The International Monetary Fund's Executive Board completed the final sixth and seventh reviews under Tanzania's Extended Credit Facility arrangement and the final third and fourth reviews under its Resilience and Sustainability Facility arrangement, allowing an immediate disbursement of SDR 324.9 million, about USD 443.9 million. The IMF said Tanzania's reform program remained broadly on track, with strong growth and preserved macro-financial stability. Real GDP growth reached 5.9 percent in CY25, inflation was 4.0 percent year on year in June 2026, and medium-term growth is projected at about 6.2 percent. The disbursement comprises SDR 113.37 million under the ECF and SDR 213.12 million under the RSF, bringing total access to about USD 1,063 million and USD 636.5 million respectively. Program implementation was mixed but largely met targets: all end-June 2025 quantitative performance criteria were met, all end-September 2025 indicative targets were met except the domestic primary balance, and all end-December 2025 quantitative performance criteria were met except net domestic assets, for which the authorities requested a waiver. Four structural benchmarks were implemented on time and three with delay, while under the RSF five reform measures were completed and three energy-sector measures were not. The IMF flagged rising fuel prices and a prolonged conflict in the Middle East as key downside risks, and pointed to continued fiscal consolidation, exchange rate flexibility, adequate reserves, stronger central bank and supervisory frameworks, and faster business climate and climate resilience reforms as priorities.

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