The Bank of Tanzania has amended the Foreign Exchange Regulations,2026 effectively allowing all non- resident investors to invest in Tanzanian Government Treasury Bills and Bonds.
This is a laudable move as it enhances monetary policy transmission, greater capital market liberalization and augurs well for long term economic growth through increased investment.
The previous regime restricted participation in government securities to Tanzanian residents and in exceptional cases to residents of the East African Community. The amendment is timely as it boosts the profile of Tanzania in international investment and augments the Government's Domestic Debt strategy through the diversification of sources of funding.