According to the Constitution of United Republic of Tanzania 1977 (Article 143) , Public Audit Act No. 11 of 2008, and its Regulations of 2009 (as amended), the Controller and Audit General also known as CAG is supposed to submit his reports before the end of March each year to the President of URT. On 26th March 2020, the CAG presented six statutory audit reports and 12 performance reports to the President of URT for the FY 2018/19.
From the CAG report, the analysis shows in the budget process, there is a fall in revenue collection, there are revenues collected but not submitted in the consolidated fund, over and under release of funds., also implementation of the of unplanned activities. this shows country's budget has not been used as an effective management tool of public resources.
The presentation entitled ‘Analysis of the CAG Reports 2018/19: Social Economic Issues arising therefrom’ was delivered by a renowned personality in the country who is also a former CAG and the Executive Director at WAJIBU, Mr. Ludovick Utouh. the analysis based on key two key areas budget process and procurement process. it helped to understand the budget trends in Tanzania and what should be taken to considerations by the public officials to attain a realistic budget for progressive socio-economic development.