Tanzania Holds Key Policy Rate at 5.75%

2025-10-02 07:36 By Czyrill Jean Coloma 1 min. read

The Bank of Tanzania held its benchmark interest rate steady at 5.75% during its October 2025 monetary policy meeting, following a 25 basis point cut in July.

Governor Emmanuel Tutuba stated that the decision reflects the outlook for stable inflation within the target range of 3% to 5%, alongside expectations of continued robust economic growth.

Tanzania’s annual inflation rate inched up to 3.4% in August 2025 from 3.3% in July, marking the highest level since June 2023.

Still, the latest figure remains broadly stable, hovering around 3% over the past two years and staying within the central bank’s target range.

Meanwhile, the country's economy grew by 5.4% year-on-year in the first quarter of 2025, maintaining the same pace of expansion as in the previous quarter.



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Tanzania Holds Key Policy Rate at 5.75%
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