Will Shs 1.5 trillion be well managed?

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The Controller and Auditor General (CAG) released the first value for money (performance) audit of road works in Tanzania. This brief summarises the findings of this audit. The audit concludes that road works are not well managed and that economy, efficiency and effectiveness of road construction can not be assured. Of the ten road projects audited the Auditor General finds not one that was completed on time; the final cost was 57% higher than what was originally budgeted. Read more...