Tanzania: Several Banks Mum On Debt Schedule Tips

SOME banks have started to implement the central bank's advice to ease debt payment to clients due to the impact of Covid-19, but some are yet to do so since it is not a one-size-fits-all exercise.

A fortnight ago, the Bank of Tanzania (BoT), announced a deci- sion to ease monetary measures to cushion banks and debtors from the Covid-19 economic impact that include cutting key rates to increase liquidity in the economy.

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