“Ensuring that no one is left behind nor by the wayside” has long been a rallying cry for inclusive growth and sustainable development in Tanzania and much of the developing world. While considerable progress has been made towards attainment of many of the sustainable development goals, development and infrastructure gaps have remained pervasive undermining efforts to developmental aspirations. Tanzania has historically relied on fiscal consolidation as a strategy for financing development ostensibly aimed at reducing debt vulnerabilities and boost resilience. Tanzania has employed fiscal rules, budgetary reforms, tax policy and administration measures, public-private partnerships, and other innovative financial instruments to raise additional finance for enhancing development expenditure, in particular infrastructure investment.
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