The government expects to collect more than 1.4 trillion/- in taxes and non-tax revenue this month.
The government puts such an effort so as to cut down donor dependency and reduce budget deficit.
The Minister for Finance and Planning, Dr Philip Mpango, told reporters, “the Tanzania Revenue Authority (TRA) is expecting to collect 1.28tri/- as tax revenue and the balance will come from non-tax revenue.”
“The needs are many but we will continue to work hard and should we need to borrow, then the government shall go for soft loans,” said the minister as he explained that 484bn/- will be used to pay salaries, including teachers’ arrears in 154 local councils.
Since the Fifth Phase government came to power, there has been improvement in tax collection each month. In November 2015, TRA collected 1.3tri/- after the Fifth Phase Government expressed its desire to up revenue collection figures.