To facilitate the operational cooperation between the French development agency AFD, the German promotional bank KfW and the EIB, the three partners set up the “Mutual Reliance Initiative” in 2013 which formalises their closer partnership.
Country Report No. 2023/097
High Level Summary Technical Assistance Report No. 2023/001
The longtime critics of globalization are having another moment, claiming supply chain shortages, high inflation, and increasing migration are products of an overly globalized world.
Policy Paper No. 2023/004
“Tanzania’s economic recovery from the impact of the pandemic is continuing despite headwinds from the global economic environment. While some sectors, including mining, tourism, and other services, showed signs of recovery in 2022, growth for the year is estimated to have reached 4.7 percent, reflecting the impact of global economic conditions, and the effects of a shortfall in rainfall on electricity production and agriculture. Despite price subsidies provided by the government on fuel and fertilizer, inflation peaked at 4.9 percent (year-on-year) in January (from 4.0 percent a year earlier), approaching the Bank of Tanzania’s (BoT) 5 percent upper band. With inflation rising, the BoT has stepped up its repo operations to mop up excess liquidity.
Efforts to put in place effective policies for crypto assets have become a key policy priority for authorities, amid the failure of various exchanges and other actors within the crypto ecosystem, as well as the collapse of certain crypto assets. Doing nothing is untenable as crypto assets may continue to evolve despite the current downturn.
