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Tanzania's Debt: Fueling Growth or Squeezing Citizens | Tanzania News
Tanzania’s 2026-2027 budget is sparking fierce debate: is it truly advancing development or just fueling government expenses? With debt soaring past 114 trillion shillings, critics warn that servicing it eats up more revenue than health and water budgets—leaving citizens squeezed. While global metrics say the debt is manageable, locals see a different reality: mega-projects like the hydropower dam and railway aren’t yet paying off, forcing taxpayers to foot the bill. Experts argue true development must uplift everyday lives, not just build infrastructure that’s unaffordable or inaccessible…
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