A Rule-Based Medium-Term Fiscal Policy Framework for Tanzania

A Rule-Based Medium-Term Fiscal Policy Framework for Tanzania
A zero net domestic financing (NDF) target has served Tanzania well in recent years, contributing to prudent expenditure policy, improved fiscal sustainability, and macroeconomic stability. Moving to a more flexible fiscal policy, however, may serve Tanzania better. The "diamond rule" proposed in this paper incorporates a permanent hard ceiling... READ MORE...

Publication date: November 2009
ISBN 9781451873917
$18.00

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