Tanzania’s Finance Ministry Proposes Tsh49.34 Trillion ($19.35 Billion) Budget for 2024/2025

Tanzania’s Finance Ministry Proposes Tsh49.34 Trillion ($19.35 Billion) Budget for 2024/2025

The East African

A big chunk of expenditure is expected to go the elections and preparations for the 2027 Africa Cup of Nations (Afcon) finals. Finance Minister Mwigulu Nchemba said recurrent spending will go up to Tsh33.55 trillion ($13.15 billion) in the current fiscal year. Other priority areas of government expenditure in 2024/2025 will include key infrastructure projects and social services.

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