Sustainable financing mechanism for the East African Community is one of the agendas at this year’s Ordinary EAC Heads of State Summit.
The summit, which will be held in Kampala is also expected to act on South Sudan (RSS)’s integration in EAC.
On his address at the beginning of this year, EAC Secretary General, Liberat Mfumukeko noted that the secretariat has been grappling with acute financial constraints.
“I must admit that 2017 was a challenging year for all of us at EAC, and especially the first and second quarters of financial year 2017/18 where we experienced serious financial challenges. The reality of the matter is that partner states are slow in disbursing their commitments, as at end of December only 40% had been disbursed, this calls for serious prioritizing of the available resources and ensure critical activities are implemented.” Mfumukeko said.
The heads of state will also discuss Infrastructure and Health Financing and Development in the region.
Other agendas on the priority list include the concept note, terms of reference, roadmap and budget estimate for the drafting of the EAC Political Confederation Constitution. The member states presidents will also receive an update on EPA.
Uganda’s capital, Kampala will therefore be a hive of EAC activities, as many partner states’ officials converge for a series of meetings ahead of the heads of state summit.
Today marks the beginning of the meetings with the Extra-Ordinary Finance and Administration Committee meeting at the Uganda’s Ministry of EAC Affairs. The committee is the technical arm of the Council that advises it on all financial and administrative issues related to the Organs and Institutions of the Community.
This will be followed by the 35th Extra-Ordinary Meeting of the East African Community Council of Ministers slated for 15th to 20th February 2018 at the Imperial Royale Hotel.