ECONOMIC LIBERALIZATION WITH REFLECTION TO THE COMING ELECTION IN TANZANIA

By definition liberalization can be defined as the process of liberating the economy from various regulatory and control mechanisms of the state and of giving greater freedom to private enterprise. Economic liberalization entails reductions in tariffs and other measures that restrict trade. 

It has been noted that the countries economy is in the swing, the country experience unstable economy, and one of the reason for this problem is the tariffs that are being imposed to private sectors, business men and women have been denied their right to conduct free business that enhance the economical growth of the people that in turn will reflect the economy of the state,.

In reflection to the coming election this is among the major point that need to be addressed as far as the country need to be transformed to the middle economy. The question is who among the political candidates especially of the presidential seat will ensure this desirable goal of the people. 

There is a big need of liberalization to ensure flexibility in the operation of business organization, paving the way for globalization, aid local companies to compete with international companies at the international level, reducing cost of production and distribution and many other benefits that shall be manifested by this reality.