Zanzibar Passes 2026/2027 Budget of TZS 8.52 Trillion, Targeting 7.5% GDP Growth, Stock Exchange Launch, and Investment Priority on Tourism, the Blue Economy, and SMEs
Zanzibar passed a TZS 8.52 trillion (± USD 3.28 billion) budget for 2026/27, a 22.11% increase, targeting 7.5% economic growth and reducing external financing dependence to 2.8% as tourist arrivals rose 21.9% to 800,968. Priority sectors are tourism, agriculture, fisheries, small and medium enterprises and the blue economy, with investor measures including the planned launch of a Zanzibar stock exchange, raw materials relief for small and medium manufacturers outside ZIPA, and a 25% stamp duty cut on commercial vehicles.
6/21/2026 6:27:44 PM