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Tanzania’s 2026/27 national budget will mark the beginning of a new chapter in the country’s development journey, as it becomes the first budget to implement the National Development Vision 2050, the Fourth Five-Year National Development Plan (2026/27–2030/31), and the CCM Election Manifesto for 2025–2030.
Finance Minister Ambassador Khamis Mussa Omar made the remarks while briefing journalists in Dodoma ahead of the official presentation of the budget in Parliament on June 11, 2026.
The government plans to spend Tsh 62.3 trillion during the 2026/27 financial year, with a strong focus on strategic investments expected to accelerate economic growth, improve public services, and create opportunities for Tanzanians.
Ambassador Omar said a substantial share of the budget will be directed toward transformative infrastructure and development projects, including the continued construction of the Standard Gauge Railway (SGR), expansion of the road network, improvement of water services, development of energy projects, and investment in education, skills, and human capital.
The minister said the budget has been crafted to support faster economic and social development while creating jobs, attracting investment, and improving the wellbeing of citizens across the country.
To finance the planned expenditure, the government expects to raise Tsh 46.8 trillion from domestic revenue sources, reflecting continued efforts to strengthen revenue collection and reduce reliance on external financing.
According to Ambassador Omar, domestic revenue performance during the current financial year has remained strong, providing confidence that the government will meet its targets and sustain funding for key development priorities.
He noted that the preparation of the budget involved extensive consultations with stakeholders through the Task Force on Tax Reforms and the High-Level Think Tank Advisory Committee, ensuring that diverse views were considered in shaping fiscal policies.
The government received 727 tax reform proposals from stakeholders, including private sector players, academic institutions, business associations, civil society organizations, and individual citizens.
Of these, 125 proposals were accepted as submitted, while 121 were refined and incorporated into the reform package after further review.
Ambassador Omar said the proposed tax reforms are intended to stimulate business growth, expand employment opportunities, widen the tax base through increased investment, and ease the burden on taxpayers where possible.
He praised the media for its role in keeping citizens informed about national development issues and encouraged Tanzanians to continue paying taxes voluntarily and on time to support the country's development agenda.
“We are building our nation together. The government will continue to ensure that the resources collected from taxpayers are used efficiently and generate meaningful results for citizens,” he said.
The minister urged Tanzanians to follow the budget presentation closely, describing it as a key policy document that reflects the aspirations of citizens and the country's long-term development ambitions.
With Vision 2050 now officially guiding national planning, the 2026/27 budget is expected to set the pace for Tanzania’s next phase of economic transformation, focusing on infrastructure, industrialization, human capital development, and improved living standards for all citizens.
