IMF approves $443.8 million for Tanzania after final programme reviews
Tanzania, July 11 -- Washington, DC. The Executive Board of the International Monetary Fund (IMF) has completed the final reviews of Tanzania's economic reform programmes under the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF), paving the way for the immediate disbursement of about $443.8 million.
The approval allows Tanzania to access $154.1 million under the ECF and $289.7 million under the RSF.
With the latest disbursement, Tanzania has received a total of about $1.063 billion under the ECF programme and $636.5 million under the RSF arrangement.
The 40-month ECF programme, approved in July 2022 and later extended, supports Tanzania's efforts to sustain economic recovery, preserve macroeconomic s...
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