Tanzania stays the course on rail, power; terms debt 'sustainable'
Tanzania stays the course on rail, power; terms debt ‘sustainable’ Monday June 14 2021 Tanzania Minister of Finance Mwigulu Nchemba ahead of presenting budget estimates for 2021/22. PHOTO | EDWIN MJWAHUZI Advertisement Tanzania passed a Tsh36.36 trillion ($15.61 billion) budget for 2021/22 with just 37 percent of the total budget (Tsh13.33 trillion or $5.75 billion) going towards development expenditure. An estimated 8.1 percent of the new budget (Tsh2.96 trillion or $1.27 billion) will be covered by grants and concessional loans from development partners through either direct project fi...