DAR ES SALAAM
Tanzania (Xinhua) -- Tanzanian
Minister for Finance and Planning Philip Mpango admitted in
parliament on Monday that new loans secured by the government
for implementation of mega projects was among reasons
contributing to an increase of the national debt.
Mpango said the national debt increased from 49.86 trillion
Tanzanian shillings (about 21.7 billion U.S. dollars) in April
2018 to 51.03 trillion shillings in April 2019.
Asking parliament to approve his ministry’s 11.9 trillion
shillings budget estimates for the 2019/2020 fiscal year, Mpango
mentioned mega projects including construction of the terminal
III of the Julius Nyerere International Airport in Dar es Salaam
and the standard gauge railway.
However, he said, the national debt that increased by 2.35
percent during the last 12 months was sustainable, adding that
of the total debt, 13.25 trillion shillings was secured
domestically while 37.78 trillion shillings was sourced from
outside the country.
Mpango told the House in the capital Dodoma that the ministry
evaluated the national debt annually to measure its
He said in 2018/2019, the government allocated 1.41 trillion
shillings for payment of domestic loans’ interests.
Mpango added that the government allocated 1.66 trillion
shillings for payment of foreign capital debt and that 1.23
trillion shillings has been paid by April 2019, which is
equivalent to 74.10 percent of the target.
Tanzania to start
auctioning 26 hunting blocks electronically
ARUSHA, Tanzania (Xinhua) --
Tanzania’s hunting blocks will be placed
on sale through online bidding portal on June 10, a senior
official said on Monday.
Imani Nkuwi, the deputy Commissioner of the state-run
Tanzania Wildlife Management Authority (TAWA) said that the move
is meant to enhance transparency and curb corruption in the
country’s tourism industry.
Nkuwi said TAWA is currently conducting special training for
local tour operators and safari hunting firms on how to log into
the Minister of Natural Resources and Tourism portal, and place
He said that through the open online bidding, values of
hunting blocks will be market-driven and determined by buyers
who win tenders.
"This time it won’t be the government deciding how much a
particular block costs, but the buyers themselves will compete
against each other to bid for the plot," Nkuwi said.
According to Nkuwi, the first phase of online auction is
scheduled to run from June 10 to June 17, as a total of 26
hunting blocks will be put up on sale.
Tanzania has 160 potential hunting blocks but 78 are
occupied, leaving 82 blocks that will be put on sale through
electronic bidding system in three phases.
The second auction is expected to be held in September.