The World Bank praised Tanzania’s fiscal growth, calling it one of the continent’s bright spots, and according to International Monetary Fund’s (IMF), Tanzania was placed second with a projected growth rate of just under 7 per cent.
The country’s President, John Magufuli, attracted headlines after cracking down on corruption and inefficiency, and he hopes more investment will soon follow.
The World Bank also praised President Magufuli’s anti-corruption crusade. Now, the nation is looking towards the future. There are plans for a new port and a bid for a cross-country oil pipeline, among other projects.
The World Bank also praised President Magufuli’s anti-corruption crusade. Now, the nation is looking towards the future. There are plans for a new port and a bid for a cross-country oil pipeline, among other projects.