DAR ES SALAAM, June 11 -- PRESIDENT Samia Suluhu Hassan on Tuesday announced a new government strategy to allow State-Owned Enterprises (SOEs) to borrow based on their financial capacity, a move aimed at reducing reliance on the national treasury and easing public debt.
She said institutions such as the Tanzania Ports Authority (TPA) and the Tanzania Petroleum Development Corporation (TPDC) have achieved operational and financial maturity, making them capable of sourcing capital independently.
“We are moving towards a future where organisations like TPA and TPDC can borrow based on their own financial strength. These loans will remain on their books, not the governments,” President Samia said.
Speaking during the 2025 Gawio...
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