The East African Community’s $125 million Budget presented to East African Legislative Assembly

The East African Community (EAC) Council of Ministers yesterday presented Budget estimates for the Financial Year 2014/2015 totalling $125 million to the East African Legislative Assembly (EALA) sitting in Arusha, Tanzania. Abdallah Sadala Abdallah, Deputy Minister for EAC of Tanzania, presented the Budget Speech on behalf of the Chair of the EAC Council of Ministers, Phyllis Kandie. The 2014/2015 Budget, down from $130 million in the previous fical year, prioritises among others, operationalisation of single Customs Territory including the setting up of an institutional framework to manage it