Why Fitch Ratings has given Tanzania stable outlook score

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Dar es Salaam. Tanzania’s steady macroeconomic fundamentals have once again caught the attention of international credit rating agencies, with the Fitch Ratings affirming the country’s B+ rating and a stable outlook.

In its latest rating action, which was made public June 14, 2024, Fitch Ratings affirmed Tanzania’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with a Stable Outlook.