Tanzania, April 17 -- Dodoma. The government has said it will finalise the Public Investment Bill in the 2026/27 financial year as part of reforms aimed at improving the performance of public entities and strengthening their contribution to Dira 2050.

Presenting the 2026/27 budget estimates for the Ministry of State in the President's Office (Planning and Investment), the responsible minister, Prof Kitila Mkumbo, said the Bill will provide a legal framework for managing public investments, focusing on efficiency, accountability and improved performance of state entities.

He said it will propose the establishment of a Public Investment Management Authority to coordinate government investments under a unified framework.

The Bill will als...