United Republic of Tanzania: 2007 Article IV Consultation and First Review Under the Policy Support Instrument: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Execut

2007 Article IV Consultation and First Review Under the Policy Support Instrument: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the United Republic of Tanzania

Volume/Issue: Volume 2007 Issue 246
Publication date: July 2007
ISBN: 9781451838510
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Topics covered in this book

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Banks and Banking , Exports and Imports , Economics- Macroeconomics , Public Finance , Taxation - General , ISCR , CR , PSI-supported program , monetary policy , government , debt , financing , generation capacity , transportation infrastructure investment plan , IMF's framework , revenue growth , Trade balance , Sub-Saharan Africa , Southern Africa

Summary

This paper discusses the United Republic of Tanzania’s 2007 Article IV Consultation and First Review under the Policy Support Instrument. The report focuses on sustaining Tanzania’s recent strong economic performance, broad-based growth, and more rapid poverty reduction. This would require maintaining the structural reforms momentum through measures that enhance public resource mobilization and efficiency of spending and increase the financial sector’s contribution to growth. The authorities are taking steps to alleviate key bottlenecks constraining economic activity, notably by improving infrastructure and enhancing the business environment.