This Country Financial Accountability Assessment (CFAA) considers the strength of the financial accountability framework in Tanzania's public and private sectors. It is intended to assist the Government's own ongoing efforts to strengthen the financial accountability framework and build capacity to carry out financial accountability functions. The report assesses whether the design and implementation of the framework are adequate to ensure the proper use of Government and donor resources. It also measures the degree of compliance with rules and procedures; identifies areas of risk, especially where the country's formal rules, systems, and procedures fall below international benchmarks, and suggests remedial actions and mitigating measures. In addition, the assessment focuses on progress made in building capacity to perform the duties necessary to ensure financial accountability, with special concern for governance issues and the public interest. The CFAA has two key objectives, firstly to facilitate a common understanding by the Government and development partners of the country's financial management arrangements in both the public and private sectors, identifying areas for improvement and reaching agreement amongst key stakeholders on how to take this forward. Secondly, to identify areas where accountability arrangements need to be strengthened and the risks that these may pose in relation to the use of public funds.