ARUSHA: THE East African Community (EAC) has adopted a new financing formula requiring partner states to contribute equally ...
Council of Ministers has been tasked with reviewing the bloc’s contribution framework and proposing a revised formula that aligns each Partner State’s ...
Leaders of the East African Community (EAC) have agreed on sweeping reforms aimed at improving the financial sustainability and efficiency of the regional bloc, President William Ruto has ...
Arusha, Tanzania ((eTN) – Ugandan President Yoweri Museveni is pushing for the East African region to embrace industrial revolution for the bloc to fly its population from the state of dire poverty, ...
The Citizen on MSN
What change in EAC funding quotas means to members
Arusha/Dar es Salaam. Alarmed by massive arrears in members’ contributions, the East African Community (EAC) is proposing a revised system that would see each member contributing equitably in line ...
EAC adopts new formula balancing equal and capacity-based contributions Reform takes effect July 1, 2026, to ease funding tensions Summit grants 50% waiver on member states’ outstanding arrears At the ...
The New Times on MSN
Bigger economies set to pay more into EAC budget
Heads of State of the East African Community (EAC) have agreed to revise the formula used by member states to contribute to the regional bloc’s budget, introducing a system where countries with ...
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