DODOMA, March 12 -- THE government yesterday unveiled a 62.33tri/- proposed budget for the 2026/27 financial year, representing a 10.3 per cent increase from the 57.04tri/- allocated in the current fiscal year as it seeks to build a strong, inclusive and competitive economy.

Presenting the budget framework and expenditure ceilings to Members of Parliament in Dodoma yesterday, Finance Minister Ambassador Khamis Mussa Omar said the ceiling was determined after considering several key factors.

These include domestic revenue performance, maintaining the budget deficit within three per cent of Gross Domestic Product (GDP) in line with agreements of the East African Community (EAC) and the Southern African Development Community (SADC).

Other...