TohidA/MONA · Datasets at Hugging Face

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SAC

21.1

2.1. Central bank operations and reforms

Adopt a strategy for refocusing the Bank of Tanzania on its core activities.

2

05/31/2009

MOD-SB

At R5, this condition is changed to a structural benchmark.

6

2

2009-05-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SAC

24.1

5.1. Public enterprise pricing and subsidies

Submit to the regulator a request for an aggregate electricity tariff increase based on full cost recovery (including all current operations, system maintenance, depreciation, and commercial financing costs).

2

07/30/2007

W

At P1R2, waiver was granted. Submission of request for tariff increase was deemed compliant by the regulator in October 2007. Decision by the regulator on tariff increase is due by early January 2008.

6

2

2007-07-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SAC

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to adopt the Medium-Term Financial Recovery Plan for Tanzania Electric Supply Company (TANESCO)

1

12/31/2006

M

N/A

6

1

2006-12-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Develop a dated action plan for integration of ASYCUDA and TISCAN system-based processes.

1

12/31/2006

M

N/A

6

1

2006-12-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Customs and Excise Department to develop a risk management strategy/plan, with a detailed timetable, to strengthen risk managemnt and selectivity principles.

2

09/30/2007

M

N/A

6

2

2007-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Complete the integration of the Customs and Excise Department and TISCAN's import clearance processes.

3

03/30/2008

MOD-DATE

At P1R3, delayed due to technical difficulties. Test date reset to 12/31/2008.

6

3

2008-03-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Complete the integration of the Customs and Excise Department and TISCAN's import clearance processes.

3

12/30/2008

MD

Implemented March 2009.

6

3

2008-12-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.5

1.5. Debt Management

Prepare a list of outstanding government guarantees and contingent liabilities, including debts held by parastatals.

1

09/30/2009

M

Introduced at R5. Met at R6.

6

1

2009-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit, with representatives from the Ministry of Finance and the Bank of Tanzania, to complete 2007/08 Government cash plan, including a three month cash flow forecast.

1

06/30/2007

NM

At P1R1, the first three-month cash flow forecast is expected by end-June 2007.

6

1

2007-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

06/30/2007

NM

At P1R2, CMU and CMC established, but 3-month cash flow is delayed.

6

2

2007-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

12/31/2007

MD

At P1R3, initial 3-month cash-flow forecast using a modified procedure was provided to line ministries and the BoT in February 2008. In addition, BoT started receiving daily reports on cheques issued to monitor near-term liquidity.

6

2

2007-12-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

09/30/2008

M

Met for R4.

6

2

2008-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

03/31/2009

M

Met for R5.

6

2

2009-03-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

09/30/2009

M

Met for R6.

6

2

2009-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

Quarterly

SB

N/A

6

2

2023-09-23

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Adopt a plan to transfer government deposits in commercial banks to the Bank of Tanzania (BoT).

3

03/31/2008

PM

At P1R3, initial plan circulated to shareholders.

6

3

2008-03-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Complete the special audit of the NBC-EPA debt in accordance with the agreed terms of reference.

4

10/31/2007

MD

At P1R2, audit report submitted to the authorities in November 2007.

6

4

2007-10-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish the list of companies, individuals, and NGOs that have received tax exemptions each quarter.

1

12/31/2006

M

Met for P1R1.

6

1

2006-12-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish the list of companies, individuals, and NGOs that have received tax exemptions each quarter.

1

Continuous

SB

This sb discontinued at R2.

6

1

2023-09-23

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Introduce a functional classification of expenditures consistent with the IMF's Government Financial Statistics Manual 2001 in the budget for 2009/10.

1

06/30/2009

NM

Introduced at R4. At R5, delayed to the next budget cycle.

6

1

2009-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Prepare a functional classification of expenditures consistent with the IMF's Government Financial Statistics Manual 2001 in the budget for 2010/11.

2

04/30/2010

SB

Introduced at R5. At R6, "on track".

6

2

2010-04-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

21.1

2.1. Central bank operations and reforms

Adopt a strategy for refocusing the Bank of Tanzania on its core activities.

1

05/31/2009

NM

Introduced at R4. At R5, a structural assessment criterion changed to a structural benchmark. At R6, In progress. A new corporate plan has been approved that provides for a refocusing of the BoT. A timebound action plan is expected by end-December. In meantime, BoT has proceeded to implement key components of the refocusing.

6

1

2009-05-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

24.1

5.1. Public enterprise pricing and subsidies

Raise electricity tariffs effective July 2007 to keep Tanzania Electric Supply Company (TANESCO) on its path to financial viability.

1

07/31/2007

MOD-SPC

At P1R1, upgraded to a pc, and modified to "submit to the regulator a request for an aggregate electricity tariff increase based on full cost recovery (including all current operations, system maintenance, depreciation, and commercial financing costs)" while retaining the 7/30/07 test date.

6

1

2007-07-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to Parliament amendments for harmonizing the regulatory framework for pension funds to allow the BoT to assume the role of the regulator and supervisor of financial aspects of pension funds.

1

02/29/2008

M

At P1R3, done. Social Security Bill submitted to parliament in February 2008.

6

1

2008-02-29

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Issue investment guidelines for pension funds prepared by the Bank of Tanzania.

2

03/31/2009

MOD-DATE

Introduced at R4. At R5, new test date is end-June 2009.

6

2

2009-03-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Issue investment guidelines for pension funds prepared by the Bank of Tanzania.

2

06/30/2009

NM

At R6, delayed—Issuance awaits appointment of regulator. New actuarial studies of each of the pension funds are underway.

6

2

2009-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Establish the credit reference databank and its operating guidelines.

3

06/30/2008

MOD-DATE

At P1R3, delayed. Design and information requirements approved by BoT management. Procurement and installation of systems will take place in 2008/09, with test date set for 6/30/2009.

6

3

2008-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Establish the credit reference databank and its operating guidelines.

3

06/30/2009

NM

Recruitment of long-term advisor is underway.

6

3

2009-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Inter-agency committee on financial sector reform will submit to Government a proposed unified legal and regulatory framework and investment guidelines for pension funds.

4

06/30/2007

MOD-DATE

At P1R1, the submission of a proposed unified legal frameowrk and investment guidelines for pension funds was delayed due to factors outside the Government'scontrol and is anticipated to be completed by end-September 2007.

6

4

2007-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Inter-agency committee on financial sector reform will submit to Government a proposed unified legal and regulatory framework and investment guidelines for pension funds.

4

09/30/2007

NM

At P1R2, delayed pending harmonization with Social Security Act, yet no test date confirmed.

6

4

2007-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Prepare quarterly financial stability reports for the BOT Board, including assessments of risk-based prudential supervision

5

09/30/2008

MOD-DATE

At R4, test date reset to 12/31/08.

6

5

2008-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Prepare quarterly financial stability reports for the BOT Board, including assessments of risk-based prudential supervision

5

12/31/2008

M

N/A

6

5

2008-12-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Prepare quarterly financial stability reports for the BOT Board, including assessments of risk-based prudential supervision

5

12/31/2009

SB

At R6, "on track".

6

5

2009-12-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

26

7. Exchange systems and restrictions (current and capital)

Prepare a review of the regulatory framework governing capital and financial account transactions.

2

09/30/2008

M

N/A

6

2

2008-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

26

7. Exchange systems and restrictions (current and capital)

Prepare an action plan for the liberalization and improved monitoring of capital account transactions.

3

03/31/2009

M

N/A

6

3

2009-03-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

N/A

2009-11-23

P1

R6

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Submit Anti-Corruption Bill to Parliament.

1

02/28/2007

M

N/A

6

1

2007-02-28

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SAC

21.1

2.1. Central bank operations and reforms

Establish a Memorandum of Understanding between the MOFEA and the BOT setting out respective responsibilities, including cost sharing of monetary policy operations.

1

09/30/2008

W

At R4, waiver granted. MoU was signed in December 2008.

7

1

2008-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SAC

21.1

2.1. Central bank operations and reforms

Adopt a strategy for refocusing the Bank of Tanzania on its core activities.

2

05/31/2009

MOD-SB

At R5, this condition is changed to a structural benchmark.

7

2

2009-05-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SAC

24.1

5.1. Public enterprise pricing and subsidies

Submit to the regulator a request for an aggregate electricity tariff increase based on full cost recovery (including all current operations, system maintenance, depreciation, and commercial financing costs).

2

07/30/2007

W

At P1R2, waiver was granted. Submission of request for tariff increase was deemed compliant by the regulator in October 2007. Decision by the regulator on tariff increase is due by early January 2008.

7

2

2007-07-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SAC

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to adopt the Medium-Term Financial Recovery Plan for Tanzania Electric Supply Company (TANESCO)

1

12/31/2006

M

N/A

7

1

2006-12-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.2

1.2. Revenue administration, including customs

Develop a dated action plan for integration of ASYCUDA and TISCAN system-based processes.

1

12/31/2006

M

N/A

7

1

2006-12-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.2

1.2. Revenue administration, including customs

Customs and Excise Department to develop a risk management strategy/plan, with a detailed timetable, to strengthen risk managemnt and selectivity principles.

2

09/30/2007

M

N/A

7

2

2007-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.2

1.2. Revenue administration, including customs

Complete the integration of the Customs and Excise Department and TISCAN's import clearance processes.

3

03/30/2008

MOD-DATE

At P1R3, delayed due to technical difficulties. Test date reset to 12/31/2008.

7

3

2008-03-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.2

1.2. Revenue administration, including customs

Complete the integration of the Customs and Excise Department and TISCAN's import clearance processes.

3

12/30/2008

MD

Implemented March 2009.

7

3

2008-12-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.5

1.5. Debt Management

Prepare a list of outstanding government guarantees and contingent liabilities, including debts held by parastatals.

1

09/30/2009

M

Introduced at R5. Met at R6.

7

1

2009-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit, with representatives from the Ministry of Finance and the Bank of Tanzania, to complete 2007/08 Government cash plan, including a three month cash flow forecast.

1

06/30/2007

NM

At P1R1, the first three-month cash flow forecast is expected by end-June 2007.

7

1

2007-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

06/30/2007

NM

At P1R2, CMU and CMC established, but 3-month cash flow is delayed.

7

2

2007-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

12/31/2007

MD

At P1R3, initial 3-month cash-flow forecast using a modified procedure was provided to line ministries and the BoT in February 2008. In addition, BoT started receiving daily reports on cheques issued to monitor near-term liquidity.

7

2

2007-12-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

09/30/2008

M

Met for R4.

7

2

2008-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

03/31/2009

M

Met for R5.

7

2

2009-03-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

09/30/2009

M

Met for R6.

7

2

2009-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

03/31/2010

M

Met for R7.

7

2

2010-03-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Cash Management Unit in the Accountant General's Department and Cash Management Committee, including both MoF and BoT staff, to produce updated Government's three month rolling cash flow forecast and liquidity management plan at the end of each quarter.

2

Quarterly

SB

N/A

7

2

2023-09-23

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Adopt a plan to transfer government deposits in commercial banks to the Bank of Tanzania (BoT).

3

03/31/2008

PM

At P1R3, initial plan circulated to shareholders.

7

3

2008-03-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Complete the special audit of the NBC-EPA debt in accordance with the agreed terms of reference.

4

10/31/2007

MD

At P1R2, audit report submitted to the authorities in November 2007.

7

4

2007-10-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish the list of companies, individuals, and NGOs that have received tax exemptions each quarter.

1

12/31/2006

M

Met for P1R1.

7

1

2006-12-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish the list of companies, individuals, and NGOs that have received tax exemptions each quarter.

1

Continuous

SB

This sb discontinued at R2.

7

1

2023-09-23

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Introduce a functional classification of expenditures consistent with the IMF's Government Financial Statistics Manual 2001 in the budget for 2009/10.

1

06/30/2009

NM

Introduced at R4. At R5, delayed to the next budget cycle.

7

1

2009-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Prepare a functional classification of expenditures consistent with the IMF's Government Financial Statistics Manual 2001 in the budget for 2010/11.

2

04/30/2010

M

Introduced at R5. At R6, "on track". At R7, functional classification has been prepared, and preparations are on track to report spending on a functional basis starting in FY10/11.

7

2

2010-04-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

21.1

2.1. Central bank operations and reforms

Adopt a strategy for refocusing the Bank of Tanzania on its core activities.

1

05/31/2009

MD

Introduced at R4. At R5, a structural assessment criterion changed to a structural benchmark. At R6, In progress. A new corporate plan has been approved that provides for a refocusing of the BoT. A timebound action plan is expected by end-December. In meantime, BoT has proceeded to implement key components of the refocusing.

7

1

2009-05-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

24.1

5.1. Public enterprise pricing and subsidies

Raise electricity tariffs effective July 2007 to keep Tanzania Electric Supply Company (TANESCO) on its path to financial viability.

1

07/31/2007

MOD-SPC

At P1R1, upgraded to a pc, and modified to "submit to the regulator a request for an aggregate electricity tariff increase based on full cost recovery (including all current operations, system maintenance, depreciation, and commercial financing costs)" while retaining the 7/30/07 test date.

7

1

2007-07-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to Parliament amendments for harmonizing the regulatory framework for pension funds to allow the BoT to assume the role of the regulator and supervisor of financial aspects of pension funds.

1

02/29/2008

M

At P1R3, done. Social Security Bill submitted to parliament in February 2008.

7

1

2008-02-29

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Issue investment guidelines for pension funds prepared by the Bank of Tanzania.

2

03/31/2009

MOD-DATE

Introduced at R4. At R5, new test date is end-June 2009.

7

2

2009-03-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Issue investment guidelines for pension funds prepared by the Bank of Tanzania.

2

06/30/2009

NM

At R6, delayed—Issuance awaits appointment of regulator. New actuarial studies of each of the pension funds are underway. At R7, ongoing. Issuance awaits appointment of a head of the Social Security Regulatory Agency. A second recruitment round has been undertaken to identify a suitable candidate. Hiring of the regulator and issuance of guidelines are expected by end-June.

7

2

2009-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Establish the credit reference databank and its operating guidelines.

3

06/30/2008

MOD-DATE

At P1R3, delayed. Design and information requirements approved by BoT management. Procurement and installation of systems will take place in 2008/09, with test date set for 6/30/2009.

7

3

2008-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Establish the credit reference databank and its operating guidelines.

3

06/30/2009

NM

Recruitment of long-term advisor is underway.

7

3

2009-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Inter-agency committee on financial sector reform will submit to Government a proposed unified legal and regulatory framework and investment guidelines for pension funds.

4

06/30/2007

MOD-DATE

At P1R1, the submission of a proposed unified legal frameowrk and investment guidelines for pension funds was delayed due to factors outside the Government'scontrol and is anticipated to be completed by end-September 2007.

7

4

2007-06-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Inter-agency committee on financial sector reform will submit to Government a proposed unified legal and regulatory framework and investment guidelines for pension funds.

4

09/30/2007

NM

At P1R2, delayed pending harmonization with Social Security Act, yet no test date confirmed.

7

4

2007-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Prepare quarterly financial stability reports for the BOT Board, including assessments of risk-based prudential supervision

5

09/30/2008

MOD-DATE

At R4, test date reset to 12/31/08.

7

5

2008-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Prepare quarterly financial stability reports for the BOT Board, including assessments of risk-based prudential supervision

5

12/31/2008

M

N/A

7

5

2008-12-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Prepare quarterly financial stability reports for the BOT Board, including assessments of risk-based prudential supervision

5

12/31/2009

NM

At R6, "on track". At R7, Ongoing. Draft report is finished and will be presented to the BoT Board in June (2010).

7

5

2009-12-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

26

7. Exchange systems and restrictions (current and capital)

Prepare a review of the regulatory framework governing capital and financial account transactions.

2

09/30/2008

M

N/A

7

2

2008-09-30

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

26

7. Exchange systems and restrictions (current and capital)

Prepare an action plan for the liberalization and improved monitoring of capital account transactions.

3

03/31/2009

M

N/A

7

3

2009-03-31

N/A

582

TANZANIA

738

PSI

2007-02-16

2,007

2010-02-15

2,010

2010-06-04

N/A

2010-06-04

P1

R7

L

SB

30.4

11.4. Anti-corruption legislation/policy

Submit Anti-Corruption Bill to Parliament.

1

02/28/2007

M

N/A

7

1

2007-02-28

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

20.5

1.5. Debt Management

Debt management: Prepare a Medium-Term Debt Strategy consistent with resource needs under the new PRS and reflecting contingent liabilities.

1

12/31/2010

SB

Introduced at R0. Justification: Critical for ensuring sustainability of the government’s borrowing strategy and for facilitating broader access to capital markets.

0

1

2010-12-31

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Establish a PPP unit within the MoFEA.

1

12/31/2010

SB

Introduced at R0. Justification: Essential for MoFEA to be able to implement its gate-keeping responsibilities specified in the PPP legislation.

0

1

2010-12-31

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Develop an index for monitoring priority social spending.

2

12/31/2010

SB

Introduced at R0. Justification: Facilitates monitoring the implementation of social spending.

0

2

2010-12-31

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Collect data, on a quarterly basis, on payment claims outstanding over 30, 60, and 90 days in Ministries of Infrastructure, Health, and Home Affairs. End-June data to be provided by end-September.

3

06/30/2010

SB

Introduced at R0. Justification: Enables a more accurate monitoring of the fiscal situation, and facilitates better projections of cash flow needs and smoother implementation of monetary policy.

0

3

2010-06-30

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Collect data, on a quarterly basis, on payment claims outstanding over 30, 60, and 90 days in Ministries of Infrastructure, Health, and Home Affairs. End-June data to be provided by end-September.

3

Quarterly

SB

Introduced at R0. Justification: Enables a more accurate monitoring of the fiscal situation, and facilitates better projections of cash flow needs and smoother implementation of monetary policy.

0

3

2023-09-23

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

21.1

2.1. Central bank operations and reforms

Establish framework for emergency liquidity assistance beyond day-to-day liquidity management and tools.

1

03/31/2011

SB

Introduced at R0. Justification: Provides mechanism for expedited handling of liquidity problems with systemic implications.

0

1

2011-03-31

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

23.1

4.1. Pension reforms

Appoint Head of Social Security Regulatory Agency and issue investment guidelines for pension funds.

1

06/30/2010

SB

Introduced at R0. Justification: Absence of effective regulation/supervision of the social security funds—which hold assets of 10 percent of GDP or one quarter of the financial system—adds considerable risk to the financial system and public finances.

0

1

2010-06-30

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

23.1

4.1. Pension reforms

Introduce data collection and reporting system for pension funds.

2

06/30/2010

SB

Introduced at R0. Justification: Enables higher frequency and more accurate monitoring of risks in the financial sector.

0

2

2010-06-30

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Approval by Cabinet of a new National Social Protection Framework.

1

06/30/2010

SB

Introduced at R0. Justification: To provide a reliable and comprehensive social safety net targeted to the most vulnerable and better automatic stabilizers in the event of future shocks.

0

1

2010-06-30

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit Financial Stability Report to the BoT Board.

1

06/30/2010

SB

Introduced at R0. Justification: Reinforces macro prudential surveillance.

0

1

2010-06-30

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Notification to banks to increase contributions to the Deposit Insurance Fund.

2

06/30/2010

SB

Introduced at R0. Justification: Introduced at R0. Justification: Deepens deposit insurance coverage.

0

2

2010-06-30

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Develop core inflation index.

1

12/31/2010

SB

Introduced at R0. Justification: Provides more meaningful indicator of the stance of monetary policy and a key EAC convergence indicator.

0

1

2010-12-31

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-06-04

P1

R0

E

SB

30.3

11.3. PRSP development and implementation

Adoption of MKUKUTA II (new 5-year poverty reduction and growth strategy) by Cabinet.

1

06/30/2010

SB

Introduced at R0. Justification: Provides the overall framework for policy interventions.

0

1

2010-06-30

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Debt management: Prepare a Medium-Term Debt Strategy consistent with resource needs under the new PRS and reflecting contingent liabilities.

1

12/31/2010

MOD-DATE

Introduced at R0. Justification: Critical for ensuring sustainability of the government’s borrowing strategy and for facilitating broader access to capital markets. At R1, in progress. New test date is specified so that the input from a Bank/Fund TA mission in December can be incorporated.

1

2010-12-31

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Debt management: Prepare a Medium-Term Debt Strategy consistent with resource needs under the new PRS and reflecting contingent liabilities.

1

03/31/2011

SB

At R1, test date rescheduled to end-March 2011, to incorporate results of additional Fund-Bank TA in December 2010.

1

2011-03-31

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Establish a PPP unit within the MoFEA.

1

12/31/2010

M

Introduced at R0. Justification: Essential for MoFEA to be able to implement its gate-keeping responsibilities specified in the PPP legislation. Met at the time of R1.

1

2010-12-31

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Develop an index for monitoring priority social spending.

2

12/31/2010

SB

Introduced at R0. Justification: Facilitates monitoring the implementation of social spending. At R1, in progress. The Government has adopted the functional classification of budget items and budget books for fiscal year 2010/11 were prepared in line with COFOG, which will enable monitoring of spending by economic functions.

1

2

2010-12-31

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Collect data, on a quarterly basis, on payment claims outstanding over 30, 60, and 90 days in Ministries of Infrastructure, Health, and Home Affairs. End-June data to be provided by end-September.

3

06/30/2010

M

Introduced at R0. Justification: Enables a more accurate monitoring of the fiscal situation, and facilitates better projections of cash flow needs and smoother implementation of monetary policy.

1

3

2010-06-30

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Collect data, on a quarterly basis, on payment claims outstanding over 30, 60, and 90 days in Ministries of Infrastructure, Health, and Home Affairs. End-June data to be provided by end-September.

3

Quarterly

SB

Introduced at R0. Justification: Enables a more accurate monitoring of the fiscal situation, and facilitates better projections of cash flow needs and smoother implementation of monetary policy.

1

3

2023-09-23

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Prepare a report on payment claims outstanding over 30, 60, and 90 days in Ministries of Infrastructure, Health, and Home Affairs for end-June, 2010.

4

12/31/2010

SB

Introduced at R1.

1

4

2010-12-31

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

21.1

2.1. Central bank operations and reforms

Establish framework for emergency liquidity assistance beyond day-to-day liquidity management and tools.

1

03/31/2011

SB

Introduced at R0. Justification: Provides mechanism for expedited handling of liquidity problems with systemic implications. For assessment at R2. At R1, in progress. An outline of financial crisis management framework has already been prepared.

1

2011-03-31

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

23.1

4.1. Pension reforms

Appoint Head of Social Security Regulatory Agency and issue investment guidelines for pension funds.

1

06/30/2010

MOD-SB

Introduced at R0. Justification: Absence of effective regulation/supervision of the social security funds—which hold assets of 10 percent of GDP or one quarter of the financial system—adds considerable risk to the financial system and public finances. At R1, appointment of Head completed in September; revised to "Issuance of investment guidelines for pension funds."

1

2010-06-30

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

23.1

4.1. Pension reforms

Introduce data collection and reporting system for pension funds.

2

06/30/2010

M

Introduced at R0. Justification: Enables higher frequency and more accurate monitoring of risks in the financial sector.

1

2

2010-06-30

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

23.1

4.1. Pension reforms

Issuance of investment guidelines for pension funds.

3

03/31/2011

SB

At R1, "issue investment guidelines for pension funds" rescheduled to end-March 2011, so that results of World Bank audits can be taken into account. Rationale of benchmark: mitigates risk to the financial system and public finances of large, unregulated pension funds (accounting for 25 percent of financial sector assets).

1

3

2011-03-31

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Approval by Cabinet of a new National Social Protection Framework.

1

06/30/2010

MOD-DATE

Introduced at R0. Justification: To provide a reliable and comprehensive social safety net targeted to the most vulnerable and better automatic stabilizers in the event of future shocks. New test date of end-March 2011.

1

2010-06-30

N/A

642

TANZANIA

738

PSI

2010-06-04

2,010

2013-06-03

2,013

N/A

2010-12-03

P1

R1

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Approval by Cabinet of a new National Social Protection Framework.

1

03/31/2011

SB

New test date specified because benchmark was not met end-June 2010.

1

2011-03-31

N/A