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...Monetary Union May Not Work For East Africa!

Discussion in 'International Forum' started by JokaKuu, Apr 5, 2012.

  1. J

    JokaKuu Platinum Member

    Apr 5, 2012
    Joined: Jul 31, 2006
    Messages: 10,624
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    ..some experts r casting doubts on the idea of ea monetary union.

    ..we really have to think through this and know exactly what we r getting ourselves into.

    ..this is very important for the wananchi and politicians to know what they r going to gain/give up with the establishment of a monetary union.

    ..things like fiscal policy,monetary policy, foreign exchange reserve, exchange rates, etc etc will be coordinated frm Nairobi, but might have + ve or -ve effects in Kigali,Bujumbura,Kampala,Idodomya, etc etc. So we have to know what we r getting ourselves into.