IMF Staff Country Reports

Tanzania: Sixth Review Under the Poverty Reduction and Growth Facility and Requests for Waiver of a Performance Criterion and for a New Three-Year Arrangement Under the Poverty Reduction and Growth Facility—Staff Report; Press Release on the Executive Board Discussion for Tanzania; and Statement by the Executive Director for Tanzania

August 6, 2003

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Tanzania: Sixth Review Under the Poverty Reduction and Growth Facility and Requests for Waiver of a Performance Criterion and for a New Three-Year Arrangement Under the Poverty Reduction and Growth Facility—Staff Report; Press Release on the Executive Board Discussion for Tanzania; and Statement by the Executive Director for Tanzania, (USA: International Monetary Fund, 2003) accessed November 22, 2024

Summary

Tanzania showed strong economic growth owing to its sound macroeconomic policies and structural reforms, under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors commended this step, and emphasized for higher revenue mobilization through reforms of tax administration and tax policies. They encouraged the authorities to fight corruption, enhance governance, and stressed the need to maintain fiscal consolidation and accelerate structural reforms. They agreed that Tanzania has successfully completed the sixth review under the PRGF Arrangement, and granted waiver.

Subject: Asset and liability management, Banking, Credit, Debt relief, Expenditure, Money, Poverty, Poverty reduction, Poverty reduction strategy

Keywords: Core area, CR, Credit, Debt relief, Development partner, Global, Government, ISCR, Poverty reduction, Poverty reduction strategy, Poverty reduction strategy paper, PRGF arrangement, PRGF loan, Private sector, Southern Africa, Sub-Saharan Africa

Publication Details

  • Pages:

    93

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

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  • Series:

    Country Report No. 2003/238

  • Stock No:

    1TZAEA0042003

  • ISBN:

    9781451838381

  • ISSN:

    1934-7685