Tanzania In Talks With IMF Over $1.1 Bln Financing Package
May 13, 2022 ·
54s
President Samia Suluhu Hassan’s spokesperson says Tanzania is in talks with the International Monetary Fund for a $1.1 billion three-year financing package, and that a team was in the country...
show more
President Samia Suluhu Hassan’s spokesperson says Tanzania is in talks with the International Monetary Fund for a $1.1 billion three-year financing package, and that a team was in the country to examine the request.
The energy minister says Tanzania was in the final stages of securing loans from the World Bank and the IMF to help cushion the rising cost of living.
Finance Minister Mwigulu Nchemba says Russia’s invasion of Ukraine posed a risk to its fiscal budget due to an expected rise in inflation caused by disruptions in the supply chains of various commodities including fuel.
show less
The energy minister says Tanzania was in the final stages of securing loans from the World Bank and the IMF to help cushion the rising cost of living.
Finance Minister Mwigulu Nchemba says Russia’s invasion of Ukraine posed a risk to its fiscal budget due to an expected rise in inflation caused by disruptions in the supply chains of various commodities including fuel.
Information
| Author | Africa Business Radio |
| Website | - |
| Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
