Tanzania Spent Sh7.98 Trillion Servicing Domestic, Foreign Debts in 2018/19

Dar es Salaam — The government spent Sh7.98 trillion for servicing its debts from July 2018 to April 2019, Finance and Planning minister, Dr Phillip Mpango told the Parliament.

Dr Mpango made the statement on Thursday, June 13, 2019, when tabling the 2019/20 budget, noting that during that period a total of Sh22.19 trillion including Sh529.25 billion collected from the local governments was disbursed.

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