TANZANIA, Aug. 24 -- FITCH Ratings has raised Tanzanias credit outlook to positive from stable, citing stronger foreign-exchange reserves, contained fiscal deficits and robust economic growth that should help put government debt on a downward trajectory.

The ratings agency affirmed Tanzanias longterm foreign- and localcurrency issuer default ratings at B+, according to its latest assessment.

Fitch forecasts Tanzanias real Gross Domestic Product (GDP) growth at 5.8 per cent in 2026 and an average of 6.1 per cent in 2027-28, supported by public investment, tourism, the countrys role as a regional logistics hub and growth in mining.

It expects international reserves to rise to 7.9 billion US dollars in 2028 from 6.3 billion dollars at the...