Tanzania has proposed a TZS 56.49 trillion budget for 2025/26 to achieve 6% GDP growth by stimulating investment, job creation, and domestic revenue. The plan introduces new taxes, levies, and mandatory travel insurance for foreign visitors, removes the 10-year tax holiday for EPZ/SEZ local sales, and expands VAT exemptions for farmers, producers, and clean energy. Mining firms will have to set aside 20% of gold output for local processing. Read more at: https://www.tanzaniainvest.com/economy/draft-budget-2025-2026