EAC in crisis once again as funding model splits partner states

What you need to know:

  • The EAC Finance and Administration Committee has raised the red flag over remittance arrears amounting to $50 million, a situation that has left the Secretariat and its organs almost in limbo.
  • Kenya argues that it is not the formula that will make partner states pay but rather each partner state’s commitment.
  • Kenya, Uganda, Rwanda and Tanzania had fully paid their contributions of $7.3 million each as at February 24, 2022.