IMF COMMENDS TANZANIA FOR STRONG COLLABORATION IN ECONOMIC REFORM PROGRAMMES

Permanent Secretary of the Ministry of Finance and Government Chief Paymaster, Natu El-maamry Mwamba, leading a meeting between experts from the Ministry of Finance and the International Monetary Fund (IMF). The session, held at the Ministry of Finance offices, Treasury Square in Dodoma, is focused on reviewing the progress of various IMF-funded programmes in the country.

Permanent Secretary of the Ministry of Finance and Government Chief Paymaster, Natu El-maamry Mwamba, bidding farewell to the IMF Mission Chief, Nicolas Blancher, after officially opening a meeting of experts from the Ministry of Finance and the International Monetary Fund (IMF).

Dodoma | April 28, 2026

Tanzania has received recognition from the International Monetary Fund (IMF) for its strong and constructive partnership in implementing key economic reform programmes aimed at strengthening the country’s economy and resilience.

The commendation was delivered by Nicolas Blancher, who led an IMF delegation on a comprehensive review mission assessing the progress of programmes supported by the institution. The meeting took place in Dodoma with the Tanzanian delegation led by Natu El-maamry Mwamba, Permanent Secretary at the Ministry of Finance and Government Chief Paymaster.

Strengthening Economic Foundations

The IMF acknowledged Tanzania’s effective implementation of reforms under the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF) programmes. These initiatives are designed to support macroeconomic stability, promote inclusive growth, and enhance the country’s capacity to withstand climate-related shocks.

The ECF programme focuses on providing concessional financing to boost the economy through productive sectors and social services, while the RSF programme targets long-term resilience, particularly in addressing the impacts of climate change.

According to Blancher, the IMF remains committed to supporting Tanzania in completing the ongoing programmes and shaping the next phase of reforms.

“One of the main objectives of this two-week mission is to discuss key economic policy issues, particularly how Tanzania is navigating challenges arising from the ongoing geopolitical tensions in the Middle East,” he noted.

Focus on Financial Sector and Social Investment

The IMF has encouraged Tanzania to further strengthen its financial sector and increase social spending in critical areas such as health and education. These efforts are seen as essential to accelerating private sector growth, creating jobs, and advancing the country’s long-term development agenda under the National Development Vision 2050.

Government Reaffirms Commitment

On her part, Dr. Mwamba expressed appreciation for the IMF’s continued support in advancing Tanzania’s economic reform agenda. She reaffirmed the Government’s commitment to maintaining close collaboration with the IMF to achieve inclusive growth and sustainable development.

The Government also expressed optimism about reaching agreements that will ensure timely access to financial resources and reinforce the country’s economic stability.

Progress Update on ECF Programme

Dr. Mwamba highlighted that Tanzania has made notable progress in implementing the ECF programme. Out of eight key performance benchmarks:

• Two have been successfully completed, including the establishment of an Emergency Liquidity Assistance (ELA) framework and improvements in the collateral framework for financial institutions.
• Five benchmarks are currently under implementation, including:
• Reforms to the Public Investment Management framework
• Enhancements to the VAT refund system
• Proposed legislation aimed at expanding the range of acceptable collateral assets

Advancements Under RSF Programme

Significant strides have also been recorded under the RSF programme, with five out of eight reform measures already completed. These include:

• Development of long-term energy sector plans that integrate climate change considerations
• Establishment of systems for collecting climate-related financial risk data

Outlook

The ongoing collaboration between Tanzania and the IMF underscores a shared commitment to maintaining macroeconomic stability, strengthening institutions, and building resilience against global and climate-related challenges. As reforms continue to take shape, Tanzania is positioning itself for sustained growth, improved social outcomes, and a more resilient economic future.