United Republic of Tanzania - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative


Book Description

Tanzania reached the completion point under the enhanced HIPC Initiative on November 21, 2001. Staff is of the view that all criteria have been met, and recommends that the Board determine that Tanzania qualifies for immediate debt relief under the MDRI.




Mali - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative


Book Description

Mali reached the completion point under the enhanced HIPC initiative on March 6, 2003. Staff recommends that the Board determine that Mali qualifies for MDRI debt relief.




Uganda - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative


Book Description

Uganda reached the completion point under the enhanced HIPC Initiative on May 1, 2000. Staff is of the view that all criteria are met, and recommends that the Board determine that Uganda qualifies for immediate debt relief under the MDRI.




United Republic of Tanzania


Book Description

Tanzania’s fiscal policy has been tightened owing to the deteriorating financing climate and rising inflation. The Bank of Tanzania has tightened its reserve money program for 2011/12, and domestic interest rates have risen sharply since mid-2011. The authorities are expanding Tanzania’s electric power generation capacity and raising electricity tariffs. Tanzania has good prospects as a major producer of natural gas by the end of the decade. The authorities will identify the critical macroeconomic policies and institutions to successfully manage future gas wealth.




United Republic of Tanzania


Book Description

This 2016 Article IV Consultation highlights that growth in Tanzania has remained strong and inflation moderate during the past two years. Real GDP grew by 7 percent in 2015, with activity particularly buoyant in the construction, communication, finance, and transportation sectors. Inflation remained in single digits throughout 2015, averaging 5.6 percent, despite the significant exchange rate depreciation in the first half of 2015. Inflation in April 2016 was 5.1 percent, close to the authorities’ target of 5 percent. The banking system appears sound overall, but there is wide variation within the system. The level of financial development has improved in recent years, though at a gradual pace.




Benin - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative


Book Description

Benin reached the completion point under the enhanced HIPC Initiative on March 24, 2003. Staff is of the view that all criteria have been met, and recommends that the Board determine that Benin qualifies for immediate debt relief under the MDRI.




Ghana - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative


Book Description

Staff is of the view that all criteria have been met, and recommends that the Board determine that Ghana qualifies for immediate debt relief under the MDRI.q




Sovereign Debt Restructurings 1950-2010


Book Description

This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.




Ten Steps to a Results-based Monitoring and Evaluation System


Book Description

An effective state is essential to achieving socio-economic and sustainable development. With the advent of globalization, there are growing pressures on governments and organizations around the world to be more responsive to the demands of internal and external stakeholders for good governance, accountability and transparency, greater development effectiveness, and delivery of tangible results. Governments, parliaments, citizens, the private sector, NGOs, civil society, international organizations and donors are among the stakeholders interested in better performance. As demands for greater accountability and real results have increased, there is an attendant need for enhanced results-based monitoring and evaluation of policies, programs, and projects. This Handbook provides a comprehensive ten-step model that will help guide development practitioners through the process of designing and building a results-based monitoring and evaluation system. These steps begin with a OC Readiness AssessmentOCO and take the practitioner through the design, management, and importantly, the sustainability of such systems. The Handbook describes each step in detail, the tasks needed to complete each one, and the tools available to help along the way."




International Monetary Fund Annual Report 2021


Book Description

A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.