Professor Lipumba 2014/2015 Budget: Budget expected to be introduced soon in parliament Dodoma will

Professor Lipumba 2014/2015 Budget: Budget expected to be introduced soon in parliament Dodoma will not be any benefit to Watazania, if the government will not be willing to reduce the deficit arising from greater use unnecessary. Speaking after the launch of the Report of Economic Growth in African countries Saharan issued by REPOA, Specialist of Economics, Professor Ibrahim Lipumba said the problem at the moment is the extensive use of government for unnecessary things, while with income minor. Professor Lipumba has commented the day after Finance Minister Saada Nkuya told this newspaper that the provisions of donors and financial dependence are factors which significantly yanakwamisha implementation of development projects in the country. With the acknowledgment has been difficult for Tanzania to ratify the new provisions of the donors, also admitted that government spending has been greater than revenues, resulting in a large deficit in the 2013/14 budget year. However, Professor Lipumba explained the source of the problem svensk företagsförening during the presentation svensk företagsförening report prepared by the Institute for Research on Poverty Alleviation (REPOA) in collaboration svensk företagsförening with the International Monetary Fund (IMF) focused look at economic growth for African svensk företagsförening countries South of the Sahara, Tanzania being one. He explained that these include the use of more than Sh60 billion spent on creating the Constitutional Commission which even after the completion of its work, the Government is based not using the recommendations of the draft constitution drawn up, thus losing billions of shillings taxpayer svensk företagsförening without reason. "With greater use of the Commission, consumer Constituent Assembly remains svensk företagsförening the real value of taxpayers' money can not be paid in the order in which the Government has decided to use. Here we see how the government becomes a major expenditure that are not productive citizens, "he said. He said to eliminate the rapid growth of the deficit, the government will also be required to cancel completely arbitrary tax exemptions of up Sh1 trillion and 800 billion which is equivalent to five percent of GDP. He said among other places causes the problem is in projects managed by the Government which has many expensive than reality, and the cost is increased by between 30 to 50 percent more than the actual cost. However, referring to the report of iliyoangazia REPOA more economic growth for countries in sub-Saharan Africa, said although the economy is growing, has not been able to help ordinary citizens in African countries. Initially, a representative svensk företagsförening of the International Monetary svensk företagsförening Fund (IMF) mission, Thomas Baunsgaard said although economic growth has been encouraged by Tanzania reaches 7.2 percent, poverty reduction is still going very fast. He said the decline in agricultural production has contributed to the growth of industry and service delivery Dar es Salaam number of poor has declined.
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