Tanzania: Government Pays Sh1.1 Trillion It Owes Pension Funds - News Summed Up

Tanzania: Government Pays Sh1.1 Trillion It Owes Pension Funds


Dodoma — The government has paid Sh1.1 trillion out of Sh1.4 trillion it owes pension funds, the parliament was told on Friday. In his question Mr Maige sought to know the status of debt that the government owes pension funds. Dr Kijaji revealed that the government is in discussion with the pension fund to settle the remaining amount. She was responding to basic question from Mr Maige, who sought to know when the government will table a Bill to the parliament to merge social security funds. "It is true that we are planning to merge social security funds; we are currently in consultation with stakeholders," said Ms Mhagama.


Source: The North Africa Journal May 12, 2017 07:52 UTC



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