Tanzania: Macroeconomic modelling (MACMOD)

Tanzania: Macroeconomic modelling. A long-term project (1992-2001) that includes developing a macroeconomic projection model for the Tanzanian economy and technical assistance in using it for medium-term economic planning and budgeting in the Ministry of Finance and the Planning Commission in Tanzania. The model has been used for government fiscal and monetary policy analysis in Tanzania since 1994. After the first version of the model was developed, work has involved updating and extending the model as data become available and the economic policy regime changes. In addition work has involved on-the-job training, assistance in running the model for the annual government budget, and preparing the macroeconomic analysis behind the budget and the Policy Framework Paper.