The East African Community (EAC) Secretariat has saved at least 3.4 million USD over the past year that the President of Tanzania has been at the helm, reports the Daily News.
“During the past two years in which Tanzania was the chair of the EAC and in the past year when I served as Chairman, the secretariat reduced its annual spending from 12.6 million US dollars (about 26.5bn/-) to US 9.1 million dollars (about 19.1bn/-),”said President Magufuli.
Dr.Magufuli has been the chair of the regional body after becoming the President of Tanzania in October 2015. He urged the Ugandan President Yoweri Museveni who took over as the chair during the Presidential Summit held yesterday in Tanzania.
“I appreciate efforts by the EAC Secretariat under the leadership of Secretary General (Ambassador Libérat Mfumukeko) for the cost-cutting measures,” Dr Magufuli said in his address shortly before handing the chair to President Museveni.
Dr Magufuli said that the EAC has undertaken a number of infrastructural projects in the region while others are in implementation stage.
As we speak, nine out of 15 One Stop Boarder Posts (OSBPs) are in operation and these have played a crucial role in boosting trade among partner States and beyond,” he said.
The EAC has signed agreements with development partners to secure finances amounting to 300 million US dollars to execute development projects in member States according to the Tanzania President.
President @MagufuliJP wants his predecessor President @KagutaMuseveni to continue with cost cutting measures pic.twitter.com/h6KORhMhzu
— TheCitizenTz (@TheCitizenTz) May 20, 2017
