Tanzania: Joint Staff Assessment of the Poverty Reduction Strategy Paper Progress Report
IMF Staff Country Reports, September 7, 2004
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- Published: September 7, 2004
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451838398.002
Summary and Key Findings
- Presents the Joint Staff Assessment of Tanzania’s Poverty Reduction Strategy Paper (PRSP) Progress Report.
- Despite a drought, real economic growth is estimated to have been about 5 percent.
- Sound macroeconomic management was maintained.
- Notable progress was made in the areas of education and financial sector reform, among others.
- The report illustrates a number of emerging weaknesses in the Poverty Reduction Strategy process, pointing to areas for attention in the main update.
- Foremost among weaknesses is the need to link the technical-level reviews with a more policy-based debate on sector strategies.
Economic Performance and Sector Progress
- Real economic growth: about 5 percent (despite a drought).
- Macroeconomic stance: sound macroeconomic management was maintained.
- Sectoral progress highlighted: education and financial sector reform, among others.
Emerging Weaknesses in the PRSP Process
- The report identifies a number of emerging weaknesses in the Poverty Reduction Strategy process that require attention in the main update.
- Primary gap: insufficient linkage between technical-level reviews and policy-based debate on sector strategies.