OTR sets ambitious Sh2 trillion non-tax revenue target for 2026/27

PWANI-The Office of the Treasury Registrar (OTR) has set itself an ambitious internal target of collecting Sh2 trillion in non-tax revenue during the 2026/27 financial year, well above the Sh1.79 trillion target assigned to the Office by the Government.

The target was announced on Thursday, July 9, 2026, by the Treasury Registrar, Nehemiah Mchechu, while opening the Second Workers' Council Meeting in Kibaha District, Coast Region.

Mr Mchechu said achieving the target will require OTR and the 308 public entities and government minority-owned companies under its oversight to scale up their performance, embrace innovation, strengthen collaboration and accountability, and continue fostering a work environment capable of attracting and retaining top talent.

"To achieve our Sh2 trillion target for the 2026/27 financial year, we will have to stretch ourselves and work even harder," he said, stressing that Tanzanians expect to see greater returns from the government's Sh92.3 trillion public investment portfolio.

OTR delivered a strong performance in the previous financial year (2025/26), collecting Sh1.327 trillion in non-tax revenue-an increase of 30 percent from Sh1.028 trillion recorded in 2024/25.

Of the total collections, Sh800.5 billion (60 percent) came from dividends, while Sh406 billion (30 percent) was generated through the mandatory 15 percent contribution on gross revenues from non-commercial public institutions.

The remaining Sh121.5 billion (10 percent) comprised other non-tax revenues, including investment returns and additional proceeds arising from government ownership interests.

"Our responsibility now is to safeguard these achievements without becoming complacent," Mr Mchechu said..."We must continue strengthening OTR's institutional capacity so that it can effectively discharge its expanding mandate of managing public investments while contributing to the implementation of Dira 2050."

He noted that with the new financial year having commenced on July 1, expectations from the government, citizens and stakeholders have risen considerably. "The Office of the Treasury Registrar has a responsibility to push dividend and contribution levels beyond current records, increase the value of government investments, and ensure non-tax revenues continue on a strong growth trajectory," he said.

H.E. President, Dr. Samia Suluhu Hassan has set a national goal of increasing non-tax revenue to 10 percent of total government revenue by 2030, up from the current average of about three percent.

Achieving that objective, Mr Mchechu said, will require public institutions to improve productivity, operational efficiency and profitability, strengthen financial discipline, reduce unnecessary dependence on government subsidies, and enhance OTR's own oversight effectiveness.

"This is a major national commitment, and its success depends on the contribution of every one of us," underscored Mr Mchechu.He urged employees to embrace innovation, improve the speed and quality of service delivery, leverage technology and data to enhance productivity and decision-making, strengthen accountability and teamwork, continuously build their skills, and manage public resources with integrity and diligence.

"Every employee of the Office of the Treasury Registrar should clearly understand how their individual contribution translates into the results the nation expects," concluded Mr Mchechu.

Speaking on June 30, 2026, after receiving Sh1.327 trillion in dividends and contributions during Gawio Day 2026, President Samia directed the Treasury Registrar to ensure public entities become more productive, efficient and competitive while steadily reducing their reliance on government subsidies and strengthening their financial sustainability.

"These achievements should not make us complacent. Public investment is substantial, and citizens' expectations are even greater," the President said. She further cautioned that the strong performance of some institutions should not overshadow those that continue to underperform.

"Every institution entrusted with public assets must demonstrate results—what it has produced, the value it has created, how much revenue it has generated, and the extent to which it has reduced its dependence on government support," she said.

Presenting OTR's budget implementation report for the 2025/26 financial year and priorities under the 2026/27–2030/31 Strategic Plan, the Director of Planning, Research and Development at the OTR, Mr Emanuel Luvanda, said the institution will focus on strengthening corporate governance, leadership and human capital.

Furthermore, he said, the focus will be on performance management, resource mobilisation, investment optimisation, stakeholder engagement and institutional capacity to maximise returns from public investments.

Meanwhile, the Director of Administration and Human Resource Management, Mr Chacha Marigiri, said OTR will continue investing in staff development by supporting further education and professional training aimed at enhancing skills, improving performance and increasing productivity.

He added that the Office will continue building a supportive and employee-friendly working environment while promoting a culture of teamwork to achieve institutional objectives.

At the same time, Mr Marigiri warned that poor performance and negligence would not be tolerated within the institution, emphasising that accountability will remain central to OTR's pursuit of higher performance standards.