Bank of Tanzania director says country is securing price stability

Bank of Tanzania

Tanzania's tight monetary policies are helping usher the country towards a period of single-digit inflation and buoyant growth, according to the central bank's director of economic research and policy, Joseph Masawe.

His comments to follow a statement from an International Monetary Fund (IMF) assistant director, Paulo Mauro, who praised the Tanzanian economy for "continuing to perform strongly" following his visit to the country.

Gross domestic product (GDP) growth is

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