DAR ES SALAAM, March 30 -- BANK of Tanzania has said inclusive economic growth increasingly depends on robust payment systems, which are streamlining financial access, boosting efficiency and strengthening the resilience of the countrys economy.

The BoT Deputy Governor (Economic and Financial Policies), Dr Yamungu Kayandabila, told Stanford University students visiting the central bank in Dar es Salaam that payment systems drive inclusive economic growth and finance by enabling payments, fuelling supply chains and underpinning financial sector stability.

“The Bank of Tanzania has continued to take various policy measures and invest in infrastructure to strengthen and improve payment systems, while also promoting innovation, partic...