$1.4 billion budget deficit could ground EAC operations
Presidents Uhuru Kenyatta, Yoweri Museveni and John Magufuli launching the 5th EAC Development Strategy in Kampala in February, 2018. Several EAC institutions are unable to meet their financial obligations due to the delays in remittance by the partner states. FILE PHOTO | NMG
Several East African Community institutions are unable to meet their financial obligations due to the delays in remittance by the partner states, which has left the Secretariat with a $1.4 billion budgetary hole.
Kenya and Uganda are the ones sustaining the operations of the Secretariat.