; the promoting of peace, security and stability in Africa; and improving of institutional and technical capacity at PAP.It also seeks the promotion of cooperation among regional economic communities (RECs) in Africa and the encouragement of continental solidarity, cooperation and development to build common destiny in Africa.The 2013 budget considered and adopted Friday’s Plenary Session stands at $15,631,922.00, with $11,6m allotted to operational costs and $3,9m allotted to programme budget.