Challenges and Prospects in Budgetary System. A case study of National Security fund Head Office – Dar Es Salaam

The title of my dissertation was challenges and prospects of budgetary system a case study of National social security fund (NSSF) Head quarter. The main objective of the study was to evaluate and understand on challenges and prospects of NSSF budgetary system during its financial years. Specific objectives aimed at examining possible transformative strategies for the budgetary system to help the NSSF serve and grow across it stakeholders positively in Dar es salaam, to investigate if there was potential strategies for the current budgetary system which transform the service of NSSF to become more efficient organization, to understand how the end results of management decision affect the members decision in social scheme particularly NSSF. The major findings of the study shows that 95% of the respondents viewed that the current budgetary system do not contribute to the inefficiency in budgetary system while 5% of the respondents views current budgetary system contribute to the inefficiency in budgetary system. The researcher concluded that an evaluation and understanding challenges and prospects of budgetary system is a significant problem in the social security industry and if not properly addressed it would have stringent and intricate implication on provision of social security protection to the people of Tanzania, therefore proper budget systems needs considered. The researcher recommends that NSSF should be more creative in solving community based problems not to look on payoff investments only for their own profit and leave the members and their society unsatisfied and therefore there should be a balanced approach with more coverage of Tanzanian populations. Much needs to be researched on the above