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IMF - International Monetary Fund : Press Release: Statement at the Conclusion of an IMF Mission to Tanzania

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10/02/2012 | 01:59pm EDT
Press Release No. 13/375
October 2, 2012

An International Monetary Fund (IMF) mission, led by Mr. Paolo Mauro, visited Dar es Salaam during September 19-October 2, 2012 to conduct discussions for the fifth review under the Policy Support Instrument (PSI) and the first review under the Standby Credit Facility (SCF).1 The mission met with Hon. Dr. William A. Mgimwa, Minister for Finance, and Professor Benno Ndulu, Governor of the Bank of Tanzania, other senior government officials, representatives of the private sector, and development partners.

At the conclusion of the visit, Mr. Mauro issued the following statement:

"The Tanzanian economy has continued to perform strongly. Economic activity has remained robust, with gross domestic product (GDP) growth projected at 6½

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