Tanzania’s austerity measures slow down implementation of projects
Tanzania plans to spend Tsh31.7 trillion ($13.9 billion) in the fiscal year 2017/18, but may face hurdles in implementation because of revenue shortfalls.
A range of austerity measures implemented by the government in the past year have led to a shortage of cash in the country and reduction of jobs in the public and private sectors. For example, measures that were aimed at curbing tax evasion at the port of Dar es Salaam have led to closure of several inland container depots (ICDs).
