Is the East African Central Bank in the pipeline for the 2031 target?

The East African Community emphasizes that the regional monetary union remains on track for 2031, while discussions focus on establishing a joint central bank. Meetings held in Arusha from September 21-25, 2026, addressed public financial management reforms, tax policy harmonization, and monetary coordination. EAC Planning Director Aime Uwase called for practical arrangements to support the implementation of the EAMU Protocol, and Ugandan Finance Commissioner Dr. Albert Musisi urged accelerated efforts to meet the 2031 single currency target.