EDITORIAL: Monetary Union: We’re ambitious but all is not lost
Kenya, Tanzania, Burundi, Rwanda and Uganda currencies. Coming after a Common Market and Customs Union, the Monetary Union was supposed to lead to an East African Political Federation. FILE PHOTO | NMG
One of the four pillars of East African Community integration, the most ambitious perhaps is the East African Monetary Union (EAMU) and its poster child, a common regional currency.
Signed on November 30, 2013, the EAMU Protocol laid the groundwork for a monetary union and a common regional currency by 2024.
