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    Daily News Tanzania: Dar Seeks Transparent Expenditure of Gas Resources Earnings

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Summary

Tanzania's Deputy Finance Minister, Adam Malima, has said that a draft law is being prepared to ensure transparency in the growing gas industry

by: Erica Mills

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Press Notes, Africa

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Daily News Tanzania: Dar Seeks Transparent Expenditure of Gas Resources Earnings

The government will put in place transparent procedures on how to make decisions on expenditure of earnings from natural gas resources, including investing in sovereign wealth fund, the Parliament was told.

Deputy Finance Minister, Mr Adam Malima, said in Parliament yesterday that the government will put in place the said procedures in a legal framework to govern exploitation of resources which is currently being prepared.

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