Government outlines budget priorities as debt servicing hits Sh15.1 trillion
Tanzania, June 3 -- Dar es Salaam. The government has set out eight key priorities for the Ministry of Finance in the upcoming financial year, focusing on macroeconomic stability, improved revenue mobilisation, debt management and the adoption of digital and data-driven systems in public financial administration.
Presenting the ministry's plan and budget priorities in Parliament, Minister for Finance Khamis Mussa Omar said debt servicing remained a key focus area, with the ministry expected to allocate Sh15.1 trillion for the payment of matuAAring principal and interest, in line with contractual obligations and efforts to sustain investor confidence in regional and international financial markets.
In addition, the government will set as...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.