Bunge: Reduce expensive vehicle purchases, foreign travels to boost development financing
Tanzania, June 15 -- Dodoma. Parliament's Budget Committee has proposed a raft of measures to curb government expenditure, including reducing purchases of expensive vehicles, cutting foreign travel and trimming subsidies to commercially viable state-owned entities, as part of efforts to free up resources for development projects.
Presenting the committee's recommendations during debate on the government's Sh62.3 trillion budget for the 2026/27 financial year on Monday, June 15, 2026, committee chairman Mr Mashimba Ndaki warned that government spending was growing faster than revenue collection, increasing pressure on public finances.
The committee's analysis showed that between 2020/21 and 2023/24, tax revenue collected by the Tanzania ...
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