MWE Correspondent
Tanzania’s Vice President, Dr. Philip Mpango, has called for stricter financial oversight across government institutions, urging leaders to tighten procurement procedures, improve contract management, and enhance supervision of public resources.
Speaking at a high-level working session in Arusha, Dr. Mpango emphasized that robust governance is essential for economic growth and efficient service delivery.
The meeting, attended by board chairpersons and chief executive officers of various government agencies and public corporations, focused on addressing gaps in financial management and accountability. Dr. Mpango delivered the address on behalf of President Samia Suluhu Hassan, highlighting the critical role of disciplined fiscal practices in sustaining development.
“Public institutions and corporations must strengthen financial oversight, ensure transparency in procurement, manage contracts effectively, and supervise human resources diligently,” Dr. Mpango said.
He stressed that misuse of public funds undermines public trust and limits the government’s ability to implement key projects. “Sound financial management is not only a legal obligation but a driver of national progress,” he added.
Experts agree that financial transparency and accountability are fundamental to good governance. Ensuring that contracts are executed efficiently and resources are monitored regularly reduces opportunities for corruption and misappropriation. Dr. Mpango’s address aligns with Tanzania’s broader commitment to enhance public sector efficiency under its National Development Vision 2025.
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The session also highlighted the importance of training leaders and adopting modern financial systems. By standardizing procurement processes, conducting periodic audits, and enforcing regulatory compliance, public institutions can detect irregularities early and protect national resources.
Observers note that strengthened oversight has far-reaching benefits. Efficient use of public funds directly supports infrastructure, healthcare, education, and other services that drive long-term economic growth. Proper contract management ensures projects are completed on time and within budget, providing tangible benefits to citizens while enhancing investor confidence.
Dr. Mpango encouraged participants to share best practices and adopt innovative approaches to financial governance. The working session included discussions on risk management, accountability frameworks, and supervision strategies to ensure that public resources serve their intended purpose.
In closing, the Vice President reiterated the government’s commitment to transparency and integrity. He urged all institutional leaders to prioritize accountability, saying that disciplined management of public funds is key to Tanzania’s continued development and global competitiveness.
