Tanzania denies blocking IMF report

Tanzania President John Magufuli addresses a joint press conference at State House in Nairobi. [Boniface Okendo/Standard]
Tanzania on Tuesday denied blocking the publication of a critical International Monetary Fund report that accuses President John Magufuli’s government of undermining economic growth with “unpredictable and interventionist” policies.

In the leaked report, seen by Reuters last week and which the IMF said was not made public after Tanzanian authorities did not consent to its publication, the fund said a weak business environment and the implementation of projects that may not have high rates of return were likely to constrain annual gross domestic product growth.

“The government is still holding consultations with the IMF. We have not blocked the report in any way whatsoever,” finance and planning minister, Philip Mpango, told parliament.

“They should not rush this debate, we are still consulting with the IMF on this report.”

SEE ALSO :IMF raises concern over Tanzania’s government policies

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President John MagufuliInternational Monetary FundIMF