The Bank of Tanzania kept its benchmark interest rate unchanged at 5.75% on Thursday, following a 25-basis-point cut in July. The central bank said the decision reflects forecasts of stable inflation within the 3%–5% target range alongside strong economic performance.
Annual inflation stood at 3.4% in August, broadly in line with the country’s two-year trend. Economic growth reached 5.4% in Q1 2025, up from 5.2% a year earlier, and is projected to exceed 6% in the next quarters, supported by robust investment and exports.
🔔 Follow our WhatsApp Channel for real-time news updates.
President Samia Suluhu Hassan’s administration is pushing ahead with major infrastructure projects, including a hydropower plant and a railway network, as the country prepares for elections in October.
