Tanzania, June 17 -- Dodoma. Bank of Africa (BoA) Tanzania has welcomed the government's Sh62.3 trillion budget for the 2026/27 financial year, saying it is expected to stimulate business activity and support economic growth.

Acting Managing Director of BoA Tanzania, Wasia Mushi said the budget's emphasis on digital payment transformation and support for small and medium-sized enterprises (SMEs) reflects broader efforts to accelerate economic growth in line with Tanzania's Vision 2050 development agenda.

He said the bank remains committed to improving services across all customer segments, including individual clients, SMEs and large corporations, in support of the government's financial inclusion agenda.

Mr Mushi made the remarks afte...