Misaada kwa ajili ya bajeti ya Tanzania imefikia 32.89%

MK254 · May 16, 2018

Misaada kutoka kwa wahisani (wazungu Barbarosa ) kwa ajili ya bajeti ya Tanzania imefikia 32.89% ya malengo ya mwaka wa fedha 2017/18.
Hivyo kazi bado ipo, inabidi kuongeza bidii ya kuzungusha kibakuli bidii...

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Dodoma. The government has received only 32.89 per cent of what was pledged by development partners, three months before the financial year expires, the Parliament heard on Wednesday.

“Until March 2018, we had received a total of Sh182.92 billion from development partners, equivalent to 32.89 per cent of the Sh556.08 billion target for the entire 2017/18 financial year,” the deputy minister for Finance and Planning, Dr Ashatu Kijaji said.

The money was only meant for Tanzania Mainland.
Dr Kijaji was responding to a question by Machano Othman Said (CCM – Zanzibar House of Representatives) who wanted to know how much the government had received as Basket Fund from development partners since the beginning of the financial year.

Development partners disburse only 33pc of budget target in nine

Geza Ulole · May 16, 2018

38% of pledged support that is around 11% of the total budget! FYI this year's budget i.e. 2018/2019 their support is to fall further to a single digit of 8%!

$14b draft budget leaves Tanzania in a fix

SATURDAY MARCH 17 2018

A natural gas well site. Tanzania plans to develop major infrastructure projects in the 2018/19 financial year. PHOTO | AFP

In Summary

Tanzania has lined up major infrastructure projects that it hopes to implement in the 2018/19 financial year in order to spur economic growth.
The government faces a Tsh14.3 billion ($6.3 million) shortfall.

By ERICK KABENDERA
More by this Author
Tanzania is planning to spend Tsh32.5 trillion ($14.3 billion) in the next financial year, even as it struggles to meet its revenue targets in the current one, amid shrinking sources including donor support.

The current financial year’s budget is Tsh31.7 trillion ($14 billion).

The government has lined up major infrastructure projects that it hopes to implement in the 2018/19 financial year in order to spur economic growth.

But questions are now being raised on whether the government will realise its expenditure goals following failure to achieve its revenue collection targets.

During a budget ceiling session with MPs last week, the minister for Finance and Planning, Dr Phillip Mpango said poor tax collection was caused by tough conditions imposed by foreign lenders and a change in policies governing foreign assistance.

Revenue collection in the 2016/7 financial year reached Tsh20.64 trillion ($8.98 billion) against a target of Tsh27.42 trillion ($13.26), according to an overview by Hanif Habib and Co certified public accountants. That was a performance rate of 75 per cent.

In the current financial year, the government expects a performance rate of 85 per cent but will still face a Tsh14.3 billion ($6.3 million) shortfall.

The government had hoped to significantly increase domestic revenue collections and reduce dependence on budget support.

Instead, it is now counting on the Development Co-operation Framework (DCF) which is expected to revive poor relationship between the government and development partners. The framework was mediated by former AfDB president Donald Kaberuka who led the government and development partners in addressing the constraints affecting development co-operation.

“The government will continue to improve relationships with the development partners using the DCF with the aim of increasing investment, production, jobs and subsequently revenue collection,” said Dr Mpango.

Revenue collection

Despite donors not meeting their commitments last financial year, the government expects to raise Tsh2,676.6 billion ($1.1 billion) from development partners which is equivalent to eight per cent of the proposed budget total funding.

At 6.8 per cent economic growth registered by September 2017, Dr Mpango said Tanzania’s economy is growing faster than any of its East African member states. The mining sector contributed the highest to growth at 20.3 per cent despite government introducing major policy changes in the sector.

The government said that water distribution in urban areas increased to an average of 79 per cent, electricity to 67.5 per cent and that 3,306 industries had been built.

Domestic revenue increased to Tsh1.3 trillion ($574 million) on average per month from Tsh850 billion ($375,266,000) in 2015.

The government further said that the focus of 2018/2019 budget will be on the Rufiji hydropower project on which it has already spent Tsh3.2 billion ($1,412,760) for feasibility studies, standard gauge railway project whose implementation is expected to reach 15 per cent by June, and reforming its national carrier for which the government has already paid Tsh7.85 billion ($3,465,690) for purchasing new aircrafts.

However, these same projects were highlighted in the 2017/2018 budget estimation except the construction of the liquefied natural gas plant.

$14b draft budget leaves Tanzania in a fix

tuusan · May 16, 2018

Geza Ulole said:
38% of pledged support that is around 11% of the total budget! FYI this year's budget i.e. 2018/2019 their support is to fall further to a single digit of 8%!

$14b draft budget leaves Tanzania in a fix

SATURDAY MARCH 17 2018

A natural gas well site. Tanzania plans to develop major infrastructure projects in the 2018/19 financial year. PHOTO | AFP

In Summary

Tanzania has lined up major infrastructure projects that it hopes to implement in the 2018/19 financial year in order to spur economic growth.

The government faces a Tsh14.3 billion ($6.3 million) shortfall.

By ERICK KABENDERA
More by this Author
Tanzania is planning to spend Tsh32.5 trillion ($14.3 billion) in the next financial year, even as it struggles to meet its revenue targets in the current one, amid shrinking sources including donor support.

The current financial year’s budget is Tsh31.7 trillion ($14 billion).

The government has lined up major infrastructure projects that it hopes to implement in the 2018/19 financial year in order to spur economic growth.

But questions are now being raised on whether the government will realise its expenditure goals following failure to achieve its revenue collection targets.

During a budget ceiling session with MPs last week, the minister for Finance and Planning, Dr Phillip Mpango said poor tax collection was caused by tough conditions imposed by foreign lenders and a change in policies governing foreign assistance.

Revenue collection in the 2016/7 financial year reached Tsh20.64 trillion ($8.98 billion) against a target of Tsh27.42 trillion ($13.26), according to an overview by Hanif Habib and Co certified public accountants. That was a performance rate of 75 per cent.

In the current financial year, the government expects a performance rate of 85 per cent but will still face a Tsh14.3 billion ($6.3 million) shortfall.

The government had hoped to significantly increase domestic revenue collections and reduce dependence on budget support.

Instead, it is now counting on the Development Co-operation Framework (DCF) which is expected to revive poor relationship between the government and development partners. The framework was mediated by former AfDB president Donald Kaberuka who led the government and development partners in addressing the constraints affecting development co-operation.

“The government will continue to improve relationships with the development partners using the DCF with the aim of increasing investment, production, jobs and subsequently revenue collection,” said Dr Mpango.

Revenue collection

Despite donors not meeting their commitments last financial year, the government expects to raise Tsh2,676.6 billion ($1.1 billion) from development partners which is equivalent to eight per cent of the proposed budget total funding.

At 6.8 per cent economic growth registered by September 2017, Dr Mpango said Tanzania’s economy is growing faster than any of its East African member states. The mining sector contributed the highest to growth at 20.3 per cent despite government introducing major policy changes in the sector.

The government said that water distribution in urban areas increased to an average of 79 per cent, electricity to 67.5 per cent and that 3,306 industries had been built.

Domestic revenue increased to Tsh1.3 trillion ($574 million) on average per month from Tsh850 billion ($375,266,000) in 2015.

The government further said that the focus of 2018/2019 budget will be on the Rufiji hydropower project on which it has already spent Tsh3.2 billion ($1,412,760) for feasibility studies, standard gauge railway project whose implementation is expected to reach 15 per cent by June, and reforming its national carrier for which the government has already paid Tsh7.85 billion ($3,465,690) for purchasing new aircrafts.

However, these same projects were highlighted in the 2017/2018 budget estimation except the construction of the liquefied natural gas plant.

$14b draft budget leaves Tanzania in a fix

Summary

NairobiWalker · May 16, 2018

Wasee wa kuomba na kukopa.😀😀😀

MK254 · May 16, 2018

NairobiWalker said:
Wasee wa kuomba na kukopa.😀😀😀

Kuna yule Barbarosa husema Tanzania wameijenga wenyewe, ilhali ukweli ni mpaka leo uhuru bado wanategemea misaada ya wazungu kwenye bajeti.

kirk git · May 16, 2018

There are too many NGOs in kenya than Tanzania.

Many NGOs have avoided giving money to Kenya government because of corruption.

Poor Kenya therefore gets by far more donor funding than Tanzania.

TheStark · May 16, 2018

kirk git said:
There are too many NGOs in kenya than Tanzania.

Many NGOs have avoided giving money to Kenya government because of corruption.

Poor Kenya therefore gets by far more donor funding than Tanzania.

What about budget aid. Mnapewa pesa ya kulipa Mishahara. You can also form an NGO if you wanted. Hio funding itafanya muache kupewa budget aid.

kirk git · May 16, 2018

TheStark said:
What about budget aid. Mnapewa pesa ya kulipa Mishahara. You can also form an NGO if you wanted. Hio funding itafanya muache kupewa budget aid.

You are splitting hairs.

Kenya receive numerous aid. And it's a fact.

The only difference is how the aid is channeled to the donor projects.

Corruption in Kenya made donor agencies stop funding projects through government budget, and instead pumps the money directly to the ground.

Donors can't trust nyangau government with their money 🙂

Kenya classified as high risk environment for donor funds

Treasury refunds stolen donor cash

US cuts back Sh2bn health support

Kenya repays stolen free education cash

Bill Gates says corruption hurts donor funding

Why US suspended aid to Health Ministry

Tony254 · May 17, 2018

Shit hole kweli kweli.

kirk git · May 17, 2018

Tony254 said:
Shit hole kweli kweli.

Hunger striked shithole bandit failed state is kenya

TheStark · May 17, 2018

kirk git said:
You are splitting hairs.

Kenya receive numerous aid. And it's a fact.

The only difference is how the aid is channeled to the donor projects.

Corruption in Kenya made donor agencies stop funding projects through government budget, and instead pumps the money directly to the ground.

Donors can't trust nyangau government with their money 🙂

Kenya classified as high risk environment for donor funds

Treasury refunds stolen donor cash

US cuts back Sh2bn health support

Kenya repays stolen free education cash

Bill Gates says corruption hurts donor funding

Why US suspended aid to Health Ministry

Not budget aid..! We finance our own budget something you might not know about. Your country needs to pull up. If you cannot fund a 14billion dollar budget, then you should just shush..

Misaada kwa ajili ya bajeti ya Tanzania imefikia 32.89%

MK254

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