TY - BOOK ID - 84656032 TI - United Republic of Tanzania : Selected Issues. AU - International Monetary Fund. AU - International Monetary Fund PY - 2014 SN - 1484391144 1484390989 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Economic development -- Political aspects -- Tanzania. KW - Tanzania -- Economic conditions. KW - Tanzania -- Economic policy. KW - Business & Economics KW - Economic History KW - Investments: Stocks KW - Public Finance KW - Taxation KW - Industries: Energy KW - Hydrocarbon Resources KW - Fiscal Policy KW - Business Taxes and Subsidies KW - Pension Funds KW - Non-bank Financial Institutions KW - Financial Instruments KW - Institutional Investors KW - Personal Income and Other Nonbusiness Taxes and Subsidies KW - Petroleum, oil & gas industries KW - Public finance & taxation KW - Macroeconomics KW - Investment & securities KW - Natural gas sector KW - Fiscal policy KW - Production sharing KW - Stocks KW - Income and capital gains taxes KW - Economic sectors KW - Taxes KW - Financial institutions KW - Gas industry KW - Oil and gas leases KW - Income tax KW - Tanzania, United Republic of UR - https://www.unicat.be/uniCat?func=search&query=sysid:84656032 AB - This Selected Issues paper discusses the potential fiscal impact of a large-scale gas project and explores aspects of macro-fiscal management of the associated revenue flow. The chapter also provides background and context focusing on recent offshore natural gas discoveries. The paper also describes features of the current petroleum fiscal regime in Tanzania and will present tentative simulations of the fiscal impact of a potential gas project. A string of natural gas discoveries in Tanzania’s deep offshore waters have generated considerable expectations. The outlook for natural gas in Tanzania is positive, albeit still highly uncertain. If major revenues are obtained and put to fruitful use, they could have a transformational impact on the economy. At the same time, expectations need to be tempered by the remaining uncertainty about the eventual size of the gas resources; no company has yet made a final investment decision involving the deep offshore gas reserves. This uncertainty will hopefully diminish in the next few years. ER -