Tanzania on Tuesday denied blocking the publication of a critical International Monetary Fund report that accuses President John Magufuli's government of undermining economic growth with"unpredictable and interventionist" policies.
In an previous statement, the IMF said its staff report was part of its “mandate to exercise surveillance over the economic, financial and exchange rate policies of its members …” “Under the IMF’s own procedures, they submitted their draft report to us which I received on March 18, but our views are yet to be included ,” he said.
The IMF projected a rate of GDP growth of around 4-5 percent in the medium term, should current policies continue.
Source: News Formal (newsformal.com)
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