Why credit to private sector growth slowed to 3-year low

Bank of Tanzania Governor Florens Luoga (centre) speaks during the launch in Dar es Salaam of the Finance Services Registry. He is flanked by the deputy governor Bernard Kibesse (left) and BoT’s National Payment System’s director, Bernard Dadi. PHOTO | FILE

What you need to know:

  • The slowdown of the provision of loans to economic activities comes as the central bank was implementing an accommodative monetary policy