IMF Staff Country Reports

United Republic of Tanzania: Forth Review Under the Extended Credit Facility Arrangement and First Review Under the Resilience and Sustainability Facility Arrangement -Press Release; Staff Report; and Statement by the Executive Director for the United Republic of Tanzania

December 18, 2024

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International Monetary Fund. African Dept. "United Republic of Tanzania: Forth Review Under the Extended Credit Facility Arrangement and First Review Under the Resilience and Sustainability Facility Arrangement -Press Release; Staff Report; and Statement by the Executive Director for the United Republic of Tanzania", IMF Staff Country Reports 2024, 349 (2024), accessed January 31, 2025, https://doi.org/10.5089/9798400297458.002

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Summary

Growth continues to recover from the impacts of the unfavorable global economic environment and domestic factors. Growth is expected to continue strengthening, supported by the implementation of the authorities’ reform agenda, and subsiding global commodity prices. Inflation is projected to remain within the central bank’s target range. Growth-friendly fiscal consolidation is expected to continue, anchored by the ECF arrangement. The current account deficit has narrowed significantly and is projected to improve further over the medium term. The authorities have begun implementing their ambitious climate reform agenda, supported by the RSF arrangement.

Subject: Arrears, Credit, Expenditure, External debt, International trade, Money, Trade balance

Keywords: Arrears, Credit, ECF arrangement, ECF program, Global, IMF RSF, IMF-World Bank, Interest rate, Trade balance

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