Although we may have experienced a few exceptional years of housing activity, those years do not come close to making up for the economic recession, foreclosures, erased wealth and slow recovery that we now are experiencing.
As we deliberate, we need to be aware that these external vulnerabilities, emphasize more than ever, the need for the EAC to build resilience by strengthening policy co-ordination and intra-regional trade, which I am happy to note, is picking-up. Governors allow me to reiterate the significant progress made towards the operationalization of the EAMU Protocol.