from the Daily News of Tanzania
The premier of Tanzania has invited academics to help poor countries to meet the Millennium Development Goals. - Kale
by GODFREY OBONYO
Premier Mizengo Pinda yesterday urged academicians and researchers to recommend the best macroeconomic policies that could assist least developed countries (LDCs) attain Millennium Development Goals (MDGs) by 2015.
“Poor policies are detrimental to financial development, economic growth and poverty reduction in the LDCs”, he said. The premier made the comments when addressing participants to a two-day international conference organised by the Institute of Finance Management (IFM) in Dar es Salaam to share development policy experiences.
He said that there were some countries in Sub-Saharan Africa and Asia that were likely not to attain the MDGs, due to abject poverty and diseases such as HIV/AIDS, Malaria and Tuberculosis. The conference brought together participants from seven countries in Africa, Asia and Europe.
Other issues threatening the attainment of MDGs are poor education and educational facilities, lack of health facilities, lack of clean and safe water, malnutrition, high infant mortality rate and corruption. ‘‘Research findings should promise availability of financial development, stable capital markets, continuous and stable economic growth to help policy makers come up with reliable and predictable macroeconomic policies to achieve the goals,’’ he said
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