Cover IMF Staff Country Reports
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.
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2012: Issue 023
Language:
English
Publication Date:
31 Jan 2012
DOI:
https://doi.org/10.5089/9781463933852.002
ISBN:
9781463933852
ISSN:
1934-7685
Pages:
64
Keywords:
ISCR; CR; authority; IMF's framework; policy; cash-budgeting system; development spending; SDR equivalent; macroeconomic fundamentals; Monetary base; Government debt management; Currencies; Global
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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.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund