Tanzania 2011-12 budget, my views

By Jackie Karanja: The budget has many interesting aspects, but one that I believe was most commendable was the minister indicating that they would be taking a confessional loan of 127bn/- from the financial markets in Tanzania for infrastructure developments is an indication that the financial markets have growth commendably that they can provide such assistance to government. It also a commitment of these investors staying in this market for a long time, unlike some of the players in the tourism market leave every 10years. Of course implementation of these projects and correct use of the funds is most critical.
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