Bank of Tanzania director says country is securing price stability

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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 CentralBanking.com 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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