DAR ES SALAAM, July 6 -- CAPITAL markets are expected to play an increasingly important role in financing the countrys long-term development agenda, as the government moves to reduce reliance on public resources and mobilise more private investment for strategic projects.

Speaking during the 30th anniversary celebrations of the Dar es Salaam Stock Exchange (DSE) on Friday, Minister for Finance, Ambassador Khamis Mussa Omar, said achieving the countrys long-term development ambitions requires a strong financial sector and efficient capital markets capable of attracting investment, creating jobs and supporting economic growth.

He said the government will continue implementing measures aimed at improving the investment climate and strength...