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Economic & Sector Work :: Economic Updates and Modeling

Tanzania Economic Update : Opening the Gates - How the Port of Dar es Salaam Can Transform Tanzania

ACCESS TO CAPITAL ACCOUNTING AGRICULTURAL COMMODITIES AGRICULTURAL PRODUCTION AGRICULTURE ANNUAL GROWTH ARREARS ASYMMETRIC INFORMATION BALANCE OF PAYMENTS BANK POLICIES BANKING SYSTEM BILATERAL TRADE BILLS BROAD MONEY BUFFER CAPITAL ACCOUNT CAPITAL FLOWS CAPITAL GOODS CAPITAL INFLOWS CENTRAL BANK CENTRAL BANK POLICIES CLIMATIC CONDITIONS COMMERCIAL BANKS COMMERCIAL BORROWING COMMODITY PRICES COMPETITIVE EDGE COMPETITIVENESS CONSUMER GOODS CONSUMER PRICE INDEX CONSUMERS CONSUMPTION BASKETS CPI CREDIT GROWTH CREDIT GUARANTEES CULTIVABLE LAND CURRENCY REGULATIONS CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT IMBALANCE DEBT DEBT LEVEL DEBT MANAGEMENT DEBT POLICY DEBT SERVICE DEBT SUSTAINABILITY DEBT-SERVICE DEBTS DEFICITS DEPOSITS DEVALUATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT BANK DISBURSEMENT DISEQUILIBRIUM DIVIDENDS DOMESTIC BORROWING DOMESTIC CONSUMPTION DOMESTIC DEMAND DOMESTIC ECONOMY DOMESTIC FINANCIAL MARKETS DOMESTIC MARKET DOMESTIC SAVINGS ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC OUTLOOK ECONOMIC PERFORMANCE ECONOMIC PROJECTIONS ECONOMIC RISKS ECONOMIC SECTORS ECONOMIC STABILITY ECONOMIC THEORY ECONOMIES OF SCALE EMERGING ECONOMIES EQUIPMENT EXCHANGE RATE EXCHANGE RATES EXCISE TAXES EXIT STRATEGY EXPENDITURE EXPLOITATION EXPORT GROWTH EXPORTERS EXPORTS EXPOSURE EXTERNAL BALANCE EXTERNAL BALANCES EXTERNAL BORROWING EXTERNAL FACTORS EXTERNAL FINANCING EXTERNAL SHOCKS EXTERNAL TRADE FINANCIAL CRISIS FINANCIAL DISTRESS FINANCIAL SECTOR FISCAL BURDEN FISCAL CONSTRAINTS FISCAL DEFICIT FISCAL POLICY FISH FOOD PRICE FOOD PRICES FOREIGN CAPITAL FOREIGN COMPETITION FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT GDP GLOBAL ECONOMY GLOBAL MARKET GLOBAL MARKETS GOLD GOVERNMENT EXPENDITURES GOVERNMENT SUBSIDIES GROSS DOMESTIC PRODUCT GROWTH RATE GROWTH RATES GUARANTEES FOR LOANS HUMAN CAPITAL HUMAN CAPITAL DEVELOPMENT HUMAN DEVELOPMENT IMPORT IMPORT GROWTH IMPORTS INCOME TAX INEFFICIENCY INFLATION INFLATION RATE INFLATION RATES INTEREST PAYMENTS INTEREST RATES INTERNAL FINANCE INTERNATIONAL DEVELOPMENT INTERNATIONAL MARKETS INTERNATIONAL PRICES INTERNATIONAL RESERVES INTERNATIONAL STANDARDS INTERNATIONAL TRADE INTERNATIONAL TRANSACTION INTERNATIONAL TRANSACTIONS INVESTMENT CHOICES INVESTMENT CLIMATE INVESTMENT DECISIONS INVESTMENT PROJECTS LEVEL OF DEBT LEVY LOCAL BUSINESSES LOCAL CURRENCY LOCAL ECONOMY LOCAL MARKET M3 MACROECONOMIC INDICATORS MARKET POWER MARKET SHARE MARKET SIZE MOBILE PHONE MOBILE PHONES MONETARY FUND MONETARY POLICIES MONETARY POLICY NATIONAL ECONOMY NATURAL ENDOWMENTS NATURAL RESOURCE NATURAL RESOURCES NET EXPORTS OIL OIL PRICES OPEN COUNTRY PENSION PENSION FUND PENSION FUNDS PENSION SYSTEM PENSIONS PER CAPITA INCOME PER CAPITA INCOMES POLICY MAKERS POLITICAL ECONOMY POPULATION GROWTH PORTFOLIO PORTFOLIO FLOW POVERTY REDUCTION PRIVATE CREDIT PRIVATE INVESTMENT PRIVATE SECTOR CREDIT PRODUCERS PRODUCTION COSTS PUBLIC DEBT PUBLIC DEFICIT PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC FINANCES PUBLIC FUNDS PUBLIC INVESTMENT RAPID GROWTH RATE OF GROWTH RATE OF INFLATION REAL GDP RECURRENT EXPENDITURES REGULATORY AUTHORITY REMITTANCES REPAYMENT RESERVES RETAIL PRICES RETURN SHORTFALL SHORTFALLS SLOWDOWN SUPPLY SIDE SUSTAINABLE DEVELOPMENT TARIFF BARRIER TARIFF BARRIERS TAX TAX RATES TAX REVENUES TECHNOLOGY TRANSFERS TERMS OF TRADE TOTAL DEPOSITS TRADE BALANCE TRADE BARRIERS TRADE OPENNESS TRADE POLICIES TRADE SECTORS TRANSPORTATION COSTS TREASURY WAGES WEALTH WHOLESALE PRICES WORLD MARKETS WORLD PRICES
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Washington, DC
Africa | Tanzania
2014-01-09T22:53:17Z | 2014-01-09T22:53:17Z | 2013-05

The wide media coverage of the series as well as the interest in the blog show that the debate has been gradually moving from ministerial corridors to the public arena. This latest update foresees that the Tanzanian economy will maintain its resilience by continuing to grow at about 7 percent in the coming years. If some clouds are looming on the external and fiscal horizons, the update argues that the risks they pose should be manageable. The majority of the country s top 100 mid-size enterprises believe that 2013 will be better than 2012; and 2014 better than 2013. Nevertheless, a growing consensus today is that Tanzania needs to rely more than today on private enterprises to achieve faster and more equitable growth, as private enterprises are the ones that can provide jobs, build infrastructure, and bring new technology to the local economy. Many actions are needed on the policy front, especially to improve the business environment. Tanzania has gradually opened its economy since the early 2000s; it is also true that business coming in and going out of the country remains costly. To reduce trade costs, the priority should be to transform the Port of Dar es Salaam. An efficient port is critical because approximately 90 percent of Tanzania s international trade goes through its gates. This is a welcome development for local and regional consumers and firms that heavily depend on the performance of the port in their daily endeavors.

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