United Republic of Tanzania : Selected Issues-Macrofinancial Issues.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. African Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2016/255

IMF Staff Country Reports

Language:

English

Subjects (All):

Economic development--Tanzania.

Economic development.

Fiscal policy--Tanzania.

Fiscal policy.

Monetary policy--Tanzania.

Monetary policy.

Physical Description:

1 online resource (58 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2016.

Summary:

This Selected Issues paper analyzes the financial sector in Tanzania. The Tanzanian financial system has a number of characteristics commonly seen in other low-income countries. The system is relatively small, dominated by banks, and has not been particularly inclusive. Costs related to basic financial services have come down. However, in other areas, progress remains limited. Firms’ access to credit remains a problem, access to the financial infrastructure continues to lag, and market development remains at a low level. The banking system overall is well-capitalized and reasonably profitable, but there is considerable variation among bank categories.

Contents:

Cover; CONTENTS; EXECUTIVE SUMMARY; OVERVIEW OF THE FINANCIAL SECTOR IN TANZANIA; A. The Banking Sector; B. Evolution of Mobile Money and Banking in Tanzania; BENCHMARKING FINANCIAL SECTOR DEVELOPMENT; FINANCIAL DEVELOPMENT AND INCLUSION: IMPLICATIONS FOR GROWTH, STABILITY, AND THE EFFENCIENCY OF MACROECONOMIC POLICIES; A. Financial Development and Long-term Growth; B. Recent Credit Developments, Growth and Stability; C. Assessing the Macroeconomic Impact of Mobile Money; D. Development of Financial Markets and Implications for Macroeconomic Policies; POLICY IMPLICATIONS

A. Strengthening Financial DevelopmentB. Assessing the Regulatory Framework for Mobile Money; C. Financial Market Development; BOXES; 1. The Regulatory Framework for Electronic Payments; 2. Principles for Effective Monetary Policy Frameworks; TABLES; 1. Interest Rate Pass-through Estimates for Selected SSA Countries; FIGURES; 1. Number of Licensed Commercial Banks; 2. Assets and Liabilities of Commercial Banks; 3. Selected Indicators of Bank Capital, Profitability, and Asset Quality; 4. Mobile Money Transactions in Kenya, Tanzania and Uganda; 5. Financial Development in Tanzania

6. Indicators of Access to Financial Services and Financial Infrastructure in the EAC7. Indicators of Efficiency and Competitiveness; 8. Selected Indicators of Financial Depth; 9. Indicators of Development of the Non-Bank Financial Sector; 10. Financial Development in Sub-Saharan Africa; 11. Actual and Predicted Levels of Financial Development; 12. Estimated Impact of Closing the Gap in Financial Development in Tanzania; 13: Credit-Growth Nexus-Results from Vector Autoregression Analysis; 14. Recent Trends in Credit to the Private Sector; 15. Private Sector Credit: Actual and Long-term Trend

16. Estimates of Money Multiplier and Income Velocity in an Era of Mobile Money17. Mobile Money Transactions; 18. Key Interest Rates; 19. Evolution of Key Interest Rates; 20. Interest Rate Pass-through Coefficients (2012-15); 21. Excess Reserves of Commercial Banks and Overnight Interbank Rates; ANNEXES; I. Recent Trends in Commercial Banks' Financial Positions; II. Model and Data Used to Assess Interest Rate Pass-through; References

Notes:

Description based upon print version of record.

Includes bibliographical references at the end of each chapters.

Description based on online resource; title from PDF title page (ebrary, viewed September 11, 2016).

ISBN:

9781498391917

1498391915

9781475525281

1475525281