Tanzania is stepping up efforts to secure new financing opportunities and strengthen its macroeconomic stability as Dr. Natu El-Maamry Mwamba, Permanent Secretary at the Ministry of Finance and Paymaster General, leads the country’s delegation to the World Bank and International Monetary Fund (IMF) Annual Meetings in Washington, D.C.
Representing Finance Minister Dr. Mwigulu Lameck Nchemba, Dr. Mwamba is participating in high-level policy discussions centered on this year’s theme, “Foundations for Growth and Jobs,” which focuses on boosting economic resilience and inclusive employment in developing economies.
The meetings, which draw senior finance officials, central bank governors, and private sector leaders from across the globe, offer Tanzania a platform to advocate for increased concessional financing, debt sustainability, and investment in key growth sectors such as agriculture, infrastructure, and energy.
During her visit, Dr. Mwamba met with Tanzania’s Ambassador to the United States, Dr. Elsie Sia Kanza, who briefed her on ongoing initiatives to attract U.S. investment and deepen economic cooperation.
Dr. Mwamba commended the Embassy’s efforts and reaffirmed the government’s commitment to supporting diplomatic missions that drive trade and investment partnerships.
Dr. Mwamba is scheduled to hold bilateral discussions with World Bank President Ajay Banga, World Bank Vice President for Eastern and Southern Africa Dr. Ndiamé Diop, and IMF Managing Director Kristalina Georgieva.
The talks will focus on expanding Tanzania’s access to development financing and technical support for reforms aimed at strengthening fiscal discipline, financial inclusion, and job creation.
“These meetings are crucial for aligning Tanzania’s development goals with global financing priorities,” Dr. Mwamba said ahead of the sessions.
“We aim to ensure that every partnership contributes to sustainable economic transformation and tangible benefits for Tanzanians.”
Tanzania’s participation in the Washington meetings comes as the government continues to implement broad fiscal and monetary reforms under President Samia Suluhu Hassan’s administration. The reforms aim to stabilize inflation, manage public debt, and enhance private-sector-led growth.
The Tanzanian delegation also includes Bank of Tanzania Governor Emmanuel Tutuba, Deputy Governor Dr. Yamungu Kayandabila, Deputy Permanent Secretary Amina Khamis Shaaban, Chief Government Statistician Dr. Amina Msengwa, and National Planning Commission Executive Secretary Dr. Fredy Msemwa, among others.
Tanzania, one of Africa’s fastest-growing economies, is prioritizing investments that support industrialization and value addition in agriculture, while maintaining fiscal prudence.
With real GDP growth projected to remain above 5%, the country’s engagement with the World Bank and IMF is expected to bolster access to affordable financing and policy support essential for sustaining that trajectory.
The World Bank and IMF Annual Meetings provide an important platform for developing economies like Tanzania to influence global financial policies, engage donors, and negotiate investment frameworks that balance growth ambitions with long-term fiscal sustainability.