Regional leaders have approved a new financing model for the East African Community (EAC) that shifts the bloc toward an equity-based contribution system while granting a 50 percent waiver on accumulated arrears owed by partner states. The decision was adopted during the 25th Ordinary Summit of the EAC Heads of State in Arusha, where Kenya’s [...]The post EAC adopts equity-based financing model, waives 50% of member arrears first appeared on Burundi Times.
EAC adopts equity-based financing model, waives 50% of member arrears
