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Tanzania: Report by Exotix and IMF reassures brighter economic outlook

Report from UK-based Exotix Partners in collaboration with the Kenya-based Equity Investment Bank have it that Tanzania has a bright economic outlook – adding up to IMF economic forecast for Tanzania. The report highlights that the current anti-corruption and anti-tax evasion drive by the President, HE John Magufuli, might look disruptive in the short term but will do the country a greater favour in the long term. The report said “this reformist agenda has proved painful but should these policy actions be sustained they could act as a long-term positive catalyst for the efficiency of Tanzania’s public sector institutions.” read more

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