Tanzania Investment and Consultant Group Ltd

| Economic Research Centre

Tanzania Shilling Depreciates by 3.9% Year-on-Year in April 2025
In April 2025, the Tanzania Shilling (TZS) exhibited a moderate depreciation trend, with the average exchange rate reaching TZS 2,684.41/USD, a 3.9% annual decline from ~TZS 2,583/USD in April 2024...
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TZS 2.6 trillion Tax Surplus Marks Strong Administration, but Non-Tax Shortfall Signals Strategic Gaps
Tanzania’s fiscal policy in March 2025 demonstrates a robust tax administration framework, with tax revenue reaching TZS 2,603.3 billion, 2% above target, significantly supporting development spending of TZS 1,406.7 billion....
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Tanzania’s Domestic Debt Hits TZS 34.76 Trillion in April 2025, Up 1.5% Month-on-Month and 9.2% Year-on-Year
In April 2025, Tanzania’s government domestic debt reached TZS 34,759.9 billion, a 1.5% increase from TZS 34,255.4 billion in March 2025 and a 9.2% rise from TZS 31,836.5 billion in...
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Tanzania’s Current Account Deficit Narrows 18.6% to USD 2.22 Billion in April 2025
Tanzania’s external sector showed robust improvement in April 2025, with the current account deficit narrowing by 18.6% to USD 2,224.9 million from USD 2,733.4 million in April 2024, driven by...
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BoT Intervenes with USD 6.25M to Anchor TZS at 2,684.41/USD and Boost Agricultural Trade
In April 2025, the Tanzania Shilling (TZS) depreciated by 3.9% annually to TZS 2,684.41/USD, reflecting pressures from import demand and global economic conditions. The Bank of Tanzania’s interventions, including selling...
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In 2025, Tanzania maintains economic stability with a 3.2% headline inflation, a 5% target, and a 557K-tonne food stock buffer
In May 2025, the Bank of Tanzania’s medium-term inflation target of 5% remains a cornerstone for fostering sustainable economic development, balancing price stability with robust growth. According to the "Monthey...
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Tanzania’s External Debt Hits USD 35.51 Billion in April 2025
In April 2025, Tanzania’s external debt reached USD 35.51 billion, with the central government holding 76.7% (USD 27.22 billion) and the private sector 23.3% (USD 8.28 billion), including significant interest...
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Total Expenditure Hits TZS 3,375.1 Billion, Balanced Between Recurrent and Development Spending
In March 2025, Tanzania’s government budgetary operations showcased robust fiscal performance, with total revenue of TZS 3,090.8 billion, falling 3.1% short of the TZS 3,190 billion target due to non-tax...
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Lending Rates Ease to 15.16% Amid Stable Monetary Policy
In April 2025, Tanzania’s banking sector exhibited stable yet dynamic interest rate trends, reflecting a competitive financial environment. The overall lending rate eased to 15.16% from 15.50% in March 2025,...
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Treasury Bills Oversubscribed by 26.15% Amid Yield Drop to 8.86%
In April 2025, Tanzania's financial markets demonstrated robust activity, reflecting strong investor confidence and effective liquidity management. The Government Securities Market saw significant oversubscription, with Treasury bill bids reaching TZS...
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