70% of Revenue from Special Development Funds to Directly Support Infrastructure Projects
Latest Tanzania finance news · 70% of Revenue from Special Development Funds to Direct… explained · updated Aug 10, 2026 · economy news · GDP · investment
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.
- He said the government was committed to ensuring that funds for infrastructure projects are made available reliably and on time to facilitate efficient implementation of the projects.
- 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.
- He cited infrastructure bonds as one of the financing mechanisms that could be used to increase the availability of funds for major projects without relying solely on the gradual collection of domestic revenue.