Home TANZANIA NATIONAL DEBT REACHES 78 TRILLION SHILLINGS:

NATIONAL DEBT REACHES 78 TRILLION SHILLINGS:

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NATIONAL DEBT REACHES 78 TRILLION SHILLINGS: According to Central Bank of Tanzania (BOT) figures the national debt has now reached 78 trillion shillings four months ago since the Ministry of Finance presented its 2021/22 Budget of 12.9 trillion shillings to parliament in Dodoma while allocating Shs 10.673 trillion to pay off the national debt and other services.

In the 2020/21 budget, the Ministry was approved 10.477 trillion shillings for national debt and other services where up to April this year had been paid 7.426 trillion shillings.

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