Wednesday 11 November 2015

Tanzania's Newly Sworn-In President Orders Restrictions On Foreign Trips By Government Officials, Cuts In-Tax Exemptions!

It is no longer news how public officials in African countries over the years have earned the reputation of making frequent trips abroad at the slightest possible escuse, and for flying in first or business class at taxpayers' expense.


Tanzania, a country that is one of the biggest per-capita aid recipients in Africa has it's fair share of this norm that has left African countries further impoversihed through unaccountable, reskless spendings by its top officials.  It is therefore in an effort to curb this, double the east African country's monthly revenue collection to 1.8 trillion shillings ($843 million), create more jobs and accelerate economic growth over the next five years, that Tanzania's President, John Magufuli, who was sworn into office on November 5th as Tanzania's fifth president, ordered restrictions on foreign trips by government officials and cuts in tax exemptions, a move that signals the potential start of fiscal belt-tightening measures by his government.



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