Currency Crisis: BoT and MoF, issue a statement!

Currency Crisis: BoT and MoF, issue a statement!

I think the funds they have withheld are under the general budget support which goes directly to the government coffers.

yes this is true,

misaada mingine, inajumuishwa kwenye budget, ila inaenda kwenye miradi moja kwa moja, haipiti Hazina, hii ninaamini taendelea kuwepo.
kwani iko stratergically kwao wahisani pia.mfano USAID, wanaitumia hii kama coverup za economic intelligence unit yao.same as DFID and JICA, KOICA etc
 
Badala ya kutengeneza viwanda kuongeza ajira nchini tuuze nje ya mipaka yetu, sera mpya ya CCM (Kinana) ni kuwapa vijana bodaboda (imported) ziwafanye vilema.


Yaani ungekuwa karibu ningekushika mkono!! Can you imagine January Makamba anafanya kampeni ya Urais kwa ku encourage vijana waendeshe bodaboda bila INSURANCE! HAHA! Huyo ndiye rais ajaye wa nchi yetu!!! Hawezi kubuni miradi wala hana PROGRAME ya kampeni dadadaddaddadadaddaaaaa! hii ndiyo Tanzania.


 
Bot can only provide short term measure but the truth remains foreign currency regulations is a function of supply and demand
I am agree and disagree with you!! BOT can also regulate the market by intervene on Supply of Foreign Currencies!!
 
I totally agree with Mchungu. If the MoF or the Bank of Tanzania was serious or proactive than they would had issued a statement immediately. It seems they dont understand or are some how involved. As I mentioned earlier the state or the fundementals of the economy sid not change in a period of one.month. The mkt closes at 1714*18 today yet the CB was quiet. It clearly shows that our reserves have been depleted by our politicans-all these corrupt leaders have pretty much slhave bankrupted the central bank.

the Deputy Ministry of Finance is known to be close tp the commonman but yet he is quiet. He should had been the first person to instruct the Governer to intervene.

GOD BLESS TANZANIA

They dare not issue any statement unless you mean a "false statement"!! Otherwise how do they explain the inept fiscal management, ostentation, political thuggery and mismanagement of natural resources and national coffers?! The nation is tittering on the brink of collapse! God save our motherland.
 
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