Tanzania affirms its cautious borrowing position amid concern over the rising trajectory of national debt
DODOMA, June 23 -- WHILE some Members of Parliament have expressed concern over the rising trajectory of national debt, the government has reaffirmed its position that it will continue borrowing cautiously, while closely monitoring debt sustainability through ongoing fiscal and economic assessments.
Responding to the concerns during the debate on the 2026/2027 National Budget on June 23, 2026, in Parliament in Dodoma, the Minister for Finance, Ambassador Khamis Mussa Omar, stated that all new borrowing will be directed toward national development priorities that have direct impact on economic growth.
He explained that the government continues to use borrowing as part of budget financing, but within a structured Debt Sustainability Asses...
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