Tanzania's Finance Minister, new IMF representative discuss post-programme economic priorities

Tanzania's Finance Minister, Ambassador Khamis Mussa Omar, has engaged in talks with the newly appointed International Monetary Fund (IMF) representative in Tanzania, Ms. Jana Bricco. The discussions centered on the nation's economic priorities following the conclusion of its IMF-supported programs.

Key topics included strategies for fostering private-sector growth, managing inflation, and outlining the next phase of cooperation between Tanzania and the IMF. Both parties explored avenues to strengthen their collaboration in advancing Tanzania's development agenda, specifically referencing the National Development Vision 2050 and the strategic objectives of the upcoming Five-Year Development Plan.

Ambassador Omar highlighted Tanzania's long-standing relationship with the IMF, dating back to the 1960s. He emphasized the value of this partnership in monitoring economic growth, fiscal and monetary policies, and their implementation's impact. The minister affirmed the government's commitment to continued cooperation aimed at bolstering the country's economy and achieving its development aspirations.

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We have had cooperation with the IMF for a long time, since the 1960s, and we have continued to work together in various areas aimed at strengthening the country’s economy and advancing our development agenda.