Tanzania prioritises industrial growth, rail expansion in 2026/27 budget
Tanzania, June 11 -- Dar es Salaam. Tanzania has outlined an ambitious economic agenda for the 2026/27 financial year, placing industrialisation, mineral-based investments and railway expansion at the centre of its growth strategy.
Presenting the government's revenue and expenditure estimates in Parliament on Thursday, Finance Minister Khamis Mussa Omar said the government would accelerate strategic investments in rare earth minerals, natural gas, iron ore and coal to support industrial development, exports and job creation.
The minister said the country would also continue investing heavily in transport infrastructure, particularly railways, to strengthen regional trade and improve connectivity between production centres and markets.
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