Tuesday, November 26, 2013

East African Integration moving closer to reality with the signing of the Monetary Union Protocol this week

East African integration is moving closer to reality with the signing of the East African Monetary Union Protocol during the Heads of State Summit to be held later this week in the Ugandan capital, Kampala.

After the endorsement of the East African Monetary Union Protocol, the next 2 years will see the passage of bills to support it. The introduction of a single currency will be spelled out in these bills, and methods and processes which member states can join the monetary union and use

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