United Republic of Tanzania: Financial System Stability Assessment Update

Publication Date:

June 23, 2010

Electronic Access:

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Summary:

The global recession has had a significant impact on economic performance and the outlook in Tanzania. Tanzanian banks were not directly affected by the global financial crisis, but second-round effects of the crisis have intensified the risks to the financial sector. Domestic liquidity tightened considerably at the onset of the global financial crisis but has since eased, owing to a significant loosening of monetary policy to help mitigate the economic downturn. The policy response of the authorities included a rescue package designed to support sectors affected by the crisis.

Series:

Country Report No. 2010/177

Subject:

Frequency:

Annually

English

Publication Date:

June 23, 2010

ISBN/ISSN:

9781455204199/1934-7685

Stock No:

1TZAEA2010002

Pages:

59

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