Tanzanian president John Magufuli. Finance Minister Philip Mpango says that the government had anticipated the move and was prepared with alternative funding. PHOTO | AFP
The Tanzanian government has said the decision by American agency Millennium Challenge Corporation (MCC) to cancel $472 million (about Tsh1 trillion) in funding to the country did not come as a surprise.
Finance Minister Philip Mpango told The Citizen yesterday that the government had anticipated the move and was prepared with alternative funding.