A synopsis of the salient features in the budget speeches delivered by the
Finance Ministers of Kenya, Uganda and Tanzania.
East African economies at a glance
Kenya
The economy in Kenya continued on an upward trend with growth of 6.1% compared
to 5.7% in 2005/6. The sectors with the highest growth rates were Hotels and
Restaurants, Wholesale & Retail Trade, and Transport and Communication.
Uganda
Uganda also continued to experience growth with GDP increasing to 6.5% and
revenues from the Uganda Revenue Authority being 2% above budget.
Tanzania
In Tanzania, the economy grew by 6.2% compared to 6.7% in 2005/6. The budget
has been built on the CCM Election Manifesto of 2005, the MKUKUTA, and the Millennium
Development Goals.
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