The petroleum sector is characterized by substantial rents when discovered and developed. However, such rents are inherently volatile and finite. The effects of these returns to the economy especially for the emerging markets depend on how well such revenues are collected and managed. The purpose of this brief is to examine the effectiveness of the current fiscal regime and its contractual implications. The investor and the government may have different objectives in the development of gas fields. With the current fiscal regime, a prospective investor can satisfy the objective of obtaining substantial profits from gas exploitation with an internal rate of return above the market discount rate of 10%. With proper tax administration, the government is able to maintain the current tax rates at the same time encourage exploration and development of fields which are commercially viable before and after-tax. By analysing the 2013 Model Production Sharing Agreement the author shows that with varying gas prices and costs of investments the current rent collecting system is progressive. Amidst the declining oil prices in the world market, a debate has emerged whether the Tanzanian fiscal regime is too tight or not and how it may affect Investments in the sector.
Does obtaining a lot of schooling guarantee a quick transition to employment? Evidence from TVET graduates in Tanzania
This brief assesses the effect of the length of schooling on how long a Technical and Vocational Education Training (TVET) graduate spends unemployed. The analysis is motivated by observations that despite some 800,000 to 1,000,000 of graduates entering the labour market in Tanzania every year (NBS, 2015), on average the economy creates only about 250,000 […]
Muhtasari huu unatoa taswira fupi ya tathmini ya mchango wa ushirikishwaji wa wananchi katika mifumo badilifu ya utoaji wa huduma za maji safi na maji taka (WATSAN) nchini Tanzania. Tathmini hii imefanyika katika wakati muafaka ambapo pamoja na kuwa na zaidi ya muongo mmoja wa utekelezaji wa maboresho ya sera ya maji, machache yanafahamika kuhusu: […]
Case Studies of Smallholder Farmers in Tanzania Tanzania’s policy path has been characterized by institutional reforms aimed at increasing efficiency and productivity in key sectors of the economy. This brief examines the potential of various forms of institutional innovations in building competitiveness of smallholder agriculture in Tanzania. Evidence used shows that while some policies and […]
Hii ni taarifa fupi itokanayo na utafiti wa kitaalam kuhusu mchango wa mfumo rasmi na usiorasmi wa elimu, na upatikanaji wa ardhi na mikopo kwa uzalishaji kwenye kilimo Tanzania katika maeneo ya vijijini. Uchambuzi uliofanywa unasisitiza umuhimu wa elimu rasmi na ile isiyo rasmi, upatikanaji wa ardhi, na uzoefu wa muda mrefu wa stadi za […]