National

EAC draws lessons from euro zone

The East African Community (EAC) has expressed caution as it seeks to shape a monetary union, and has not overlooked the gloomy public debt crisis that has besieged the euro zone, ministers and a local economic expert told worried MPs on Tuesday.
Senate vice president Bernard Makuza with finance minister John Rwangombwa.
Senate vice president Bernard Makuza with finance minister John Rwangombwa.
James Karuhanga