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Hope for EAC monetary union by 2024 evaporates
Civil Society Budget Advocacy Group executive director Julius Mukunda attributed the delays to mistrust among the political leaders in the respective EAC member states and fear of losing sovereignty.
Civil Society Budget Advocacy Group executive director Julius Mukunda/Courtesy photo
By: NewVision Reporter, Journalists @NewVision
The plan by the East African Community (EAC) to have a common currency by 2024 will not be possible, New Vision Online has learnt.
The development has been attributed