Kafrican
JF-Expert Member
- Jan 26, 2015
- 7,251
- 7,037
Mnasamehewa madeni ya $14M only alafu mnakuja hapa kupiga Kelele!
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DAR ES SALAAM, June 11 (Xinhua) -- Tanzanian President John Magufuli on Thursday thanked the International Monetary Fund (IMF) for approving a 14.3 million U.S. dollars debt service relief amid the COVID-19 pandemic.
He said the IMF has approved the debt service relief to the east African nation at the right time.
"I will write to the IMF managing director to thank her for approving the debt service relief on behalf of Tanzanians," Magufuli said in an address televised live by state-run Tanzania Broadcasting Corporation.
"Some of the money under the debt service relief will be used to fight the COVID-19 pandemic," he said shortly after he had laid the foundation stone for the construction of a 51.2 kilometers road in the new government satellite city in the capital Dodoma.
The road construction was being undertaken by China Henan International Cooperation Group, said Victor Seff, chief executive officer for Tanzania Rural and Urban Roads Agency.
In a statement released on Wednesday, the IMF said it has approved a grant under the IMF's Catastrophe Containment and Relief Trust to cover Tanzania's debt service falling due to the IMF from June 10, 2020, to October 13, 2020, the equivalent of 14.3 million dollars. Enditem
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Yani Tanzzania nchi ya maziwa na asali inashindwa kulipa $14Million debt hadi msamehewe!
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DAR ES SALAAM, June 11 (Xinhua) -- Tanzanian President John Magufuli on Thursday thanked the International Monetary Fund (IMF) for approving a 14.3 million U.S. dollars debt service relief amid the COVID-19 pandemic.
He said the IMF has approved the debt service relief to the east African nation at the right time.
"I will write to the IMF managing director to thank her for approving the debt service relief on behalf of Tanzanians," Magufuli said in an address televised live by state-run Tanzania Broadcasting Corporation.
"Some of the money under the debt service relief will be used to fight the COVID-19 pandemic," he said shortly after he had laid the foundation stone for the construction of a 51.2 kilometers road in the new government satellite city in the capital Dodoma.
The road construction was being undertaken by China Henan International Cooperation Group, said Victor Seff, chief executive officer for Tanzania Rural and Urban Roads Agency.
In a statement released on Wednesday, the IMF said it has approved a grant under the IMF's Catastrophe Containment and Relief Trust to cover Tanzania's debt service falling due to the IMF from June 10, 2020, to October 13, 2020, the equivalent of 14.3 million dollars. Enditem
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Yani Tanzzania nchi ya maziwa na asali inashindwa kulipa $14Million debt hadi msamehewe!