United Republic of Tanzania: Third Review Under the Policy Support Instrument and Request for Waivers and Modification of Assessment Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the United Republic of Tanzania.
January 31, 2012
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Tanzania’s fiscal policy has been tightened owing to the deteriorating financing climate and rising inflation. The Bank of Tanzania has tightened its reserve money program for 2011/12, and domestic interest rates have risen sharply since mid-2011. The authorities are expanding Tanzania’s electric power generation capacity and raising electricity tariffs. Tanzania has good prospects as a major producer of natural gas by the end of the decade. The authorities will identify the critical macroeconomic policies and institutions to successfully manage future gas wealth.
Subject: Banking, Currencies, Expenditure, External debt, Government debt management, Monetary base, Money, Public financial management (PFM)
Keywords: authority, cash-budgeting system, CR, Currencies, development spending, Global, Government debt management, IMF's framework, ISCR, macroeconomic fundamentals, Monetary base, policy, SDR equivalent
Pages:
64
Volume:
2012
DOI:
Issue:
023
Series:
Country Report No. 2012/023
Stock No:
1TZAEA2012001
ISBN:
9781463933852
ISSN:
1934-7685
