Moody’s affirms Tanzania at B1, citing steady growth and reform progress

DAR ES SALAAM: Global credit ratings agency Moody’s Ratings has affirmed Tanzania’s long-term foreign and local currency sovereign ratings at B1 with a stable outlook, signalling confidence in the country’s macroeconomic management and medium-term growth prospects. In a rating action released on Friday, Moody’s said Tanzania continued to demonstrate strong economic growth, improving policy effectiveness … Continue reading Moody’s affirms Tanzania at B1, citing steady growth and reform progress