Borrowing Costs Remain High, Savings Offer Mixed Returns In January 2025, Tanzania's lending interest rates remained high, with the overall lending rate at 15.73%, slightly up from 15.70% in December...
The Bank of Tanzania's Statement of Financial Position as of January 2025 shows a 1.6% increase in total assets, reaching TZS 25.24 trillion from TZS 24.85 trillion in December 2024....
The Tanzania Shilling (TZS) showed significant appreciation in December 2024, reversing the depreciation trend observed in previous months. The currency’s movement was influenced by increased foreign exchange inflows, monetary policy...
As of December 2024, Tanzania’s domestic debt stood at TZS 32.65 trillion, reflecting a decline of TZS 919.9 billion from the previous month, signaling improved revenue collection and reduced short-term...
Borrowing Patterns, Debt Service, and Sustainability Risks As of December 2024, Tanzania’s total public debt stood at USD 46.6 billion, with external debt accounting for 70.7% (USD 32.9 billion). The...
Zanzibar’s economy grew by 6.2% in 2024, up from 5.8% in 2023, driven by tourism (12.7% growth), trade (7.1% growth), and infrastructure investments. The inflation rate dropped to 3.9%, improving...
Revenue Growth, Expenditure Trends, and Fiscal Deficit Challenges Tanzania’s budget performance in December 2024 reflected strong revenue collection, controlled expenditure, and a widening fiscal deficit. The government collected TZS 2,737.6...
In December 2024, Tanzania’s external sector showed resilience, with total exports rising by 9.8% to USD 14.72 billion, driven by gold (USD 3.49 billion, +4.3%) and tourism (USD 3.10 billion,...
Between 2013 and 2024, Tanzania's economic growth showcased sectoral resilience and dynamism, with standout performances in ICT (13.2% Q4 2020), Construction (28.8% Q4 2016), and Agriculture (14.7% Q2 2016). Despite...
As of January 20, 2025, Tanzania's total outstanding credit from the International Monetary Fund (IMF) stood at $1.01 billion. This figure, unchanged from December 31, 2024, reflects the country's measured...
