Tanzania passes 24.9-bln-USD budget for 2026/2027 fiscal year

DAR ES SALAAM, June 23 — Tanzania’s parliament on Tuesday overwhelmingly approved the government’s 2026/2027 fiscal year budget, endorsing a spending plan of 62.33 trillion Tanzanian shillings (about 24.9 billion U.S. dollars).

Parliament Speaker Mussa Zungu announced that 385 lawmakers voted in favor of the budget, representing 97.66 percent of the votes cast, while eight voted against and another eight were absent during the session in the capital, Dodoma.