Progress in Tanzania.

Position:Economic conditions - Brief Article

Mkukuta is Tanzania's way out of poverty. Mkukuta is the Kiswahili acronym for the International Monetary Fund's (IMF) next five year program, which emphasizes the creation of physical and social infrastructure as a way of attracting Foreign Direct Investment (FDI) and stimulating growth.

In a recent report summarized by The Guardian (London), the IMF said that over the past decade Tanzania had made significant progress in improving its macroeconomic statistics. Since 2000, Tanzania's GDP has been over 5 percent every year. And this year the IMF forecasts 6.5 percent growth. In 2002 growth reached a high of 7.2...

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