Revealed: Government development projects are underfunded

Revealed: Government development projects are underfunded

tanga kwetu said:
huku mitaani (mijini na vijijini) ukisema uchumi umedidimia-unaungwa mkono kirahisi sana na hutahitaji nguvu kubwa kufafanua ila ukisema uchumi unakua aisee uwe umevaa helmet na ujue mlango/njia ya kutorokea maana unaweza kutupiwa kitu chenye ncha kali na wananchi na pia utahitaji kutumia nguvu kubwa saaaaaana kufafanua huo ukuaji
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2020 haox2 ujiandae kuvaa helmet maana watashiba pilau na kulewa then wanazinduka baada ya uchaguzi
 
BAK said:
9 hours ago
Revealed: Govt projects underfunded
Concerns are rising as development projects are being underfunded and revenue collection is falling.

In Summary
A Bank of Tanzania (BoT) report has established that the government released only Sh387 billion for development projects, down from Sh824.4 billion it planned for disbursement in September.

Deogratius Kamagi @Deogratiuskamagi dkamagi@tz.nationmedia.com
Dar es Salaam. Concerns are rising as development projects are being underfunded and revenue collection is falling.

A Bank of Tanzania (BoT) report has established that the government released only Sh387 billion for development projects, down from Sh824.4 billion it planned for disbursement in September.

BoT’s October 2016 economic review also showed that the government missed its domestic revenue collection target by 16 per cent in the month.

Only Sh82.2 billion of non-income revenue was collected, down from the projected Sh225.7 billion during the period.

The collection income tax target of Sh573.6 billion was missed by 10 per cent. Foreign-financed projects got only Sh100.6 billion instead of the targeted Sh993.6 billion.

The report has shown that the Central Government collected 84.3 per cent of the planned Sh1.3 trillion.

Sh41.2 billion against the target of Sh55.5 billion was collected from Local Government sources.

Grants received were less by Sh400.9 billion. Taxes on imports were Sh27.8 billion below the target.

The goal was also missed in income tax by Sh55.8 billion

Finance and Planning minister Philip Mpango was not immediately available to comment on the trend yesterday. But Mzumbe University economics professor Prosper Ngowi said the decline in revenue has been attributed by the government’s cutting-cost measures.

He said the government would have spent the collected money to stimulate the economy. “It is not healthy to spend below the collected revenue. This reduces the value of money into the circulation. We don’t have to cut costs even for the approved budget.”

Prof Ngowi said failure to return the money collected from economic activities into the circulation through government expenditure would lead to the shrinkage of sources of income that would eventually affect the government itself.

Recently Shadow Finance minister Halima Mdee told Parliament that the government was broke as it has failed to finance even its priority areas.

The Kawe legislator on a Chadema ticket said in her alternative budget framework for 2017/18 that the government had failed even to act on its key priority area of building an industrial based economy. She noted that since the first quarter of 2016 the government had failed to disburse even a single cent out of the Sh40 billion development budget of the ministry of Industry, Trade and Investment.

Earlier, MP Mwita Waitara (Ukonga — Chadema) said if government had not run out of money why it had failed to disburse the constituency funds to all seats.

“I would use the language that our leaders want to hear, that the government is financially sound. But if that is the case, then why the money, which is purely going to development projects in constituencies is yet to be issued? We have already made promises to our voters but we can’t honour them and now they think we are liars,” said Mr Waitara.

Prime Minister Kassim Majaliwa insisted that the government was financially sound.

He insisted that delayed disbursement of the constituency funds should not be taken as a sign of financial problems. “There are priority areas; but I assure all MPs that the money will be issued in due course.”

He also said the government had started issuing funds for development projects.

Meanwhile, the BoT report indicated that the the current account deficit narrowed from $4,910.2 million in the year ending August 2015 compared with $1,912 million in the year ending August 2016. “The improvement was mostly driven by an increase in exports and a fall in imports,” said BoT.

The report indicate that imports decreased by six per cent thus allowing the country to save a lot of its foreign reserves.

“All categories of imports declined, except industrial raw materials. This is partly attributed to an exchange rate appreciation and completion of major projects, such as construction of cement factory, power plants and exploration activities,” reads part of the report.

SOURCE: THE CITIZEN
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The biggest spender of money is the government. In the absence of substantial expenditure by the government and hence significant "multiplier effect", i.e a person's expenditure is another's income, national income is likely to suffer due to non circulation of money that would stimulate the economy.

People cannot buy if they do not have money. Tax returns cannot be filed; taxes and duties, therefore cannot be paid, and finally monthly government revenues collection is impaired as a consequence.

The above is a proven theory. It would not come as a surprise if ultimately dawns as true the claim by many that all is not well with the national economy although the minister responsible for finance has stuck to his guns in defence for the government against claims by stakeholders of mismanaging of the economy.

There are more questions regarding the porformance of national economy than the answers can sastify amid claims of rising monthly government revenue collections:
1) what has been the reason for HESL problem?
2) why Treasury under disbursement for development and recurrent funds to mdas, regions and LGAs?
3) freezing of public employees statutory salary increases?
4) non settlement of monies owed to suppliers and goverment employees, etc.

Everything is written on the wall
 
lusungo said:
Wanacheua hayo maneno kwasababu ya reaction mdogo ya watanganyika!!

Umeona kule DRC Kabila kasalimu amri? Uliona KANU ilivyoondoka Kenya?

Hakuna kinachoweza shindana na historia na wakati huyu bwana ndo kapandisha nyongo za watu sidhani kama kuna mtu ataaminika tena toka CCM kama huyu bwana alipata chini ya 60% kwa hali hii tarajia mengine...

Yetu macho mkuu.
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+zambia, nigeria, usa, ukbrexit...hizo ni dalili kuwa umma hauyumbishwi kamwe! Ni swala la muda tu
 
mbeziboy said:
Mkuu wabongo huwezi kuwafananisha na wakongo au wakenya....wenzetu wako tayari hata kumwaga damu ili haki itendeke. Sisi huku tumedumazwa ("wapenda amani"). Sehemu kama dodoma huko ambapo wanapataga njaa mpaka kula viwavi...lakini wakati wa uchaguzi wakipewa khanga na t-shirt za kijani basi kura zao zote zinaenda huko.

Anyway...usemavyo ni kweli..yetu macho...tuombeane uhai tu.

Sent from my SM-G7102 using JamiiForums mobile app
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Dom kwa akina babu mantonya sahau kura za upinzani.
 
Entim said:
+zambia, nigeria, usa, ukbrexit...hizo ni dalili kuwa umma hauyumbishwi kamwe! Ni swala la muda tu
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Mkuu siku umma ukikasirika mpaka ukaamua kuwaondoa hawa kijani madarakani....nadhani nitatoa chozi la furaha (mwaka wa 10 huu sijawahi toa chozi).
 
lusungo said:
Alianza kwa sifa saaana... oooh nchi ilioza...oooh kila mahali kuchafu.... oooh nchi hii ni tajiri ninyi watanzania hamkustahili kuwa mlivyo leo na bla bla nyiingi wameishia kula michango ya wananchi wao wa maafa ya Kagera!!!
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Lambix2!
 
tanga kwetu said:
huku mitaani (mijini na vijijini) ukisema uchumi umedidimia-unaungwa mkono kirahisi sana na hutahitaji nguvu kubwa kufafanua ila ukisema uchumi unakua aisee uwe umevaa helmet na ujue mlango/njia ya kutorokea maana unaweza kutupiwa kitu chenye ncha kali na wananchi na pia utahitaji kutumia nguvu kubwa saaaaaana kufafanua huo ukuaji
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Za kuzungusha ile tochi kuu mikoa yote yalitoka wapi?
 
Mafisadi kama akina Lugumi ni watu bora sana, tatizo ni wale ambao wanajadili maovu mbali mbali ya Serikali kama vile rushwa ya milioni 10 kwa Wabunge wa MACCM, ukosefu mkubwa wa madawa nchini, kudhulumiwa wahanga wa tetemeko pesa zao n.k. hawa sasa wamepewa jina la WACHOCHEZI!

Mlaleo said:
Tukiwashika Mafisadi Nchi Itayumba- Pinda
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BAK said:
9 hours ago
Revealed: Govt projects underfunded
Concerns are rising as development projects are being underfunded and revenue collection is falling.

In Summary
A Bank of Tanzania (BoT) report has established that the government released only Sh387 billion for development projects, down from Sh824.4 billion it planned for disbursement in September.

Earlier, MP Mwita Waitara (Ukonga — Chadema) said if government had not run out of money why it had failed to disburse the constituency funds to all seats.

“I would use the language that our leaders want to hear, that the government is financially sound. But if that is the case, then why the money, which is purely going to development projects in constituencies is yet to be issued? We have already made promises to our voters but we can’t honour them and now they think we are liars,” said Mr Waitara.

Prime Minister Kassim Majaliwa insisted that the government was financially sound.

He insisted that delayed disbursement of the constituency funds should not be taken as a sign of financial problems. “There are priority areas; but I assure all MPs that the money will be issued in due course.”

He also said the government had started issuing funds for development projects.


SOURCE: THE CITIZEN
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Waserikali wanafanya uhakiki kama kuna miradi hewa iliingizwa kwenye bajeti baada ya uhakiki watatoa fedha. Wadanganyika tuwe wastahamilivu na mkuu alishasema tumwamini na tumpe muda, miaka 41 haijatosha.
 
Eric Cartman said:
Saa zingine matamshi yao nadhani ni kwa sababu ya headline za magazetini tu lakini sio uhalisia; mwaka jana budget ilikuwa na deficit ya over 30% to what was actually met. Ata kama ingekuwa kweli wanaongeza mapato kipindi hiki sanasana uwezo wao ulikuwa ule ule tu wa 22tr/sh; lakini kwa akili zao wao na sababu wazijuazo wenyewe wanapanga mipango ya 29tr/sh sio kwamba ni ndoto kutokana na hakuna vyanzo vya ukusanyi bali kuna matumizi ya kujialumulia ya raisi ambayo hayakuwa kwenye budget kama haya mambo ya ndege.

Wala hakuna jipya zaidi ya hadithi za abunuwasi na kukata tawi alilokalia its a matter of time before the inevitable.
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Na kuhamisha serikali Dodoma pia
 
Mzalendo2015 said:
Nimemsikia Samia Suluhu yuko Mwanza anawaambia Halmashauri wakusanye kodi ili wajitosheleze na wasitegemee ruzuku toka Serkali kuu! Ni kitu ambacho hakitawezekana.
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Makusanyo ya ndani hata yakiwaje hayafiki 10% ya Recurrent expenditure acha miradi ya maendeleo.halafu walivyokuwa wanalazimisha maabara na madawati fedha zilibajetiwa,zilitoka wapi?
 
Mimi sio mchumi ila najua pale magomeni kota kulikuwa na mwekezaji alikuwa anasubiri government procedures awekeza pale kwa hela zake kutoka nje! How comes vihela vyetu vya tax collection tunaenda kuweka pale kwa makazi ya wstu ambao pia hawatalipa kodi??? Badala ya kuboresha madarasa na matundu ya vyoo? Sasa mzunguko wa hela unakuwa boosted na hela kutoka nje za wawekezaji! Waziri wa uchumi na mipango haoni hilo?
 
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