Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
Mwananchi Communications Limitted
Dar es Salaam. Tanzania’s external debt was $725.8 million lower at the end of August 2023 as the dollar remained strong against other currencies in the debt portfolio, according to new Bank of Tanzania (BoT) figures.
The central bank says in its Monthly Economic Review (MER) for September 2023 that the country’s external debt stock at the end of August 2023 was $28.61 billion, down marginally from $29.52 billion that was recorded at the end of July 2023.
