Bank of Tanzania

The Bank of Tanzania (Swahili: Benki Kuu ya Tanzania) is the central bank of the United Republic of Tanzania. It is responsible for issuing the national currency, the Tanzanian shilling.

The bank was established under the Bank of Tanzania Act 1965. However, in 1995, the government decided that the central bank had too many responsibilities, and was thus hindering its other objectives. As a result, the government introduced the Bank of Tanzania Act 1995, which gave the bank the single objective of monetary policy.

It is governed by a Board of Directors consisting of ten people, four of whom are ex officio members which have three advisory committees that can assist them. The bank is headed by its Governor, assisted by three deputy governors in Administration, Economic and financial policies and Financial stability.

Financial Inclusion

The Bank is active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion. It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration during the 2011 Global Policy Forum held in Mexico.

Tanzania

Coordinates: 6°18′25″S 34°51′14″E / 6.307°S 34.854°E / -6.307; 34.854

Tanzania /ˌtænzəˈniːə/, officially the United Republic of Tanzania (Swahili: Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It is bordered by Kenya and Uganda to the north; Rwanda, Burundi, and the Democratic Republic of the Congo to the west; Zambia, Malawi, and Mozambique to the south; and the Indian Ocean to the east. Kilimanjaro, Africa's highest mountain, is in northeastern Tanzania.

Tanzania is one of the poorest countries in the world. Tanzania's population of 51.82 million (2014) is diverse, composed of several ethnic, linguistic, and religious groups. Tanzania is a presidential constitutional republic, and since 1996, its official capital has been Dodoma, where the President's Office, the National Assembly, and some government ministries are located.Dar es Salaam, the former capital, retains most government offices and is the country's largest city, principal port, and leading commercial centre.

Tanzania (genus)

Tanzania is a spider genus of the Salticidae family (jumping spiders), with three described species that all occur in the Mkomazi Game Reserve of Tanzania.

Description

These minute spiders range in body length from 1.5 to 3 mm. Both sexes look alike, but the females are sometimes darker.

Relationships

This genus is related to the genera Euophrys and Talavera.

Name

The genus name is derived from Lilliput, a land in Jonathan Swift's book Gulliver's Travels that is inhabited by minute people.

Species

References

External links