Dar es Salaam. Tanzania needs independent monitors to assess and evaluate the implementation of reforms, experts have said.
The World Bank and private sector players yesterday proposed the establishment of an independent monitoring institution to check progress on reforms.
They made the call during a meeting to discuss the World Bank’s latest report on the ease of doing business.
The report, which was released last week, ranked Tanzania among some of the countries that are not faring satisfactorily on ease of doing business. Tanzania was ranked 137 out of 190 countries in Doing Business (DB 2018) globally. That was a drop by five positions from position 132 in the 2017 report. World Bank practice manager for East Africa, Ms Catherine Masinde, said the country did not make it to the top because of the gaps in implementation of reforms.
“I understand that Tanzania has undergone some fiscal reforms, including removing auxiliary Value Added Tax (VAT) on transit goods, reduce inadequate of power and start operating 24 hours per day at the Dar es Salaam Port,” she said.
“But, what does this mean if the cost required to start a business surpasses per capita income or it takes many years for approval to be granted due to tenth of procedures?”
Tanzania Private Sector (TPSF) executive director Godfrey Simbeye said ranking 182 out of 190 was not a good sign for industrial growth.
“We need to make things easy, when it comes to doing business because we are now undergoing industrial revolution, meaning that we will need to export and import,” he said.