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Tanzania risks debt distress, World Bank warns

Tanzanian President Samia Suluhu Hassan. FILE PHOTO | NMG

By  Harry Misiko  &  THE CITIZEN

Tanzania’s risk of debt distress has worsened from low to moderate, the World Bank has said.

According to a survey conducted in September 2021, the risk has been exacerbated by the poor performance of the tourism sector due to Covid-19 concerns.

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