Tanzania’s middle-income status based on solid growth: IMF envoy

Mr Jens Reinke, IMF Resident Representative in Tanzania

What you need to know:

  • To sustain long-term growth and generate additional employment, private sector development will also be crucially important. In our view, the business environment could be improved with more vigour, for example by accelerating implementation of the “Blue Print”.
  • The Tanzanian government tends to approach reform in a cautious way, but urgent challenges (such as the pandemic’s impact on economic growth) call for more rapid action.