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EN
Campaign Budget
['Charles Rukuni', 'The Insider Is A Political', 'Business Bulletin About Zimbabwe', 'Edited Charles Rukuni. Founded In', "It Was A Printed Subscription Only Newsletter Until When Zimbabwe'S Hyper-Inflation Made It Impossible To Continue Printing."]
The Insider
IN what has been described largely as a campaign budget aimed at boosting the fortunes of the ruling Chama Cha Mapinduzi as the country heads towards a multi-party system, Tanzania’s 1992-93 budget presented last month saw the reduction of various taxes, increases in salaries of civil servants and plans to trim the civil service.
Tanzania, once the hallmark of socialism under its first President, Mwalimu Julius Nyerere, has been quietly moving towards a multi-party system.
Nyerere was one of the few African leaders to step down from power voluntarily to give a chance to younger men.
Pension schemes will not be taxed and customs and sales taxes have been lifted on all raw materials bought either locally or from abroad.
Civil servants’ salaries were increased by between 15 percent and 42 percent with the minimum salary being increased from 3 500 shillings to 5 000 shillings a month.
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