DAR ES SALAAM, June 25 -- ECONOMIC and financial analysts have welcomed the Finance Act, 2026 provision allowing the government to obtain temporary advances from the Bank of Tanzania (BoT), describing it as an important economic shock absorber during emergencies.

They said the arrangement reflects a standard fiscal practice adopted in many countries to cushion economies against unforeseen shocks.

Under the Finance Act, 2026, the BoT may grant temporary advances to the government in the event of an unforeseeable or unavoidable occurrence that causes a temporary revenue shortfall.

Such events are limited to disasters as defined under the Disaster Management Act, external economic shocks of exceptional magnitude and impact, as well as sta...