Tanzania: Seventh Review Under the Policy Support Instrument, Second Review Under the Exogenous Shocks Facility, and Request for a New Three-Year Policy Support Instrument: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Tanzania.

Publication Date:

June 23, 2010

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Monetary and fiscal easing, together with specific interventions under the Economic Rescue Plan, helped contain the immediate impact of the global crisis, but private sector recovery remains nascent. Inflation, persistently high during 2009 owing to large increases in food prices, has declined to single-digit levels. Revenues continue to underperform relative to the budget, resulting in a modest scaling back in expenditure to limit deterioration of the fiscal deficit. Monetary policy has produced a low interest rate environment, but private sector credit growth has slowed sharply.

Series:

Country Report No. 2010/173

Subject:

Frequency:

Annually

English

Publication Date:

June 23, 2010

ISBN/ISSN:

9781455204182/1934-7685

Stock No:

1TZAEA2010001

Pages:

84

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