Tanzania 

Tanzania landenbeleid

Tanzania landenbeleid

Beleid vastgesteld op 30 december 2010

  • ILC, bankgarantie, centrale overheidsgarantie (onvoorwaardelijk)
  • Er is een landenplafond van 1000 mln euro van kracht
  • Het signaleringsplafond is 100 mln euro
  • - waarvan per 2012-02-29 170 mln euro benut is
  • Voor overheidskopers: minimale concessionaliteitseis van toepassing.

Landenklasse: 6

Restricties

  • Speciale voorwaarden, raadpleeg uw account manager

Dekkingsadviessituatie

Tanzania landenrapport

Atradius Dutch State Business Economic Research
Country Report last updated :  16 August 2010  

Country :  TANZANIA  

Political Situation
Stable

Head of state
President Jakaya Kikwete (since December 2005). The president is chief of state, head of government and commander-in-chief of the armed forces.

Form of government
Government of CCM. De facto one party democracy. Both in the parliament of Tanganyika and Zanzibar.

Member of UN, IMF, IBRD, AfDB, WTO, AU, SADC, EAC.

Internal Economic Situation
Rather High Growth

General situation
Tanzania is a very poor country, even for African standards. Although the country is for a large part arid and unfruitful, agriculture generates 27% of GDP. Tourism has increasingly become an important source of income. The government budget is largely dependant on foreign aid. Economic growth is structurally high. Although Tanzania has built a reputation as a good student of the IMF, recent progress on structural reform is disappointing. Inflation is high at 9%.  Economic reforms has made some progress and secured debt relief, but Tanzania’s investment climate is still poor compared to other Sub Saharan countries. Insufficient infrastructure, corruption, poor legal framework and lots of red tape are the main obstacles.  The banking sector is small and shallow, but well capitalized.

 

External Economic Situation
Large Current Account Deficit

Main sources of foreign exchange
Gold (45% of exports), cotton (14%), coffee (3%), other agricultural products (tea, tobacco, sisal, cashew nuts), tourism.

Main foreign markets
EU 24% (Netherlands 5%), Canada (9%), India 7%, Africa (20%).

Main expenses of foreign exchange
Consumer goods (24% of imports), capital goods and transport equipment (22%), raw materials (11%), petroleum (17%).

Balance of payments 
CA deficit financed by donor inflows (grants and loans) and FDI (mainly mining). Exports have risen in recent years because of the boom in gold mining, which benefits from high gold prices. Ongoing depreciation of the shilling since end of 2008.     

 

Contact Atradius

Oscar Boot
Underwriter Africa
Tel: + 31 (0)20 553 3189
Email: oscar.boot@atradius.com