DODOMA, Oct. 17 -- THE Bank of Tanzania (BoT) has alerted Tanzanian citizens against reports circulating on social media that the bank has printed and distributed money to finance the ongoing election campaigns, saying they are false and should be ignored.
The BoT Governor, Emmanuel Tutuba, made the statement today, October 17, 2025 in Dodoma while condemning all those spreading such misinformation.
From the circulated report, others have been urging citizens to withdraw their funds from certain commercial banks because those banks have run out of cash due to the elections.
Elaborating, the Governor stated that the Central bank prints money in accordance with Section 26 of the Bank of Tanzania Act, Chapter 197, and introduces it into c...
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