Govt should restrain from over -borrowing

IPPmedia
'Most govt projects still heavily dependent on borrowing'
IPPmedia
Borrowing remains the government's central funding option to finance development projects, Finance Deputy Minister Adam Malima said yesterday. Addressing the National Assembly in Dodoma, the deputy minister said the government will not stop ...
State borrowing will continue - MalimaDaily News

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>Tanzania Coalition of Debts and Development (TCDD) wants the Parliament to be empowered so that it can intervene whenever the government wants to borrow.

Government’s plan to raise Sh135 billion from institutional investors through issuance of short-term debt obligation hit a snag on Wednesday as patrons sought to earn more by raising yields on Treasury Bills (T-Bills).

Treasury bills have been oversubscribed and the borrowing costs for the government have been soaring.

State borrowing will continue - Malima
Daily News
THE government will continue borrowing in order to implement development projects in the country, the Deputy Minister for Finance, Mr Adam Malima, told the National Assembly here. Mr Malima told the House that the government will not stop borrowing ...

Sobriety must prevail in borrowing
Daily News
THE marathon National Assembly session kicks off in Dodoma today and its main business will be to deliberate on the government's budget for the 2014/2015 fiscal year. Finance Minister Ms Saada Mkuya Salum said in Dar es Salaam last week, that the ...

BoT figures show lending rates fell in June to 6.07 per cent from 6.10 per cent in May

Interbank rate fell to 4.40 per cent on Tuesday from 20 per cent early this month

Amid reports that the State has been borrowing heavily in recent years to finance its operations, the International Monetary Fund (IMF) yesterday warned the government on the dangers of this tendency.