The Minister for Finance, Amb. Khamis Mussa Omar on Monday led the first 2026 review meeting between the Government of Tanzania and global credit rating agency Fitch Ratings Ltd to assess the country’s capacity to borrow and manage debt in international financial markets.
The three-day discussions, running from March 16 to 18 in Dar es Salaam, involve in-depth consultations with government ministries, public institutions, and the private sector.
Speaking at the opening, Omar highlighted Tanzania’s economic resilience.
“Our economy continues to grow at an estimated six percent, demonstrating the strength of our economic policies and government efforts to develop various sectors of the economy,” he said.
The review provides Fitch with detailed insights into Tanzania’s economic performance, monetary policy, and government strategies for managing public debt.
Fitch’s participation, led virtually by Chief Analyst Jose Mantero from the United States, aims to strengthen transparency and information access for international investors and enhance confidence in Tanzania’s capacity to borrow and service debt.
“The outcome of this review will be important in improving market confidence and ensuring investors have access to reliable information about Tanzania’s creditworthiness,” Omar added.
The meeting also included Tanzania’s Permanent Secretary of the Ministry of Finance, Natu El-maamry Mwamba, the Commissioner for Government Debt Management, Japhet Justine, Acting Commissioner for Policy, Remidius Ruhunduka, and other senior officials from the Ministry of Finance.
The Fitch review is expected to conclude on March 18 with a formal assessment that will influence investor confidence and international perceptions of Tanzania’s financial stability.
