Tanzania's national debt rises by Sh6.9 trillion in one year to reach Sh76 trillion
Published on: Friday 03 March 2023
Dar es Salaam. Economic experts have expressed concern about the growing national debt, warning that the trend is unhealthy for the economy if the borrowed money is not used to support the productive sectors.Going by the Bank of Tanzania’s Monthly Economic Review (MER), the national debt increased by Sh6.9 trillion in the 12 months ending January 2023.Under the period under review, according to the central bank, the national debt jumped from...
