Fitch Ratings has revised Tanzania’s sovereign credit outlook to positive from stable, citing stronger foreign exchange reserves, manageable fiscal deficits and sustained economic growth that could put the government’s debt burden on a downward path.
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The ratings agency affirmed Tanzania’s long term foreign and local currency issuer default ratings at B+, according to its latest assessment.
Fitch expects Tanzania’s economy to grow by 5.8 percent in 2026, before accelerating to an average of 6.1 percent in 2027 and 2028. It said growth would be supported by public investment, a recovery in tourism, increased mining activity and Tanzania’s growing role as a regional logistics and transport hub.
“The positive outlook reflects expectations that improving external financial buffers and economic expansion will help place government debt on a downward trajectory in the coming years,” Fitch said.
