DAR ES SALAAM, Feb. 22 -- TANZANIAS economy has received a vote of confidence from global ratings agency Moodys Ratings, which has affirmed the countrys long-term foreign and local currency sovereign ratings at B1 and maintained a stable outlook, signalling resilience, steady reform progress and sustained economic momentum.
In a rating action released on Friday, Moodys said Tanzania continues to demonstrate strong growth prospects, improving policy effectiveness and strengthening revenue mobilisation, while public debt remains moderate relative to peers.
The affirmation means Tanzania has avoided a downgrade following the 2025 General Election unrest.
More importantly, the stable outlook indicates Moodys expects the countrys growth, fisc...