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Modernization of deposit insurance system in Tanzania

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Frame of Image ) Ministry of Finance Hong Tack Chun, Executive Director, Center for International Development (CID), KDI MoonJoong Tcha, Senior Advisor to Deputy Prime Minister and Minister of Strategy and Finance, Former Executive Director, CID, KDI Taihee Lee, Director, Policy Consultation Division, CID, KDI Joo Hyun Kim, Chairman & President, KDIC Jeewon Lee, Research Associate, KSP Consultation Unit 2, CID, KDI Keehyun Park, Assistant Manager, International Cooperation Team, KDIC Kyoungho Kim, Head of International Cooperation Team, KDIC Chapter 1. Angela G. Abayo, Senior Economist, Economic Research Policy Department, Bank of Tanzania Seungkon Oh, Senior Research Fellow, Department of Deposit Insurance Policy, KDIC Chapter 2. Seungkon Oh, Senior Research Fellow, Department of Deposit Insurance Policy, KDIC Chapter 3. Teakdong Kim, Manager, International Cooperation Team, KDIC Jinhoon Jeong, Manager, International Cooperation Team, KDIC Chapter 4. Teakdong Kim, Manager, International Cooperation Team, KDIC Jinhoon Jeong, Manager, International Cooperation Team, KDIC Chapter 5. Teakdong Kim, Manager, International Cooperation Team, KDIC Jinhoon Jeong, Manager, International Cooperation Team, KDIC Jihye Park, Editor, International Cooperation Team, KDIC
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Government Publications Registration Number 11-1051000-000269-01 ISBN 978-89-8063-768-3 94320 978-89-8063-739-3 (set) Copyright ⓒ 201


Full Text
Title Modernization of deposit insurance system in Tanzania
Similar Titles
Project Category Consulting Programs
Material Type Reports
Author(English)

Korea Deposit Insurance Corporation

Publisher

Seoul:Korea Development Institute

Date 2013
Project Consulting Programs
Series Title; No Knowledge Sharing Program
ISBN 978-89-8063-768-3 94320
Pages 185
Subject Country Tanzania(Africa)
Language English
File Type Documents
Original Format pdf
Subject Official Aid < Economic Infrastructure
Holding KDI; KDI School
Recipient Country Tanzania(Africa)
Recipient Country Org. Bank of Tanzania(Deposit Insurance Board of Tanzania) Ministry of Finance
Donor Country South Korea(Asia and Pacific)
Supervisor Korea Development Institute
Organizer Korea Deposit Insurance Corporation
Sponsor Ministry of Strategy and Finance
Project Term 2012-01-01 ~ 2012-12-31

Abstract

The Korea Deposit Insurance Corporation (KDIC) has had ties with the Deposit Insurance Board (DIB) of Tanzania since 2009. In November 2010, the DIB applied for the 2011 Knowledge Sharing Program (KSP) and asked the Korean government and the KDIC to provide assistance for the establishment of an independent deposit insurance agency. To successfully implement the project, the KDIC put together the Global-KDIC KSP team and organized meetings and discussions within and outside the organization to carry out the project in a more effective and efficient manner.
After deciding how to implement the project, the KDIC conducted a demand survey and a pilot study. The results were reported at an interim reporting workshop
followed by training for policy practitioners. The final reporting session was held in January 2012, along with a senior policy dialogue, in which the KDIC provided policy consultation regarding how Tanzania would build a deposit insurance system that matches the country’s circumstances, and laid out a roadmap for future development. During the 2011 KSP, a working group of local consultants was formed for the improvement of deposit insurance system in Tanzania and the working group members received training from the KDIC. It is expected that the working group will play a leading role in creating an independent deposit insurer in Tanzania.