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EAC Secretariat gets a contribution of €2.9 M

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Tuesday, 17 September 2013

EAC Secretariat gets a contribution of €2.9 M

The East African Community (EAC) Partnership fund has been granted EURO 2.9 million to support the acceleration of their regional integration agenda. The Belgian Government contributed EURO 900,00 to the EAC Partnership fund, while the government of Finland gave EURO 2 million specifically to the EAC regional projects and programmes.
Both the Belgian and Finnish ambassadors to Tanzania reiterated their countries’ commitment to the EAC integration agenda while confirming the contributions in a meeting with Deputy Secretary General Claude Nsengiyumva.
In response, Nsengiyumva highlighted the benefits such an economic boost will have on the EAC’s priority of impacting the lives of the East African people. Nsengiyumva guaranteed continued progress in the EAC’s financial management in order to provide accountability and flexibility, stressing the importance of EAC budget support.
The Deputy Secretary General, along with the Head of the Resource Mobilization Unit at the EAC Secretariat, Dr James Njagu, spoke to the EAC’s past commitment to integration through negotiation. The adoption of the Common Market Protocol as well as sensitization and awareness programmes were also underscored as key steps towards EAC integration.

Source: Pesatimes.com