14.08.2012 - Tanzania plans sovereign wealth fund
The rationale behind Tanzania's plan to create a gas sovereign wealth Fund (SWF) to finance development projects in future has been praised by analysts. President Jakaya Kikwete said last week that his government was studying various models for managing revenues from gas production, adding that they were focusing on those with sovereign wealth funds. Analysts said that with revenues management and investments, it was important for the government to start entertaining the idea of a sovereign fund..............................................Full Article: Source
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