DODOMA, June 28 (Xinhua) -- Tanzanian Prime Minister Kassim Majaliwa announced on Friday that the government has allocated 787 billion Tanzanian shillings (about 296.3 million U.S. dollars) for education loans to students in higher learning institutions.
Majaliwa said that 250,000 students will benefit from the education loans during the 2024/2025 financial year, which starts on July 1, 2024, and ends on June 30, 2025.
Adjourning the 56-day parliamentary budget session in the capital Dodoma, Majaliwa assured that the education loans will be disbursed to eligible students.
During the 2023/2024 financial year, 743.2 billion shillings (about 282 million dollars) worth of education loans were provided to 224,056 students in higher learning institutions, he added. ■
