Gold prices cushion Dar economy from oil shock, says IMF

DAR ES SALAAM: SURGING gold prices are helping Tanzania cushion the impact of rising oil costs from the Middle East conflict, with the International Monetary Fund (IMF) projecting the current account deficit will remain below three per cent despite mounting external pressures. That assessment by the IMF captures the country’s growing ability to absorb external … The post Gold prices cushion Dar economy from oil shock, says IMF first appeared on Daily News . The post Gold prices cushion Dar economy from oil shock, says IMF appeared first on Daily News .

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