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International News
Sweden to Give $160 Million in Aid to Tanzania

October 19, 2006

The Swedish government's aid agency, SIDA, announced Tuesday it will give 1.2 billion kronor ($160 million US) in financial support to Tanzania over the next three years to help the country fight poverty. The money will be targeted for improving economic growth, education and health care, as well as fighting the spread of HIV/AIDS, SIDA said in a statement. Torbjorn Pettersson, director of aid at Sweden's embassy in Dar es Salaam, said Tanzania has shown in the past that it can use grant money to effectively help spur economic growth and improve health care and education. "This type of support creates concrete and long-term sustainable results for the people of Tanzania," Pettersson said.

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Excerpted from:
Associated Press

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