Thursday, September 11, 2014

World Bank Managing Director Visits Tanzania



Managing Director and Chief Operating Officer for the World Bank Group, Sri Mulyani Indrawati, will visit Tanzania from September  11 – 14, 2014.

Indrawati is expected to hold high level discussions with President Jakaya Kikwete, President Ali Mohammed Shein of Zanzibar, Prime Minister Mizengo Pinda, and other top Government officials including the Minister of Finance, Saada Mkuya Salum. She will also have meetings with representatives of the private sector, civil society, academia and the media, and she will visit projects financed by the World Bank Group.
Indrawati will be making her first official visit to Tanzania since she was appointed the Bank’s Managing Director and Chief Operating Officer in June 2010.
The World Bank’s current commitment to the Government of Tanzania amounts to $ 3 billion for 23 projects in different sectors, with transport, energy, urban services, education and agriculture taking the lion’s share. Tanzania also benefits from an additional $221 million in World Bank financing for six regional, multi-country projects.
Tanzania has maintained a strong growth rate over the past decade, in addition to making significant strides in addressing key development needs, for example, in transport infrastructure” says Philippe Dongier, the Country Director for Tanzania, Burundi and Uganda. “The challenge is to make growth more inclusive and to accelerate reduction of poverty. The visit of Sri Mulyani Indrawati  is an opportunity to deepen our engagement to help Tanzania address its most pressing needs.”
Before her appointment to her senior leadership role at the World Bank Group, Indrawati was Minister of Finance for Indonesia, one of Asia’s largest economies. Prior to that, as head of the Indonesian National Development Planning Agency, she coordinated government and international reconstruction efforts following its devastating 2004 tsunami.

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