Thursday, 6 March 2014

Use donor funds wisely, EAC advised


 The East African Community (EAC) has been challenged to utilise funds from donors to implement the intended projects and programmes.
The minister counsellor with the European Union (EU) Mission in Tanzania, Mr Eric Beaume, said development partners were keen to see the funds used in the most efficient way.
“You have to deliver on the regional integration agenda in the most efficient way to achieve the anticipated results,” he said here on Tuesday during the signing of a financing agreement totalling 4.45 million euros to support the third phase of the Regional Integration Support Programme (Risp).
The programme aims at increasing the capacities of the partner states to implement the EAC Treaty provisions and Protocols in the areas of Custom Union, Common Market and improve the effectiveness and efficiency of the EAC organs.
The objective of this programme is to support the EAC region, the Secretariat and the partner states in their efforts to deepen the integration agenda and increase competitiveness.
The 3rd generation Regional Integration Support Programme (Risp 3) aims at enhancing regional integration processes in the whole of Eastern and Southern Africa, as well as the Indian Ocean.
It also builds on the lessons learnt during the implementation of previous similar projects.
Risp 3 specifically addresses the challenges of the EAC and provides concerted, tailor-made support to the organs and the states.
The programme is part of a 20-million euros package designed for Comesa, EAC, Igad and IOC. As far as the EAC is concerned, the priorities focus on implementing the Customs Union, Common Market, Monetary Union and Sensitization programmes.
Speaking during the signing ceremony, the EAC deputy secretary general in charge of Finance and Administration, Mr Jean Claude Nsengiyumva, expressed the community’s appreciation for the continuous support from the European Union to the EAC.
He said the continued support from the European Union and other development partners had been a key factor in assisting the EAC to move closer to attaining its goal of regional integration and that commitment and effective management had led to more confidence from all the stakeholders.
For his part, the EU head of cooperation and minister counsellor, Mr Eric Beaume, affirmed that “in the increasingly globalised world, regional blocks have the potential to foster the wellbeing of their citizens.

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