Zanzibar plans 17% spending increase to drive blue economy growth

ZANZIBAR: Zanzibar plans to increase public spending by 17.7 per cent in the upcoming fiscal year, proposing an 8.27 trillion Tanzanian shilling budget aimed at accelerating infrastructure expansion, industrial revival and Blue Economy development. Finance Minister Juma Malik Akili presented the budget to the House of Representatives, outlining targets that include 7.5 per cent economic … Continue reading Zanzibar plans 17% spending increase to drive blue economy growth