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The Ministry of Finance in Tanzania plays a pivotal role in the economic governance of the United Republic of Tanzania. Established to manage the comprehensive financial affairs of the government, the ministry is tasked with overseeing revenue generation, expenditure, and financing, all of which are crucial elements in sustaining the country's ...
With the increased privatization drive by the government, in 2001 the Exchequer and Audit Ordinance, 1961 was repealed and replaced by the Public Finance Act, No. 6 of 2001. [4] The finance act was revised in 2008, and is the current mandate that provides the NAOT and the CAG its mandate, powers and independence. [5]
Portrait Minister Took office Left office President 1: Paul Bomani: 1962: 1965: Julius Nyerere: 2: Amir H. Jamal: 1965: 1972 3: Cleopa Msuya: 1972: 1975 (2) Amir H. Jamal
10 January 2022 (3 years ago) () Mwigulu Nchemba: Minister of Finance: 31 March 2021 (3 years ago) () Mahmoud Thabit Kombo: Minister of Foreign Affairs: 26 July 2024 (7 months ago) () Ummy Mwalimu: Minister of Health 10 January 2022 (3 years ago) () Hamad Masauni: Minister of Home Affairs: 10 January 2022
The Tanzania Revenue Authority (TRA) requires taxpayers in Tanzania to file their "return of income" each year before the 30th of June. The return of income is a document that taxpayers must submit to the tax authority, providing details about their income, deductions, and taxes owed for the specific financial year.
The IMF projects a GDP growth for Tanzania of +4.0% and +5.1% in 2021 and 2022, [33] and 6.0% in 2026. According to the World Bank, the GDP of Tanzania expanded by 4.6% in 2022, up from 4.3% in 2021. The value of Tanzania's GDP at current prices reached USD 105.1 billion in 2022. [34] The World Bank projects Tanzania's GDP growth to reach 5.1% ...
Ongoing – COVID-19 pandemic in Tanzania; 2022 Africa floods. 19 March – Twenty-two people are killed and 38 more injured during a bus–truck collision in Melela Kibaoni, Morogoro Region, Tanzania. [1] 24 March – The World Health Organization announces that a polio vaccination campaign will begin in Malawi, Mozambique, Tanzania, and ...
The social security scheme dates back to 1945 where all social security issues were handled by the NPF. The National Provident Fund Act was enacted in 1964 [6] and amended in 1968. [citation needed] The NPF became defunct in 1997 and the Act of Parliament No. 28 of 1997 replaced the NPF with the NSSF. [7]