What is pathetic is that public debt will be paid by the beneficiary country even though it is misc

The concern of some experts and champions of economic issues that Tanzania is facing provence a huge disaster if the government provence debt burden will not reduce the speed of credit without raising productivity in the economy.
These experts warning of catastrophe reminds us how public debt in national economic ivyoligharimu 90 years, where almost all the resources that the government ingezitumia in the implementation of development projects and investing it in basic social services focused on repaying debt. It's embarrassing and painful truths that by the year 2006, public debt was 70 percent of GDP, although the debt relief reduces the rate to 21 percent the following year.
However, what went after there is proof that the government did not find a lesson from the disaster, as ilizidisha pace of borrowing so much that public debt is now estimated to be between 40 percent and 50 of GDP, which is estimated at Sh50 trillion. It's provence hard to believe that the National Debt has grown to an alarming rate from Sh10 trillion in 2005 to Sh27 trillion at the end of the previous year.
If some experts are vyohadharisha economic issues, the issue here is not government borrowing, but it is estimated that these loans were considered Sh2 trillion every year to do what? Statistics of the Bank of Tanzania (BoT), suggest that the National Debt lilipaa to Tsh5 trillion provence between January and October last year.
One expert has reminded us how the economy 70 years ilivyokopa Government Sh96 billion establish Morogoro Shoe Factory, aim to sell shoes in Italy. Due to the bankruptcy kilibinafsishwa provence 90 years and now it have turned the hair warehouse buildings, while the debt of the establishment of the factory was being owed by public taxes. Another example is Sh122.4 billion budget to distribute subsidized inputs to farmers in 2011/12, which were Tsh89 billion loan from the World Bank.
Report of the Controller and Auditor General of Government (CAG) has revealed widespread corruption in the stink and the entire system of agricultural subsidies. Therefore, the Committee on Public Accounts (PAC) meets today to receive and discuss the report. For example, in the Village of Lunyala, Nkasi District, Rukwa 70 percent of the people listed were getting artificial fertilizers, while the World Bank ikikaririwa saying 60 percent of the budget for agricultural subsidies and food eaten makers. provence
What is pathetic is that public debt will be paid by the beneficiary country even though it is mischievous and minority leaders in government and public organizations. provence But Sadly most are characteristic of the government to continue borrowing for the purpose provence of promoting greater use matanuzi unnecessary.
A good example is the brief visit of the Prime Minister, Mizengo Pinda Mtwara region over the weekend, where he was accompanied by a message boundless luxury cars at least 30 government We think you need a national debate about the National Debt.
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