13 Deutsche Bundesbank, Design and implementation of the European fiscal rules, Monthly Report, June 2017, pp. 29-44. Page 14 of 19 Deutsche Bundesbank, Directorate General Communications Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany, tel. : +49 (0)69 9566 3511, fax: +49 (0)69 9566 3077 presse@bundesbank.de, www.bundesbank.de Reproduction permitted only if source is stated. pushed far into the future.
The first study is on the “Harmonization of the Monetary Policy Framework for the EAC Partner States” being undertaken by the International Monetary Fund (IMF) and the second study is on the “Exchange Rate Arrangements in the EAC” being undertaken by the International Growth Centre (IGC).