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Aid delays in graft row threaten Dar outlook - IMF

DAR ES SALAAM: Delays in aid disbursements over graft allegations in the energy sector and revenue shortfalls risk undermining Tanzania’s sturdy economic growth, the International Monetary Fund (IMF) said on Thursday.

The IMF said Tanzanian growth was expected to be seven per cent this year with inflation in mid-single digits, in line with a government target of 5 percent by June. Inflation was 4.8 per cent in December.

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