Tanzania: Salary delay raises speculation about financial crisis
10.05.2011
The Tanzanian government has denied that it is broke even, as analysts view the current situation as giving hints that the country is going through a financial crisis. Finance and economic affairs minister Mustafa Mkulo was refuting claims by Kigoma North MP Mr Zitto Kabwe who is also Finance shadow minister, who was quoted in the media at the weekend as saying the government was in 'dire financial straits' that has forced it to resort to borrowing to pay salaries. Kabwe had said the government delayed the April salaries to most of its workers. The Citizen established that a number of state employees had their April salaries delayed.