Tanzania expects to raise its overall spending by 10% to 61.93-trillion shillings ($24.29-billion) next fiscal year, its Finance Minister Khamis Mussa Omar said.

The East African country faces financial pressure to fund development projects due to the withdrawal of budget support from partners including the US and the European Union.

President Samia Suluhu Hassan said in November that Tanzania may struggle to secure funding from international institutions due to its tarnished global reputation.

Omar said in a budget guidelines document seen by Reuters on Tuesday that the government expects to borrow 15.24-trillion shillings in the fiscal year starting July, from 15-trillion shillings in the current fiscal year.

Hassan was declared the landslide winner of last year's disputed election, which was marred by clashes with security forces over the exclusion of her main challengers.

The economy is forecast to grow 6.3% in 2026, up from 5.9% last year, and growth is expected to reach an average of 6.9% over the medium term, Omar said.