DAR ES SALAAM, May 12 -- WHENEVER I review the National Vision 2050 and analyse the goals set for reaching a 1.0 trillion US dollars economy and a 7,000 US dollars income by 2050, I find myself contemplating how contributions will be allocated to turn this vision into reality.
The vision states that the government will contribute 30 per cent, with 22 per cent from public organisations and 8 per cent from the federal government, while the private sector will contribute 70 per cent Although this goal is admirable, a key question remains: What form of funding will enable us to achieve it?
What financial resources are required for banks, especially development banks, to offer long-term, affordable loans to businesses across diverse sectors?...
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