thecitizen.co.tz·4 min read·medium

How new edible oil strategy aims to lower Sh500.6 billion import bill

L
Louis Kolumbia
How new edible oil strategy aims to lower Sh500.6 billion import bill
AI Summary

The Tanzanian government has launched a 10-year National Edible Oil Strategy to reduce reliance on imports and achieve self-sufficiency by 2035. The plan focuses on increasing domestic production of sunflower and oil palm to save over $200 million in annual foreign exchange costs.

Dodoma. The government yesterday unveiled an ambitious 10-year strategy aimed at ending Tanzania’s heavy reliance on imported edible oil, a move expected to save about $200 million (Sh500.6 billion) in foreign exchange annually.

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