A new report by the African Development Bank (AfDB) has proposed uniform fiscal and macro-economic policies in the 19 states of Eastern and Southern Africa even as they grapple with multiple trade tax structures and overlapping memberships.
The report which was made public last week, reveals that the AfDB calls for an economic policy convergence to boost fiscal surveillance at the regional and national levels so as to set the stage for a monetary union in the Common Market for Eastern
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