Projected Decrease of Government Debt to GDP Ratio from 48.9% in 2025 to 46.2% in 2028
Latest Tanzania finance news · Projected Decrease of Government Debt to GDP Ratio from… explained · 2028 updates · updated Aug 22, 2026 · economy news · GDP · investment
TLDR
- Fitch Ratings has assigned a B (Positive) rating to Tanzania, indicating improvements in economic fundamentals and policy stability.
- Foreign exchange reserves in Tanzania are projected to increase from $6.3 billion at the end of 2025 to $7.9 billion by 2028.
- The budget deficit for the fiscal year ending June 2026 is estimated at 2.8% of GDP, expected to remain around 3% until 2028.
- Tax revenue as a percentage of GDP is forecasted to rise from 14.6% in 2023 to 15.6% by 2025.
- Government debt to GDP ratio is projected to decrease from 48.9% in 2025 to 46.2% in 2028, below the average of 55% for similar countries.