Countries receiving debt relief under the Heavily Indebted Poor Countries initiative will be among the first to benefit from the new World Bank -- International Monetary Fund approach to strengthening the impact on poverty of concessional assistance in low-income countries. The new approach features a more inclusive and participatory process for helping recipient c...

Tanzania began its independence as a socialist country, but in the 1980s economic difficulties pushed it to adopt macroeconomic reforms, among them removing direct controls on prices and exchange and interest rates and opening up industry to private investment. Reforms intensified in the second half o...