Cabinet approves plan to establish financial centre
Tanzania, June 3 -- Dar es Salaam. The government, through the Tanzania National Business Council (TNBC) Executive Committee, has resolved to establish an International Financial Centre (IFC) to attract investors, improve access to capital, stimulate economic growth, and create jobs.
Speaking after the 38th TNBC Executive Committee meeting at State House in Dar es Salaam, Chief Secretary and TNBC Chairperson, Ambassador Dr Moses Kusiluka, said the decision aimed to improve the investment climate.
He stressed the government remained committed to working with the private sector to resolve investment bottlenecks.
"We agreed to establish an IFC to address investor challenges and enhance Tanzania's competitiveness in attracting internationa...
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