<\/p>\n
The mission, led by Nicolas Blancher, held discussions in Tanzania from April 28 to May 12, 2026, covering the sixth plus seventh reviews under the ECF and the third plus fourth reviews under the RSF. Subject to IMF Executive Board approval, completion of the reviews would make $375.5 million available.<\/p>\n
<\/p>\n
Total IMF support under the arrangements would rise to $1 052 million under the ECF programme, plus $563.8 million under the RSF programme.<\/p>\n
<\/p>\n
Blancher said programme objectives have largely been achieved, citing sustained growth, stable inflation within the Bank of Tanzania target range, adequate international reserve cover, plus increased spending for priority social sectors, including education plus health. The mission also said Tanzania has strengthened macroeconomic stability, built buffers, plus improved resilience to climate-related risks.<\/p>\n
<\/p>\n
The mission noted that spillovers from the Middle East war have been managed to date through fuel supply measures, gradual pass-through of international oil prices to domestic prices, plus exchange rate flexibility. The mission urged targeted, temporary, plus transparent support for vulnerable households to protect fiscal space. The mission also said the Bank of Tanzania should remain prepared to raise policy rates if inflation pressures intensify, while maintaining the exchange rate as the primary shock absorber.<\/p>\n
<\/p>\n
For 2026, the mission projected growth of 5.9%, with inflation rising to 4.7% plus the current account deficit widening to 2.9% of gross domestic product, linked to higher oil plus fertiliser prices plus disruptions affecting agriculture, tourism, plus transport.<\/p>\n
<\/p>\n
The medium-term outlook was described as favourable, with growth projected to rise toward 6.3% under stronger mining, agriculture, plus tourism performance, while inflation remains within the 3% to 5% target band. Risks were described as tilted to the downside, including wider global slowdown, geoeconomic fragmentation, declining development assistance, plus domestic pressures linked to fiscal strain or reform slippage.<\/p>\n
<\/p>\n
The mission stated that reform acceleration will be critical under Tanzania\u2019s Development Vision 2050, with priorities including stronger domestic revenue mobilisation, improved public financial management and investment management, reinforced central bank independence, a better business environment, alongside continued climate resilience reforms and expanded social safety nets.<\/p>\n
<\/p>\n
–IMF\/ChannelAfrica–<\/p>\n","protected":false},"featured_media":34425,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-34424","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"An International Monetary Fund (IMF) mission has reached a staff-level agreement with Tanzanian authorities on policy steps required to complete the final reviews under Tanzania\u2019s programmes supported by the Extended Credit Facility (ECF) plus the Resilience and Sustainability Facility (RSF).","published_date":"","news_description":"An International Monetary Fund (IMF) mission has reached a staff-level agreement with Tanzanian authorities on policy steps required to complete the final reviews under Tanzania\u2019s programmes supported by the Extended Credit Facility (ECF) plus the Resilience and Sustainability Facility (RSF).","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/34424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/34424\/revisions"}],"predecessor-version":[{"id":34426,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/34424\/revisions\/34426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/34425"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=34424"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=34424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}