United Republic of Tanzania: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waiver of Performance Criterion and Modification of Performance Criteria—Staff Report; Press Release; and State

Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waiver of Performance Criterion and Modification of Performance Criteria—Staff Report; Press Release; and Statement by the Executive Director for the United Republic of Tanzania

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 181

Publication date: June 2005

ISBN: 9781451838442

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Topics covered in this book

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Exports and Imports , Money and Monetary Policy , Public Finance , Public Policy - Social Services and Welfare , ISCR , CR , government , PRGF arrangement , Agustín Carstens , government procurement process , implementation , development effort , monetary policy objective , liquidity target , executive board's discussion , Debt relief , Trade balance , Monetary base , Total expenditures , Southern Africa

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Summary

This paper evaluates Tanzania’s Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waiver of Performance Criterion and Modification of Performance Criteria. Program objectives for the remainder of 2004/05 are fully achievable, but modest risks remain, particularly the vulnerability of the economy to unpredictable rainfall and pressures for more direct intervention by the government to address poverty alleviation. Tanzania’s fiscal strategy remains focused on enhancing domestic resource mobilization and the quality of spending to support its poverty reduction goals.