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United Republic of Tanzania: Third Review Under the Policy Support Instrument and Request for Waivers and Modification of Assessment Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the United Republic of Tanzania

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  • International Monetary Fund

Abstract

Tanzania’s fiscal policy has been tightened owing to the deteriorating financing climate and rising inflation. The Bank of Tanzania has tightened its reserve money program for 2011/12, and domestic interest rates have risen sharply since mid-2011. The authorities are expanding Tanzania’s electric power generation capacity and raising electricity tariffs. Tanzania has good prospects as a major producer of natural gas by the end of the decade. The authorities will identify the critical macroeconomic policies and institutions to successfully manage future gas wealth.

Suggested Citation

  • International Monetary Fund, 2012. "United Republic of Tanzania: Third Review Under the Policy Support Instrument and Request for Waivers and Modification of Assessment Criteria: Staff Report; Press Release on the Executive Board Discus," IMF Staff Country Reports 2012/023, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2012/023
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