Developing a local currency bond market is an important development objective for Tanzania to diversify its funding sources and ensure financial resilience over the medium to long term. By rationalizing expenditures, the government has kept fiscal deficits at sustainable levels despite a consistent decline in the average ratio of grants to gross domestic product (GDP), from 4.4 percent in the 2000s to 0.6 percent in the past five years. However, the...
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2024/06/30
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Report
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197454
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1
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2025/02/20
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Disclosed
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Tanzania - Domestic Bond Market Development : Diagnostic Report
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Citation
Randa Akeel; Anica Nerlich; Andreoli, Robert T. Jr.; Kratz, Peter; Hugo, Carel; Makuve, Tiviniton; Nyawata, Obert.
Tanzania - Domestic Bond Market Development : Diagnostic Report (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099021925121041869