Battle: Dar es Salaam vs Nairobi

Battle: Dar es Salaam vs Nairobi

tuusan said:
Imf, wb,afdb wote wakizungumza kitu hicho hicho basi tujirekebishe tu hakuna namna,nakumbuka last yr tumekua kwa 6.8%

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Even that 6.8% was a subject of discussion as it contradicted world bank's figure of 5.2% which was your actual growth in 2018


This is part of what the article says

In July, the World Bank put Tanzania's 2018 growth at 5.2%.

The International Monetary Fund has also reported lower economic growth figures than the Tanzanian government this year.

Two internationally recognized bodies can't be wrong at the same on the same matter. Uchumi wenu mlipika! And this is the second time this is happening!
 
I trust IMF more
Nicxie said:
Even that 6.8% was a subject of discussion as it contradicted world bank's figure of 5.2% which was your actual growth in 2018


This is part of what the article says

In July, the World Bank put Tanzania's 2018 growth at 5.2%.

The International Monetary Fund has also reported lower economic growth figures than the Tanzanian government this year.

Two internationally recognized bodies can't be wrong at the same on the same matter. Uchumi wenu mlipika! And this is the second time this is happening!
Click to expand...
AFRICATECH

APRIL 10, 2019 / 11:02 AM / 9 MONTHS AGO

IMF cuts Tanzania's 2019 economic growth forecast to 4 percent

DAR ES SALAAM, April 10 (Reuters) - The International Monetary Fund lowered its forecast for Tanzania’s economic growth this year and in 2020 to around 4 percent from a previous forecast.

In its World Economic Outlook, released on Tuesday, the Fund also predicted the East African nation’s consumer price inflation will reach 3.5 percent this year and edge up to 4.5 percent in 2020.

Tanzania’s economy will expand at 4 percent this year then accelerate slightly to 4.2 percent next year, from an estimated 6.6 percent in 2018, the Fund said in its forecasts.

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In January last year, the IMF said it expected Tanzania’s economy to grow at 6–7 percent over the medium term if the country hiked capital spending and improved its business environment.

Tanzania relies heavily on mining, tourism and telecommunications for state revenues and foreign exchange earnings.

The government forecasts the economy will grow 7.3 percent in 2019 after an estimated 7.2 percent expansion last year, helped by public infrastructure investments. (Reporting by Fumbuka Ng’wanakilala; Editing by Elias Biryabarema and George Obulutsa,

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af.reuters.com

Reuters | Breaking International News & Views

Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.
af.reuters.com af.reuters.com
 
Teargass said:
I trust IMF moreAFRICATECH

APRIL 10, 2019 / 11:02 AM / 9 MONTHS AGO

IMF cuts Tanzania's 2019 economic growth forecast to 4 percent

DAR ES SALAAM, April 10 (Reuters) - The International Monetary Fund lowered its forecast for Tanzania’s economic growth this year and in 2020 to around 4 percent from a previous forecast.

In its World Economic Outlook, released on Tuesday, the Fund also predicted the East African nation’s consumer price inflation will reach 3.5 percent this year and edge up to 4.5 percent in 2020.

Tanzania’s economy will expand at 4 percent this year then accelerate slightly to 4.2 percent next year, from an estimated 6.6 percent in 2018, the Fund said in its forecasts.

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In January last year, the IMF said it expected Tanzania’s economy to grow at 6–7 percent over the medium term if the country hiked capital spending and improved its business environment.

Tanzania relies heavily on mining, tourism and telecommunications for state revenues and foreign exchange earnings.

The government forecasts the economy will grow 7.3 percent in 2019 after an estimated 7.2 percent expansion last year, helped by public infrastructure investments. (Reporting by Fumbuka Ng’wanakilala; Editing by Elias Biryabarema and George Obulutsa,

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af.reuters.com

Reuters | Breaking International News & Views

Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.
af.reuters.com af.reuters.com
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For this matter lemme trust GoT report
So from which ground the economic growth just declined from 6.6-4%? , I would like to hear it from Nicxie

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tuusan said:
For this matter lemme trust GoT report
So from which ground the economic growth just declined from 6.6-4%? , I would like to hear it from Nicxie

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I am not an economist to offer detailed and comprehensive explanation on this but these are things that do happen. There's a time Kenya's economy was growing at a mere 3.9%
 
Geza Ulole said:
hahah unamaanisha za mapambo LED bridge lighting? Next madaraka day Kunyaland wanaweza kuja kutulipa tuweke bendera yao instead ya kwenda all the way to Burj Khalifa! 😍😍😍😍

BTW waweke na height barrier protection pia! Maana Wapuuzi hawachelewi kuligonga na mizigo mirefu!
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Very good point you mentioned here.
 
Teargass said:
Nyumba za wazungu according Tanzanians. This is Karen, Nairobi.View attachment 1324054View attachment 1324055View attachment 1324056View attachment 1324057

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Karen is mostly occupied by wazungu. We all know that
iji.PNG
 
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