The government has reaffirmed its commitment to creating investor-friendly laws aimed at propelling Tanzania to upper-middle-income status under the Dira 2050 vision.
Dira 2050 targets increasing the national GDP from around $80 billion today to $1 trillion by 2050.
Achieving this milestone requires a conducive business environment that enables public institutions to operate efficiently while collaborating with the private sector.
The remarks were made on Thursday, October 16, 2025, during a working session in Kibaha, Pwani, which brought together the Office of the Treasury Registrar (OTR), the Attorney General’s Office, the Solicitor General’s Office, and the Office of the Chief Parliamentary Draftsman.
Treasury Registrar Mr. Nehemiah Mchechu said President Samia Suluhu Hassan has directed the review and modernization of laws to align with Dira 2050 goals.
“We need laws that enhance the efficiency of public institutions and expand opportunities for collaboration with the private sector,” he said.
Mr. Mchechu added that improving public sector efficiency could raise its contribution to domestic revenue from 4 percent to 10 percent over the next four years, in line with the President’s directive.
He emphasized the need to optimize services and products while minimizing unnecessary expenditures to increase government dividends.
He noted that the government expects tangible returns from its Sh92.3 trillion investments in public institutions and minority shares in companies.
Deputy Attorney General Mr. Samwel Maneno stressed that the strength of public and private sectors hinges on the quality of investment laws.
Poor contract management, he said, can delay projects, trigger disputes, and deter investors.
“Contract management is a top priority. Each year, we oversee 15,000 to 20,000 contracts, and technology will help us monitor them efficiently,” Maneno said.
He also called for reducing bureaucracy, especially in Public-Private Partnerships (PPPs).
Solicitor General Dr. Ally Possi underscored that national laws should attract, not hinder, investors.
“To achieve a $1 trillion economy, we must maintain a business-friendly environment that encourages investments,” he said, noting that strengthened contract management in PPPs is vital.
Public institutions, he added, must generate dividends and drive national growth, but this is hampered when they face lawsuits requiring compensation due to legal gaps.
Chief Parliamentary Draftsman Mr. Onorius Njole emphasized that public institutions’ strength—and by extension the country’s economic growth—depends on a robust legal framework.
“Investment laws must evolve to match the pace of growth in public corporations,” he said.
