TICGL

| Economic Consulting Group

TICGL | Economic Consulting Group
Global Debt Hits USD 250 Trillion, What Tanzania’s 43.3% Public Debt Means Amid Global Pressures
In 2024, global debt surged to an alarming USD 250 trillion, equal to 237% of global GDP, as reported by the IMF’s 2024 Global Debt Monitor. Of this, USD 98...
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Does the Tanzania Shilling remain stable amid rising forex demand?
In February 2025, the Tanzania shilling remained broadly stable against the US dollar, with only a slight depreciation from TZS 2,560/USD in January to TZS 2,566/USD, marking a modest 0.23%...
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Tanzania’s Public Debt Climbs to TZS 110 trillion, Averaging TZS 1.58 million per Citizen
As of February 2025, Tanzania’s total public debt reached TZS 109.92 trillion (approximately USD 42.68 billion), with external debt accounting for 73.4% (TZS 80.73 trillion) and domestic debt 26.6% (TZS...
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How do Tanzania's budget operations reflect strong tax performance amid rising fiscal pressure?
In January 2025, Tanzania's central government recorded total revenue of TZS 2,697.8 billion, achieving 98.3% of the monthly target. Tax revenue reached TZS 2,222.3 billion, slightly exceeding the target by...
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How has the TRA emerged as the pillar of the country’s domestic revenue growth?
In the first nine months of the 2024/25 fiscal year, the Tanzania Revenue Authority (TRA) collected TZS 24.05 trillion, surpassing its target of TZS 23.21 trillion by TZS 0.84 trillion...
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How Tanzania’s External Debt Supports Development Despite Currency Risks
As of February 2025, Tanzania’s external debt stock reached USD 31.31 billion, reflecting a monthly increase of USD 393.4 million (1.3%). The central government accounts for 79.7% of the total,...
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How Institutional Investors Dominate Tanzania’s Domestic Debt Market
As of February 2025, Tanzania’s government domestic debt stood at TZS 29.19 trillion, marking a monthly increase of TZS 195.7 billion (0.7%). The debt is largely held by institutional investors,...
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Tanzania Maintains Strong Foreign Reserves to Support Economic Stability
As of February 2025, Tanzania’s gross official foreign reserves stood at USD 5,450.5 million, slightly down from USD 5,528.1 million in January, reflecting a 1.4% monthly decrease. Despite this dip,...
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Are interest rate trends in Tanzania showing lower lending rates and declining deposit returns?
In February 2025, Tanzania experienced a slight easing in lending rates, with the overall lending rate falling to 15.14% from 15.73% in January—indicating a move toward more affordable credit. At...
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Tanzania’s Tourism Sector Surges with Record Growth in 2023
In 2023, Tanzania’s tourism sector recorded a remarkable recovery, welcoming 1,809,205 tourists, a 24.3% increase from 1,456,192 in 2022. Tourism earnings surged to USD 3.37 billion, up by 33.2% from...
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