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Tanzanian papers stress economic reforms, value added exports

Discussion in 'Habari na Hoja mchanganyiko' started by Invisible, May 30, 2010.

  1. Invisible

    Invisible Admin Staff Member

    #1
    May 30, 2010
    Joined: Feb 11, 2006
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    As democracy increasingly takes hold and anti-corruption campaigners become emboldened, Tanzania progressively tackles addictive corruption and fosters accountability as part of its new economic and political development reforms, said the Daily News this week.

    But, according to the government-owned daily, the bad news is that donors have slashed their funding support for Tanzania's 2010/11 government budget by nearly a quarter of a billion dollars to US$534 million, due to concerns about the slow p ace of the reforms.

    'It is true, the development partners are not happy with how the country was working on some reforms for them to continue supporting the budget. For this reason, big men, women, top politicians and elites are being indicted under the new accountability,' said the daily's editorial.

    The paper, however, argued that the government was keen on implementation of reforms in public financial management, especially with regard to taxpayers' money, loans and foreign aid.

    'There is no doubt that the government is now determined to consolidate public finance reforms, transparency and accountability. To say the least, this is exactly what the development partners had always been emphasising on such grants and a id from them.

    'The battle against corruption is running high with the arrest and prosecution of some cabinet ministers and senior government officials,' said the paper, emphasising that the government had taken measures to instill accountability.

    These measures include improvement in the business and investment environment as well as equitable delivery of public services. The paper maintained that the decision taken by Tanzania's development partners would hurt investment in crucial i nfrastructure projects which depend on their funding.

    On its part, The Citizen daily called on Tanzanian goods and services producers to step up exports in order to reverse the falling value of the national currency.

    The shilling has inexorably depreciated against the US dollar in recent months, declining by 3.2 percent in the past six months. This week, it plunged further, triggering jitters in financial circles, with calls to the Bank of Tanzania to off load dollars from the foreign exchange reserves in order to halt the slump. . 'By so doing,' The Citizen said, 'the Bank of Tanzania will be appropriately taking a short-term measure, but which is unsustainable in the long term because

    reserves can be wiped out. Pursuing mercantilist approaches of restricting imports will be dangerous because they run counter to international trade regulations and are likely to prompt retaliation from trading partners.'

    According to the paper, the shilling's depreciation made exports cheap, but imports more expensive. It would make sense if the nation had a lot to export because its commodities would attract more buyers internationally. But that is not the case.

    'We import more than what we export, creating a perpetual huge deficit in the balance of payments,' the paper observed.

    Another Tanzanian daily, The Guardian, this week took a shot at public institutions, saying they must be open to scrutiny.

    A destructive current is sweeping through the corporate world in Tanzania, those behind it are public and private institutions, the paper charged.

    'It is the current of hypersensitivity to media criticism, however constructive, that some of the institutions go to the extent of denying 'errant' outlets much - needed advertising.

    'We understand that this nasty practice does not obtain only in Tanzania or just in the developing world.Common sense would normally show that, in the circumstances, the institutions would be as much as humanly possible wide open to criticism from their different target publics and indeed from the larger society.

    'In conditions where things work well enough, critical evaluation of institutional capacity and efficiency is not only welcome but actually invited and appreciated,' said the daily, underlining the importance of getting feedback on institutional activities as a barometer with which to gauge the quality of their product s or services and, in turn, know what to do for even better performance.

    The Guardian lambasted the practice of some institutions getting so uneasy with media criticism that they sought revenge by denying 'errant' media outlets advertisements.

    Describing the tendency as blackmail, the paper suggested that the government should step into discourage it.


    Dar es Salaam - 29/05/2010
    Credit: afriquejet.com
     
  2. Kiranga

    Kiranga JF-Expert Member

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    May 30, 2010
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    Hata mimi ningekuwa donor ninge slash misaada.

    Kwanza ukichukua misaada at 534 million US dollars, ukatoa 6 million za mechi na Brazil tayari ushatoa 1.123% ya hiyo aid, sasa kila siku kuna ujinga kama huu unaendelea. By the end of the year msaada wote umeingia matumboni mwa watu na kwenye upuuzi kama huu wa mechi na Brazil.
     
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