Uongo una mwisho wake. Yule mkuu wa waongo alipoondoka ghafla 17 March 2021, mambo yote yakawa hadharani. Ni vigumu kuongopa siku zote na usigundulike. Unaweza fanikiwa kwa kipindi kifupi tu. Na ndicho kilichotokea
Hizi ni kweli mmesahau hili? Ama ni kushabikia mungu-mtu wenu kama timu ya mpira? Wanyonge, buana.... mwendazake kama aliwavutisha madawa fulani. Yaani hamwelewi kitu kabisa!?
Tanzania president blocks critical IMF report on economy
Joseph Cotterill in Johannesburg
April 18 2019
Fund warns over 'unpredictable and interventionist policies' under Magufuli
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Tanzania was criticised by the International Monetary Fund for unpredictable economic policies and unreliable statistics in a report that President John Magufuli’s government blocked from publication this week. The unreleased report, seen by the Financial Times, warned of “unpredictable and interventionist policies that worsen the investment climate and could lead to meagre [or even negative] growth” in east Africa’s second-largest economy. The criticism appears to have earned the wrath of Mr Magufuli, who has been called “The Bulldozer” over his abrasive and erratic style, including attacks on foreign investors. The IMF said on Wednesday that the Tanzanian authorities had not consented to publication of the report, produced as part of the fund’s “Article IV” annual check-ups on countries’ economic health. Governments have a right to block publication but the reports are usually routine affairs and are almost always made public. Tanzania’s refusal to release the report has alarmed international investors, who already fear the government is hiding the true state of the economy. Tanzania has criminalised the release of statistics that vary from the official version, in a law that the World Bank has called deeply concerning. T
he IMF report said there were “serious weaknesses” in official Tanzanian statistics that point to gross domestic product growth of 7 per cent. The report said that “urgent steps are required to improve the national accounts” and urged Mr Magufuli’s government “to ensure an open and independent statistics agency”. Recommended African politics Tanzania opposition leader blames president after shooting
According to IMF estimates released earlier this month, the economy will grow 4 per cent this year. Since his election in 2015 Mr Magufuli has launched a crusade against corruption but also clashed repeatedly with business. His government has pushed to renegotiate and limit foreign investment in sectors such as mining. The policy has “clouded the investment climate”, the IMF said. Mr Magufuli last year rocked international commodity markets when he ordered the army to buy the country’s entire crop of cashews after a stand-off over prices. Tanzania is a big producer of the nut. In 2017, Mr Magufuli targeted London-listed Acacia Mining, a gold producer, with demands for $190bn in tax penalties. Acacia eventually paid $300m and agreed to reconsider its business model in the country as goodwill gestures to end the dispute. The IMF report also pointed to a slowdown in investment activity since Mr Magufuli came to power. Foreign investment fell to 2 per cent of GDP in 2017 from roughly 5 per cent in 2014, according to World Bank data. The IMF said: “The Fund does not comment on leaked reports.”
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