Completion of Extended Credit Facility and Resilience and Sustainability Facility Programmes

TLDR

• Tanzania's Finance Minister Ambassador Khamis Mussa Omar met with the new IMF representative in Tanzania, Ms Jana Bricco, to discuss economic policies and future cooperation after completing IMF-supported programmes.
• The meeting focused on private-sector growth, inflation, and the implementation of Tanzania's development agenda, including the National Development Vision 2050 and the next Five-Year Development Plan.
• Ambassador Omar emphasized the importance of over six decades of cooperation with the IMF in monitoring economic growth and fiscal policies.
• Ms Bricco congratulated Tanzania on the successful completion of the Extended Credit Facility (ECF) and Resilience and Sustainability Facility (RSF) programmes, which were recognized by the IMF Executive Board.
• The completion of these programmes reflects improvements in macroeconomic stability, fiscal sustainability, and a reduction in public debt levels.