EAC members to fund bulk of bloc’s $112m budget

 The East African Legislative Assembly (EALA) members led by its speaker Joseph Ntakirutimana addressing the media at the Parliament buildings in Nairobi, Kenya on Monday, March 4, 2024. PHOTO | DENNIS ONSONGO | NMG

The East African Community this week presented its budget, raising it 8.7 percent to $112.98 million, from $103 million last year.

But partner states’ contributions have been reviewed from $73 million to $67.78 million. Internal revenues have therefore reduced to less than 40 percent of the total budget.