United Republic of Tanzania: Third Review Under the Policy Support Instrument and Request for Waivers and Modification of Assessment Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the United Republic of Tanzania.

January 31, 2012

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United Republic of Tanzania: Third Review Under the Policy Support Instrument and Request for Waivers and Modification of Assessment Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the United Republic of Tanzania., (USA: International Monetary Fund, 2012) accessed November 27, 2024

Summary

Tanzania’s fiscal policy has been tightened owing to the deteriorating financing climate and rising inflation. The Bank of Tanzania has tightened its reserve money program for 2011/12, and domestic interest rates have risen sharply since mid-2011. The authorities are expanding Tanzania’s electric power generation capacity and raising electricity tariffs. Tanzania has good prospects as a major producer of natural gas by the end of the decade. The authorities will identify the critical macroeconomic policies and institutions to successfully manage future gas wealth.

Subject: Banking, Currencies, Expenditure, External debt, Government debt management, Monetary base, Money, Public financial management (PFM)

Keywords: Authority, Cash-budgeting system, CR, Currencies, Development spending, Global, Government debt management, IMF's framework, ISCR, Macroeconomic fundamentals, Monetary base, Policy, SDR equivalent

Publication Details

Pages:

64
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/023
Stock No:

1TZAEA2012001
ISBN:

9781463933852
ISSN:

1934-7685

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