This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Tanzania and the IMF. Additional information can be found on Tanzania and IMF country page, including official IMF reports and Executive Board documents that deal with Tanzania.
At a Glance
- Current IMF membership: 190 countries
- Tanzania Joined the Fund on September 10, 1962.
- Total Quotas: SDR 397.8 Million
- Outstanding Purchases and Loans: SDR 41.11 (As of June 30, 2019)
- Last Article IV Consultation: July 27, 2016 (Report No. 16/253)
Tanzania and the IMF
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Economic Growth in Sub-Saharan Africa Could Permanently Decline if Geopolitical Tensions Escalate
May 1, 2023
Countries will need to build resilience to manage the inevitable shifts in trade and foreign direct investment.
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April 28, 2023
Series:Country Report No. 2023/153
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United Republic of Tanzania: Selected Issues
April 28, 2023
Series:Country Report No. 2023/154
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April 24, 2023
TANZANIA IMF ARTICLE IV FIRST REVIEW EXTENDED CREDIT FACILITY
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February 23, 2023
“Tanzania’s economic recovery from the impact of the pandemic is continuing despite headwinds from the global economic environment. While some sectors, including mining, tourism, and other services, showed signs of recovery in 2022, growth for the year is estimated to have reached 4.7 percent, reflecting the impact of global economic conditions, and the effects of a shortfall in rainfall on electricity production and agriculture. Despite price subsidies provided by the government on fuel and fertilizer, inflation peaked at 4.9 percent (year-on-year) in January (from 4.0 percent a year earlier), approaching the Bank of Tanzania’s (BoT) 5 percent upper band. With inflation rising, the BoT has stepped up its repo operations to mop up excess liquidity.
Regional Economic Outlook for Sub-Saharan Africa
April 14, 2023
Growth in sub-Saharan Africa will decline to 3.6 percent this year. Amid a global slowdown, activity is expected to decelerate for a second year in a row. Still, this headline figure masks significant variation across the region. The funding squeeze will also impact the region’s longer-term outlook. A shortage of funding may force countries to reduce resources for critical development sectors like health, education, and infrastructure, weakening the region’s growth potential.Read the Report
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF
Departmental Papers on Africa
