East African Community tables fiscal year budget worth USD 111 million

The East African Community’s Council of Ministers, during its 60th Extra Ordinary Meeting, approved a total budget of USD 110,863,576 for the 2026/2027 financial year, covering the activities of all EAC organs and institutions.

East African Community tables fiscal year budget worth USD 111 million

East African Community is tabling a fiscal year budget to the tune of USD 111 million

The East African Legislative Assembly (EALA) is therefore kicking off a special virtual sitting to table and debate the proposed East African Community Budget Estimates for the next fiscal year.

The online virtual sessions are taking place on Monday, the 1st of June 2026, at 15.00 hours.

That is when regional legislators, through their digital screens, get to discuss the East African Community’s financial bill for the fiscal year 2026/2027.

The sitting, is convened by the speaker of the East African Legislative Assembly under Rule 10(2) of the EALA Rules of Procedure.

It will also feature the administration of the Oath of Office to new Members of the Assembly.

Members will convene via the Zoom virtual platform, with full details of the meeting link and access credentials circulated to all participants.

The East African Community’s Council of Ministers, during its 60th Extra Ordinary Meeting, approved a total budget of USD 110,863,576 for the 2026/2027 financial year, covering the activities of all EAC organs and institutions.

There is an increment of USD 2 million compared to the previous budget, which the EALA had approved a USD 109 million for the now ending fiscal year 2025/2026.

The largest allocation, amounting to USD 59,761,468, has been earmarked for the East African Community Secretariat in Arusha, which coordinates the implementation of the Community’s programmes and projects, a slight increase compared to the last Financial Year 2025/2026.

The East African Legislative Assembly itself has been allocated USD 19,162,080, a slight drop from last year’s budget, while the remaining funds are distributed among other key organs and institutions.

In addition to the main budget estimates, the Assembly will also consider a Supplementary Budget of USD 4,794,593 for the current financial year 2025/2026.

This supplementary allocation, sourced from reserve funds and other revenues, is intended to address urgent financial requirements across various EAC organs.

Key initiatives set to benefit from the supplementary budget include the EAC Pandemic Project, procurement of critical Information Communication Technology (ICT) equipment, and the implementation of health and environmental programmes that have been identified as underfunded.

The special sitting underscores the Assembly’s commitment to its oversight and appropriation functions, ensuring that the financial resources of the Community are allocated efficiently and transparently to support regional integration and development.

The budget estimates reflect the EAC’s strategic priorities for the coming year, with detailed funding sources and specific projects attached to each budget line.

Members of the Assembly are expected to scrutinize the estimates, engage in debate, and provide legislative guidance on the financial roadmap for the Community ahead of the new financial year.

This is the first budget making under the new Secretary General of the East African Community, Ambassador Stephen Patrick Bundi.