11 March 2009
Tanzanian President Jakaya Kikwete has called on Africa to send a "clear message" to next month's crucial meeting of the G20, the world's major economic powers, to help mitigate the effects of the global financial crisis on the continent.
Speaking at a conference in Dar es Salaam organized jointly by the Tanzanian government and the International Monetary Fund, Kikwete said the crisis posed "the greatest danger ever… in recent history" to African development. "[It] threatens to reverse or even wipe out the hard won socio-economic gains made by African countries over the past few decades."
Yet, he added, "Africa's voice on this unnerving situation has been muted… in different global initiatives and processes which have emerged to respond to the crisis…" He said the conference, which includes African finance ministers and central bank governors, business leaders, academics and members of civil society, offered a unique opportunity for Africa to express its voice.
He said it was important that Africa should avoid repeating the experience of the 1980s and early 1990s, "when after the second oil shock of late 1970s and world recession of early 1980s, many of our countries lost a decade-and-a-half of growth and experienced a reversal of some of the hard-earned gains in education, health, water and infrastructure development.
"We cannot afford to 'mark time' again. We need, ourselves together with our partners, to take measures that will help us stay the cause of steady economic growth and continue with investment in building capacity for further growth and attaining the Millennium Development Goals."
Kikwete added: "With the world economy at a crossroads, risks facing Sub-Saharan Africa have intensified. If the concerted efforts of policy makers around the globe fail to re-establish trust in the international financial system, the world economy risks a deeper and more prolonged recession.
"Sub-Saharan African countries would suffer from steeper reduction in the external demand for its commodities, dwindling foreign exchange earnings and remittances, declining corporate profitability, incomes and aid flows. Consequently, growth in Sub-Saharan Africa may drop more sharply than envisaged, risking erosion of the gains painfully achieved."
Read the full text of Kikwete's speech
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thank you very much I want to share with you for this isues Tanzania we need more support from the part the world countries , and we thank s our President Jakaya Mlisho Kikwete for the morden of Management we promes our President to pray to God for them
Pastor Eliah Mauza p.o.box 3204 Dodoma Tanzania www.pmciministries.8mnet
" ... we need more support from the part the world countries .."
"support"? IMF, World Bank, EU countries and USA smile in predatory appreciation.
Where does that cop-out come from?
Do Africans need "support" from the predators who critically depend on Africa's resources and markets and desperately want Africans and wealthy Africa bound to them in dependent victimization?
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What "support" would a predator accord its victims? Would an gun-totting antelope-hunter assist the antelopes in developing their bullet-proof wear? Would a lion support the zebra in developing nail-studded hoofs or skins that are resistant… [Read Full Text]
Lifeway Ministries Churches International .. Take a Missions Team Church planting - Tanzania prepare for Conference of the Pastors and wifes in Dodoma then we have the trip for church planting in Tanzania , this mission team we begain /planing from 6 to 9Augost 2009 we have 5 areas strong for church planting , 1]prepare for Conference of the Pastors and wifes in Dodoma 2] in kiteto Manyara Region mission , to preach and teaching the gospel and to complete the church Building there 3] Haydom Manyara Region , this ares were going to preach the gospel and we plan… [Read Full Text]
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