Experts chart Dar engagement with Brics

Daily News
Dar in dire need of health experts
Daily News
TANZANIA is in dire need of more health experts to expedite national efforts aimed at combating diseases, both communicable and non-communicable. Speaking during a familiarisation tour at the US National Institutes of Health (NIH) on Saturday, President ...
Tanzanian President declared icon ofCoastweek

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Tanzania faces a new debt crisis unless the government moves fast to contain its current borrowing appetite, which has seen national liabilities more than double in less than 10 years, economists and development experts have warned.

More than 50 experts from various sectors involved in conservation efforts and timber trade are meeting in the city for two days beginning today for the 2nd Annual East Africa Timber Trade Stakeholders Forum.

The government is seeking South African engineering experts to demolish a 16-storey building in the city that was condemned last year.

The Brics group of emerging economies launches its New Development Bank in Shanghai, seen as a rival to the World Bank and IMF.

The launch last week of a development bank and an emergency reserve fund by the Brics -- Brazil, Russia, India, China and South Africa -- appears to be a concrete attempt to address inequities created by European and American dominance at the World Bank and the IMF.

The so-called BRICS countries - Brazil, Russia, India, China and South Africa - agree to create a $100bn development bank and emergency fund.

The Brics group of emerging giants is expected to sign a deal next week to open its own development bank by 2016, Russia’s finance minister said yesterday.

Indian Prime Minister Narendra Modi headed to Brazil yesterday for a meeting of the Brics group of emerging powers, hoping to seal the long-discussed deal to open a new development bank.