The Tanzania’s extractive sector (oil, minerals and natural gas) is an important sector that is critical in catalyzing the country’s economic growth. Available statistics indicate that the sector accounts for almost 5 per cent (2018)of the Gross Domestic Product (GDP) while National Development projections estimates show that by 2025 the extractive sector’s contribution to the national economy will have increased about 10 per cent.
Being cognizant of the sector’s significance to the country’s economy, HakiRasilimali, a platform with a leaning towards enhancing extractive sector transparency and accountability agenda carried out an analysis reflecting the budgets for the Ministry of Minerals and Ministry of Energy in the financial years 2018/19 and 2019/20. The main objective of this analysis is not only to advocate for the effective formulation and reforms on policies and laws which govern the Extractive Industries in Tanzania. But also contribute to the enhancement of the revenues accrued at sub national and national levels