Support to the IMF Technical Assistance Centre for the East African Region (AFRITAC EAST)

The support seeks to strengthen institutional capacity and skills to design and implement macroeconomic and financial policies that promote growth and reduce poverty in partner countries.

 

ACTIVITIES

  • Strengthen public finance management.
  • Improve monetary policies.
  • Strengthen risk management for the Financial Markets, including emerging risks related to mobile payments and retail payment innovations.
  • Support regulatory and supervisory capacities for the financial sector.
  • Improve the quality and coverage of real sector statistics to inform decision-making.
  • Support regional integration efforts, particularly among EAC countries.

 

EXPECTED RESULTS/IMPACTS

  • Improved revenue and tax administration.
  • Improved budget execution and control, including management of fiscal risks.
  • Improved effectiveness of monetary policy implementation, foreign exchange operations and foreign reserve management.
  • Enhanced safety and efficiency of the financial markets.
  • More efficient use of supervisory resources to better oversee key risks in the banking system.
  • Improved quality and coverage of fiscal and public debt statistics to inform policy analysis.
EUR 49M (126.92 Billion TZS)
Ongoing
EU
Ministry of Finance and Planning, Bank of Tanzania, Tanzania Revenue Authority, National Bureau of Statistics, International Monetary Fund (IMF)
EUR 4M (10.36 Billion TZS)