Wanted: clear plan for Tanzania's business plan – News

Dar es Salaam. Business leaders called for a clear roadmap on implementing Tanzania's business climate improvement plan.

The government's recent plan aims to harmonize trade policies, laws, regulations, taxes and levies. Presenting the 2018/19 budget to Parliament last month, Finance and Planning Minister Philip Mpango said implementation of the plan would begin in fiscal year 2018/19.

"In order to stimulate industrial development, the Government will focus more efforts on the implementation of the Regulatory Reform Plan to improve the business environment in Tanzania. in order to attract private sector investment., leather and meat; fish, edible oil, medicines and medical equipment; food and feed and mining, "he said.

Speaking yesterday in Dar es Salaam, the executive secretary of the Association of Textiles and Clothing Manufacturers of Tanzania (Tegamat), Mr. Adam Zuku, stated that the implementation of the adopted document would require a legal instrument, the intention to remove the obstacles that hinder businesses.

The Director of Agricultural Policy of the Tanzania Council, Timothy Mmbaga, ajo This would help reduce bureaucracy during the implementation of this plan. Mr. Zuku said that it was not clear at the present time who had the mandate to implement the project between the Ministry of Industry, Trade and Commerce. 39; Investment and Prime Minister's Office.

His feelings were echoed by Godfrey Simbeye, executive director of the Private Sector Foundation of Tanzania (TPSF), who said that for the government, the implementation of the document should be disciplined and coordinated. was of paramount importance.

He stated that the TPSF, for its part, was ready to engage the private sector through various associations to work systematically with the concerned ministries, departments and government agencies . He added that the private sector had already organized clusters that would engage ministries, departments and agencies during implementation.

"It is our responsibility, as a private sector, to urge the government to develop a workable plan of action as soon as possible," said Mr. Simbeye. at a breakfast gathering leaders from various sectors.

An economist and business expert, Dr. Donath Olomi, said that an assessment of the impact of regulation should be undertaken during the course of evolution policies, laws and regulations that impact businesses. "This is important in order to avoid unintended negative impacts and to ensure reasonable policy coherence.

" The regulations should be fair. They should not be treated as the means of collecting government revenue, but as a catalyst for stimulating investment, "said Dr. Olomi.

He also expressed the need for a plan of action by submitting quarterly or semiannual progress reports on the implementation of the plan.

"S & 39 it is implemented in an efficient and coherent manner, the master plan will undoubtedly lead to an improvement in the competitiveness and attractiveness of Tanzania for national and international investors, "noted Dr. Olomi.

The Executive Director of Tanzania, Santina Benson, said that for the plan's expected results to be achieved, the government should develop a prioritized implementation plan.