6.3% Economic Growth Target for Tanzania in 2026
Latest Tanzania economy news · 6.3% Economic Growth Target for Tanzania in 2026 explained · 2026 updates · updated Aug 12, 2026 · economy news · GDP · investment
TLDR
- Looking ahead, the government targets 6.3 per cent economic growth in 2026, while keeping inflation within the target range, increasing domestic revenue collection and creating 1.7 million jobs.
- He also pointed to the Liquefied Natural Gas (LNG) project and a recently signed 442 million US dollar niobium mining project as strategic investments expected to further accelerate growth.
- When presented the 2026/27 National Development Plan and the State of the Economy Report in Parliament, Minister of State in the President’s Office (Planning and Investment), Prof Kitila Mkumbo, said the economy.
- Inflation remained stable at an average of 3.3 per cent in 2025, staying within the government’s medium-term target of 3.0 to 5.0 per cent and below the convergence thresholds set by both the East African Community.
- DODOMA: THE government has said major investments in mining, gas and energy projects are set to propel the country’s economic growth by 6.3 per cent this year.