Tanzania Secures World Bank Funding for Budget Support, Mining Project

The World Bank will provide

in budget support to Tanzania. The loan will boost government funding for infrastructure, basic social services, and financial management and budgetary delivery systems. A further

World Bank loan will be made available to encourage sustainable management practices in Tanzania's mineral sector. The project will boost the transparency of the mining sector's legal and regulatory framework. It will also help Tanzania execute the Extractive Industries Transparency Initiative.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.