DAR ES SALAAM, June 2 (Xinhua) -- Tanzania paid about 3.9 billion U.S. dollars in maturing public debt by April 2026, achieving 68.5 percent of its annual target for the 2025/2026 financial year, Minister of Finance Khamis Omar said Tuesday.
Presenting his ministry's budget proposals for the 2026/2027 fiscal year in parliament in Dodoma, Omar said the government planned to service a total of 5.69 billion dollars in maturing debt during the current 2025/2026 fiscal year.
He told lawmakers that of the amount already paid, about 1.78 billion dollars went toward external debt, while about 2.12 billion dollars was used to settle domestic obligations.
Timely debt servicing has strengthened Tanzania's credibility in regional and international financial markets, helping sustain investor confidence and macroeconomic stability, he said.
Omar said that continued discipline in debt repayment remains a key priority for the government as it seeks to maintain sustainable public finances while supporting economic growth. ■
