Lastly, Sh23.1 billion has been scheduled to extend the Covid-19 economic stimulus package (ESP) announced in last year’s budget. Unemployment remains the most worrying situation in the region and needs to be tackled by both strategic, private-public sector programs and investments. The regional budgetUganda had a budget of 12.61 billion dollars (that’s about USh44.7 trillion) and Hon Amos Lugoloobi, the State Minister for Finance delivered it as anticipated. In Tanzania, Minister of Finance and Planning Dr Mwigulu Nchemba perfectly delivered the 15.59 billion dollars (about TSh36.32 trillion) budget. In general, Tanzania’s 2020/21 budget focused on compelling the government to ensure enabling environment for investment and business.

Source: Standard Digital June 13, 2021 14:15 UTC