Tanzania's 2026/27 budget is set at TZS 62.33 trillion (USD 24 billion), reflecting a 10.3% increase from the previous year. The budget aims for a 6.3% GDP growth, with 74.2% of funding sourced from domestic revenue as grants decrease by 39.1%. Key measures for investors include reducing the deemed profit-distribution tax from 30% to 15%, a one-year income tax holiday for new businesses, and VAT exemptions on specific sectors.

Tanzania's Planning and Investment Budget for 2026/27, amounting to TZS 144.85 billion, aims to support a new National Investment Policy and establish five strategic Special Economic Zones (SEZs) to attract over TZS 797 billion. The budget also targets making Tanzania a leading vehicle producer in Africa by 2030 and includes the creation of Youth Industrial SEZs across six regions. Ongoing flagship projects include Hengya Cement, Airtel's 5G rollout, and Songea Sukari's sugar complex.

The Zanzibar Revenue Authority (ZRA) reported a revenue collection of over 1.215 trillion Tanzanian shillings in the 2025/26 financial year, marking a 41 percent increase from the previous year. This growth is attributed to improved economic activity and stronger tax administration. The ZRA achieved 96.7 percent of its revenue target of 1.257 trillion shillings during the period from July 2025 to June 2026.

Tanzania's Parliament approved the TZS 62.33 trillion (approximately USD 24 billion) budget for the 2026/27 fiscal year on 23 June 2026, with 385 out of 393 votes in favor. The budget, which will take effect on 1 July 2026, includes a commitment to settle TZS 1.2 trillion in arrears and implement tighter expenditure controls following a week of debate and the passage of the Finance Bill 2026.

In Q4 2025, the Tanzania Investment and Special Economic Zones Authority reported 278 projects valued at USD 3.16 billion, significantly up from USD 1.57 billion the previous year. This investment is expected to create 71,412 jobs, with China contributing USD 950 million. The report also announced the opening of four Special Economic Zones in Bagamoyo, Kibaha, Dodoma, and Kahama, and two public-private partnership projects in Dar es Salaam worth TZS 182 billion, targeting sectors like manufacturing and mining.

The Tanzania Private Sector Federation (TPSF) and the Confederation of Tanzania Industries (CTI) have expressed support for the business and tax reforms included in Tanzania's 2026/27 Budget, which feature faster VAT refunds, investment incentives, and regulatory simplification. However, they emphasized that to meet the Tanzania Development Vision 2050 goal of becoming a USD 1 trillion economy, the country's economic growth must exceed the projected 6.3% in 2026, reaching over 10% annually.