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EAC mini-budget passed, $2m to pay overdue bills
Tuesday July 06 2021
Ken Obura, Chair of the Council of Ministers, with EAC Secretary General Peter Mathuki walk into the East African Legislative Assembly chambers to present the budget on June 28, 2021. PHOTO | MOSES HAVYARIMANA | NMG
Summary
The amount is part of sitting allowances arrears
The EAC will largely borrow from donors to manage the deficit this financial year.
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East African Community has moved to clear salary and allowances owed to its employees and leaders through a supplementary budget that was presented on June 28 for approval.
According to the supplementary budget, EAC organs and institutions including the Secretariat, members of parliament and the Lake Victoria Basin are owed more than $2.2 million in arrears.
EAC approves $ 2 2m mini-budget for overdue bills monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.