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Submitted by Web Master on 25 July 2024

The Tanzanian national budget for the fiscal year is TZS 49,365.7 billion and is structured across various sectors aimed at bolstering national development and ensuring effective governance. A significant portion of the budget is allocated to sectors such as Defence, Law, and Public Safety (5,493.5 billion TZS), reflecting a commitment to maintaining security and upholding the rule of law. Within this category, substantial investments are earmarked for Defence (3,323.5 billion TZS), Judiciary (465.9 billion TZS), and Public Safety (1,704.1 billion TZS), highlighting priorities in national security and judicial infrastructure.

Economic Development emerges as another pivotal focus area, with a substantial allocation of 10,290.7 billion TZS. This sector encompasses vital industries including Agriculture (1,938.1 billion TZS), Energy (1,883.7 billion TZS), and initiatives aimed at fostering Industrial growth (110.8 billion TZS). These investments are designed to stimulate economic diversification and sustainable growth, addressing key challenges in food security, energy access, and industrialization.

The budget also underscores a strong commitment to Human Capital Development and Social Services, with significant allocations towards Education (6,166.3 billion TZS) and Healthcare (2,540.1 billion TZS). These allocations encompass primary and higher education initiatives, healthcare facilities, and preventive health programs, reflecting the government's dedication to enhancing human capital and improving public health outcomes nationwide. Overall, the budget outlines a strategy aimed at promoting economic resilience, social welfare, and sustainable development across Tanzania.

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