Tanzania to Receive USD 11.6 Million IMF Debt Relief
On 2nd of October 2020, the International Monetary Fund (IMF) approved a second six-month tranche of USD 11.6 million debt service relief to Tanzania under…
IMF
Tanzania Joined the International Monetary Fund (IMF) in September 10, 1962.
IMF involvement in Tanzania’s economic transformation and programs has evolved in three phases: liberalization, 1986–95; macroeconomic stabilization and structural reform, 1996–2006; and consolidation of reforms and policy support since 2006.
As IMF’s financing has become less critical for Tanzania, the fund provides policy advice to the country via its Policy Support Instrument (PSI), designed for low-income countries that do not want—or need— IMF’s financial assistance, a tool that provides advice and support without a borrowing arrangement.
The Resident Representative of IMF in Tanzania is Bhaswar Mukhopadhyay.
IMF Approve USD 14.3 Million Debt Relief to Tanzania to Help Address Covid-19 Impact
On 19th June 2020, the Executive Board of the International Monetary Fund (IMF) approved a grant under its Catastrophe Containment and Relief Trust (CCRT) to…
IMF: Tanzania GDP Growth Estimated at 6% in 2020, Tax Reforms Needed
An International Monetary Fund (IMF) team visited Tanzania from 20th February to 4th March 2020 to asses the state of the national economy.
Tanzania Economy Slowing Down, IMF Warns
The International Monetary Fund (IMF) estimates that real GDP growth of Tanzania will be 4.0% in 2019, and 4.2% in 2020, as opposed to 6.6%…
Tanzania Financial Stability Under Threat, IMF Warn
On 6th December 2018, the International Monetary Fund (IMF) has published its latest Financial System Stability Assessment for Tanzania, based on the work of the…
Tanzania Economy Subject to Emerging Risks, IMF Say
The Executive Board of the International Monetary Fund completed the seventh and last review of Tanzania’s economic performance on January 10, 2018, indicating that recent economic…
Tanzania Faces Challenges to Medium-Term Development, IMF Say
A team from the International Monetary Fund (IMF) visited Tanzania from 30th November to 12th December 2017, under the 7th review of the current Policy…
IMF: Tanzania Should Create Better Business Environment
On 23rd June 2017, the Executive Board of the International Monetary Fund (IMF) completed the 6th review of Tanzania’s economic performance under its Policy Support…
IMF Tanzania Economy Review: GDP Growth Strong, Budget Spending Needed
A team from the International Monetary Fund (IMF) visited Tanzania on 3rd-13th April 2017 and held discussions with the authorities on how to address the…
Tanzania Face Downside Macroeconomic Risks, IMF Warn
The fifth review of the International Monetary Fund (IMF) program in Tanzania indicates that the country faces downside macroeconomic risks that could adversely affect its…