United Republic of Tanzania: Third Review Under the Policy Support Instrument: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Tanzania
June 5, 2008
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Tanzania’s performance ranks among the best for non-oil exporting countries in sub-Saharan Africa. The 2008/09 budget will aim at maintaining hard-won fiscal stability in the face of large spending needs and uncertain financing. Tighter budget constraints highlight the need to further expand the revenue base and achieve greater efficiency and effectiveness of government spending. Building on its recent success of reining in reserve money growth, the Bank of Tanzania (BoT) will aim to gradually bring down inflation to its medium-term objective of 5 percent.
Subject: Banking, Expenditure, Financial regulation and supervision, International trade, National accounts, Public debt, Public financial management (PFM), Trade balance
Keywords: Africa, authority, ban, CR, fund, Global, ISCR, power sector reform agenda, Southern Africa, staff appraisal, Tanzania's economic growth prospect, Trade balance, WEO oil price projection, world economic growth
Pages:
77
Volume:
2008
DOI:
Issue:
178
Series:
Country Report No. 2008/178
Stock No:
1TZAEA2008004
ISBN:
9781451838558
ISSN:
1934-7685
