EAC Monetary Affairs Committee addresses regional economic challenges, progress on Monetary Union
A focal point of deliberation centered on inflation trends, which, while having escalated in 2022 and 2023, have since eased following the implementation of appropriate monetary policies and the easing of global commodity prices.
PREMIUM News
The meeting deliberated the global economic outlook, as well as the impact of persistent inflationary pressures, climate change ramifications, and geopolitical tensions on the region.
By NewVision Reporter
Journalists @NewVision
_____________________
The 27th Ordinary Meeting of the East African Community (EAC) Monetary Affairs Committee (MAC) convened on May 3, 2024, in Juba, South Sudan has reviewed the