Use donor funds wisely, EAC advised

Deputy Finance minister Mwigulu Nchemba has urged local pension and social security funds to think of investing in sectors that attract less investment but vital to boosting the country’s economic development.

IPPmedia
Withheld donor funds to be released before July
IPPmedia
The government has confirmed that donor funds which were previously suspended due to the Tegeta Escrow scandal will be released before the end of this financial year in July. Deputy Minister of State, Prime Minister's Office (Regional Administration and ...
Momba council challenged on sources of revenueDaily News

all 3

Heavy dependency on development partners by the East African Community (EAC) budget was once again witnessed on Tuesday as 95 per cent of its supplementary budget for 2014/2015 passed by the regional Assembly is to be sourced from donors.

East African Community Headquarters, Arusha, 16 October 2014: The East African Community Headquarters will on Friday 17th October 2014, host the EAC-Africa Medicines Regulatory Harmonization Round Table Donors Conference at its headquarters Arusha, Tanzania. 
 The Round Table Donors Conference will be co-chaired by Hon. James W. Macharia, Cabinet Secretary for Health of the Republic of Kenya and Chairperson of the EAC Sectoral Council of Minister of Health as well as Mr. Dan Hartman, Director...

East African Community (EAC) partner states have to design fiscal regimes which will enable them to manage their oil and natural gas wells, it was observed here on Wednesday.

>The East African Community (EAC) has been compelled to phase out some projects funded by development partners due to declining support from donors.

The East African Community (EAC) partner states have been challenged to allocate sufficient funds for disability programmes and projects in their national budgets.

The East African Community (EAC) will spend $14 million (about Sh27 billion) less in the next financial year than it did during 2014/15. The move signals the beginning of measures to tighten the financial controls of the regional organisation. 

The recently released Controller and Auditor General (CAG)’s report reveals huge amount of unspent money meant for HIV/Aids programme during the 2012/13 Financial Year. A total of 58 councils failed to spend about Sh2.3billion.