Tanzania's national debt increases by $3.9 billion in one year, July central bank report reveals

Twin towers forming part of the complex that is the headquarters of the Bank of Tanzania in the heart of Dar es Salaam. A July central bank report shows that Tanzania’s debt stock rose by $3.9 billion in one year. PHOTO | FILE

What you need to know:

  • The debt stock represented an increase of $436.8 million from the preceding month and $2.76 billion from July 2020.