PRESIDENT Samia Suluhu Hassan has launched a 1.3tri/- stout development programme that would transform the nation in different sectors mainly in education, health, water and tourism sectors.
However, she warned off swindlers, saying she won’t spare anybody, who will chop any shilling from the money.
She said any government official who will misuse, misallocate or embezzle the funds will discover her true colours.
President Samia stated this on day at an event to launch Socioeconomic Response Plan (TCRP), which entails how the country will spend 567.25 million US dollars (about 1.3tri/) the International Monetary Fund (IMF) supported funding in the development programmes for prosperity and fight against Covid-19 pandemic.
The programme which will be implemented for nine months aims to boost the country’s economy, following the effects of Covid-19 pandemic, which adversely affected the economy.
According to the Head of State, Tanzania secured a concessional financial assistance from the IMF through Rapid Credit Facility (RCF).
RCF provides rapid concessional financial assistance with limited conditions to lowincome countries (LICs) facing an urgent balance of payments need.
The RCF was created under the Poverty Reduction and Growth Trust (PRGT) as part of a broader reform to make the Fund’s financial support more flexible and better tailored to the diverse needs of LICs, includ- ing in times of crisis. The RCF places emphasis on the country’s poverty reduction and growth objectives.
Speaking at the official event to launch the nine-month ambitious programme, President Samia said the money would revolutionalise the country especially on education and health sectors as the government would implement several projects which would bring impact in the country’s economy.
The event was attended by top officials including Vice- President, Dr Philip Mpango, Zanzibar President Dr Hussein Mwinyi, Prime Minister Kas- sim Majaliwa and Speaker of the National Assembly, Job Ndugai, among others.
At a colourful event, the presi- dent directed Prime Minister Kassim Majaliwa to ensure all District Executive Directors (DEDs), Dis- trict and Regional Commissioners (DCs and RCs) make sure that the projects were timely implemented as well as considering value for money.
Equally, she directed that there should be district and regional committees which will be keeping eyes on how the money was being spent.
She said that the Prime Minister would lead the national committee on the implementation of the projects.
She also tasked the Controller and Auditor General (CAG) and the Internal General Auditor to make sure that they conduct auditing of the projects, insisting that whoever would swindle the money would face the music.
“I won’t spare anybody who will chop any shilling from this money and whoever will do that will know that my skin colour is not brown just as many of you may think,’’ she raised a red flag.
Furthermore, the Head of State asked the parliamentary commit- tees to trace all the projects which will be implemented by making frequent visits on different sites in order to see if value for money was being considered.
In order to fast track the imple- mentation of the projects, the president directed that because they will be implemented within nine months, tendering processes for contractors should opt for single source during bidding processes, directing the Public Procurement Regulatory Authority (PPRA) also to opt for single source procurement system.
At the event, president Samia took time to outline key achievements that she had so far attained during the first six months of her presidency.
Among them are in ar- eas of Defence and Security, where as she insisted that the country continues to enjoy peace and tranquility, which is key in any country for economic stability.
Other areas that had recorded achievement include reducing about 11 Union hurdles within the past six months.
She further said the country’s economy which had been adversely affected by Covid-19 also grew from 4.0 to 4.3 per cent, while between April and September 2021, inflation remained at a single digit of between 3 and 4 per cent.
“During the past six months, the country managed to improve several sectors including agriculture, livestock and fishing, mining, tourism, energy, information and communications, water and environment among others,’’ she said.
According to her, even the country’s flagship projects are progressing well including the Julius Nyerere Hydropower Proj- ect (JNHPP), Standard Gauge Railway (SGR), Hoima- Tanga Oil Pipeline, bridges and flyovers, among others.
She also said Tanzania had also strengthened its relations with its neighbours and the international community in order to bolster diplomatic ties.
This, according to her, was the main reason as to why the IMF decided to provide financial assistance under the RCF in an outright loan disbursement.