Thursday, 16 November 2017

WB calls for public, private sectors open dialogue

From Daily News, Dar es Salaam
By Daily News Reporter

THE World Bank said yesterday that only honest dialogue between the public and private sectors will enhance Tanzania’s pace towards becoming a middle income economy.

The World Bank Country Director, Ms Bella Bird, told a seminar jointly organised by the bank and the National Business Council (TNBC) in Dar es Salaam that the voices raised by members of the private sector are important in eliminating challenges that are inimical to growth and economic development.

She said the voices from the private sector will highlight the challenges that constitute frosty environment in doing business in Tanzania and those challenges will be solved. Early this month, while in Mwanza, President John Magufuli praised the World Bank as a considerate, honest and consistent supporter of Tanzania’s development efforts.

“There must be trust between the government and the private sector. That is why I believe the voices from the private sector are necessary to be able to know the kind of challenges investors are facing,” she said.

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