By Fridah Nkibugah
The International Monetary Fund (IMF) and the East African Community (EAC) have launched a collaborative programme to improve the compilation and dissemination of government finance statistics.
The programme involves all the five EAC partner states, Burundi, Kenya, Rwanda, Tanzania, and Uganda. The inaugural workshop was held in Arusha, Tanzania, from August 25-29.
The workshop provided an opportunity for statisticians and economists from the EAC region to identify the needs for technical assistance (TA) to strengthen GFS to be provided by the IMF.
The program will assist the EAC Partner States to meet the fiscal data requirements associated with the East African Community Monetary Union (EAMU) protocol, signed by EAC Heads of State in November 2013.
Dr Enos Bukuku, EAC Deputy Secretary in charge of Planning and Infrastructure, welcomed the opportunity to host the workshop and launch the GFS programme.
“The intervention is timely in facilitating production of robust statistical data required for the establishment of EAMU and transition to EAC single currency by 2024,” said Dr Bukuku.