Debt servicing eats up forex reserves by $439m

What you need to know:

  • Tanzania’s foreign exchange reserves shrunk by $439.3 million during the first half of the 2018/19 financial year as the country furthers its loan repayment pace while also conducting a number of big infrastructure projects.

Also Read

Latest

  1. Simba make fine margins count against Azam

  2. NCBA calls for digital shift to widen SME access to finance

  3. Yas supports maternity services at Same hospital

  4. Tanzania seeks Korean investments to accelerate industrialisation growth

  5. Rehab Health chief calls for rehabilitation to be made essential health service

  6. Rubio announces US visa curbs for some foreign nationals from South Africa

In the headlines

View All