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

[Cicero]

DAR ES SALAAM (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.

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.

SOURCE: https://af.reuters.com/article/investingNews/idAFKCN1RM0VP-OZABS

 

[warthog gun]

Let us go! Mpaka akili itakapo tukaa sawa.

 

[Cicero]

Let us go! Mpaka akili itakapo tukaa sawa.

Uchumi unakua kwa kasi wewe sijui unaishi nchi gani 😅

 

[warthog gun]

Uchumi unakua kwa kasi wewe sijui unaishi nchi gani [emoji28]

Sijakuelewa sijui unanisanifu maana hao IMF wamesema wameminya funding kwa asilimia 4 na wamesema uchumi unategemewa kukua kwa asilimia 4 mwaka huu na kuendelea kukua kwa kujikongoja kwa asilimia 4.2 mwakani na mfumuko wa bei utapanda kwa asilimia 3.5 na kuendelea......

Sasa wewe unasema uchumi unakua ina maana mnatudanganyaga mnaposemaga uchumi unakua kwa asilimia 6.7 mpaka saba?

 

[Bensoy]

What so ever ukue usikue maana hata walipokuwa wanajigamba kuukuza uchumi kwa asilimia 7 sikuwahi kuona faida zake kwa mtu mmoja mmoja. Ata ukue kwa asilimia ziro mambo yale yale

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