Fiscal Balance in Tanzania

Tanzania Fiscal Balance | Economic News & Forecasts

Tanzania - Fiscal Balance

Economic activity was likely resilient in the third quarter. The production of gold—the country’s main export—increased robustly in the quarter, while credit growth expanded solidly in the year ending September. However, the current account deficit widened notably in annual terms in the same period, mainly due to soaring imports of capital goods. In its latest financial system stability assessment in early December, the IMF encouraged the country to strengthen the capital buffers of the banking system, burdened by a high stock of bad loans. Meanwhile, in the international arena, the government has faced increasing criticism over minority rights abuses: The EU is reviewing its diplomatic relations with the country, while in mid-November the World Bank put a loan for an education project on hold.

Tanzania - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-3.9  -3.0  -3.3  -2.2  -     

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Tanzania Fiscal Balance Chart


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

Tanzania Facts

ValueChangeDate
Exchange Rate2,3050.0 %Jan 16
Stock Market0.10.0 %Jan 16

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form