Mwinyi meets with heads of financial institutions

ZANZIBAR: ZANZIBAR President Dr Hussein Mwinyi held a closed-door meeting with representatives from financial institutions during the weekend aiming at strengthening the existing good relations.

According to a brief press statement from the Isles State House, Dr Mwinyi met senior officials from financial institutions including banks, and that the rare meeting aimed to further strengthen relations.

“It was relatively a closeddoor meeting, therefore no details at this stage,” Mr Charles Hillary, Zanzibar Government spokesperson said after the meeting.

Since he took Zanzibar’s reins in 2020 President Mwinyi has been cultivating good relations with many local and international financial institutions, with most of them injecting funds or support to the islands’ development programmes.

However, last Saturday’s meeting comes after Dr Mwinyi promised to spare no efforts in finding solutions to the rising cost of living and the demand for foreign currency, especially the US dollars for Muslims planning for this year’s Pilgrimage to Mecca, Saudi Arabia.

At different occasions this week, Dr Mwinyi promised that his government will ensure the foreign currency needed for Zanzibaris planning for pilgrimage this year is availed to them and for importers of essential foods.

Meanwhile, Dr Mwinyi, last Thursday, held a meeting with the CRDB top management led by its Chief Executive Officer (CEO) Mr Abdulmajid Nsekela at the Zanzibar State House.

The meeting also involved the Zanzibar Minister responsible for finance and planning, Dr Saada Mkuya Salum, and different directors from government institutions such as e-Government, Zanzibar Airports Authority (ZAA), , and the Presidential Delivery Bureau (PDB).