Tanzania has moved to strengthen its cooperation with the International Monetary Fund (IMF) as the country seeks continued support for economic growth, development financing and improved public sector management.
Finance Minister Khamis Mussa Omar held talks with the newly appointed IMF Executive Director for the Africa Department, Zeine Zeidane, during the 2026 African Caucus meetings held at the Sir Dawda Kairaba Jawara International Conference Centre in Banjul, The Gambia.
The meeting focused on strengthening the strategic relationship between Tanzania and the global financial institution, with discussions centred on areas where closer cooperation can support Tanzania’s development priorities.
Mr Zeidane recently assumed the position, replacing Abebe Selassie, whose term as head of the IMF’s Africa Department ended recently.
Tanzania has maintained a long-standing partnership with the IMF since joining the institution on September 10, 1962.
Over the years, the country has accessed IMF financing commitments amounting to SDR 3.27 billion, with the current active portfolio standing at SDR 1.8 billion.
The government said cooperation with the IMF has contributed to Tanzania’s economic transformation through financial support, technical assistance and expertise aimed at improving economic management and supporting development programmes.
The engagement comes as Tanzania continues to pursue policies aimed at expanding investment, strengthening fiscal management and creating a more resilient economy capable of delivering greater opportunities for citizens.
The meeting was also attended by Zanzibar’s Minister of Finance and Planning, Dr Juma Malik Akil, and the Governor of the Bank of Tanzania, Emmanuel Tutuba, who joined discussions on strengthening Tanzania’s engagement with the IMF.
