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Tanzania Could Become a Middle Income Country

Discussion in 'Jukwaa la Siasa' started by armanisankara, Aug 7, 2012.

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    armanisankara JF-Expert Member

    Aug 7, 2012
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    Tanzania Minister for Industry and Trade Dr Abdhallah Kigoda has assured the private sector in the country that the government recognizes them and will continue to support them.

    Speaking during the Tanzania Private Sector Foundation (TPSF) day in Dar es Salaam last week, the Industry and Trade Minister said that he was aware of the 9.7% this years' private sector contribution was making towards the national economy as compared to the 9.6% contribution in 2010-2011 financial year.

    "We want to make sure that Tanzania moves from the Least Developed Country (LCD) status to the middle in-come country making sure that we improve our industries, trading with our partner states and find market access for our products" Kigoda said.

    He added that there was need for both the private sector and the government to show commitment in their plans and make sure that such plans are implemented for the benefit of the country and its people noting that the private sector could drive the economic growth especially in a country like Tanzania.

    Kigoda noted that the government recognized the support of private sector for doing business and investment in the country and also in attracting investments through the reforms being made by the government in making sure that Tanzania becomes a conducive country for attracting investment.

    For continual assistance of private sector, he stressed, there will be more improvements in business environment in the country, while noting that currently the Small, and Medium Enterprises SMEs were contributing 27.9% to the GDP in national economy far above the contributions for the previous years.

    "The immediate fact is to improve the economy in industrialization even with the limited resources we have", Kigoda said adding that by using the intellectuals in the country and the good cooperation between the public and private sector the country can be able to move forward economically and attain the development required."

    He also pointed out that for the need of the private sector to do away with the mistrust to the public sector while encouraging the TPSF to engage itself in deliberations in issues that are critical to development with a formulation of Public Private Partnership (PPP) while stressing to work together with the private sector and speak with one voice on development issues.
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    Bull JF-Expert Member

    Aug 7, 2012
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    Mkuu, hii topic sidhani kama ha jf wanauwezo wa kuijadili, ngoja tuone!!