Tanzania’s Finance Ministry has proposed a Tsh49.34 trillion ($19.35 billion) budget for the 2024/2025 financial year, an 11 percent increase from the Tsh44.4 trillion ($17.41 billion) in 2023/2024.
A big chunk of expenditure is expected to go the elections and preparations for the 2027 Africa Cup of Nations (Afcon) finals, which Tanzania is hosting jointly with Kenya and Uganda.
