DAR ES SALAAM, June 12 -- ECONOMISTS have praised the rising dividends and contributions from State-Owned Enterprises (SOEs) as a crucial step toward Tanzanias financial self-reliance.
They said that the trend will significantly strengthen the governments capacity to fund the national budget using domestic resources and reduce dependency on external borrowing.
Their remarks come following a record-high collection of over 1.028tri/- in dividends and contributions from SOEs in the concluding 2024/2025 financial year, a 68 per cent increase from 767bn/- recorded during the same period last year.
The development comes as the Ministry of Finance prepares to table the 2025/2026 national budget estimates today at the National Assembly in Dodo...
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