Deni la Taifa sasa lafikia 39 trillioni

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Finance minister maintains national debt still appealing even as it clocks 38,716trn/-

By Sylivester Domasa

1st May 201


Finance Minister Saada Mkuya.

Finance Minister Saada Mkuya maintains that Tanzania's national public debt is no cause for concern despite announcing its ballooning to USD19.5billion (about 38,716trn/-) as of the end of March this year.

This is against general consensus among economists who are worried that the debt is growing out of control and placing a huge burden on the current and future taxpayers.

The finance minister released the figure yesterday in Dar es Salaam where she acknowledged that it represents a 4.2 per cent rise from USD18.7billion (27.12trn/-) at the end of March, last year.

Presenting the draft budget for 2015/16 before members of parliament, the minister attributed the changes to increased concessional loan and foreign debt interest arrears.

"Concerns have grown over the amount of debt we are accruing and its potential impact on the East African's second-largest economy," she admitted.

However she maintained that according to international standards, Tanzania local government debt and contingent liabilities are still flexible.

‘In line with the minister's reassurance, only two years ago in 2013 when the debt stood at 20trn/-, the World Bank (WB) said the liability had not reached an alarming point.

However, it must be noted that at that time, the WB also warned over the weight of the burden being too much for the public to shoulder.

Such is the concern of economists here at home who say the decision by the government to keep borrowing yet the national debt has steadily increased over the past few years is burdening the already saddled economy and its people.

That is not the view of the Finance minister who challenges the view and is of the opinion that the debt is still appealing.

"The loans acquired were directed to implement development projects and especially, infrastructures (roads), energy, transport, education and water," she explained.

Last year the Tanzania Coalition on Debt and Development (TCDD) warned over government's extended internal borrowing from local commercial banks which have high interest charges.

TCDD officials said the trend is very dangerous especially when some of the money is used to simply pay civil servants' salaries.
Meanwhile the finance minister also acknowledged yesterday that the Tanzania Shillings Exchange Rate against the US dollar depreciated by 9.9 per cent compared to other international currencies.

Against the Euro and Japanese Yen it depreciated by 26 per cent and 18 per cent respectively.

By comparison, the finance minister said the nation can take consolation in the fact that neighbouring shilling of Uganda and even the South African Rand depreciated by 15 per cent.

She explained that the US dollar gained against the TSH due to reduced exports, decrease of gold prices at the world market and increased demand of USD in external transactions.

SOURCE: THE GUARDIAN

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Na bado kuna miezi sita mpaka October, 2015. Watatumia pesa nyingi sana kulazimisha kura ya ndiyo ili kupitisha Katiba yao ya MACCM na pia kuiba uchaguzi na pia pesa nyingi ya wizi kwa hawa wanaomaliza awamu yao. Tusishangae kusikia December mwaka huu deni limepaa tena na kufikia 45 Trillioni au hata zaidi.

GENTAMYCINE said:
Ukimaanisha Kuwa Kwa Sasa Kila Mtanzania Anadaiwa Tsh Milioni Moko Na Laki Bee! Kazi Ipo.
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kwa bahati mbaya hatuna viongozi bora tuna watu tu holela kutoka majizi kadhaa yakipora nakuharibu kila kitu.

Niaibu sanasana.
 
Reactions: BAK
2005 wakati Kikwete anaingia madarakani deni lilikuwa 10 Trillioni miaka 10 baadaye limeongezeka kiasi hiki au sawa na ongezeko la 2.9 trillion kwa mwaka.

adolay said:
kwa bahati mbaya hatuna viongozi bora tuna watu tu holela kutoka majizi kadhaa yakipora nakuharibu kila kitu.

Niaibu sanasana.
Click to expand...
 
Hawa vilaza wanazungumzia barabara zipi wezi wakubwa hawa.

Niko safarini, about 10 km long of morogoro road around mlandizi ni mbovu vibaya sana. Wahasibu waache kuclassify ujenzi Wa kishenzi namna hii kama development expendisher
 
Mkuu BAK, just calm down. Nchi hii inaongozwa na mchumi kutoka chuo kikuu kinachoheshimika duniani UDSM na ana PhD na ni Profesa pia, waziri wa fedha mchumi grade A huku pale BoT akiwepo Profesa. Hawa wanajua wanachokifanya ambacho zaidi ya 98% ya Watanzania hatukielewi!
 
Reactions: BAK
dah alafu bado unakuta mtu anasema eti tuichague ccm kwa lip?poor ccm
 
Reactions: BAK
BAK said:
2005 wakati Kikwete anaingia madarakani deni lilikuwa 10 Trillioni miaka 10 baadaye limeongezeka kiasi hiki au sawa na ongezeko la 2.9 trillion kwa mwaka.
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wakati huo mimi mambo ya deni la taifa sikuyajua bali nilikuwa nikisikia kuwa hazina palikuwa na pesa za kutosha. Zaidi nakumbuka US $ 1 ilikuwa ikibadilishwa kati ya Sh. 650 - 750/-!
 
Waziri wa fedha mchumi mzee wa mabomu yuko wapi na masifa yake


swissme
 
Reactions: BAK
Ni kutafakari kwa kina ni vipi tunaweza kujikwamua kutoka hapa tulipo. Kupanda kwa Public Debt bila kuwa na miradi ambayo inauwezo wa ku-pay back deni hilo ni tatizo kubwa. Ni muda mzuri sasa viongozi wakatueleza ni lini na ni kwa njia ipi deni hili litaondoshwa kuliko kujisifu kwamba bado tunauwezo wa kukopesheka. Tatizo jingine ni kuwapa nyadhifa watu ambao uwezo wao ni mdogo kuliko majukumu waliyopewa.
 
Hebu Serikali ya CCM isione aibu. Ni vyema ikaweka tu wazi - TANZANIA YAFILISIKA RASMI. Uturuki, ndani ya EU, ilikuwa na angalau backup kutoka nchi matajiri washirika. Sijui sisi tutakimbilia kwa nani! Serikali ya CCM ilipigiwa sana kelele kuhusu kupunguza matumizi wakajifanya hamnazo na utetezi wa kijinga kuhalalisha upuuzi. Hayo ndio matokeo yake.
 
"The loans acquired were directed to implement development projects and especially, infrastructures (roads), energy, transport, education and water," she explained.

Supposedly...
 
Sangarara said:
Hawa vilaza wanazungumzia barabara zipi wezi wakubwa hawa.

Niko safarini, about 10 km long of morogoro road around mlandizi ni mbovu vibaya sana. Wahasibu waache kuclassify ujenzi Wa kishenzi namna hii kama development expendisher
Click to expand...

Ndg, ya kushangaza ni mengi sana. Sijui ni miradi ipi ya maji, elimu ipi iliyo gharimiwa kiasi cha kusababisha deni la taifa kupaa
 
Reactions: BAK
Hii shida yote inaletwa na uongozi mbovu. Nchikuongozwa na miburura, inayojali kuuza sura na matumbo yao binafsi, inaua taifa na kujenga matabaka.

Tunahitaji serikali itoe maelezo sahihi hizo fedha zimekopwa ajili ya nini na zimetumikaje. Haiwezekani kulibebesha taifa mzgio wa klipa madeni yasiyokuwa na tija kwa taifa.

Mfumo mbovu wa ukusanyaji kodi na matumizi mabaya ya raslimali za umma yanaongeza budgetary gapes. Uzandiki na uamuzi mbovu wa matumizi nje ya budget, umelifiksha taifa mahala lilipo.


Ninaomba ccm wapigwe chini, kwa lazima kabla hawajaendeleza ubadhilifu na uharibifu, ukizingatia sasa wanataka wajongezee muda wa kukaa madarakani ili wafisadi zaidi na kukamilisha upu.bavu wao wanaoupanga.
 
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