• Mpendwa mteja, tunakusihi jitahidi kuosha mikono kwa maji safi na sabuni mara kwa mara na kwa siku chache hizi jaribu kutulia nyumbani kuepusha maambukizi ya #CORONAVIRUS

World Bank: Tanzania Economic Growth Remain Strong But Is Expected to Soften

Ufipa-Kinondoni

Ufipa-Kinondoni

JF-Expert Member
Joined
Jan 3, 2012
Messages
4,582
Points
2,000
Ufipa-Kinondoni

Ufipa-Kinondoni

JF-Expert Member
Joined Jan 3, 2012
4,582 2,000
OCTOBER 16, 2017.


The World Bank (WB) recently published its 16th edition of the Africa’s Pulse, a biannual analysis of African economies, confirming the robust growth of Tanzania. However, the GDP growth of Tanzania is expected to soften, partly due to the under-execution of fiscal plans.

On a regional scale, following a sharp slowdown over the past two years, a recovery is underway in Sub-Saharan Africa, the report indicates. GDP growth in Sub-Saharan Africa is expected to strengthen to 2.4% in 2017 from 1.3% in 2016, slightly below the pace previously projected. However, the recovery is challenged by the regional per capita output growth, forecasted to be negative for the second consecutive year. Investment growth also remains low, and productivity growth is falling. The slight rebound is being led by the region’s largest economies.

GDP growth is stable in non-resource intensive countries, among which Tanzania is included, supported by domestic demand. The World Bank currently forecasts an annual GDP growth rate for Tanzania of 7.1% for 2017, 2018 and 2019, and an average 6.2% between 2017 and 2026.

Tanzania Economic Growth Remain Strong But Is Expected to Soften - TanzaniaInvest
 
C

Chintu

JF-Expert Member
Joined
Feb 4, 2011
Messages
4,851
Points
2,000
C

Chintu

JF-Expert Member
Joined Feb 4, 2011
4,851 2,000
Hizi habari sio nzuri kwa chama chetu.
 

Forum statistics

Threads 1,405,606
Members 532,052
Posts 34,490,445
Top