IMF Staff Country Reports

United Republic of Tanzania: United Republic of Tanzania: Fifth Review Under the Policy Support Instrument-Press Release; Staff Report

January 12, 2017

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United Republic of Tanzania: United Republic of Tanzania: Fifth Review Under the Policy Support Instrument-Press Release; Staff Report, (USA: International Monetary Fund, 2017) accessed November 23, 2024

Summary

This paper discusses Tanzania’s Fifth Review Under the Policy Support Instrument (PSI). Tanzania’s macroeconomic performance remains strong. Economic growth was robust during the first half of 2016. Inflation came down below the authorities’ target of 5 percent and is expected to remain close to the target, while the external current account deficit was revised down on account of lower imports of capital goods. Nevertheless, there are risks that could adversely affect economic growth going forward, emerging from the currently tight stance of macroeconomic policies, slow implementation of public investment, and private sector uncertainty about the government’s new economic strategies. The IMF staff recommends completion of the fifth review under the PSI.

Subject: Arrears, Expenditure, External debt, Government debt management, Public financial management (PFM), Public investment and public-private partnerships (PPP), Trade balance

Keywords: Arrears, Arrears accumulation, Arrears financing, Budget support financing, CR, Current account, East Africa, Europe, Excess reserves, Exchange rate, Excludes arrears financing, Expenditure arrears, Financing shortfall, Foreign exchange, GDP growth, Global, Government debt management, Interest rate, ISCR, Net expenditure float, Private sector uncertainty, Public investment and public-private partnerships (PPP), Tanzanian shilling

Publication Details

  • Pages:

    48

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2017/013

  • Stock No:

    1TZAEA2017001

  • ISBN:

    9781475566208

  • ISSN:

    1934-7685

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