… wages were raised by an average of thirty percent
§ Domestic trade of food products was liberalized
§ Consumer price subsidies for maize were eliminated.
§ The Own-Fund Import Scheme, which allowed imports purchased with foreign currency deposited abroad was initiated.
However, the measures did not have a significant impact on overall economic performance. As international organizations increased their pressure on the Tanzanian government, President Nyerere resigned and was …
… emphasized fiscal performance measures and structural reforms such as:
§ Building administrative capacity for improving development management
§ Maintaining a stable fiscal stance and using public resources more efficiently
§ Promoting the private sector by deregulating investment and divesting parastatals
§ Providing greater support for primary education and basic health care
§ Supporting the development of basic infrastructure, especially rural agricultural development
§ Restructuring the financial sector to respond to the needs of …
… Reform Impresses IMF, (allAfrica.com), Available: http://allafrica.com/stories/200103160071.html (Accessed: 2003, March 16).
Reed, D. Case Study for Tanzania Structural Adjustment, the Environment and Sustainable Development, Earthscan, London, pp. 107-127.
Wenzel, H. And Wiedemann, R. (1989). Tanzanias Economic Performance in the Eighties, Studies in Applied Economics and Rural Development No. 20, Research Center for International Agrarian Development, Heidelberg.
Wobst, P. ( 2001), Structural …