DODOMA, April 16 -- THE Tanzanian government has said it will finalise the Public Investment Bill in the 2026/27 financial year as part of a broader strategy to strengthen the performance of public entities, enabling them to operate more efficiently, generate higher revenues, and contribute to the implementation of Dira 2050.

Revealing this in Parliament in Dodoma today, April 16, 2026, the Minister of State in the Presidents Office for Planning and Investment, Prof Kitila Mkumbo, tabled his ministrys budget proposals of 144.85bn/- for the 2026/27 financial year.

Prof Mkumbo said the Bill is intended to establish a modern legal framework for the management of public investment, aimed at enhancing efficiency, accountability, and the over...