rauhiyasalum38 rauhiyasalum38
  • 24-05-2021
  • Social Studies
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Briefly explain importance of financial institution for the economic development of Tanzania​

Respuesta :

HIIIIIIIII13
HIIIIIIIII13 HIIIIIIIII13
  • 24-05-2021

Answer:

Financial sector plays an indispensable role in the overall development of a country. The financial institutions have traditionally been the major source of long-term funds for the economy. These institutions provide a variety of financial products and services to fulfil the varied needs of the commercial sector.

Explanation:

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