Banki Kuu yaanika ukuaji wa Tanzania kuwa 5.2% kinyume na takwimu za serikali

Geoffrey Eng Atkinson said:

Kusema kweli tangia nianze kuskia kenya ndo nchi yenye uchumi mkubwa East and centrak africa mpaka leo sjawahi elewa huo uchumi unaongelewa unatokea wap: naona tu wamejazana uku Arusha na magari yao wakiungana na warwanda, wa burundi na watu wa zambia na tunaishi nao wote vizuri wengine wameoana na wana familia, sasa sjajua kwann wanaacha uchumi mkubwa nchini kwao wanakuja kwetu, na cha ajab zaidi tajiri mkubwa east and central Africa anatokea Tanzania na wala sio kwenye hio nchi yenye uchumi mkubwa: nchi zingine unakuta uchumi unaendana na wananchi, USA mabilionea wako wengi sana, china ndo uspime na ndo nchi zenye uchumi mkubwa duniani lakini kwa kenya naona tu video kama izi


tuambieni hio nguvu yenu ya uchumi inatokea wapi: wanaume wa nairobi wanajuana kwann wanaachika na wanawake wao: wenzenu wanajiita uchumi mkubwa ukiangalia wananchi nao wana hela nzito, take a look at USA, CHINA, INDIA bila kusema ripoti zmechakachuliwa unaona kabisa wananchi wana hela ambayo sio ya kwaida: so far the only Billionaire anatokea Tz wa east africa: this is real money sio ela za kupika:

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MK254 said:

Hii ni taasisi ya pili kushusha takwimu za ukuaji wa kiuchumi Tanzania, IMF waliposema wakaishia kufokewa sana na kuitwa mabeberu, sasa World Bank nao wamesema, ile timu povu iandae bundle maana kazi mnayo ya kuanza kung'aka na kuwatukana hawa pia.
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Tanzania’s economy expanded 5.2 percent in 2018, the World Bank said on Thursday, the second major report this year from a multilateral financial institution contradicting rosier government figures.
Tanzania’s finance minister had told parliament last month that growth was 7 percent last year
In a report, the World Bank, which makes its calculations based on state data, also forecast 2019 growth at 5.4 percent - again lower than the government’s estimate of 7.1 percent.
Last year’s growth was affected by a decline in investment, exports and private lending, the report said.

“Data related to consumption, investment and net trade suggest that growth softened in 2018,” it said.
President John Magufuli embarked on an ambitious programme of industrialisation after coming to power in 2015, investing billions of dollars into infrastructure, including a new rail line, reviving the national carrier and a hydropower plant.
But government interventions in mining and agriculture have led to declining investment in east Africa’s third largest economy.
Foreign direct investment has more than halved since 2013, while private sector lending growth plummeted to less than 4 percent in 2018, far below the 20 percent average between 2013-16.
The World Bank report follows an unpublished International Monetary Fund (IMF) report in April that also raised questions over Magufuli’s handling of the economy.
Leaked version
A leaked version of the report, seen by Reuters, accused the government of undermining the economy with “unpredictable and interventionist” policies, saying medium-term growth would be around 4-5 percent, again below official forecasts.
In its report, the World Bank said investment growth was subdued partly because of government struggles to meet spending targets in development projects.

The economy could grow to 6 percent by 2021 “with a modest improvement of the business climate and a pick-up in [foreign direct investment] and other private investment,” the bank said.
Other economic indicators also point to a slowing economy.
The current account deficit widened to 5.2 percent of GDP in the year ending January 2019, up from 3.2 percent a year earlier, the bank said.
The value of exports dropped nearly 4 percent last year, partly because the government banned cashew exports, a major foreign exchange earner, due to low prices.
Standard gauge railway
On the other hand, the construction of the standard gauge railway and expansion of Dar es Salaam port helped drive up the value of imports by 7.8 percent, the World Bank said.
The government should minimise economic risk by improving the business environment and fiscal management, it recommended.

Globally, Tanzania is also vulnerable to weaker demand, tighter financing conditions, and higher international energy prices, it said.

World Bank contradicts Tanzania's growth estimates

Tanzania had put the growth at 7 percent

www.businessdailyafrica.com

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MK254 said:

Hii ni taasisi ya pili kushusha takwimu za ukuaji wa kiuchumi Tanzania, IMF waliposema wakaishia kufokewa sana na kuitwa mabeberu, sasa World Bank nao wamesema, ile timu povu iandae bundle maana kazi mnayo ya kuanza kung'aka na kuwatukana hawa pia.
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Tanzania’s economy expanded 5.2 percent in 2018, the World Bank said on Thursday, the second major report this year from a multilateral financial institution contradicting rosier government figures.
Tanzania’s finance minister had told parliament last month that growth was 7 percent last year
In a report, the World Bank, which makes its calculations based on state data, also forecast 2019 growth at 5.4 percent - again lower than the government’s estimate of 7.1 percent.
Last year’s growth was affected by a decline in investment, exports and private lending, the report said.

“Data related to consumption, investment and net trade suggest that growth softened in 2018,” it said.
President John Magufuli embarked on an ambitious programme of industrialisation after coming to power in 2015, investing billions of dollars into infrastructure, including a new rail line, reviving the national carrier and a hydropower plant.
But government interventions in mining and agriculture have led to declining investment in east Africa’s third largest economy.
Foreign direct investment has more than halved since 2013, while private sector lending growth plummeted to less than 4 percent in 2018, far below the 20 percent average between 2013-16.
The World Bank report follows an unpublished International Monetary Fund (IMF) report in April that also raised questions over Magufuli’s handling of the economy.
Leaked version
A leaked version of the report, seen by Reuters, accused the government of undermining the economy with “unpredictable and interventionist” policies, saying medium-term growth would be around 4-5 percent, again below official forecasts.
In its report, the World Bank said investment growth was subdued partly because of government struggles to meet spending targets in development projects.

The economy could grow to 6 percent by 2021 “with a modest improvement of the business climate and a pick-up in [foreign direct investment] and other private investment,” the bank said.
Other economic indicators also point to a slowing economy.
The current account deficit widened to 5.2 percent of GDP in the year ending January 2019, up from 3.2 percent a year earlier, the bank said.
The value of exports dropped nearly 4 percent last year, partly because the government banned cashew exports, a major foreign exchange earner, due to low prices.
Standard gauge railway
On the other hand, the construction of the standard gauge railway and expansion of Dar es Salaam port helped drive up the value of imports by 7.8 percent, the World Bank said.
The government should minimise economic risk by improving the business environment and fiscal management, it recommended.

Globally, Tanzania is also vulnerable to weaker demand, tighter financing conditions, and higher international energy prices, it said.

World Bank contradicts Tanzania's growth estimates

Tanzania had put the growth at 7 percent

www.businessdailyafrica.com

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Ummayed said:

Mkuu atakaekujibu mchawi.

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Ummayed said:

Kwanza Tz ni Second economy in EAC sio third umekosea

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Geoffrey Eng Atkinson said:

Not sure why kenyans have troubles with tanzania economy but here is my take down: first of all hio sio official document ya world bank hio ni blog ya bussinessdaily ambayo inamilikiwa na mtu wa kenya: nmeangalia kwenye web ya world bank summary kuhusu Tanzania sjaona anywhere kama hio site inavosema https://www.worldbank.org/en/country/tanzania/overview#2 you can check the overview apa: another thing there is a known secret about these reports znazotolewa na IMF na WORLD BANK: most of them arent true, the only true report we can accept is for ourselves to look at our true lives: are we according to how the reports explains??? for example: you as a citizen are you moving same speed as how your country is developing na hizo report? There was a time back kulikua na report inasema the kenyan shilling is over valued nakumbuka it was discussed here and it was the official report ya IMF: but are all these true? are you really the biggest economy in east and central africa in a way some of your citizens die of hunger: thats what magufuli has been fighting for: you can see this when the president of IMF was called at the state house and he brought a different approach to the report: so the only report we have to take into consideration is within our true self, i have been to nairobi alot of times and i cant compare it to Tanzania anyhow: life in Nairobi is a living hell, most people cant afford that life, kwa wale wanaokaaa Arusha understand how many kenyans wamevamia uku arusha: its like kenyans have made arusha there homeplace, not only are the citizens of kenya alone, including Rwanda, Burundi, and zambia: but kenyans wamechukua sehem kubwa sana , if its to explain to you even the cars za kenya zilizopo uku arusha its a whole new thread, i cant explain much but the citizens of kenya understand the real situation of there life there.. isnt wise to have a battle who is better than the other as something to discuss each now and then, i think the citizens should battle on how they should move forward together, i have friends in Nairobi who we work together on a joint venture and that has been the best of us since we started the song of east african's as common, this isnt the right way for the citizens to interact

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Kevin85ify said:

Your words sounded sensible at first but they are equally as reprehensible as those of your compatriots.
a) Kenya is the biggest economy in the region, even with the hunger of some Kenyans
b)More Kenyans have more disposable income than Tanzanians, you can tell by consumption data and the number of multinational fast food chains opening in Kenya. Combine that with the malls it all points to a growing middle class with money to spend.
c) Kenyans are naturally risk takers that is why even in Liberia you will find a kenyan owning a butchery or farm.
d) On interaction, Tanzania has never been a faithful member of the eac, it all started in 1965 with the fear mongering of Julius Nyerere, to the point that Tanzania single handedly broke the east african community. Tanzanians on this forum do not leave much to be desired either, constantly celebrating anything bad in Kenya including Terror Attacks.I can say ever since i joined this forum, my views on Tanzanians has changed for the worst. Previously i used to think of you guys as polite cultured, not anymore and most Kenyans feel the same way. Tit for tat is a fair game.

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Geoffrey Eng Atkinson said:

Not sure why kenyans have troubles with tanzania economy but here is my take down: first of all hio sio official document ya world bank hio ni blog ya bussinessdaily ambayo inamilikiwa na mtu wa kenya: nmeangalia kwenye web ya world bank summary kuhusu Tanzania sjaona anywhere kama hio site inavosema https://www.worldbank.org/en/country/tanzania/overview#2 you can check the overview apa: another thing there is a known secret about these reports znazotolewa na IMF na WORLD BANK: most of them arent true, the only true report we can accept is for ourselves to look at our true lives: are we according to how the reports explains??? for example: you as a citizen are you moving same speed as how your country is developing na hizo report? There was a time back kulikua na report inasema the kenyan shilling is over valued nakumbuka it was discussed here and it was the official report ya IMF: but are all these true? are you really the biggest economy in east and central africa in a way some of your citizens die of hunger: thats what magufuli has been fighting for: you can see this when the president of IMF was called at the state house and he brought a different approach to the report: so the only report we have to take into consideration is within our true self, i have been to nairobi alot of times and i cant compare it to Tanzania anyhow: life in Nairobi is a living hell, most people cant afford that life, kwa wale wanaokaaa Arusha understand how many kenyans wamevamia uku arusha: its like kenyans have made arusha there homeplace, not only are the citizens of kenya alone, including Rwanda, Burundi, and zambia: but kenyans wamechukua sehem kubwa sana , if its to explain to you even the cars za kenya zilizopo uku arusha its a whole new thread, i cant explain much but the citizens of kenya understand the real situation of there life there.. isnt wise to have a battle who is better than the other as something to discuss each now and then, i think the citizens should battle on how they should move forward together, i have friends in Nairobi who we work together on a joint venture and that has been the best of us since we started the song of east african's as common, this isnt the right way for the citizens to interact

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Geoffrey Eng Atkinson said:

Not sure why kenyans have troubles with tanzania economy but here is my take down: first of all hio sio official document ya world bank hio ni blog ya bussinessdaily ambayo inamilikiwa na mtu wa kenya: nmeangalia kwenye web ya world bank summary kuhusu Tanzania sjaona anywhere kama hio site inavosema https://www.worldbank.org/en/country/tanzania/overview#2 you can check the overview apa: another thing there is a known secret about these reports znazotolewa na IMF na WORLD BANK: most of them arent true, the only true report we can accept is for ourselves to look at our true lives: are we according to how the reports explains??? for example: you as a citizen are you moving same speed as how your country is developing na hizo report? There was a time back kulikua na report inasema the kenyan shilling is over valued nakumbuka it was discussed here and it was the official report ya IMF: but are all these true? are you really the biggest economy in east and central africa in a way some of your citizens die of hunger: thats what magufuli has been fighting for: you can see this when the president of IMF was called at the state house and he brought a different approach to the report: so the only report we have to take into consideration is within our true self, i have been to nairobi alot of times and i cant compare it to Tanzania anyhow: life in Nairobi is a living hell, most people cant afford that life, kwa wale wanaokaaa Arusha understand how many kenyans wamevamia uku arusha: its like kenyans have made arusha there homeplace, not only are the citizens of kenya alone, including Rwanda, Burundi, and zambia: but kenyans wamechukua sehem kubwa sana , if its to explain to you even the cars za kenya zilizopo uku arusha its a whole new thread, i cant explain much but the citizens of kenya understand the real situation of there life there.. isnt wise to have a battle who is better than the other as something to discuss each now and then, i think the citizens should battle on how they should move forward together, i have friends in Nairobi who we work together on a joint venture and that has been the best of us since we started the song of east african's as common, this isnt the right way for the citizens to interact

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Geoffrey Eng Atkinson said:

Not sure why kenyans have troubles with tanzania economy but here is my take down: first of all hio sio official document ya world bank hio ni blog ya bussinessdaily ambayo inamilikiwa na mtu wa kenya: nmeangalia kwenye web ya world bank summary kuhusu Tanzania sjaona anywhere kama hio site inavosema https://www.worldbank.org/en/country/tanzania/overview#2 you can check the overview apa: another thing there is a known secret about these reports znazotolewa na IMF na WORLD BANK: most of them arent true, the only true report we can accept is for ourselves to look at our true lives: are we according to how the reports explains??? for example: you as a citizen are you moving same speed as how your country is developing na hizo report? There was a time back kulikua na report inasema the kenyan shilling is over valued nakumbuka it was discussed here and it was the official report ya IMF: but are all these true? are you really the biggest economy in east and central africa in a way some of your citizens die of hunger: thats what magufuli has been fighting for: you can see this when the president of IMF was called at the state house and he brought a different approach to the report: so the only report we have to take into consideration is within our true self, i have been to nairobi alot of times and i cant compare it to Tanzania anyhow: life in Nairobi is a living hell, most people cant afford that life, kwa wale wanaokaaa Arusha understand how many kenyans wamevamia uku arusha: its like kenyans have made arusha there homeplace, not only are the citizens of kenya alone, including Rwanda, Burundi, and zambia: but kenyans wamechukua sehem kubwa sana , if its to explain to you even the cars za kenya zilizopo uku arusha its a whole new thread, i cant explain much but the citizens of kenya understand the real situation of there life there.. isnt wise to have a battle who is better than the other as something to discuss each now and then, i think the citizens should battle on how they should move forward together, i have friends in Nairobi who we work together on a joint venture and that has been the best of us since we started the song of east african's as common, this isnt the right way for the citizens to interact

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Mkikuyu- Akili timamu said:

I disagree with You, WB/IMF are always objective in their data..Tanzania debased GDP for 2018 in the process adding 4bn (or 7% to reach $61bn). Now the base year is 2018. Growth figures after a debasing always dip down especially in developing countries since its now being calculated from a bigger base.
The problem with those who are debating you is that they dont understand economic figures. They think IMF is a media outlet that gives it opinions from thin air. Thats why they celebrate when they see IMF saying their economy is at 88bn and then bash IMF for stating clearly that KSH is 17.5%-30% over valued.
IMF/WB policies are not always good, but their figures are almost always correct.
And for their wrongful projection of Tz economy growing at 4%, that is Just a projection not Fact..IMF projections unfortunately are almost always wrong especially in africa, Remember in the 1980's-90's they projected africa to grow if they adopt liberal market and privitatisation..For the most part, these polices gave birth to more poverty and national resources where siphoned to Europe

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MK254 said:

Ungezungumza kimoja ueleweke maana unachanganya mada, mara unaona magari mengi ya Wakenya Arusha, badala ya kushukuru maana hao ni wawekezaji, sio kama nyie mliotujazia ombaomba huku. Ningepata faraja ingekua nakumbana na magari ya Kitanzania Nairobi, ni wazi mtu mwenye gari lake anayekuja mpaka huku, kwa namna moja au kinyingine anatufaidi kiuchumi, lakini huku tumezoea kuwaona omba omba kutoka Tanzania na waganga kibao.

Halafu ulifaa ujibu taarifa kama zilivyo, iache Kenya, hizi sio taarifa za Kenya, kama haujaelewa kingereza, soma tena uone hapo imesema kwamba gazeti la Reuters ndilo limekuja na hizi taarifa baada ya kusoma ripoti ya Benku Kuu.
Hizi taarifa zimeandikwa na Reuters https://af.reuters.com/article/commoditiesNews/idAFL8N24H4PI
Zimeandikwa pia na Region Week https://regionweek.com/world-bank-report-contradicts-tanzanias-economic-growth-estimates/
Na hata zimechapishwa na Nasdaq https://www.nasdaq.com/article/tanz...fter-lower-world-bank-estimate-20190718-00551

Sasa badala mtumie muda wenu kujibu mapigo kwa sehemu husika mnaharibu bundles zenu kulekeza makelele Kenya, huwa mumechanganykiwa.
Hawa World Bank na IMF kuna kipindi walikua wanasifia sana ukuaji wenu na kipindi hicho mlikua mnakenua meno, sasa wamebadilisha wimbo kidogo mumepoteana.

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Geoffrey Eng Atkinson said:

The only country that has never been faithfull to the EAC is kenya: if you guys were faithfull its the same people who promoted MT. kilimanjaro is in kenya while you knew it belonged to your fellow EAC, its the same kenyans who had taken the selling title of tanzanite to the world while you knew its from Tz: so who isnt faithfull here?

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Papayo said:

If you took your time to do some research, you would not have come here to post a long post that would embarrass you..First did you know that World Bank was delivering its 12th Tanzania Economic Update today? I guess not coz if you knew, you would now been informed on the state of your economy.

Now take your sweet time and listen word by word on the what the Economic update is....What business daily reported is contained here below. Btw we have among the best Journalists in the world who report based on facts...I would have told you the exact time where you would hear the GDP figures,but that would be encouraging you to continue being lazy...…...It's somewhere between the 1st second and the 3rd hour....Over to you!

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Kevin85ify said:

even Ghanaian politicians used Nairobi skyline in their campaigns, we did not complain. Find below a link from research done by The University Of Nairobi" on how Tanzania led to the break up of eac.

Tanzania's National Interest and the Collapse of East African Community

erepository.uonbi.ac.ke

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Papayo said:

If you took your time to do some research, you would not have come here to post a long post that would embarrass you..First did you know that World Bank was delivering its 12th Tanzania Economic Update today? I guess not coz if you knew, you would now been informed on the state of your economy.

Now take your sweet time and listen word by word on what the Economic update is....What business daily reported is contained here below. Btw we have among the best Journalists in the world who report based on facts...I would have told you the exact time where you would hear the GDP figures,but that would be encouraging you to continue being lazy...…...It's somewhere between the 1st second and the 3rd hour....Over to you!

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Papayo said:

If you took your time to do some research, you would not have come here to post a long post that would embarrass you..First did you know that World Bank was delivering its 12th Tanzania Economic Update today? I guess not coz if you knew, you would now been informed on the state of your economy.

Now take your sweet time and listen word by word on what the Economic update is....What business daily reported is contained here below. Btw we have among the best Journalists in the world who report based on facts...I would have told you the exact time where you would hear the GDP figures,but that would be encouraging you to continue being lazy...…...It's somewhere between the 1st second and the 3rd hour....Over to you!

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MK254 said:

Ungezungumza kimoja ueleweke maana unachanganya mada, mara unaona magari mengi ya Wakenya Arusha, badala ya kushukuru maana hao ni wawekezaji, sio kama nyie mliotujazia ombaomba huku. Ningepata faraja ingekua nakumbana na magari ya Kitanzania Nairobi, ni wazi mtu mwenye gari lake anayekuja mpaka huku, kwa namna moja au kinyingine anatufaidi kiuchumi, lakini huku tumezoea kuwaona omba omba kutoka Tanzania na waganga kibao.

Halafu ulifaa ujibu taarifa kama zilivyo, iache Kenya, hizi sio taarifa za Kenya, kama haujaelewa kingereza, soma tena uone hapo imesema kwamba gazeti la Reuters ndilo limekuja na hizi taarifa baada ya kusoma ripoti ya Benku Kuu.
Hizi taarifa zimeandikwa na Reuters https://af.reuters.com/article/commoditiesNews/idAFL8N24H4PI
Zimeandikwa pia na Region Week https://regionweek.com/world-bank-report-contradicts-tanzanias-economic-growth-estimates/
Na hata zimechapishwa na Nasdaq https://www.nasdaq.com/article/tanz...fter-lower-world-bank-estimate-20190718-00551

Sasa badala mtumie muda wenu kujibu mapigo kwa sehemu husika mnaharibu bundles zenu kulekeza makelele Kenya, huwa mumechanganykiwa.
Hawa World Bank na IMF kuna kipindi walikua wanasifia sana ukuaji wenu na kipindi hicho mlikua mnakenua meno, sasa wamebadilisha wimbo kidogo mumepoteana.

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Mkikuyu- Akili timamu said:

I disagree with You, WB/IMF are always objective in their data..Tanzania debased GDP for 2018 in the process adding 4bn (or 7% to reach $61bn). Now the base year is 2018. Growth figures after a debasing always dip down especially in developing countries since its now being calculated from a bigger base.
The problem with those who are debating you is that they dont understand economic figures. They think IMF is a media outlet that gives it opinions from thin air. Thats why they celebrate when they see IMF saying their economy is at 88bn and then bash IMF for stating clearly that KSH is 17.5%-30% over valued.
IMF/WB policies are not always good, but their figures are almost always correct.
And for their wrongful projection of Tz economy growing at 4%, that is Just a projection not Fact..IMF projections unfortunately are almost always wrong especially in africa, Remember in the 1980's-90's they projected africa to grow if they adopt liberal market and privitatisation..For the most part, these polices gave birth to more poverty and national resources where siphoned to Europe

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Geoffrey Eng Atkinson said:

EV


Only strong leaders know that most of the informations from these organisations are always not correct and stand for whats right : i have never seen your president saying these reports are true or false and yet he understands the life of most kenyans, we have that courage to say this is true and this isnt true and that what makes Tanzania stand out: even your fellow kenyans are complaining about doing bussiness in kenya (take your time to listen to your celebs) and yet IMF reports are congratulating kenya economy, so who is having brains here?

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MK254 said:

Hehehe!! This video closes the whole argument.

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