Staged against a backdrop of economic resurgence and optimism, the East African region was expected to grow by 5 to 6 percent in 2015/2016 according to estimates of the African Economic Outlook Indictors.
Secretary General Hon. Libérat Mfumukeko will convene the 5th Annual Secretary General’s Forum in Bujumbura, Burundi from the 22nd to 23rd June, 2017 under the theme, ’15 Years of the EAC: Towards a Borderless Community’.
The East African Community strives to achieve deepened economic integration through an East African Monetary Union (EAMU). The protocol providing the legal basis for the EAC’s transformation into a monetary and fiscal union was signed in 2013. However, a great number of preparatory steps aimed at achieving macroeconomic convergence for all partner states are needed, before East African citizens can literally carry in their pockets the symbol of their solidarity and cooperation – the East African Shilling.