Fiscal Balance in Tanzania

Tanzania Fiscal Balance | Economic News & Forecasts

Tanzania - Fiscal Balance

The economy seemingly continued to strengthen in Q2 and at the outset of Q3, after the first quarter’s expansion: Both goods imports and exports continued to grow robustly in April–August, pointing to stronger demand dynamics, although a favorable base effect flattered the readings. Moreover, despite slowing in annual terms at the tail end of Q2, personal credit growth remained robust, and accelerated in July and August, which should have supported spending. However, higher inflation in June–September could have tempered the overall improvement. Lastly, on 10 October, the government roughly outlined its plans to use two IMF loans approved last month primarily to invest in education and welfare, with other sizable amounts directed at water projects in mainland Tanzania. Meanwhile, some USD 100 million will be allocated to Zanzibar.

Tanzania - Fiscal Balance Data

2015   2016   2017   2018   2019  
Fiscal Balance (% of GDP)-3.2  -2.1  -1.2  -1.9  -     

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Tanzania Fiscal Balance Chart


Tanzania Fiscal Balance
Note: General government balance as % of GDP
Source: Bank of Tanzania

Tanzania Facts

Value Change Date
Bond Yield14.730.0 %Dec 31
Exchange Rate2,3000.0 %Jan 01
Stock Market1.20.0 %Jan 06

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