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

International Monetary Fund

No 2012/023, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; authority; IMF's framework; policy; cash-budgeting system; development spending; SDR equivalent; macroeconomic fundamentals; Monetary base; Government debt management; Currencies; Global (search for similar items in EconPapers)
Pages: 64
Date: 2012-01-31
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