AGP Executive Report
Last update: 6 hours agoTanzania Budget Push: Tanzania unveiled a $24bn (Sh62.3trn) 2026/27 budget under Vision 2050, targeting 6.3% growth and higher domestic revenue as donor grants fall, with plans to expand the tax base and simplify administration. EV, CNG & Clean Mobility: The budget proposes VAT exemptions for EV charging equipment and cuts EV import duty to 10%, alongside incentives to speed up CNG and electric vehicle adoption and directives for public institutions to shift to cleaner transport. Health Financing via New Levies: Government plans to fund Universal Health Insurance through higher tobacco and sugar levies. Digital Payments Mandatory: From July 2026, digital payments will be required in key sectors like transport, malls, fuel stations and more, as TIPS transactions surge. Investment Momentum: Tanzania registered a record 915 investment projects worth $10.95bn in 2025, supporting job creation. Regional Trade & Transport: EABC launched a digital tracker for non-tariff barriers in East Africa, while TRC added an extra SGR Dodoma–Dar service to meet rising demand. Geopolitics & Costs: Officials warned Middle East conflict could lift fuel and fertiliser costs.
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