Kibanga Ampiga Mkoloni
JF-Expert Member
- Aug 9, 2007
- 19,066
- 9,224
I usually find myself in mysterious situation when I correlate the pase as which the national debt is growing and the amount and quality of social services offered by the government!what actually does the government do with this huge amount of money which we borrow from whoever??
You have a point Osokoni that's what end up on their pockets!
Tuna serikali ya watu wehu na vilaza, haiwezekani tukawa tunaenda kukopa tuu kila wakati bila kuwa na mipango thabiti ya kufanyia kazi hiyo mikopo. Ni sawa sawa na mtu anayeenda kukopa fedha benki kwa sababu tuu mshahara wake unaruhusu kukopa alafu zikaishia kwa machangudoa na kilabu cha pombe. Ndo serikali yetu ilivyo.
High (&unrealistic) renting cost and fuel cost as it relates to transportation contribute to double digit inflation. We more often than none tend to overlook the the link between rent (pango) and inflation. Renting business shall be regulated, for it we cannot live with the status quo anymore.
I would like to see the shadow budget focus more on
a) Reduce the price of all type of oil
b)increase tax in all import goods
c)increase the price of cigarette &beer
d)Reduce government expenditure
e)focus more on private sector rather than gov sector, as giving more opportunity for research and self employed.
f)increase tax in our minerals and cut all misamaha ya kodi.
g)Increase the budget of higher learning and technology
6. The National Debt has drastically increased from TZS 7 trillions in 2009 to TZS 11 trillions in 2010 to a whopping TZS 22 trillions by march 2012. The costs for servicing this debt is the largest budget item in the proposed 2012/13 budget at TZS 2.7trillions is what we are paying this year to service our debt. This is equal to 34% of the whole budget for recurrent expenditure 21% of the total budget. Our nation's spiraling debt is bankrupting the future of Tanzania's children and put them at the mercy of our lenders.
The whole point looks pathetic in terms of the information offered unamaana ya kwamba energy prices affect the production prices as complimentary goods or those are just separate separate goods, if so how do they fit in one basket for measuring inflation.
1. Inflation which is largely contributed by food and energy prices (56.7% of the basket of goods and services with an inflation rate of 27%). Ideas on cutting inflation and hence prevent further deterioration of our poor people's income are largely welcome.
2. Unemployment especially youth unemployment is a mammoth challenge in our country. Tanzania's phenomenal growth (economic growth) has not had a trickle down effect and in turn not translated into enough jobs which has increased the potential of a demographic bomb instead of dividend of having more young people and hence larger work force.
Ngoja naenda kwenye barbecue nntarudi mungu akipenda kumalizia hizo point zingine jamaa anataka kuniacha hapa, kwetu leo holiday .3. Reducing the current account deficit by cutting down on Imports & increasing Exports. Statistics shows that by the year ending March 2012 Tanzania import bill totalled USD 12.6bn while exports were a mere USD 6.9bn. The current account deficit stands at incredible USD 5.2bn! Tourism and Transport sectors have the potential of being even bigger forex earners as well as the proposed gas fired electricity generation would help cut down imports. Ideas in this area are needed.
5. More domestic revenue to finance development projects that are badly needed. By closing tax loopholes and reigning in on tax exemptions. Simultaneous cuts in recurrent spending and scaling up of development spending would foster strong growth.
6. The National Debt has drastically increased from TZS 7 trillions in 2009 to TZS 11 trillions in 2010 to a whopping TZS 22 trillions by march 2012. The costs for servicing this debt is the largest budget item in the proposed 2012/13 budget at TZS 2.7trillions is what we are paying this year to service our debt. This is equal to 34% of the whole budget for recurrent expenditure 21% of the total budget. Our nation's spiraling debt is bankrupting the future of Tanzania's children and put them at the mercy of our lenders.
Your ideas to help us improve the budget in order to foster growth and poverty eradication will be taken very seriously. Be part of transformation you want to see for Tanzania.
Mimi langu ni hapo tu kwenye RED.