United Republic of Tanzania

United Republic of Tanzania

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Tanzaniaa€™s macroeconomic outlook is favorable with buoyant growth and declining inflation. The Executive Board of the International Monetary Fund (IMF) commended its prudent policy management and progress in stabilizing the economy. The countrya€™s 2012a€“13 budget appropriately balances the development and social spending needs with the debt-stabilizing objective. The countrya€™s structural reforms aim to secure fiscal sustainability and support a strong economic expansion in the medium term. The Directors concluded that the floating exchange regime would continue to provide helpful flexibility to preserve its macroeconomic stability.Actual disbursements for this project are projected at US$ 814.8 million in 2012/ 13 and US$ 393.3 million in 2013/14. ... of Understanding and Operational Manuals; and reduction of the number of Local Government Authoritiesa#39; bank accounts to six. ... Public Sector Accounting Standards (IPSAS) cash basis to accrual basis for the central government financial statements will begin with FY 2012/13.

Title:United Republic of Tanzania
Author: International Monetary Fund. African Dept.
Publisher:International Monetary Fund - 2013-01-17

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