Central Banking

First consultations held on currency for East Africa

bank-of-tanzania

Two days of preliminary meetings regarding the creation of a single currency for East African took place in Dar es Salaam earlier this week.

The meetings, organised by the East African Community (EAC) secretariat, are part of a series of consultations between partner states which will last until 25 September. The meetings, which ended on Tuesday, bring together various stakeholders such as officials from the ministries of finance, trade, industry and justice chambers, academics, media and civil

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