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Local Government Finances and Financial Management in Tanzania Empirical Evidence of Trends 2000 - 2007

"The main objective of this paper is to document and analyse the impacts of Tanzanian local government reforms. This paper examines the capacity of local government authorities in Tanzania with respect to financial management and revenue enhanceme...

BIDPA Briefing 2nd Quarter 2001

In this BIDPA Briefing the Botswana inflation rate is analyzed. It has persistently remained below South African core inflation since the latter part of 2000. This trend could partly be explained by the reduction in domestic inflationary pressures...

BIDPA Briefing 2nd Quarter 2000

"In previous BIDPA Briefings, it was noted that the current boom has depended to a large extent on the high rate of increase in government spending. The continuation of the boom also largely depends, therefore, on whether or not the government in...

BIDPA Briefing 3rd Quarter 1999

"In this issue, the economic forecasts were extended out to the end of the year 2000. Obviously these are subject to much uncertainty and will be revised over time, but it is hoped that they will prove to be useful and informative. They mostly sho...

BIDPA Briefing 2nd Quarter 1999

"In the BIDPA Briefing for the first quarter of 1999, the real value of commercial bank lending actually fell during the early years of the boom. It only began to increase in real terms in 1998, and since then has been increasing very fast indee...

BIDPA Briefing 1st Quarter 1999

"The Botswana economy continues to show healthy growth across the board, driven by most of the major components of aggregate demand - government spending, consumer spending, and private investment. This continued high economic growth, which we est...

BIDPA Briefing 4th Quarter 1998

"As 1998 drew to a close, the Botswana economy finally felt the impact of the global economic slowdown, with a sharp drop in diamond exports in the fourth quarter of the year. However,this has so far had little impact outside of the mining sector,...

BIDPA Briefing 3rd Quarter 1998

"The global economic turmoil of recent months has so far not had a major effect on the Botswana economy. Despite tumbling stock markets all over the world, and the fear of global economic recession, the Botswana economy is performing well, particu...

Budget Briefing Analytical and Policy Perspective Special 2010/11

"In addition to discussing the outcomes of the 2010/11 budget, this Briefing highlights the implications of the proposed 2010/11 budget and its outcomes from an analytical and policy perspective. We highlight the challenges that the economy faces...

BIDPA Briefing Budget Briefing 2006/7

"This edition of the BIDPA Briefing discusses the 2006/07 budget speech. It attempts to establish whether the Budget Speech is growth promoting, which is a requirement for achieving the Budget theme. While it is concluded that the Budget is indeed...

BIDPA Briefing 2005/06 Budget Briefing

"The 2005/06 Budget that the Minister presented on 7 February 2005 was fashioned against the numerous challenges that were facing the nation, including, inter alia:the HIV/AIDS pandemic, the slower growth in GDP, the high and rising rate of unemp...

BIDPA Briefing 2004/05 Budget Briefing

"This special BIDPA Briefing takes a historical look at government budget performance, highlighting the changing fiscal outlook and its implications for future macroeconomic policies. The first part of the Briefing considers how revenue prospects ...

BIDPA Briefing The 2000 Botswana Budget

"Most of the changes announced in the 2000 Budget Speech were relatively minor. Of greater importance for the economy are the rates of increase of government spending, which continued at more than 20% in the current year. This follows similar incr...

Botswana’s Debt Sustainability : Tracking the Path

"The study focused on various GDP growth scenarios; second, different sources (publications)report various figures in relation to the used basic national data such as debt to GDP ratio, government deficits, monetary base, for instance. No attempt ...

Deepening Integration in Botswana - a Benchmark for the Region

"The basic objective of the study, is to provide a broad stock-taking of the status of the policy frameworks of Botswana, especially with respect to the targets set out in the Memorandum of Understanding on Macroeconomic Stability and Convergence,...

G-8 Preview: Bush and Allies to Discuss Repairing Their Rift and Rebuilding Iraq

The annual economic summit of eight industrialized nations, which begins June 1 in Evian, France, will provide an opportunity for President Bush to repair relations with major European countries that opposed the U.S. invasion of Iraq, particularly...

The Problem Of High Interest Rates: Don’t Control But Please Regulate

"The persistence of high interest rates in Ghana is the collective responsibility of banks, the fiscal authorities and the monetary authorities. High bank lending rates and large spreads are of particular concern, not only can they not be justifie...

The Case For Windfall Profit Taxes In Ghana’s Mining Code

"This Legislative Alert examines the fiscal provisions of Ghana’s mining code. It briefly examines the changes that have been made in Ghana since the first code was enacted in 1986. Noting the recent change in royalty rates, as well as the imposit...

Wagner’s Law And The Causal Nexus Between Government Expenditures And Tax Receipts: An Empirical Study Of Ghana

"Wagner's law is tested by using the traditional versions and our own versions which account for prices. Results show that Wagner's law exists in Ghana. However, there is no empirical support to the view that increases in government expenditure...

Determination Of Real Exchange Rate Misalignment For Ghana

"The paper determines real exchange rate misalignment for Ghana for the period 1980 - 2010. It finds that the equilibrium real exchange rate is influenced to a significant extent by "fundamental" or "real" factors - represented in the study by pro...

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