DODOMA: AS Tanzania prepares to launch the Development Vision 2050 in July this year, eight key focus areas have been...
identified under the Fourth Five-Year National Development Plan aimed at driving inclusive economic growth and job creation.Presenting the government’s proposals for the 2026/27 plan to Members of Parliament in Dodoma on Wednesday, the Minister of State in the President’s Office (Planning and Investment), Kitila Mkumbo, said the government will reform systems and governance to strengthen transparency, efficiency and accountability.
Prof Mkumbo said the economic reforms will target productive sectors including agriculture, industry, services and the digital economy, while also expanding Public-Private Partnership (PPP) project pipelines in strategic areas such as energy, transport, water, ICT, industry and urban development.
He added that other priorities include improving the business and investment environment through legal and administrative reforms aimed at reducing bureaucracy, increasing transparency and enhancing policy predictability—factors considered critical in boosting investor confidence.
“Additional focus areas are applying national planning guidelines to ensure all sectors align with Vision 2050 and the Five-Year National Development Plan, and continuing reforms in public institutions to improve efficiency, including merging some institutions where necessary,” he said.
Under the 2026/27 plan, the government will implement five overarching priorities strengthening good governance, democracy, peace and stability, building a strong, inclusive, and competitive economy and enhancing human capital and social development.
Others are strengthening environmental conservation and climate resilience. Driving transformation enablers, including energy, transport infrastructure, research and development, and digitalisation.
Prof Mkumbo said 408 programmes and projects are planned, including 38 flagship projects under seven model programmes.
Public institutions are expected to contribute by reducing government subsidies and losses, issuing corporate bonds, promoting asset monetisation, and participating in capital markets.
The government anticipates that implementing the plan will increase the GDP growth rate to 6.3 per cent in 2026, maintain inflation between 3–5 per cent, raise tax revenue to 13.7 per cent of GDP, and create 1.7 million new jobs, compared to 981,000 in 2024/25.
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Other targets include increasing electricity generation to 4,654.5 MW and expanding irrigated land to 1.2 million hectares.
The estimated cost for achieving FYDP IV objectives is 477.747tri/-, with 70 per cent expected from the private sector and 30 per cent from the public sector.
For 2026/27 alone, the implementation cost is 86.3tri/-, with the private sector contributing 60.1tri/- and the public sector 26.2tri/-, including 20.7tri/- from the national budget.
“The government will continue strengthening monitoring, evaluation, and supervision to ensure projects are implemented efficiently, within budget and on schedule, while enhancing coordination across sectors to maximise economic growth, job creation, and citizen welfare,” Prof Mkumbo said.
He further called on government leaders to reduce excessive control over citizens’ lives and business activities in order to create a more favourable business environment.
He said difficult situations often arise when leaders attempt to control every aspect of people’s lives and operations.
“We leaders tend to like giving instructions to everyone. I always tell my fellow ministers that we are not the boss of every person in Tanzania. For example, the Minister for Industry is not the boss of all industries in the country, but the head of employees within his or her ministry,” Prof Mkumbo noted.
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