Fitch maintains Tanzania's rating at ‘B+ with stable outlook’

Dar es Salaam. Fitch Ratings has maintained Tanzania’s rating at B+ with a stable outlook, citing the country’s robust economic growth, low inflation and moderate government debt levels as key strengths.

However, the agency noted that the country’s governance indicators, revenue underperformance, and a weak macroeconomic policy framework relative to peers remain constraints on its credit profile.