Browsing: Finance Minister Mwigulu Nchemba

Tanzania Mainland and Zanzibar to receive U.S.$ 550 million in a concessional loan to improve its Maternal and Child Health programme. Photo/World Bank
  • U.S.$304.93 million will go to supportive programmes in sustainable rural water and sanitation
  • 300 million US dollars is the International Development Association (IDA) concessional loan
  • Another US$ 25 million is also part of the grant money, but this time from the Global Financing Facility for Women Children, and Adolescents Multi-Donor Trust Fund.

Tanzania is to receive U.S.$ 550 million in a concessional loan to improve its Maternal and Child Health programme.

The World Bank loan comes along with a side package of U.S.$ 29.93 million in grant money, the government has reported.

Finance Minister, Hon. Mwigulu Nchemba issued a statement to media specifying the funds’ planned disbursement as follows: U.S.$304.93 million will go to supportive programmes in sustainable rural water and sanitation and U.S.$275 million will go directly to maternal and child health programme.

Of this money, 300 million US dollars is the International Development Association (IDA) concessional loan and