Ministry of Finance and Planning (Tanzania)

The Ministry of Finance and Planning is a government ministry of Tanzania.

Ministry of Finance and Planning
Wizara ya Fedha na Uchumi  (Swahili)
Ministry overview
Formed1964
JurisdictionTanzania
HeadquartersMadaraka Avenue, Dar es Salaam
6°48′0″S 39°17′42″E
Minister responsible
Deputy Ministers responsible
Ministry executive
Websitewww.mof.go.tz

It "manages the overall revenue, expenditure, and financing of the Government of the United Republic of Tanzania and provides the Government with advice on the broad financial AFFAIRS of Tanzania in support of the Government's economic and social objectives."[1] Its duties include "preparing the Central Government budget; developing tax policy and legislation; managing Government borrowings on financial markets; determining expenditure allocations to different Government institutions; transferring central grants to local governments; developing regulatory policy for the country's financial sector in cooperation with the Bank of Tanzania[,] and representing Tanzania within international financial institutions."[1]

The ministry is located in Dar es Salaam[2] and is headed by Minister William Mgimwa.[3]

History

The ministry was previously known as the Ministry of Finance and Economic Affairs.

List of Ministers

See also

References



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