Republic of Tanzania: Seventh Review Under the Policy Support Instrument-Press Release; Staff Report
IMF Staff Country Reports, January 16, 2018
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- Republic of Tanzania: Seventh Review Under the Policy Support Instrument-Press Release; Staff Report
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Bibliographic details
- Published: January 16, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484337981.002
Overview and program performance
- Publication date: January 16, 2018
- This paper discusses Tanzania’s Seventh Review Under the Policy Support Instrument (PSI).
- Program performance under the PSI has been broadly satisfactory.
- Most quantitative targets for June and September 2017 were met.
- After recording a small fiscal surplus in July–September against a programmed deficit, the government is planning to step up budget implementation, particularly in development spending.
Structural reforms and institutional issues
- Progress in structural reforms has been mostly slow.
- Efforts have been boosted to advance structural reforms (no additional specific reform milestones provided in the source text).
Macroeconomic policy coordination
- Macroeconomic policies will need to be closely coordinated.
- The monetary policy stance and liquidity forecasting and management will need to be closely coordinated with fiscal developments.
Growth, labor market, and poverty
- Strong growth and job creation are needed to address high poverty and a large underemployed youth population.
Subjects and keywords (as listed)
- Subject: Arrears, Banking, Debt sustainability analysis, Expenditure, External debt, Public debt
- Keywords: Arrears, budget credibility, burden indicator, CR, debt, Debt sustainability analysis, deficit, East Africa, GDP, GDP deflator, Global, ISCR, monetary policy stance, public finance management, real GDP, Sub-Saharan Africa
Content in this bundle
- Country Report