6th EAC Development Strategy 2021/22 - 2025/26
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Date
2021-11
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EAC Secretariat
Abstract
The 5th EAC Development Strategy was the first of the series implementing EAC Vision 2050. According to Vision 2050, the period 2015-2030 is to focus on consolidation and transformation of the regional economy by providing the environment and incentives to make EAC a production-oriented region; addressing constraints that are known to create disincentives for integrated joint development for transformation in the region. Consequently, the programming focus for the 6th EAC Development Strategy (2021/22-2025/26) remains infrastructure development, human capital for long term skills development, consolidation of the EAC Common Market, funding of regional initiatives, strengthening the financing and banking systems, expanding savings and investment, Research & Development (R&D) and security and governance.The Strategy will also consider the region’s Medium Term strategic responses to contain the devastating effects of COVID 19.
Further, to maximise on the synergies across the region, Partner States Medium Term Plans (MTPs) will also integrate regional priority interventions. Additionally, the Strategy will consider the critical priorities in AU 2063 Agenda, SDG 2030, and the trade agreements EAC has entered into as a region.
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Development Strategy
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Citation
East African Community. (2021). 6th EAC Development Strategy 2021/22 - 2025/26. EAC Secretariat