United Republic of Tanzania: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria—Staff Report; Staff Statement; Press Release on the Executive Board Discussion;

Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria—Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 291

Publication date: August 2005

ISBN: 9781451838459

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Topics covered in this book

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Money and Monetary Policy , Public Finance , Public Policy - Social Services and Welfare , ISCR , CR , staff appraisal , end-April performance criteria , government , June , statement , IMF staff representative , provisional data , policy reform , Poverty reduction , Poverty reduction strategy , Exchange rates , Debt relief , Global , Sub-Saharan Africa

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Summary

This paper discusses United Republic of Tanzania’s Fourth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria. A principal challenge for monetary policy continues to be liquidity management in the face of high foreign aid inflows. A comprehensive Financial Sector Reform Implementation Action Plan has been completed. Under the plan, efforts to remove key structural impediments to broaden access to financial services will be accelerated, including measures to facilitate increased medium- and longer-term lending, and streamline the pension sector.