Urgent Reforms Needed to Enable Strong Private Sector-Led Inclusive Growth

[World Bank] DAR ES SALAAM, December 19, 2023-Over the past two decades, Tanzania has exhibited robust economic growth, surpassing many developing countries, even weathering the COVID-19 pandemic fallouts remarkably well. However, a new World Bank report shows for this trajectory to remain viable, and for Tanzania to reach its full development potential, in the coming years the country will need to switch gears towards a more private sector-driven growth model.