1945

Conclusions and recommendations

Tanzania has emerged from a lengthy period during which state ownership and control dominated most aspects of economy and society. After a hesitant start, the reform process quickened in the late 1990s, characterized by, for example, improvements in the investment framework, successful privatization and an upturn in economic growth and other macroeconomic indicators. The new investment climate is attractive to foreign investors, as evidenced by increased FDI inflows. But these inflows have not yet reached the levels satisfying Tanzania's needs and expectations and, most importantly, potential.

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