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EAC tables USD 110 million budget to regional assembly

Published on May 18, 2015

The EAC today presented Budget estimates for the Financial Year 2015/2016 totalling $110, 660,098 to the East African Legislative Assembly sitting in Arusha.  

Hon Dr. Abdallah Sadaala Abdallah, Deputy Minister for EAC, United Republic of Tanzania and the Chair of the Council of Ministers presented the Budget Speech to an attentive House.

The 2015/2016 Budget is a drop down from $126,110,145 Million in the previous Financial Year. The Budget prioritizes operationalization of the Single Customs Territory by developing requisite systems and administrative mechanisms, enhanced implementation of the EAC Common Market Protocol with particular focus on implementation of the new generation EAC internationalised e-Passport and development of the EAC trading, payments and settlements systems. Read more. Source | East Africa Legislative Assembly