East African aquaculture boosted by Nutreco aquafeed production deal seafoodsource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seafoodsource.com Daily Mail and Mail on Sunday newspapers.
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.
Advertisement
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.
The East African
Tuesday June 29 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
Advertisement
The East African Community on Monday tabled $91.7 million budget for the 2021/22 financial year during a sitting of the East African Legislative Assembly in Arusha, Tanzania.
According to the EAC council of ministers $54.1 million (59%) will be contributed equally by Partner States or raised as other internal revenues and $37.6 million (41%) of the budget is expected to be sourced from development partners.
Ken Obura, the chief administrative secretary, ministry of EAC and Northern Corridor development and chair of the council of ministers, said that the budget estimates are being presented at a time when the Covid-19 pandemic has ravaged economies through lockdowns and economic shutdowns resulting in the loss of m
Botswana Finds Another Diamond Larger than 1000ct taarifa.rw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taarifa.rw Daily Mail and Mail on Sunday newspapers.