DAR ES SALAAM (Reuters) – Tanzania’s re-elected President John Magufuli on Friday re-appointed Philip Mpango as finance minister, and promised continued reforms to the mining sector to assist ship the aim of 8% annual financial progress in his second time period.
Nicknamed the “Bulldozer”, Magufuli was declared the winner of polls final month after securing 84% of the vote, though the opposition have rejected the outcomes, alleging widespread irregularities.
Magufuli’s option to retain Mpango indicators confidence in a minister who helped execute insurance policies which, in keeping with official figures, contributed to common progress of 6.9% throughout his first time period, propelling Tanzania to low center revenue standing.
As finance minister since 2015, Mpango helped the president push via an industrialisation drive and implementation of massive infrastructure initiatives, together with a brand new rail line, hydropower dam and a revival of the nationwide service.
Magufuli instructed lawmakers on Friday his authorities goals to increase the economic system by a minimum of 8% and one in all his key precedence for his second time period is sustained reforms of the mining sector.
“There are some individuals who have been issued with exploration and mining licences however they haven’t labored on them, we are going to revoke the licences and distribute the areas to small and artisanal miners,” he instructed lawmakers.
“The steps that we’ll take within the subsequent 5 years will assist the mining sector to contribute a minimum of 10% of the GDP by 2025.”
Gerson Msigwa, the director of presidential communications, mentioned in a press release that the president had additionally re-appointed one other ally, Palamagamba Kabudi, as minister of international affairs.
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