There was a time when it was said that the reboot would happen very quickly and very strongly. I am a bit dubious because I think that there are some sectors of the economy that will reboot very quickly and very strongly while other sectors will be much slower to reboot. Clearly this will be further discussed.
The decision to prepare this Plan was made in 2005 at a meeting of the Monetary Affairs Committee (MAC) of the East African Community, which at that time consisted of the three Central bank Governors of the Bank of Uganda, the Bank of Tanzania and the Central Bank of Kenya.