New Salary Boost Makes Next Tanzania Budget to Balloon by 1.6 Trillion/-
Effective from July 2022, Public Servants in Tanzania will be smiling all the way to the bank with beefed up pay checks.
For the first time in over seven years, Tanzania is increasing the salaries of its public servants.
An official statement from the President’s office indicates that the wages will now be improved by 23.3 Percent.
The raise should be effective from the soon to commence, fiscal year 2022/2023.
According to the State House dispatch, the salaries’ increment reflects the country’s Gross Domestic Product (GDP) position.
Apparently, as of latest data, Tanzania ranks on the 11th position in Africa and 74th globally as far as the country’s GDP is concerned.
Tanzania’s Gross Domestic Product stands at USD 74.54 billion according to the latest Geoworld data.
The Country’s GDP in 2022 has increased to USD 74.5 Billion from the USD 65.4 Billion figure recorded in 2021.
The country is second in East Africa after Kenya, which has a GDP of USD 116.64 billion.
During May Day celebrations held at National Levels in Dodoma, on the 1st of May 2022, President Samia Suluhu Hassan promised workers to brace for salary increments, but did not elaborate further.
But following recent meetings of experts chaired by Prime Minister, Kassim Majaliwa in Dodoma to address the salary issue, the government has concluded that the 23 percent increment should be fine.
Salary increment will thus beef up the country’s forthcoming budget estimates by nearly 20 percent.
As it happens now, the government will be spending 9.7 trillion/- for civil servants’ salaries.
That is an increase of nearly 1.6 trillion/- that was being spent for the same, during the previous financial years.
The state is also the biggest boss in Tanzanian. The Government employs nearly 530,000 public servants at the moment.