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    All Africa: Tanzania - Gas Economy to Boost Growth, Living Standards

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Summary

A researcher from the Centre for Global Development in Tanzania has said gas discoveries will boost the country's economy but should be tightly regulated

by: Erica Mills

Posted in:

Press Notes, Africa

All Africa: Tanzania - Gas Economy to Boost Growth, Living Standards

Gas discovery is expected to boost the growth of the country's gross domestic product (GDP) tremendously to the extent of enabling Tanzania to be among the middle income countries within the next ten years.

A senior researcher from the Centre for Global Development (CGD), Mr Mujobu Moyo, said controls and proper management of revenue from gas will foretell the future of the country.

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