Tanzania Economic Update, May 2016 : The Road Less Traveled – Unleashing Public Private Partnerships in Tanzania
The Tanzanian economy has grown at an average annual rate of around 6-7 percent for more than a decade. The rate of inflation has declined since January 2016, although it trended upwards in thepreceding few months due to increases in domestic food...
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| Format: | Report |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/05/26379494/tanzania-economic-update-road-less-traveled-unleashing-public-private-partnerships-tanzania http://hdl.handle.net/10986/24373 |
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okr-10986-24373 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
EMPLOYMENT MONETARY POLICY DEFICIT CAPITAL MARKETS HOLDING REGULATORY FRAMEWORK EQUIPMENT ACCOUNTING BROAD MONEY REVENUE MOBILIZATION STOCK INTEREST GUARANTEES PRIVATIZATION MONEY SUPPLY DEBT STOCK INDUSTRY EMERGING ECONOMIES EXPORT PERFORMANCE INTEREST RATE EXCHANGE LOCAL GOVERNMENTS BANKING SYSTEM BALANCE OF PAYMENTS SERVICES DEVELOPING COUNTRIES TAX COLLECTION TRADE FLOWS PUBLIC SERVICES ACCESS TO BANK REVENUES PORTFOLIO FISCAL POLICY PRICING BUDGET CONSTRAINTS PROJECTS TAX DECLINE IN INVESTMENT RESERVE INFLATION PENSION INSTRUMENTS DEBT LEVEL SAFETY NETS BUDGET PRESENT VALUE LABOR MARKET OIL PRICES SAVINGS CURRENCY COMMERCIAL BORROWING TELECOMMUNICATIONS DISBURSEMENT TRANSPORT EXCHANGE RATES COLLECTIONS TAX EXEMPTIONS RECURRENT EXPENDITURES PRODUCTIVITY OPTIONS INTEREST RATES MONETARY FUND TRANSFERS CRITERIA MARKETS DEBT MARKET INSTABILITIES LOCAL GOVERNMENT DEFICITS FOREIGN ASSETS LENDERS LOANS LABOR ENTERPRISES RESERVES BORROWING COSTS DEBT SERVICE PENSION FUNDS REAL SECTOR COMMODITY PRICE FINANCE GRANTS PUBLIC INVESTMENT INFRASTRUCTURE TAXES INVESTMENT DECISIONS BANKS FISCAL DEFICIT EXPENDITURE DEBT LEVELS INFRASTRUCTURE INVESTMENT EMERGING MARKETS EQUITY INCOME TAXES TRANSACTION INVESTORS HUMAN CAPITAL GOOD INTERNATIONAL RESERVES CAPITAL RATES OF INFLATION TRANSPARENCY SOCIAL SERVICES TRANCHE CURRENT MARKET PRICE FUTURE VALUE PENSIONS BANK RETURNS CREDIT CONFLICTS OF INTEREST COMMERCIAL DEBT MACROECONOMICS BUDGETS FOREIGN INVESTMENT INVESTMENT PROJECTS PUBLIC EXPENDITURES CONTRACT EXPENDITURES FINANCING REQUIREMENTS CAPITAL FLOWS MANDATES CURRENT ACCOUNT DEFICIT FISCAL YEAR COMMERCIAL LOANS TRANSACTION COSTS MARKET BANK OF TANZANIA PUBLIC DEBT EXPORTER GOVERNANCE INFLATION RATES RENEGOTIATIONS BUSINESS CYCLES CAPITAL GRANTS NEW ENTRANTS ECONOMIC DEVELOPMENT GOODS INVESTMENT RISK HUMAN RESOURCES SHARE POVERTY TAX ADMINISTRATION CAPITAL INFLOWS REVENUE DEVELOPMENT FINANCE LEVIES INVESTMENTS BORROWING LENDING CREDIT GROWTH CONTRACT RENEGOTIATIONS PRODUCTIVE INVESTMENT CAPITAL FLOW EXCHANGE RATE INSTRUMENT DEBT SERVICING PUBLIC SPENDING CAPITAL INVESTMENT LIABILITIES COMMODITY PRICES GOVERNMENTS ARREARS HEALTH SERVICES FINANCING SOURCES DEVELOPMENT BANK CONSOLIDATION |
| spellingShingle |
EMPLOYMENT MONETARY POLICY DEFICIT CAPITAL MARKETS HOLDING REGULATORY FRAMEWORK EQUIPMENT ACCOUNTING BROAD MONEY REVENUE MOBILIZATION STOCK INTEREST GUARANTEES PRIVATIZATION MONEY SUPPLY DEBT STOCK INDUSTRY EMERGING ECONOMIES EXPORT PERFORMANCE INTEREST RATE EXCHANGE LOCAL GOVERNMENTS BANKING SYSTEM BALANCE OF PAYMENTS SERVICES DEVELOPING COUNTRIES TAX COLLECTION TRADE FLOWS PUBLIC SERVICES ACCESS TO BANK REVENUES PORTFOLIO FISCAL POLICY PRICING BUDGET CONSTRAINTS PROJECTS TAX DECLINE IN INVESTMENT RESERVE INFLATION PENSION INSTRUMENTS DEBT LEVEL SAFETY NETS BUDGET PRESENT VALUE LABOR MARKET OIL PRICES SAVINGS CURRENCY COMMERCIAL BORROWING TELECOMMUNICATIONS DISBURSEMENT TRANSPORT EXCHANGE RATES COLLECTIONS TAX EXEMPTIONS RECURRENT EXPENDITURES PRODUCTIVITY OPTIONS INTEREST RATES MONETARY FUND TRANSFERS CRITERIA MARKETS DEBT MARKET INSTABILITIES LOCAL GOVERNMENT DEFICITS FOREIGN ASSETS LENDERS LOANS LABOR ENTERPRISES RESERVES BORROWING COSTS DEBT SERVICE PENSION FUNDS REAL SECTOR COMMODITY PRICE FINANCE GRANTS PUBLIC INVESTMENT INFRASTRUCTURE TAXES INVESTMENT DECISIONS BANKS FISCAL DEFICIT EXPENDITURE DEBT LEVELS INFRASTRUCTURE INVESTMENT EMERGING MARKETS EQUITY INCOME TAXES TRANSACTION INVESTORS HUMAN CAPITAL GOOD INTERNATIONAL RESERVES CAPITAL RATES OF INFLATION TRANSPARENCY SOCIAL SERVICES TRANCHE CURRENT MARKET PRICE FUTURE VALUE PENSIONS BANK RETURNS CREDIT CONFLICTS OF INTEREST COMMERCIAL DEBT MACROECONOMICS BUDGETS FOREIGN INVESTMENT INVESTMENT PROJECTS PUBLIC EXPENDITURES CONTRACT EXPENDITURES FINANCING REQUIREMENTS CAPITAL FLOWS MANDATES CURRENT ACCOUNT DEFICIT FISCAL YEAR COMMERCIAL LOANS TRANSACTION COSTS MARKET BANK OF TANZANIA PUBLIC DEBT EXPORTER GOVERNANCE INFLATION RATES RENEGOTIATIONS BUSINESS CYCLES CAPITAL GRANTS NEW ENTRANTS ECONOMIC DEVELOPMENT GOODS INVESTMENT RISK HUMAN RESOURCES SHARE POVERTY TAX ADMINISTRATION CAPITAL INFLOWS REVENUE DEVELOPMENT FINANCE LEVIES INVESTMENTS BORROWING LENDING CREDIT GROWTH CONTRACT RENEGOTIATIONS PRODUCTIVE INVESTMENT CAPITAL FLOW EXCHANGE RATE INSTRUMENT DEBT SERVICING PUBLIC SPENDING CAPITAL INVESTMENT LIABILITIES COMMODITY PRICES GOVERNMENTS ARREARS HEALTH SERVICES FINANCING SOURCES DEVELOPMENT BANK CONSOLIDATION World Bank Group Tanzania Economic Update, May 2016 : The Road Less Traveled – Unleashing Public Private Partnerships in Tanzania |
| geographic_facet |
Africa Tanzania |
| description |
The Tanzanian economy has grown at an
average annual rate of around 6-7 percent for more than a
decade. The rate of inflation has declined since January
2016, although it trended upwards in thepreceding few months
due to increases in domestic food prices and the lagged
impacts of the sharp depreciation of the Tanzanian Shilling
during the first half of 2015. However, the Shilling
stabilized in the second half of 2015, with the real
exchange rate now close to the equilibrium level. The
current account deficit has also improved, standing at
around 8.7 percent of GDP in 2014/15. The level of aid
inflows declined during 2014/15, although this was offset by
increases in FDI and external non-concessional borrowing,
maintaining the overall balance of payments in a stable
position. Tanzania's infrastructure and social services
deficits are already massive and projected to increase into
the future. Traditional financing instruments are clearly
insufficient to bridge the profound gap between existing
public resources and financing requirements. By leveraging
synergy between the public and private sectors, PPPs can
mobilize additional sources of finance to fund the
development of vitally needed infrastructure; to deliver on
budget and on time to a greater extent than in the case of
publicly financed projects; and to deliver higher quality
services than in the case of publicly managed projects.
Tanzania’s own policy documents identify PPP as a key
instrument to attract new investment and to deliver
infrastructure more efficiently. |
| format |
Report |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
Tanzania Economic Update, May 2016 : The Road Less Traveled – Unleashing Public Private Partnerships in Tanzania |
| title_short |
Tanzania Economic Update, May 2016 : The Road Less Traveled – Unleashing Public Private Partnerships in Tanzania |
| title_full |
Tanzania Economic Update, May 2016 : The Road Less Traveled – Unleashing Public Private Partnerships in Tanzania |
| title_fullStr |
Tanzania Economic Update, May 2016 : The Road Less Traveled – Unleashing Public Private Partnerships in Tanzania |
| title_full_unstemmed |
Tanzania Economic Update, May 2016 : The Road Less Traveled – Unleashing Public Private Partnerships in Tanzania |
| title_sort |
tanzania economic update, may 2016 : the road less traveled – unleashing public private partnerships in tanzania |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/05/26379494/tanzania-economic-update-road-less-traveled-unleashing-public-private-partnerships-tanzania http://hdl.handle.net/10986/24373 |
| _version_ |
1764456516359815168 |
| spelling |
okr-10986-243732021-05-25T09:51:44Z Tanzania Economic Update, May 2016 : The Road Less Traveled – Unleashing Public Private Partnerships in Tanzania World Bank Group EMPLOYMENT MONETARY POLICY DEFICIT CAPITAL MARKETS HOLDING REGULATORY FRAMEWORK EQUIPMENT ACCOUNTING BROAD MONEY REVENUE MOBILIZATION STOCK INTEREST GUARANTEES PRIVATIZATION MONEY SUPPLY DEBT STOCK INDUSTRY EMERGING ECONOMIES EXPORT PERFORMANCE INTEREST RATE EXCHANGE LOCAL GOVERNMENTS BANKING SYSTEM BALANCE OF PAYMENTS SERVICES DEVELOPING COUNTRIES TAX COLLECTION TRADE FLOWS PUBLIC SERVICES ACCESS TO BANK REVENUES PORTFOLIO FISCAL POLICY PRICING BUDGET CONSTRAINTS PROJECTS TAX DECLINE IN INVESTMENT RESERVE INFLATION PENSION INSTRUMENTS DEBT LEVEL SAFETY NETS BUDGET PRESENT VALUE LABOR MARKET OIL PRICES SAVINGS CURRENCY COMMERCIAL BORROWING TELECOMMUNICATIONS DISBURSEMENT TRANSPORT EXCHANGE RATES COLLECTIONS TAX EXEMPTIONS RECURRENT EXPENDITURES PRODUCTIVITY OPTIONS INTEREST RATES MONETARY FUND TRANSFERS CRITERIA MARKETS DEBT MARKET INSTABILITIES LOCAL GOVERNMENT DEFICITS FOREIGN ASSETS LENDERS LOANS LABOR ENTERPRISES RESERVES BORROWING COSTS DEBT SERVICE PENSION FUNDS REAL SECTOR COMMODITY PRICE FINANCE GRANTS PUBLIC INVESTMENT INFRASTRUCTURE TAXES INVESTMENT DECISIONS BANKS FISCAL DEFICIT EXPENDITURE DEBT LEVELS INFRASTRUCTURE INVESTMENT EMERGING MARKETS EQUITY INCOME TAXES TRANSACTION INVESTORS HUMAN CAPITAL GOOD INTERNATIONAL RESERVES CAPITAL RATES OF INFLATION TRANSPARENCY SOCIAL SERVICES TRANCHE CURRENT MARKET PRICE FUTURE VALUE PENSIONS BANK RETURNS CREDIT CONFLICTS OF INTEREST COMMERCIAL DEBT MACROECONOMICS BUDGETS FOREIGN INVESTMENT INVESTMENT PROJECTS PUBLIC EXPENDITURES CONTRACT EXPENDITURES FINANCING REQUIREMENTS CAPITAL FLOWS MANDATES CURRENT ACCOUNT DEFICIT FISCAL YEAR COMMERCIAL LOANS TRANSACTION COSTS MARKET BANK OF TANZANIA PUBLIC DEBT EXPORTER GOVERNANCE INFLATION RATES RENEGOTIATIONS BUSINESS CYCLES CAPITAL GRANTS NEW ENTRANTS ECONOMIC DEVELOPMENT GOODS INVESTMENT RISK HUMAN RESOURCES SHARE POVERTY TAX ADMINISTRATION CAPITAL INFLOWS REVENUE DEVELOPMENT FINANCE LEVIES INVESTMENTS BORROWING LENDING CREDIT GROWTH CONTRACT RENEGOTIATIONS PRODUCTIVE INVESTMENT CAPITAL FLOW EXCHANGE RATE INSTRUMENT DEBT SERVICING PUBLIC SPENDING CAPITAL INVESTMENT LIABILITIES COMMODITY PRICES GOVERNMENTS ARREARS HEALTH SERVICES FINANCING SOURCES DEVELOPMENT BANK CONSOLIDATION The Tanzanian economy has grown at an average annual rate of around 6-7 percent for more than a decade. The rate of inflation has declined since January 2016, although it trended upwards in thepreceding few months due to increases in domestic food prices and the lagged impacts of the sharp depreciation of the Tanzanian Shilling during the first half of 2015. However, the Shilling stabilized in the second half of 2015, with the real exchange rate now close to the equilibrium level. The current account deficit has also improved, standing at around 8.7 percent of GDP in 2014/15. The level of aid inflows declined during 2014/15, although this was offset by increases in FDI and external non-concessional borrowing, maintaining the overall balance of payments in a stable position. Tanzania's infrastructure and social services deficits are already massive and projected to increase into the future. Traditional financing instruments are clearly insufficient to bridge the profound gap between existing public resources and financing requirements. By leveraging synergy between the public and private sectors, PPPs can mobilize additional sources of finance to fund the development of vitally needed infrastructure; to deliver on budget and on time to a greater extent than in the case of publicly financed projects; and to deliver higher quality services than in the case of publicly managed projects. Tanzania’s own policy documents identify PPP as a key instrument to attract new investment and to deliver infrastructure more efficiently. 2016-05-31T20:36:41Z 2016-05-31T20:36:41Z 2016-05 Report http://documents.worldbank.org/curated/en/2016/05/26379494/tanzania-economic-update-road-less-traveled-unleashing-public-private-partnerships-tanzania http://hdl.handle.net/10986/24373 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Africa Tanzania |