Tanzania’s private sector says fiscal proposals in 2025/26 budget undermine reinvestment

TPSF chief executive officer, Mr Raphael Maganga, speaks during a consultative session hosted by the Parliamentary Budget Committee in Dodoma over the weekend. PHOTO| CORRESPONDENT

Dodoma. As Parliament prepares to approve the government’s Sh56.49 trillion budget for the 2025/26 financial year tomorrow, June 24, private sector representatives have raised concerns over several proposed fiscal measures, warning they could undermine investment, economic growth, and social protection.

During a consultative session hosted by the Parliamentary Budget Committee over the weekend, business leaders expressed reservations about specific clauses in the Finance Bill that they say could dampen investor confidence and reduce policy predictability.