IMF Approves Over $900 Million to Support Tanzania Budget, Climate Change Fight
By Kanishka Singh
The IMF said on Thursday its executive board approved funding for Tanzania of $786.2 million to help tackle climate change while also completing a separate review allowing for the disbursement of $149.4 million for budget support.
Tanzanian authorities are committed to continue implementing reforms to preserve macro-financial stability, strengthen economic recovery, and promote sustainable and inclusive growth, the International Monetary Fund said in a statement.
Photo courtesy of ellinor.lindstrm.
Source: CNBC Africa (link opens in a new window)
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