T
wenty years on from a mass
of privatisations that began
to separate Tanzania’s future
from its statist past, east
Africa’s most populous country is set for consistent growth of 6.
5
per cent this year, buoyed by a growing bounty of natural resource...
More
T
wenty years on from a mass
of privatisations that began
to separate Tanzania’s future
from its statist past, east
Africa’s most populous country is set for consistent growth of 6.
5
per cent this year, buoyed by a growing bounty of natural resource discoveries.
Labelled by the World Bank as a
“top performer” for its macroeconomic indicators and as “a model of
sound economic performance”, it has
sidestepped most of the inflationary
pressures that afflicted its neighbours
last year and foreign investors are
forming a tentative queue.
The fiscal deficit is falling, tax collection is rising and politics is, by and
large, stable.
It remains beloved of
donors, who, despite regular and highlevel corruption scandals, finance a
third of spending and say sometimes
tense relations are thawing as management of public finances improves.
The government has set its sights on
becoming a middle-income country by
2025.
Politically, an increasing number of
the 46m population have a voice, giving a
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