United Republic of Tanzania : Staff Report for the 2016 Article IV Consultation and Fourth Review Under the Policy Support Instrument-Press Release; Staff Report; and Statement by the Executive Director for The United Republic of Tanzania.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. African Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2016/253

IMF Staff Country Reports

Language:

English

Subjects (All):

Economic development--Tanzania.

Economic development.

Fiscal policy--Tanzania.

Fiscal policy.

Physical Description:

1 online resource (107 p.)

Place of Publication:

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

Summary:

This 2016 Article IV Consultation highlights that growth in Tanzania has remained strong and inflation moderate during the past two years. Real GDP grew by 7 percent in 2015, with activity particularly buoyant in the construction, communication, finance, and transportation sectors. Inflation remained in single digits throughout 2015, averaging 5.6 percent, despite the significant exchange rate depreciation in the first half of 2015. Inflation in April 2016 was 5.1 percent, close to the authorities’ target of 5 percent. The banking system appears sound overall, but there is wide variation within the system. The level of financial development has improved in recent years, though at a gradual pace.

Contents:

Cover; CONTENTS; CONTEXT; RECENT DEVELOPMENTS; OUTLOOK AND RISKS; POLICY DISCUSSIONS; A. Raising Public Investment While Mitigating Risks; B. Mobilizing Additional Revenue; C. Enhancing Public Spending Efficiency; D. Monetary and Financial Sector Policies: Promoting Growth While Preserving Stability; E. Growth-Enhancing Structural Reforms; F. Reducing External Vulnerability; PROGRAM AND OTHERS ISSUES; STAFF APPRAISAL; BOXES; 1. Tax Revenue Gap in Tanzania; 2. Benchmarking and Efficiency of Public Spending in Tanzania; 3. Productivity, Growth, and Structural Reforms; FIGURES

1. Real and External Sector Developments2. Fiscal Developments; 3. Inflation and Monetary and Exchange Rate Developments; TABLES; 1. Millennium Development Goals; 2. Selected Economic and Financial Indicators, 2013/14-2019/20; 3a. Central Government Operations, 2013/14-2019/20; 3b. Central Government Operations, 2013/14-2019/20; 4. Monetary Accounts, 2013-2017; 5. Balance of Payments, 2013/14-2019/20; 6. Financial Soundness Indicators, 2013-2016; ANNEXES; I. Main Recommendations of the 2014 Article IV Consultation; II. Risk Assessment Matrix; III. External Stability Assessment; APPENDICES

I. Letter of IntentAttachment I. Memorandum of Economic and Financial Policies; Attachment II. Technical Memorandum of Understanding; CONTENTS; RELATIONS WITH THE FUND; STATISTICAL ISSUES; JOINT BANK-FUND WORK PROGRAM

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF cover (ebrary, viewed September 8, 2016).

ISBN:

9781475539554

147553955X

9781498391238

1498391230