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Tanzania: What World Bank Boost Means for Tanzania
Daily News, 1 March 2023
THE government has signed a concessional loan agreement of 550 million US dollars (about 1.264tri/-) and a grant of 29.93 million US dollars (about 68.78bn/-) with World Bank (WB)… Read more »
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Tanzania: Tanzania's National Debt Reaches Just Over U.S.$25 Million
Citizen, 10 June 2021
Tanzania's national debt has reached Sh60.9 trillion as of April 2021, this was said by the Minister of Finance and Planning, Dr. Mwigulu Nchemba. Read more »
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Tanzania: Tanzania Enjoys Low Levels of Debt Distress
Daily News, 22 September 2021
TANZANIA enjoys a relatively low level of both internal and external overall debt distress. Read more »
What U.S.$550 Million World Bank Loan Means for Tanzania
The government has signed a concessional loan agreement of U.S.$ 550 million and a grant of U.S.$ 29.93 million with the World Bank to implement Tanzania's Maternal and Child Health programme.
Finance Minister Mwigulu Nchemba said the U.S.$304 million will be for the sustainable rural water and sanitation project, while the U.S.$275 million will be used for the Tanzania maternal and child health project.
The signed agreement is in line with the third national five-year development plan 2021/22-2025/26 and Zanzibar Vision 2050.
The agreement also forms part of the broad agenda of the sixth phase of government under President Samia Suluhu Hassan, which seeks to build a competitive and industrial economy for human development.
InFocus
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Tanzania's Dar es Salaam and other parts of the country face severe water shortages brought on by drought. The water shortage that major cities are facing is derived from a ... Read more »
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The education loan was delayed, following pressure from civil society organisations which raised concerns over schoolgirls' rights. The World Bank said that the education support ... Read more »
