United Republic of Tanzania: Request for Disbursement under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for the United Republic of Tanzania

Request for Disbursement under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for United Republic of Tanzania
Volume/Issue: Volume 2021 Issue 254
Publication date: December 2021
ISBN: 9781616354619
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Topics covered in this book

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Exports and Imports , Money and Monetary Policy , International - Economics , RCF disbursement , RFI disbursement , import bill , financing gap , RCF resource , RFI purchase , COVID-19 , Balance of payments need , Emergency assistance , Credit , Global

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Summary

The COVID-19 pandemic has negatively impacted Tanzania’s macroeconomic outlook. The Tanzanian authorities are implementing a comprehensive emergency pandemic response plan to help mitigate the significant socioeconomic and health effects of the crisis, resulting in an ongoing urgent balance of payments need.