TZ waits IMF approval on 1.2tri/- financing

TZ waits IMF approval on 1.2tri/- financing

TANZANIA: THE International Monetary Fund (IMF) has announced a staff-level agreement with Tanzanian authorities that would grant the country access to approximately 441 million US dollars, equivalent to 1.2tril/- in financing. The agreement, pending approval by the IMF Executive Board, is expected to provide a significant boost to Tanzania’s economy and support its efforts to strengthen fiscal and economic resilience. IMF said in a statement on…

International Monetary Fund (IMF) Staff Conclude the 2025 Article IV Discussions and Reach Staff-Level Agreement with Tanzania on the Fifth Review of the Extended Credit Facility and the Second Review of the Resilience and Sustainability Facility

The IMF and Tanzanian authorities have reached staff-level agreement on the fifth review under the Extended Credit Facility (ECF) and the second review under the Resilience and Sustainability Facility (RSF). Once approved by the IMF Executive Board, Tanzania will gain access to US$441 million in financing. Tanzania’s economic outlook is favorable, with robust growth, low […]