TRA's 30-year blueprint to drive one trillion-dollar economy
DAR ES SALAAM, June 30 -- THREE decades ago, Tanzanias tax administration struggled to generate enough revenue to finance the countrys development agenda, collecting an average of just 24.5bn/- a month through three separate departments under the Ministry of Finance.
Today, the Tanzania Revenue Authority (TRA) mobilises nearly 3tri/- every month from more than 8.4 million taxpayers, a transformation that has placed domestic revenue at the centre of financing roads, hospitals, schools and other strategic investments.
However, as President Samia Suluhu Hassan steers Tanzania towards becoming a one-trillion-US-dollar economy under Vision 2050, the authority says sustaining that ambition will require more than higher tax collections. It wil...
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