The link between public debt and public investment in Tanzania

Maureen Were and Lorah Madete

No wp-2022-155, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: In a bid to realize its development aspirations, Tanzania has made concerted efforts to increase public investment, particularly in the last decade. A significant proportion of these investments are financed by contracting debt, manifested by the rapid accumulation of public debt, especially external debt, with a notable rise in debt-servicing obligations. In view of these developments, this study sought to investigate the relationship between public debt and investment in Tanzania.

Keywords: Public investments; Tanzania; Public debt (search for similar items in EconPapers)
Date: 2022
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