Tanzania

Tanzania showed strong economic growth owing to its sound macroeconomic policies and structural reforms, under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors commended this step, and emphasized for higher revenue mobilization through reforms of tax administration and tax policies. They encouraged the authorities to fight corruption, enhance governance, and stressed the need to maintain fiscal consolidation and accelerate structural reforms. They agreed that Tanzania has successfully completed the sixth review under the PRGF Arrangement, and granted waiver.Poverty Reduction and Growth Facility;expenditure, debt relief, expenditures, balance of payments, external debt, expenditure management, public expenditure, current account, debt service, bilateral agreement, domestic financing, total expenditure, current account deficit, national debt, debt management, public expenditure management, external payments, external payments arrears, public finance, debt sustainability, reserve assets, public debt, recurrent expenditure, debt strategy, national debt strategy, foreign aid, debt data, public financial management, fiscal policy, domestic debt, domestic savings, commercial creditors, public expenditure review, poverty-reducing expenditure, bilateral agreements, debt management committee, government debt, foreign debt, public debt management, repayments, current account balance, public expenditure reviews, national debt management, external debt service, expenditure policy, central bank, bilateral creditors, government expenditure, external debt indicators, medium-term expenditure framework, central government expenditure, foreign loans, debt sustainability analysis, expenditure tracking, debt service payments, debt service obligations, mtef, poverty-reducing expenditures, long-term loans, external liability, external debt data, domestic debt market, domestic debt market developments, government loans, budget projection, loan disbursements, private sector debt, domestic saving, medium-term projections, general resources account, debt obligations, sector expenditure, categories of debts, commercial debt, debt relief initiative, public sector management, actual debt, public and publicly guaranteed debt, total external debt, public debts, investment expenditures, public expenditures, medium-term fiscal framework, bilateral debt, external financing, debt service reduction, expenditure framework, debt market, expenditure data, participatory public expenditure, medium-term expenditure, total expenditures, capital account liberalization, public and publicly guaranteed