DODOMA, Dec. 12 -- THE Executive Secretary of the National Planning Commission (NPC), Dr Fred Msemwa, has underscored the need for deploying innovative financing mechanisms including venture capital, strengthened startup ecosystems and enhanced private-sector participation as a key driver of Tanzanias inclusive economic transformation.

Dr Msemwa made the remarks in Dodoma yesterday during a meeting with the United Nations Development Programme (UNDP) Resident Representative, Mr Shigeki Komatsubara, who paid a courtesy call to explore potential areas of collaboration between NPC and UNDP.

He said that the government is currently undertaking fundamental policy and structural reforms to remove barriers to the implementation of DIRA 2050, w...