Tanzania: Govt Abandons Gold Sale Plan

Tanzania: Govt Abandons Gold Sale Plan

[Daily News] Dodoma -- PRIME Minister Dr Mwigulu Nchemba has said the government has not sold any of the gold acquired by the Bank of Tanzania (BoT) as part of the country's foreign exchange reserves, explaining that plans to do so were shelved after international prices declined, making such a move economically unviable.

Originally published by AllAfrica.

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