Innovating Central Banking: The Role of AI in the Bank of Tanzania’s Future Strategies
Artificial Intelligence (AI) has emerged as a transformative technology across various sectors worldwide, including central banking. The Bank of Tanzania (BoT), established in 1965, plays a crucial role in the Tanzanian economy by regulating monetary policy and ensuring financial stability. With advancements in AI, central banks like BoT are increasingly leveraging this technology to enhance…