Tanzania’s implied PPP conversion rate has steadily risen from 9.803 in 1980 to a projected 888.053 in 2029, reflecting changes in currency value and purchasing power over the decades. Compared...
In 2024, Tanzania achieved remarkable progress in transforming its investment landscape, attracting over TZS 40 trillion through Public-Private Partnerships (PPPs) and increasing business registrations by 25% compared to the previous...
Stability at 41.7% of GDP and a Projected Decline to 40.8% Tanzania's general government gross debt stands at a moderate 41.7% of GDP (2023), showcasing a prudent approach to borrowing...
A Sign of Economic Stability In November 2024, the Tanzania shilling exhibited notable appreciation, trading at an average of TZS 2,659.03 per USD, up by 2.3% from October's TZS 2,719.91....
A Strategic Approach to Fiscal Stability Tanzania’s domestic debt, totaling TZS 33.6 trillion in November 2024, reflects a strategic focus on long-term financing through Treasury Bonds, which account for 78.2%...
Strategic Investments and Fiscal Challenges Tanzania’s external debt, totaling USD 33.1 billion in November 2024, highlights a focus on infrastructure, social services, and energy projects, with the central government holding...
Tanzania has maintained stable inflation rates, averaging around 3% from December 2023 to December 2024, with minor increases to 3.1% during mid-2024. This consistency, compared to higher rates in neighboring...
Balancing Growth and Sustainability Tanzania’s government budgetary operations in October 2024 highlight steady progress in revenue collection, achieving 94.9% of the target, driven by robust tax revenues from imports and...
Stability and Growth in Focus Zanzibar's economy demonstrated resilience in November 2024, with headline inflation dropping to 4.5%, reflecting stable food prices and currency strength. Government revenues reached TZS 180...
In November 2024, the Bank of Tanzania maintained a cautious yet supportive monetary policy to ensure economic stability. With a 7-day Interbank Cash Market (IBCM) rate averaging 8.29%, slightly above...