Servicing of Tanzania’s National Debt to Gobble Up Sh9.5 Trillion in 2017/18
The government plans to spend Sh9.46 trillion on servicing the national debt, including paying contributions to social security funds in the next financial year, Finance and Planning minister Philip Mpango said as he tabled his ministry’s budget yesterday. In the current financial year, the government set aside Sh8 trillion for the same purpose and up […]
Tanzania’s Government Seeks U.S.$785 Million Soft Loan From World Bank
Tanzania’s government is seeking a 785 million US dollar (over 1.7tri/-) soft loan from the World Bank to execute development projects in the next fiscal year, Finance and Planning Minister, Dr Philip Mpango, revealed yesterday. According to the minister, the projects include implementation of the second and third phase of the Bus Rapid Transit in […]
