BoT holds key rate at 5.75 pc amid strong economic growth outlook

Bank of Tanzania Governor Emmanuel Tutuba speaks during the announcement of the new Central Bank Rate yesterday. PHOTO | COURTESY

Dar es Salaam. The Monetary Policy Committee (MPC) of the Bank of Tanzania has decided to maintain the Central Bank Rate (CBR) at 5.75 percent. This decision is based on the country's political stability and the strong performance of key economic sectors.

Bank of Tanzania Governor Emmanuel Tutuba indicated that this choice reflects confidence in Tanzania's economic trajectory. He emphasized the importance of sustaining momentum across all sectors.