Fri, 19 March 2010
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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
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 www.pentrust.org is a bit outdated but shows all of our projects.
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