Dodoma: The Parliament of the United Republic of Tanzania has approved and approved the Ministry of Minerals budget of 174.9 billion shillings for the Fiscal Year 2026/2027 to enable the Ministry of Minerals to achieve revenue collection of 1.4 trillion shillings.
Presenting the Revenue and Expenditure Estimates to Parliament on April 27, 2026, the Minister of Minerals, Mr. Anthony Mavunde said the funds will enable the Ministry to successfully implement its responsibilities and the institutions under it while focusing on sustaining the growth rate of the mining sector by conducting geoscientific surveys in the country.
Explaining the distribution of the Budget, Minister Mavunde said that 71.5 billion shillings equivalent to 40.9% have been allocated for development projects, while 103.5 billion shillings equivalent to 59.1% are for routine expenditure.
Of this amount, 27.4 billion shillings are salaries of employees and 76.1 billion shillings are other expenditures of the Ministry and its institutions.
Regarding the trend of the Sector, Minister Mavunde has explained that the contribution of the Mining Sector in contributing to the GDP has continued to improve, increasing from 9.1% in 2023 to 10.1% in 2024, and reaching an average of 11.9% in 2025.
Minister Mavunde added that revenue collection has increased significantly, from 753.2 billion shillings in 2023/2024 to 1.07 trillion shillings in 2024/2025.
For the nine-month period of the year 2025/2026 (July to March), 1.03 trillion shillings have already been collected, equivalent to 114.9% of the planned target.
In strengthening the mining trade, Minister Mavunde explained that the number of markets has increased from 43 to 44, while the number of purchasing centers has increased from 114 to 118, a move aimed at increasing transparency and price competitiveness for miners.
He has mentioned the Ministry’s priorities for the 2026/2027 Fiscal Year as strengthening the sector’s contribution to the economy, developing the value chain of important and strategic minerals, as well as encouraging investment in value addition.
Other priorities are strengthening the operation of gem auctions and exhibitions, increasing investment in detailed mineral research, formalizing and developing small-scale miners, as well as building the capacity of institutions under the Ministry to increase productivity and efficiency.
Deputy Minister of Minerals, Dr. Steven Kiruswa said that the Ministry of Minerals will continue to strengthen inspections in small and large mines to increase efficiency in mineral production.
Explaining the licensing reforms, Dr. Kiruswa said that the Ministry is in the process of establishing digital licensing systems, which will facilitate licensing without conflict of interest.
