East Africa: EAC Single Currency - What the EU Saga Is Teaching Us

column

The establishment of East African Monetary Institute (EAMI) has reportedly been postponed. This implies that the EAC aspiration for a single currency may not be realised upon expiry of 10-year roadmap towards a single currency in the year 2024.

The postponement has been occasioned by lack of resources.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.