Government sets Sh86.3 trillion strategic plan, targets 6.3 percent increase
Professor Kitila Mkumbo, Minister of State in the President’s Office (Planning and Investment), presents the National Development Plan for the 2026/27 financial year in Parliament in Dodoma, June 11,2026. PHOTO | SAID KHAMIS
Dar es Salaam. Tanzania plans to spend Sh86.3 trillion in the 2026/27 financial year, targeting faster economic growth, higher revenue collection and increased job creation as the government rolls out a new phase of its long-term development agenda.
Presenting the State of the Economy Report 2025 and the National Development Plan 2026/27 in Parliament on Thursday, the Minister of State in the President's Office (Planning and Investment), Prof Kitila Mkumbo, said the economy is projected to grow by 6.3 percent in 2026, up from 5.9 percent in 2025.
