By Osoro Nyawangah, DODOMA Tanzania
A recent report by the Controller and Auditor General (CAG) revealed that the Tanzania Ministry of Finance did not fully remit Sh2.59 trillion collected by the Tanzania Revenue Authority (TRA) from various levies to the intended government agencies.
The CAG, Charles Kicheere, said that in the audit report for the fiscal year 2023/24 revealed that a total of Sh2.59 trillion was collected by the the revenue authority (TRA) on behalf of the Road Fund Board (RFB), the Rural Energy Agency (REA), the National Water Fund (NWF) and the Railway Fund and then transferred to the Ministry of Finance.
However, the Ministry of Finance only transferred Sh1.44 trillion to the designated agencies.
"Therefore, the balance of Sh1.14 trillion, equal to 44 percent of the total funds collected, has not been transferred to the designated agencies' accounts." He said.
The report explains that the non-delivery of the entire amount of collections of levies and fuel fees has violated the requirements of the Constitution and weakened the ability of funds and agencies to finance water, road, rail and electricity projects in rural areas.
"This situation has caused a delay in the development of infrastructure and reduced the effectiveness of the implementation of projects." The CAG reported.
Constitutionally mandated to ensure transparency and accountability in the use of public funds, the CAG's main functions include auditing government accounts, reporting on their findings to Parliament, and ensuring the efficient and effective use of public resources.
This involves examining financial statements, verifying the legality of transactions, and identifying any irregularities or potential fraud.
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