Parliament raises alarm over rising public debt, warns of borrowing limits
Tanzania, June 15 -- Dar es Salaam. Parliament's Budget Committee has raised concern over the pace of growth in Tanzania's public debt, warning that key sustainability indicators are edging closer to their limits and could constrain the country's future borrowing capacity if not carefully managed.
Presenting the committee's report on the government's debt position, Budget Committee chairman Mashimba Ndaki said the national debt stood at Sh114.34 trillion as of March 2026, up by 8.97 percent from Sh104.93 trillion recorded in March 2025.
He told Parliament that external debt accounts for 66.4 percent of the total debt stock, while domestic debt makes up 33.6 percent. The debt-to-GDP ratio has also risen to 48.8 percent, moving closer to ...
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