TR warns underperforming public entities
The Tanzanian Treasury Registrar has warned underperforming public entities that they must meet profitability and dividend targets or face potential restructuring. The official emphasized that these entities are public assets and that failing to deliver returns is unacceptable.
Why it matters
This reflects a push for fiscal accountability and improved economic performance among state-owned enterprises in Tanzania.
DAR ES SALAAM: THE government has issued a stern warning to underperforming public entities, urging them to urgently improve their performance or face tougher action, including possible restructuring for persistently poor results.
The report provides a straightforward account of a government official's warning regarding public financial management.
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