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IMF approves 1.17 trillion shillings for Tanzania's economic reforms
Photo: Tanzania Insight
2026-07-13 10:43   Economy   11

IMF approves 1.17 trillion shillings for Tanzania's economic reforms

The International Monetary Fund (IMF) has approved the release of 443.9 million US dollars to Tanzania following successful completion of reviews under the country’s economic reform programme.This marks a significant milestone in Tanzania’s efforts to maintain macroeconomic stability and promote sustainable growth.The approved disbursement of approximately 1.17 trillion Tanzanian shillings reflects the country’s progress in implementing critical economic reforms despite domestic and external pressures.The funding is divided between two arrangements: the Extended Credit Facility (154.1 million USD) and the Resilience and Sustainability Facility (289.7 million USD).Tanzania’s real GDP growth reached 5.9% in 2025, driven by mining, agriculture, and tourism sectors.Inflation remains controlled at 4.0%, but rising global fuel prices pose risks.The IMF highlighted Tanzania’s economic resilience but warned of challenges like population growth and potential inflationary pressures.

The approval underscores the need for continued fiscal consolidation, improved public financial management, and climate resilience initiatives to support long-term stability.

Full reading at Tanzania Insight

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