What has changed as Tanzania adopts new monetary policy
The Bank of Tanzania headquarters in Dar es Salaam. The Bank of Tanzania (BoT) on Wednesday announced the adoption of a new monetary policy from this month to maintain price stability and support sustainable economic growth. PHOTO | FILE
Dar es Salaam. The Bank of Tanzania (BoT) on Wednesday announced the adoption of a new monetary policy from this month to maintain price stability and support sustainable economic growth.
Monetary policy consists of decisions and actions taken by the central bank to ensure that the supply of money in the economy is consistent with growth and price objectives set by the government.
