The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
This report assesses the Observance of Standards and Codes on Fiscal Transparency for Tanzania. Tanzania has implemented a number of reforms in recent years to enhance fiscal transparency. The most notable reforms in fiscal management are: implementation of a comprehensive Integrated Financial Management System; institution of a public expenditure review process on a continuous basis in the context of a medium-term expenditure framework; and enactment of a new legal framework for fiscal management and procurement. Many new initiatives are in the process of being implemented to further enhance fiscal transparency and good governance.