Finance fishing boats

Tanzania to boost agriculture, livestock and fisheries budgets to boost economic growth

growth

The Tanzanian government intends to increase budgets for agriculture, livestock and fisheries to enable these sectors to help boost economic growth, a minister said on Saturday.

Mwigulu Nchemba, the East African nation’s finance and planning minister, said the government will increase budgets for these sectors in the 2022/2023 financial year which will run from July 1, 2022 to 30 June 2023.

A Ministry of Finance and Planning statement released in the capital Dodoma said Nchemba revealed plans to increase budgets for agriculture, livestock and fisheries during his talks with the Minister of Livestock and Fisheries, Mashimba Ndaki.

“Increased budgets for agriculture, livestock and fisheries will also enable farmers, herders and fishers to improve their livelihoods,” Nchemba said.

For his part, Ndaki said the Ministry of Livestock and Fisheries plans to acquire 348 fishing boats, improve fish landing sites and build fish markets in selected areas.

Ndaki said plans are also underway to improve livestock systems in the country and to improve pastures, adding that around US$105 million will be needed to undertake improvements in these two sectors. Final article

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