DODOMA, July 5 -- THE Tanzanian financial sector has recorded remarkable progress, particularly through digital payment systems in the four- year presidency of Dr. Samia Suluhu Hassan.

One of the major achievements is the increase in the amount of money transferred from banks to mobile networks. In the year she took office, the total amount was 4,426.91bn/-, accounting for 31.27 percent of all transactions (31,949,446).

By 2024, this figure soared to 11,299bn/-, representing 39.88 percent of 82,676,171 transactions.

This increase reflects the success of sound financial policies and greater inclusion of citizens in formal financial systems.

Additionally, the number of Automated Teller Machines (ATMs) has significantly increased in numb...