THE government will prioritise the implementation of flagship projects in collaboration with the private sector to significantly boost the economy during fiscal 2025/26.

Prof. Kitila Mkumbo, the Planning and Investment state minister in the President’s Office, stated this position at a presentation to the Budget committee of the National Assembly here on Thursday, citing rule 113(1) and (2) of parliamentary standing orders published in February 2023, where the proposals are being submitted to the committee to gather feedback from MPs during the preparation process.

He said that the government’s focus on flagship projects reflects a commitment to leveraging public-private partnerships for sustainable economic growth and development prospects.

The proposals set the stage for the national development plan, focusing on enhancing investments across various sectors, creating a resilient economy, increasing industrial production and improving public services. 

“The proposals for the national development plan for 2025/26 are guided by the national development vision 2025, which aims to position Tanzania among middle-income countries by 2025 and achieve high human development standards,” he stated.

These proposals concentrate on developing and implementing initiatives that yield results in five priority areas outlined in the third five-year plan, he said, citing key areas as enhancement of the transport infrastructure and industrial production.

A total of 17 flagship projects are planned for execution in the upcoming financial year, he said, highlighting achievements from the current development plan for 2023/24.

Positive trends in the global scenario and national economy include a decrease in inflation, with effective implementation of projects depending on robust collaboration with the private sector to ensure that projects produce substantial outcomes, he emphasised.

The minister was accompanied by the permanent secretary, Dr Tausi Kida and key officials of the Planning Commission, while Oran Njeza (Mbeya Rural), the committee chairman, hailed the proposals.

They included supplementary information on progress made in development projects undertaken in partnership with the private sector, he said.

In a related development, members of the Administration, Constitution and Law standing committee chaired by Florent Kyombo(Nkenge) discussed a report on the Planning Commission and ministerial performance along with drafting the Development Vision 2050, following an update on progress made.