According to a statement issued in Washington DC in the United States, the agency’s Board of Directors has reached a decision that the money that Tanzania had to pay would now come from the CCRT disaster relief fund and…

By Samuel Kamndaya @TindwaSamuel stindwa@tz.nationmedia.com Source; THE CITIZEN Dar es Salaam. President John Magufuli yesterday called upon international financial institutions to consider extending debt relief to poor countries so that they can use the funds to fight against Covid-19. The…

France will reallocate almost €1.2bn of African development aid to the fight against coronavirus as part of President Emmanuel Macron’s effort to focus international attention on the health and economic impact of the pandemic on the continent. French foreign minister…

The International Monetary Fund has approved grants to 25 of member countries to allow them to focus resources on fighting the coronavirus. The fund and World Bank have called on richer countries to consider suspending or canceling debt obligations from…

Recently there has been a recommendation from the IMF and the World Bank (WB) for lending countries to plan to provide debt relief and to extend loans to the 76 poorest countries in the world to increase the capacity of…

Source: JamiiForums. Benki ya Dunia (WB) imesema ipo tayari kuipaTanzania mkopo wa masharti nafuu wa Dola 1.7 bilioni ambazo ni zaidi ya Sh3.9 trilioni. Fedha hizo ni zile zilizobaki katika fungu awamu ya 18 ya mgao wa chama cha kimataifa…

20Feb 2019 The Guardian Reporter DAR ES SALAAM The country’s external debt stock rose by $119.3 million between November and December last year, Bank of Tanzania (BoT) has reported. In its Monthly Economic Review for January, BoT said the external…