Tanzania, April 17 -- Dar es Salaam. Tanzania is advancing an investment-led growth strategy as it begins implementing its long-term development blueprint, Dira 2050, with the government outlining reforms aimed at unlocking capital, strengthening institutions and improving the business environment.

Presenting a Sh144.9 billion budget for the Office of the President (Planning and Investment) in Parliament on April 16, 2026, Minister Prof Kitila Mkumbo said the country's development strategy places investment, particularly from the private sector, at the centre of economic growth.

"Our focus is to ensure that investment becomes the main driver of economic transformation in line with Dira 2050," he said.

Dira 2050, launched in July 2025, ...