United Republic of Tanzania: Fourth Review Under the Policy Support Instrument: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for United Republic of Tanzania

International Monetary Fund

No 2009/013, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses key findings of the Fourth Review under the Policy Support Instrument (PSI) for the United Republic of Tanzania. By October 2008, inflation had risen to 11.8 percent mainly reflecting the surge in global food and fuel prices, but is expected to begin to recede. Poverty indicators have improved, although progress is slower than hoped in some areas. The outlook for 2009 is for continued robust growth, but the current global environment poses serious downside risks. Despite some slippages, there has been good progress on the PSI-supported program.

Keywords: ISCR; CR; authority; inflation; prudent monetary policy framework; economic statistics; tax exemption regime; central bank; anchor inflation expectation; development expenditure; expenditure side; policy advice; growth potential; broad money; Trade balance; Tax administration core functions; Global; Africa (search for similar items in EconPapers)
Pages: 78
Date: 2009-01-15
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