Mchechu raises revenue ambition with Sh2trn target from state assets
DAR ES SALAAM, July 11 -- TANZANIAS push to extract greater value from public investments has entered a new phase, with the Office of the Treasury Registrar (OTR) setting a Sh2trn non-tax revenue target for the 2026/27 financial year.
The ambitious target, which is above the governments assigned projection of Sh1.79trn, comes as authorities seek to improve returns from state-owned companies and institutions while reducing pressure on the national budget.
OTR, which manages government interests in 308 public institutions and companies, says the higher target will depend on stronger performance across the public investment portfolio, particularly through increased dividends, improved efficiency and better financial management.
Treasury R...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.