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Tanzania’s Central Bank, BoT, Slashes Discount Rate To Ease Credit Policy

April 17, 2023 8:11 pm18 comments
Tanzania’s Central Bank,  BoT, Slashes Discount Rate To Ease Credit Policy

Bank of Tanzania (BoT) has slashed down the discount rate by 4 percent and with immediate effect the new rate is now 12 percent. This is a major policy stance by the central bank since President John Magufuli came to power in November 2015. In 2016 the government ordered transfer […]

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