Tanzania’s national debt, currently at Tsh71.4 trillion ($30.63 billion), is increasing, and the central bank says the dollar's depreciation against other currencies, in which the debt is denominated, is to blame, particularly the Special Drawing Rights (SDRs).
According to the latest Bank of Tanzania monthly economic review for December 2020, external debt stock was $23.8 billion at the end of November 2020, representing an increase of $145.5 million from October 2020 and $1,496.1 million from November 2019.
