Donors to fund bulk of EAC budget

East African Business Week
Donors to fund bulk of EAC budget
East African Business Week
PROGRESS: The tendency of having numerous road blocks long East Africa's main transit routes has substantially reduced due in part to the political will of the regional heads of State. COURTESY PHOTO. ARUSHA, Tanzania - Development partners are to ...
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East African Business Week

Habari Zinazoendana

10 years ago

TheCitizen

13 Mar

Donors to release Sh80bn of budget

>Tanzania’s Development Partners have agreed to release a further $44 million (about Sh80 billion) through the General Budget Support (GBS) after they were satisfied by measures taken over the Tegeta escrow account scam.

 

11 years ago

TheCitizen

05 Apr

Donors give Sh904bn for new budget

Donors in the General Budget Support (GBS) lobby have promised slightly more than half a billion dollars in direct financial support for the government in the next financial year.

 

10 years ago

TheCitizen

09 Jan

Donors release nearly Sh26bn in budget support

>Donors have released $15 million (Sh25.8 billion) of the $558 million (Sh959 billion) budget support they withheld over the Tegeta escrow account scam. The money was sent in December, according to a statement by the Development Partners Group Tanzania.

 

10 years ago

TheCitizen

14 Oct

How will the govt plug budget hole left by donors?

>Government funding of critical projects and programmes could be disrupted following the decision by key donors to withhold $558 million (about Sh950 billion) in budget support over corruption concerns.

 

10 years ago

Corruption ...

16 Mar

Restoration of budget support by donors repairs government's anti

IHS Jane's 360
Restoration of budget support by donors repairs government's anti-corruption ...
IHS Jane's 360
On 11 March, Tanzania's finance minister Saada Mkuya confirmed that the country's development partners will resume their budgetary support programme imminently. Tanzanian president Jakaya Kikwete attends an East Africa Community (EAC) Heads of ...

 

10 years ago

TheCitizen

19 Mar

EDITORIAL: Yes, we can fund our budget but only if...

A nation commands respect worldwide and upholds its sovereignty when it executes its development plans using its own resources. The founding father of this nation, Mwalimu Julius Nyerere, was aware of this when he chose to chart Tanzania’s development path along the lines of the self-reliance policy.

 

10 years ago

TheCitizen

05 May

Where will revenue to fund Sh22.5tr Budget come from?

>As the government prepares to present its Sh22.5 trillion ($11.25 billion) Budget for 2015/16, the biggest question is: where will the money come from?

 

10 years ago

IPPmedia

17 May

MPs question how govt will fund 22trl budget

MPs question how govt will fund 22trl budget
IPPmedia
Members of Parliament now wonder how the government will finance the 22 trillion-budget slated for the 2015/2016 financial year. Debating the Prime Minister's Office budget estimates for the 2015/2016 financial year tabled in parliament this week, most ...

 

10 years ago

Vijimambo

17 Oct

Tanzania May Increase Borrowing to Fund Budget After Aid Cut

By Alawi Masare
Tanzania may borrow more to help finance its budget this year after foreign donors said they will withhold funding because of a corruption scandal, Finance Ministry Permanent Secretary Servacius Likwelile said.

The U.K., Japan, Germany and other development partners including the World Bank announced last week they will keep back about four-fifths of the $558 million pledged for the country’s 2014-15 budget. Foreign loans and grants account for about 15 percent of Tanzania’s...

 

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