Tanzania Secures $790 Million Lifeline to Bolster Climate Resilience
The International Monetary Fund (IMF) announced a significant agreement with Tanzania on Friday, May 17th, 2024. The agreement provides the East African nation with a much-needed financial boost of $790 million to bolster its resilience against the growing challenges of climate change. This concessional financing, provided under the IMF’s recently established Resilience and Sustainability Facility (RSF), signifies a critical step towards supporting Tanzania’s efforts to adapt to […]