Dar es Salaam. Financial difficulties continue to cripple the East African Community (EAC), with the regional bloc now forced to borrow internally from its institutions to fund essential operations, highlighting a deepening crisis that threatens the credibility of the integration agenda.
In a rare move, the EAC Council of Ministers has approved the borrowing of $660,960 from five of its institutions to facilitate the processing of the 2025/26 budget and cover supplementary expenditures for the 2024/25 financial year. This decision follows persistent delays in contributions from several partner states.
