Tanzania Aims For $500m Economic Boost Through Digital Payments

Tanzania Aims For $500m Economic Boost Through Digital Payments

Forbes

Tanzania's economy could be boosted by nearly $500-million using digital payments instead of cash, according to a new United Nations study. By digitizing Value Added Tax (VAT) payments, Tanzania could increase its tax revenue by $477-million a year, the UN-based Better Than Cash Alliance has found. Tanzania has a GDP of $47-billion [...]

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