IMF mulls action to fix Dar 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...

Express.co.uk
Cut foreign aid budget to make some easy savings
Express.co.uk
It is about time too. You don't need the Chancellor's brains or instinct for saving taxpayers' money to realise that we should not be paying for trapeze lessons in Tanzania or funding governments that already have their own space programmes. However ...

Dar seeks to cut budget donor dependency
Daily News
THE government has promised to reduce overdependence on donors in budget allocations by pulling more resources from domestic sources, following a bad experience in the fiscal year ending this month. The matter rose in the National Assembly on ...

Dar es Salaam. The International Monetary Fund (IMF) has said it is impressed with the steps that Tanzania is taking in addressing the infamous Escrow scandal but called upon continued progress.

The International Monetary Fund (IMF) has sounded the alarm over the huge government budget deficit, currently standing at over Sh847 billion.

IMF Sees Significant Cut in Sub-Saharan Africa Growth Over Virus  Yahoo News

Prime Minister Mizengo Pinda has termed “unfair” the decision by 12 key donor countries to suspend $558 million (Sh937 billion) aid in General Budget Support (GBS) for the 2014/15 financial year.

Kampala. Uganda on Monday stood by plans to send more than 240 of its health workers to the Caribbean despite a Belgian threat to cut 11 million euros in aid. Last week Belgium’s cooperation minister, Alexander De Croo, said his country was suspending a transfer of development money destined for the east African nation’s health sector.

Mambo ya ndoa! Mwigizaji wa kitambo ambaye ni zao la kundi la zamani la Nyota Ensembels lililokuwa likirusha michezo yake kupitia Runinga ya ITV, Sabrina Rupia ‘Cathy’ amefunguka kuwa yeye ni msanii lakini maisha ya kisanii hayapeleki kwenye ndoa yake kwani ndoa siyo mambo ya ‘action and cut’ kama wanavyofanya lokesheni.

Cathy ameliambia Ijumaa Wikienda kwamba, ndoa nyingi za mastaa huwa hazidumu kwa sababu huchukua maisha ya nje ya ndoa na kuyapeleka kwenye ndoa ndipo wanapojikuta...