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Ex-Premier urges wise use of gas finds

Discussion in 'Jukwaa la Siasa' started by nngu007, Jun 27, 2012.

  1. nngu007

    nngu007 JF-Expert Member

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    Jun 27, 2012
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    Wed, Jun 27th, 2012
    Tanzania |



    Former Prime Minister Edward Lowassa has urged the government to use discovered natural gas reserves as collateral to borrow money and put up industries to address unemployment.

    [​IMG]
    Former Prime Minister Mr Edward Lowassa


    Mr Lowassa, who is currently the Chair of the Parliamentary Committee on Foreign Affairs, Security and Defence, reiterated that the growing army of unemployed youth "is a time bomb" "Unemployment is on the rise and alarming, efforts must be made to address it," the Monduli MP through CCM said.


    The former premier made the remarks in
    Dar es Salaam on Tuesday at the Julius Nyerere International Airport VIP lounge, shortly before leaving for an official visit abroad.


    "I have been told that our gas reserves are worth about 6 trillion US dollars, we could get loans against the reserves and pump it into industries that would create jobs for the population," he explained.


    By ALVAR MWAKYUSA
    , Tanzania Daily News
     
  2. nngu007

    nngu007 JF-Expert Member

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    Oh, Gas ya Tanzania worth about 6 trillion US Dollars; Ndio Maana Budget yote ni ya Mkopo sababu ni rahisi kupata

    Mikopo sasa sababu ya GAS, Unamsikia Lowassa tukope tu GAS iwe collateral; na nadhani tulizifanyia GOLD hivyo hivyo

    Wanaokuja kuumia ni Watoto na Vijukuu Vyetu; Nchi itakuwa imeuzwa
     
  3. P

    Precise Pangolin JF-Expert Member

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    Hii mijamaa Inapenda mikopo mwishoni ikimaliza kuweka collateral kila kitu itaanza kukopa mpaka finca
     
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