DAR ES SALAAM, June 4 -- TANZANIAS prudent management of public debt has earned international recognition after the country won two prestigious awards for its performance in debt servicing and management.

Presenting the Ministry of Finances 2026/27 budget estimates in the National Assembly on Tuesday, Finance Minister Ambassador Khamis Mussa Omar said Tanzania emerged as the overall winner of the Commonwealth Public Debt Management Award and also received the award for Best Government Debt Management Office in Africa.

The recognition follows the governments success in meeting its debt obligations, with 68.5 per cent of maturing debt for the 2025/26 financial year settled by April 2026.

“As of April 2026, a total of 9.74tri/- equi...