United Republic of Tanzania: Request For a 40- Month Arrangement Under The Extended Credit Facility —Press Release; Staff Report; And Statement By The Executive Director For The United Republic Of Tanzania

August 5, 2022

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Format: Chicago

United Republic of Tanzania: Request For a 40- Month Arrangement Under The Extended Credit Facility —Press Release; Staff Report; And Statement By The Executive Director For The United Republic Of Tanzania, (USA: International Monetary Fund, 2022) accessed November 14, 2024

Summary

Tanzania’s economy is gradually recovering from the negative effects of the COVID-19 pandemic. While IMF emergency financing (0.8 percent of GDP) in 2021 helped address fiscal pressures, preserve stability, and finance the authorities’ COVID-19 economic and health response, Tanzania continues to face development and reform challenges to unleash its economic potential. The authorities are seeking renewed Fund assistance to support the country facing protracted balance of payments needs associated with the two external shocks—the COVID-19 pandemic and the war in Ukraine—and to support the authorities’ reform agenda summarized in their Five-Year Development Plan.

Subject: COVID-19, Debt sustainability, Debt sustainability analysis, External debt, Health, International organization, Monetary policy, Public debt

Keywords: COVID-19, Debt sustainability, Debt sustainability analysis, Eastern Europe, ECF arrangement, Financing gap, Global, IMF emergency financing, IMF financial support, Interest rate

Publication Details

Pages:

136
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2022/269
Stock No:

1TZAEA2022001
ISBN:

9798400215414
ISSN:

1934-7685

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