The 5th EAC Development Strategy for the period 2016117-2020/21 outlines the broad strategic development objectives that the Community will pursue during the next five years in line with the Treaty for the Establishment of the East African Community and the EAC Vision 2050. The overall goal of the 5th EAC Development Strategy is to build a firm foundation for transforming the East African Community into a stable, competitive and sustainable lower-middle income region by 2021. To realise this goal, the Community shall focus on seven (7) key priority areas, namely i) consolidation of the Single Customs Territory (SCT); ii) development of regional infrastructure; iii)enhancement of free movement of all factors of production as envisaged under the Common Market and Monetary Union Protocols; iv) enhancement of regional industrial development; v) improvement of agricultural productivity; vi) promotion of regional peace, security and good governance; and vii) institutional transformation at the regional and Partner State levels. The Vision of the Community is: “to be a Prosperous, Competitive, Secure, Stable and Politically United East Africa” while the Mission of the Community is: “to widen and deepen economic, political, social and cultural integration, in order to improve the quality of life of the people of East Africa through increased competitiveness, value added production, trade and investments”. The Core Values of the EAC are: Professionalism; Accountability; Transparency; Team work; Unity in diversity; and Allegiance to the EAC ideals. The implementation strategy aims to, inter alia, enhance and facilitate the results-oriented achievement of the objectives of the 5th EAC Development Strategy through strengthening and maximising institutional synergies amongst various state and non-state stakeholders to achieve efficiency in resource use. The Strategy is designed in 10 Sections. Section 1 contains the background information and refers to vision, mission and core values of the EAC. Section 2 provides a situational analysis on governance, political and economic developments including human resources and infrastructural facilities. Section 3 provides a review on the performance of the 4th EAC Development Strategy 2011/12-2015/2016. Section 4 outlines relevant global and regional development frameworks. Sections 5 & 6 respectively refers to macro-economic management framework and strategic direction. Sections 7 & 8 refer to strategic interventions under the pillars of EAC integration, organs and institutions. Section 9 provides for implementation framework and Section 10 refers to monitoring and evaluation framework.
2016-01-01