Thursday, June 12, 2008

East Africa 2008/09 Budget Speeches

Tanzanian Minister for Finance and Economy, Hon Mkullo, on Thursday 12Jun08 at 4 pm matched into the parliament hall with the familiar black attache that contained the budget for the coming FY. Presently it was read out. Predictable, I'd say. With fuel prices having almost doubled since the last budget speech, there was no question of squeezing more tax out of petrol without causing major uproar, so it was let to stay.

Road licences too were reviewed downward, the former lady minister banished an average-income person from owning even a motorbike by the high annual fees.

I would have liked to hear a word from him about the amount of money expected to be recovered from multi-million dollar string of fraudish deals now under investigation, but nothing of sorts.

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