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Tanzania: Recent Economic Developments

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  • International Monetary Fund

Abstract

This paper reviews economic developments in Tanzania during 1996–98. Both traditional and nontraditional exports increased sharply in 1995/96 and 1996/97 as agricultural and manufacturing production responded to the reforms; however, exports fell again in 1997/98, owing initially to drought and subsequently the floods associated with the El Nino phenomenon. The external position strengthened during the last two years as the deficit on the current account of the balance of payments (excluding transfers) declined and international reserves rebounded to the equivalent of three months of imports of goods and nonfactor services.

Suggested Citation

  • International Monetary Fund, 1999. "Tanzania: Recent Economic Developments," IMF Staff Country Reports 1999/024, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1999/024
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    Citations

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    Cited by:

    1. Feltenstein, Andrew & Sarangi, Sudipta, 2002. "Macroeconomic stabilization and economic growth: analysis of reform policies in Tanzania," Journal of Policy Modeling, Elsevier, vol. 24(5), pages 503-521, August.
    2. repec:ilo:ilowps:353526 is not listed on IDEAS
    3. Steinwachs, Luise., 2002. "Extending health protection in Tanzania : networking between health financing mechanisms," ILO Working Papers 993535263402676, International Labour Organization.
    4. Government of the United Republic of Tanzania & World Bank, 2002. "Tanzania at the Turn of the Century : Background Papers and Statistics," World Bank Publications - Books, The World Bank Group, number 14054.

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