Tanzania pushes ahead with Sh62.3 trillion budget despite economic risks
Tanzania, June 11 -- Dar es Salaam. The government has said it will proceed with implementing a Sh62.3 trillion budget for the 2026/27 financial year, despite heightened global and domestic economic risks, banking on tighter fiscal discipline, stronger revenue collection and policy reforms.
The budget marks an increase from Sh56.49 trillion allocated in 2025/26.
Presenting the estimates in Parliament on Thursday, Finance Minister Khamis Mussa Omar said the government would focus on improving economic stability while sustaining development spending.
He said priority areas include prudent fiscal and monetary policy management, improving the investment and business environment, strengthening foreign exchange availability, expanding agricu...
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