IMF sees Tanzania growth at 5.9pc despite Middle East spillovers
Tanzania, May 13 -- Dar es Salaam. Tanzania's economy remains resilient against global shocks linked to the Middle East conflict, even as elevated oil prices and supply chain disruptions continue to affect trade, inflation and fiscal pressures, according to the International Monetary Fund (IMF).
An IMF team led by Mr Nicolas Blancher visited Tanzania for discussions on the sixth and seventh reviews under the Extended Credit Facility (ECF), and the third and fourth reviews under the Resilience and Sustainability Facility (RSF).
Completion of the reviews would unlock about $375.5 million in financing, subject to approval by the IMF Executive Board.
At the conclusion of the mission, Mr Blancher said economic growth in 2026 is projected at...
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