Bloomberg News

World Bank Approves Tanzania Country Assistance Strategy

June 08, 2011

June 8 (Bloomberg) -- The World Bank approved a country assistance strategy for Tanzania, which may see the East African country receive $ 2.8 billion in concessional assistance.

The money would be received between 2012 and 2015, according to a statement e-mailed today from the Bank’s Dar es Salaam field office.

The World Bank approved $27.88 million to support Tanzania’s energy development and expansion of access, it said in a separate e-mailed statement.

To contact the reporter on this story: David Malingha Doya in Dar es Salaam at dmalingha@bloomberg.net

To contact the editor responsible for this story: Ana Monteiro at amonteiro4@bloomberg.net


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