Dar es Salaam, Feb. 4 -- DODOMA: TANZANIA has reaffirmed its commitment to the East African Community (EAC) Monetary Union as part of efforts to foster regional economic integration, stability and growth.

Deputy Minister for Foreign Affairs and East African Cooperation, Mr Dennis Londo, told Parliament yesterday that EAC monetary union would further integrate regional economies and promote economic stability and growth.

He made the announcement when responding to a question from Kinondoni MP Abbas Tarimba (CCM), who inquired about the governments stance on the resolution by EAC leaders to establish a common currency.

The East African Community (EAC) countries missed their 2024 target for a monetary union and have extended the deadline ...