Lyson Law Group

NEWS AND EVENTS

Speech by the minister for finance. Hon. Dr. Mwigulu Lameck Nchembe Madelu(MP) present estimates of Government revenue and expenditure for 2024/25

Tanzania has today presented a largely pro development budget with the key highlights being the projected increase in spending by 5 Trillion .Overall, it is a 49.346Trillion budget representing a rise by 11.2% from the 2023/24 budget .Key areas of spending are debt servicing, salaries of civil servants , local government elections this year, payment of pending bills to contractors and service providers and preparation for next year's elections among other things .

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