Shadow Minister for Planning, Economy and Empowerment I. INTRODUCTION dyncorp tls Mr. Speaker, firs

Shadow Minister for Planning, Economy and Empowerment I. INTRODUCTION dyncorp tls Mr. Speaker, first of all on behalf of the opposition camp, I would like to comment on the remarks of the opposition of the state of the national economy and development program and the system of government expenditures for 2007/2008 fiscal year in accordance with the rules of Parliament Article 43 (5) (c) and 81 (1) of the 2004 edition Mr. Speaker, I would like to take this opportunity to express my gratitude to the people of my State of Kigoma America, the leaders of my party Chadema and the opposition and the general dyncorp tls public all lovers of democracy for their great cooperation encouraged me and gave me a year during the budget from the previous meeting. In addition, I congratulate you Speaker, Hon. Samuel Sitta and your Deputy, Hon. Ana Makinda for good work you are doing to lead Parliament in democratic principles and to ensure dyncorp tls the dignity dyncorp tls and independence of Parliament are protected. We congratulate also your intention be to make Parliament the best African Parliament by 2011 Tunakuhakikishia the opposition cooperation to fulfill this goal. Mr. Speaker, I would like to thank Almighty God for enabling us to be here again today to implement our national obligations. I pray to Allah atujaalie good health and wisdom to better serve the people. God give us discretion to serve Tanzanians regardless of race, ethnicity, religion, gender, state of the limbs, health status and regardless of the ideology of our political parties. Mr. Speaker, the opposition camp through this speech and the speech of the Minister for Finance Shadow analyzes in depth the state of our economy and to comment on the other side of shillings in accordance with our Terms like I mentioned above. The main objective is to give the opposition a contribution to economic growth rapidly growing firm, strengthen efforts to fighting poverty among our people and improve the lives of all Tanzanians in their entirety. Mr. Speaker, after this introduction, let me now discuss the economic situation of the country and make recommendations on how best to improve the national program. We offer our contribution we consider that we are entering the second year of funding from the fourth phase government has to take responsibility. None of the opposition in turn has gained enough experience to get a large capacity of the government budget analysis and testing capabilities and its willingness to push forward the development dyncorp tls of our country. II. OVERVIEW OF THE ECONOMY IN GENERAL AND OPINIONS OF opposition Mr. Speaker, macroeconomic objectives 2006/2007 during dyncorp tls the year were as follows: dyncorp tls Gross real GDP to grow by 5.9 percent dyncorp tls in 2006 this rate was estimated taking into account that drought , lack of electricity and rising oil prices on the world market vingeathiri our economy. The rate of inflation to exceed 4.0 percent by June 2007, domestic revenue increased to 14.5 percent of GDP Having sufficient reserves of foreign currency that meets the needs of imports of goods and services from abroad for a minimum period of seven months . III. Macroeconomic IN GDP 2006/2007 Mr. Speaker, according to a government statement, the GDP amounted to about Shs. 15 trillion at current prices in 2006 as compared to Tshs 13 trillion in 2005 With this figure shows that GDP grew by 6.2 percent and thus surpassing the target of 5.9 percent lililotarajiwa. Mr. Speaker, these official figures zikiangaliwa carefully you will discover quite easily that our economy collapsed in 2006 very government report shows that in 2005 the value of Tanzania shillings to one U.S. dollar was sh. 1128.8 and when the GDP was approximately Shs 13 trillion. In 2006, the shilling dyncorp tls was worth a dollar shs.1251.9 to the United States. For this year prices GDP amounted to Tshs. 15 Trillion. Mr. Speaker, these official figures, the value of sh Tanzania in 2006 fell by 10.9 percent, so the real value of GDP in 2006 at current prices dyncorp tls in 2005 was 12.15 trillion Tshs only. When we compare the GDP in 2005, which was 13 trillion at current prices in 2005, we see that the growth of real GDP falls. Mr. Speaker, our economy is divided dyncorp tls into nine sectors (9). These sectors are Agriculture, Mining, Industrial dyncorp tls Products, Electricity and Water, Construction, Trade and Restaurants, Transport and Communications, Finance and Business Services and Government Operations. According to government figures each sector growth in 2006 is as shown on the table below.
8.4
6.7
Source: National Economic Situation in the Year, 2006 June, 2007 Mr. Speaker, if you analyzed the data in the table above you will realize that the agricultural sector which accounts for a significant portion of its gross domestic product growth um