Completion of ECF and RSF Programmes by Tanzania

TLDR

• Tanzania has successfully completed the Extended Credit Facility (ECF) and Resilience and Sustainability Facility (RSF) programmes with the International Monetary Fund (IMF).
• Finance Minister Ambassador Khamis Mussa Omar emphasized the importance of the IMF in supporting Tanzania's economic stability and development agenda during a meeting with the new IMF representative, Jana Bricco.
• The partnership between Tanzania and the IMF has lasted over six decades, dating back to the 1960s.
• Future cooperation between Tanzania and the IMF will focus on economic growth, fiscal and monetary policy, private sector development, and price stability.
• Ms. Bricco acknowledged that the completion of the ECF and RSF programmes indicates improvements in macroeconomic stability, fiscal sustainability, and the country's debt position.