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What does Tanzania’s adoption of a new monetary policy mean for the economy?
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January 4, 2024January 4, 2024News

What does Tanzania’s adoption of a new monetary policy mean for the economy?

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The adoption of a new monetary policy in Tanzania signifies a shift towards an interest rate-based framework aimed at maintaining price stability and supporting sustainable economic growth. The Bank of Tanzania (BoT) announced this change, emphasizing its alignment with international best practices and commitment to harmonizing monetary policy frameworks within the East African Community and...

Tanzania Annual Inflation Accelerated to 4.4% in June 2022
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July 13, 2022July 13, 2022Analysis, Business, Data

Tanzania Annual Inflation Accelerated to 4.4% in June 2022

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The below report is the summary from the National Bureau of Statistics of Tanzania released on July 11, 2022 Tanzania’s annual inflation rate accelerated in June, the country’s national bureau of statistics said Monday. The 12-month headline inflation rate rose to 4.4% in June from 4.0% in May, the statistics bureau said in its July...