Development minister suspends Tanzanian aid

5th July 2009, Comments 2 comments

Development Minister Bert Koenders has suspended financial aid to Tanzania. In a letter to the Lower House, he explains that Tanzania is an unreliable partner for foreign investors.

The Hague - Development Minister Bert Koenders has suspended financial aid to Tanzania. In a letter to the Lower House, he explains that Tanzania is an unreliable partner for foreign investors.

Koenders took the decision after a Dutch entrepreneur lost his investment.

The letter does not name the entrepreneur or explain the details of the case, but the minister says enough is enough.

It is not clear how much money Tanzania will miss out on as a result of the decision.

Radio Netherlands / Expatica

2 Comments To This Article

  • Aaorn posted:

    on 16th May 2011, 14:38:54 - Reply

    I am tanzanian am glad with the news..I think our Goverment needs to cut expensens, Like The V8 Land Cruiser..running them a month can do more than school fees..is just that school fees and all that you mention is not our priority....simple fact!
  • Andrea posted:

    on 6th July 2009, 17:37:07 - Reply

    Sad news - not sure of the details with the Dutch investor but I have a few kids that need school fees, a school that needs to be built, orphans that need to be fed and cooperatives that needs seeds for their crops - let me know if yo can help with any of those. www.pentrust.org is a bit outdated but shows all of our projects.