Govt must pay its debts to sustain credibility

Under the principle that bears the poetic-sounding expression, “a gentleman’s agreement”, two parties strike a deal or transact business on the basis of trust. This is anchored in the belief that a gentleman is, by his very nature, a trustworthy person.

TheCitizen

Habari Zinazoendana

11 years ago

TheCitizen

30 Jun

Govt to pay Sh14bn water debts

The minister for Water, Prof Jumanne Maghembe, has assured urban water authorities in the country that the accumulated debts amounting to Sh13.6 billion will be settled through budgetary allocations in the 2014/15 financial year through the Treasury.

 

9 years ago

AllAfrica.Com

20 Nov

Minister Urges South Sudan to Pay Traders' Debts

Minister Urges South Sudan to Pay Traders' Debts
AllAfrica.com
Kampala — The government of South Sudan is yet to clear arrears with Ugandan traders amounting to Shs123b and this continues to anger Ugandan traders. The debt goes as far back as two years and the traders see no end in sight. Mr Shem Bageine, the ...

 

10 years ago

TheCitizen

21 Oct

Govt debts to pension funds raise concern

>The Parliamentary Public Accounts Committee (PAC) has expressed its concern over the outstanding debt the government owes social security funds after it learnt that government debts stand at Sh8.43 trillion.

 

11 years ago

TheCitizen

09 Mar

Poor revenue, high debts haunt govt in 2013/14 fiscal year

This financial year has been tough for the government. It was difficult to implement last year’s budget, largely due to failure to raise funds on time. Matters have been made worse by less than satisfactory expenditure management in the wake of poor revenue collection and missed tax targets.

 

10 years ago

TheCitizen

02 Apr

Govt pledges to repay Sh1.2tr debts to social security funds

The government has committed to wind up outstanding debts it owes the Public Service Pensions Fund (PSPF) and other social security schemes to sustain their smooth operations.

 

10 years ago

TheCitizen

02 Dec

Culprits of scandal will pay: govt

The government has insisted that serious measures would be taken against all officials who would be found to have been guilty of involvement in the Tegeta Escrow account scandal.

 

9 years ago

TheCitizen

27 Aug

We’ll pay pension funds: govt

The government’s total debt to social security funds amounts to Sh8.43 trillion

 

11 years ago

IPPmedia

22 Jan

'Govt should not borrow to pay workers' emoluments

IPPmedia
'Govt should not borrow to pay workers' emoluments
IPPmedia
The government should stop looking for loans in order to pay civil servants, but instead do so for putting up infrastructures. This has been suggested by the Tanzania Coalition on Debt and Development (TCDD) that is formed by religious institutions. It said the ...

 

10 years ago

IPPmedia

04 Jul

Govt to pay MSD so it can serve health institutions

Govt to pay MSD so it can serve health institutions
IPPmedia
The government yesterday asked Medical Sores Department (MSD) to continue providing service to health institutions, pledging to settle a debt of Sh1.145,839, 223.85 billion by June this year. The request was prompted by Special Seats MP (CCM) Rizik ...
MSD might collapse if debt is not paid, state toldDaily News

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