ZANZIBAR, Feb. 18 -- ZANZIBAR plans to raise spending by 17.69 per cent to 8.27tri/- for the next financial year starting July, ramping up investment in infrastructure, industry and its Blue Economy strategy as it pushes toward upper-middle-income status under Vision 2050.

The spending plan, tabled in the House of Representatives by Finance and Planning Minister Juma Malik Akili, yesterday targets a real GDP growth rate of 7.5 per cent.

The expansion follows a 6.98tri/- budget in the current year and aligns with the governments ‘Vision 2050 strategy to reach upper-middle-income status.

“This budget reflects our commitment to accelerating economic transformation while strengthening service delivery and maintaining macroecono...