DODOMA, June 12 -- THE Tanzanian government has demonstrated strong economic resilience despite facing both domestic and international challenges caused by natural disasters linked to climate change, global conflicts, and policy shifts.

This was stated today, June 12, 2025, in Parliament in Dodoma by the Minister for Finance, Dr. Mwigulu Nchemba, while presenting the governments proposals on revenue and expenditure estimates for the 2025/26 fiscal year.

Dr. Nchemba said the prolonged global economic crisis, largely driven by the war in Eastern Europe, has led to a rise in the cost of living, transportation, and production — pushing many countries into high levels of debt. However, he noted that Tanzania took swift and effective me...