East African govts to fast track single currency
According to the East African Budget Network (EABN), the East African countries have not done enough to deliver on the pending actions of the East African monetary union roadmap for an East African single currency.
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Mukunda says for the single currency to work, there is need for a central East African Bank.
By NewVision Reporter
Journalists @NewVision
East African Community (EAC) governments have been asked to fast-track the implementation of a single currency to facilitate trade in the region.
According to the East African Budget Network