Minister of Finance, Planning, Economy, and Empowerment Mustapha Mkulo of Tanzania

When reached for comments, Finance and Economy Minister Mustapha Mkulo said dollarisation was truly an embarrassing issue, taking into account the endless complaints made by various individuals, including MPs, business people and individuals.

Mr Mkulo said a key issue that should always be considered is drawing up rules for desirable integration and economic partnership agreements.

This comes after the Minister of Finance Mustapha Mkulo was recently quoted by Bloomberg News saying that Tanzanias ability to meet domestic consumption needs may shield it from the type of food shortages and hunger affecting other parts of the developing world.

00 billion USD) in the coming financial year, 2008/09, with the donor contribution going down from 42 percent last year to 34 percent, finance minister Mustapha Mkulo has told the parliament.

Speaking on priorities in the budget, Mkulo said that roads, energy, health, education, agriculture and water have been allocated the biggest chunk of the budget- 64 percent of the total budget.

Mkulo said that a key issue which should always be considered is drawing up trade rules for desirable integration and economic partnership agreements.