After the Budget Speech of the Minister for Works, on May 20, the newspapers followed up by front-page headlines that hailed the planned introduction of Infrastructure Bonds.
The three English papers had it as follows: “Expanding major roads can be done with bonds”; “Government now turns to bonds to finance key road projects”; and, “Infrastructure Bonds in Offing”.
Newspapers are not supposed to have a short memory, but the way this matter was reported, was like it was the first time Tanzania has had infrastructure bonds.
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