Tanzania, April 2 -- Arusha. A road map for a new financing mechanism for the East African Community (EAC) budget is finally in sight.

Recommendations made by experts will be discussed at a ministerial meeting next month before the matter is escalated to higher authorities.

"A modality for implementation has been agreed upon at a recent meeting held in Dar es Salaam," said Deng Alor Kuol, the EAC Council of Ministers chairperson.

The March 2024 meeting in Tanzania's commercial capital was attended by experts from ministries responsible for finance from the partner states.

Read: EAC stalled budget finally sails through

Mr Kuol revealed this when responding to a question during the just-ended sitting of the East African Legislative Ass...