Tanzania’s Parliament approved the TZS 62.33 trillion (± USD 24 billion) 2026/27 Government Budget on 23 June 2026 by 385 of 393 votes, after seven days of debate and passage of the Finance Bill 2026. The spending plan takes effect on 1 July 2026, with the government committing to TZS 1.2 trillion in arrears settlement and tighter expenditure controls.
The budget was presented to Parliament in Dodoma on 11 June 2026 by the Minister for Finance, Ambassador Khamis Mussa Omar, and debated over seven working days from 15 to 23 June 2026. Parliament Speaker Mussa Azzan Zungu announced the results on 23 June 2026, with 385 Members of Parliament voting in favour, eight against, and eight absent, a majority of approximately 98%.
Read more at: https://www.tanzaniainvest.com/economy/budget-2026-2027-parliament-approved
