The Impact of Government Revenues and Government Authority on Economic Growth: Evidence from Tanzania

Abstract

This study aimed to evaluate the impact of fiscal policy on economic growth in Tanzania, focusing on government revenue, expenditure, inflation, and trade openness in relation to GDP. Conducted at the Bank of Tanzania (BoT) and the National Bureau of Statistics (NBS), the study used a quantitative, descriptive design based on secondary data from 1995 to 2023. Keynesian and Classical economic theories guided the research, which utilized trend analysis, correlation analysis and multiple regression. Findings revealed that government revenue and expenditure positively and significantly impacted GDP.