FROM THE PARLIAMENT DURING QUESTIONS AND ANSWER SESSION ON 8TH MAY 2018.
The government has issued a total of 51,600 village
land title deeds to the people and the owners have used them as collaterals to
borrow money from various financial institutions in the country, the Deputy
Minister of lands and human settlement development Angeline
Mabula has said. The deputy minister Mabula informed the Parliament today that about Tshs.
9 billion has so far been borrowed from various financial institutions in the
country by using these title deeds. She said the government through her ministry
is trying all it can in order to make other financial institutions accept the
documents as their legality have been correctly verified by the ministry so as
to make them be used to borrow as much as possible by the needy people. The
deputy minister was responding to a question earlier raised by the Kilolo
legislator (CCM) Hon. Vennance Mwamoto who wanted to know the long standing
plans by the government which had promised to prepare village land title deeds
with a view to help them cater for their economic gain. However, the deputy
minister has appealed to the people in the country to work in collaboration
with the government to give maximum efforts to the whole exercise which is
going on in the country of verifying the legality and issuing of these title
deeds wherever possible.
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