Dar es Salaam, June 17 -- TANZANIA through its Minister for Finance, Dr Mwigulu Nchemba (MP), announced its national budget for fiscal year 2025/26 on 12th June with a theme agreed by EAC Member States “Inclusive Economic Transformation through Domestic Resource Mobilisation and Resilient Strategic Investment for Job Creation and Improved Livelihoods”.

Through his speech, we have noted that Tanzania has made some progress in domestic resource mobilisation with government revenue from domestic sources increasing considerably between fiscal years 2020/21 and 2023/24 from 20.59tri/- to 29.83tri/- respectively.

Moreover, domestic revenue continued to increase by an average of 2/83 per month between July 2024 and May 2025.

This ...