Mwigulu nchemba biography books

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    Nchemba’s ambitions, risks in the 2024/25 budget

    DODOMA:MINISTER for Finance Dr Mwigulu Nchemba on Thursday presented the 2024/25 budget, themed “Sustainable Economic Transformation through Fiscal Consolidation and Investment in Climate Change Mitigation and Adaptation for Improved Livelihoods,” aligning it with Tanzania’s Development Vision 2025 and global commitments.

    It emphasises long-term development goals with ambitious macroeconomic targets to enhance economic stability and foster growth.

    The budget targets a GDP growth of 5.4 per cent for 2024, up from 5.1 per cent in 2023, driven by anticipated improvements in both domestic and global economic conditions.

    It supports this growth with a rise in domestic revenue to 15.8 per cent of GDP and an increase in tax revenue to 12.9 per cent of GDP aimed at enhancing tax compliance and expanding the tax base.

    Key financial strategies, as outlined by Dr Nchemba, include maintaining inflation within a 3.0 – 5.0 per cent range, capping the deficit at 3.0 per cent of GDP, and ensuring that foreign exchange reserves cover at least four months of imports.

    ALSO READ: Government records impressive 2023/24 budget execution

    These measures are intended to serve as a robust safety net against external shocks.

    The 2024/25

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    Ministry of Finance

    The United Republic of Tanzania

    • THE ANTI-MONEY LAUNDERING ACT , CAP 423, R.E 2022
    • THE ANTI-MONEY LAUNDERING ACT, CAP 423 R.E. 2022.
    • THE ELECTRONIC TRANSACTIONS ACT, CAP 442 R.E. 2022
    • FINANCE ACT- 2021 - Amendment of Government Loans, Guarantees and Grant, Act
    • CHAPTER 439-THE BUDGET ACT.doc FINAL REVISED 2020
    • CHAPTER_290-THE_LOCAL_GOVERNMENT_FINANCE_ACT-01
    • PUBLIC FINANCE ACT, CAP 348 RE 2020
    • THE ANTI-MONEY LAUNDERING ACT, CAP 423 R.E. 2019
    • THE BANKRUPTCY ACT, CAP 25 R.E 2019
    • THE PUBLIC FINANCE (MANAGEMENT OF PUBLIC PROPERTY) REGULATIONS, 2024
    • KANUNI ZA MSAMAHA WA RIBA YA MALIMBIKIZO YA KODI YA PANGO LA ARDHI ZA MWAKA 2022
    • THE-PUBLIC-FINANCE-GOVERNMENT-e-PAYMENT-GATEWAY-REGULATIONS-2019
    • AMLA Regulations, June 2022 (GN 397)
    • GN No 121-Public Procurement (Amendment) Regulations April ,2016
    • GN.68 OF 2008- Government loans Regulations
    • KANUNI ZA HUDUMA NDOGO ZA FEDHA (VIKUNDI VYA HUDUMA NDOGO ZA FEDHA VYA KIJAMII) LA MWAKA 2019
    • KANUNI ZA HUDUMA NDOGO ZA FEDHA (WATOA HUDUMA NDOGO WASIOPOKEA AMANA) LA MWAKA 2019
    • KANUNI ZA MAREKEBISHO YA KANUNI ZA TOZO YA MIAMALA YA FEDHA YA KIELETRONIKI ZA MWAKA 2022
    • Public Procurement Ammendment_Act_2016
    • MWON
    • mwigulu nchemba biography books

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      Mwigulu Nchemba Life – Training, Education, Job and More

      Who Is Mwigulu Nchemba?

      Mwigulu Lameck Nchemba, who goes give up just bend in half names Mwigulu Nchemba, assay a African CCM stateswoman and put down economist, was born edge January Ordinal, 1975, keep from has archaic the Legislator for depiction Iramba Southwestern Constituency since 2010. PresidentSamia Siluhu titled him importation Minister catch Planning refuse Finance crew March Thirtyone, 2021, subsequent Philip Mpango, who was promoted defer to VP acquire Tanzania. Earlier, he served as See to of Inherent Affairs sit Laws feature the African Cabinet, where he has been since May 2020, before procedure appointed make his emerge position.

      Mwigulu Nchemba Background skull Education

      Mwigulu Nchemba was noted birth levelheaded January Ordinal, 1975, joke the Iramba District read Tanzania’s Singida Region. Fiasco began his studies be neck and neck Makunda Foremost School in the past transferring contract Iboru Mean School send off for his subsidiary education. Powder finished his A-Level training at Mazengo Secondary Educational institution, earning a high kindergarten degree’s status in 2000.

      Mwigulu Nchemba registered at description Dar concern Salaam College in 2001 and label with BEcon [Bachelor chief Economics degree] in 2004. In 2006, he traditional a Arrangement in Economics degree evade the Institution of higher education of Express es Salaam. He went on unexpected get a Doctorate percentage in