Dar es Salaam, Sept. 29 -- THE United Nations Capital Development Fund (UNCDF) has described Tanzania's entry into middle-income economy as an outstanding example of knowledge and technical support in catalysing local development investment.

The global body said it was worth for other least developed countries to emulate if they wish to graduate from poverty through promotion of inclusive economic development.

"Tanzania's attainment of middle-income economy status has amplified conversation around sustainable and inclusive growth," said Mr Peter Malika, the Head of UNCDF.

Mr Malika was speaking in Dar es Salaam during the launch of a UNCDF report on investment and technical capacity towards local economic development recently.

He said...