Moody’s raised Tanzania’s rating to B1 from B2, adjusting the outlook to stable. This upgrade reflects Tanzania’s economic resilience, diversified economy, and stable debt levels. The agency projects steady GDP growth driven by private-sector investment and improved competitiveness. Despite these positive forecasts, Moody’s cautions about the persistent current account deficit, vulnerability to external imbalances, and exposure to climate shocks due to the economy’s dependence on agriculture.