Republic of Tanzania : Seventh Review Under the Policy Support Instrument-Press Release; Staff Report.

This paper discusses Tanzania's Seventh Review Under the Policy Support Instrument (PSI). Program performance under the PSI has been broadly satisfactory. Most quantitative targets for June and September 2017 were met. Although progress in structural reforms has been mostly slow, efforts have b...

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Bibliographic Details
Corporate Author: International Monetary Fund. African Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Staff Country Reports; Country Report ; No. 2018/011
Online Access:Full text available on IMF
Description
Summary:This paper discusses Tanzania's Seventh Review Under the Policy Support Instrument (PSI). Program performance under the PSI has been broadly satisfactory. Most quantitative targets for June and September 2017 were met. Although progress in structural reforms has been mostly slow, efforts have been boosted to advance them. Macroeconomic policies will need to be closely coordinated. After recording a small fiscal surplus in July-September against a programmed deficit, the government is planning to step up budget implementation, particularly in development spending. The monetary policy stance and liquidity forecasting and management will need to be closely coordinated with fiscal developments. Strong growth and job creation are needed to address high poverty and a large underemployed youth population.
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Physical Description:1 online resource (55 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students