[Monetary union of cooperative crooked warlords?]
The East African Federation (Swahili: Shirikisho la Afrika Mashariki) is a proposed political union of the six sovereign states of the East African Community – Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda – as a single federated sovereign state. In September 2018, a committee was formed to begin the process of drafting a regional constitution, and a draft constitution for the confederation is set to be written by the end of 2021, with its implementation by 2023.
Swahili has been proposed as an official lingua franca. Dar es Salaam would be the most populous city in the proposed federation, by city limits, and Nairobi would have the most populous metropolitan area. The proposed capital is Arusha, a city in Tanzania close to the Kenyan border, which is also the current headquarters of the East African Community.
The union's proposed currency would be the East African shilling, which according to a 2013 published report is slated to become the common currency of five of the six member countries by 2023. The GDP (PPP) estimate would be US602.584 billion and be the 34th largest in the world and the fourth largest in Africa, following Egypt, Nigeria, and South Africa. The GDP (PPP) per capita estimate is 3,286 USD, putting the East African Federation at 156th in the world.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.