324 Billion TZS Released to Development Funds in July

TLDR

• In July alone, a total of 324bn/- was released to various development funds, of which 76bn/- was transferred directly to the Road Fund.
• However, he said the government had introduced systemic reforms in the financing of such projects by deciding that 70 per cent of revenue collected through special development funds would be channelled directly to the.
• According to the minister, delays in the disbursement of funds for development projects have been a longstanding challenge, resulting in delays in the implementation of some road projects and other infrastructure.