The International Monetary Fund has approved a zero-rated $372.4 million loan to support Covid-19 pandemic relief measures in Tanzania. FILE PHOTO | AFP
Tanzania's efforts to restore its credit rating among global lenders under President Samia Suluhu continued to bear fruit with the International Monetary Fund's latest approval of a zero-rated $372.4 million loan to support Covid-19 pandemic relief measures.
President Suluhu this week hosted the World Bank's Managing Director for Development Policy and Partnerships Mari Pangestu at State House in Dar es Salaam, in what officials described as a follow-up to the face-to-face talks she held with the bank's president David Malpass on the sidelines of the UN General Assembly in New York in September.
