Tanzania's GDP: Hivi tunajua hili?

[Mugizi]

Nakubaliana kabisa na wale wanaosema kwamba GDP haiwezi kutoa picha halisi ya utajiri au umaskini katika nchi, na hasa kama nchi ni Tanzania ambapo sehemu kubwa ya uchumi wetu haiwi haionekani katika takwimu kutokana na ukubwa wa sekta isiyo rasmi huku kwetu. Kwa mawazo yangu kipimo tulicho nacho hapa kinachoweza kukaribia hali halisi ni Household Budget Survey (2001/2 and 2007/8 version found at National Bureau of Statistics Tanzania Official Website) kwa sababu hapa tunapima consumption na siyo production kwa hiyo hata sekta isiyo rasmi inazingatiwa.

Kwa maoni yangu wakati mwingine umaskini wetu unatokana na maamuzi tunayo ruhusu yachukuliwe na viongozi wetu. Nimeambatanisha presentation inayoelezea uchambuzi wa bajeti uliyofanyika katika sekta ya maji hivi karibuni nikijaribu kuelezea point yangu. Tukiendelea kupanga bajeti kila mwaka bila kufuala muelekeo unaoeleweka sijui kama tutafika kweli.

 

[Invisible]

A World Bank expert has expressed optimism that Tanzania's economy has shown clear signs of becoming robust and resilient over the past decade, thanks to efforts directed at sectoral diversification. World Bank chief Economist Shantayanan Devarajan told a press tele-conference over the weekend that Tanzania has successfully managed to diversify its economy away from over-concentration on primary farm products to investments in mining, manufacturing, telecommunications and infrastructure.

That partly explains why economic growth rate has maintained the pace of between 6 -7 percent since 2001, though consistent growth has been the norm since the country abolished its heritage of socialist planning in 1986.

"However, in 2006, real GDP growth slowed somewhat to 5.8 percent as a severe drought affected food security, energy supplies and the export sector".

Economic growth is expected to pick up again later to 6.7 percent, suspecting that mining, manufacturing and construction sector would show strong performance, bolstered by increased demand and improved electricity supplies.

"Stable macroeconomic environment should continue to attract foreign direct investment", he said.

Even though mining sector accounts for only 3 percent of the country's GDP, gold has become by far Tanzania's largest export commodity with a share of almost 50 percent of total export in 2006.

However, he sounded warning that Tanzania's economy was, for the time being, still largely focused on exporting primary products, and so was highly vulnerable to adverse weather conditions and world market price shocks.

Giving an overall continental economic picture, he said the continent has registered rapid growth by an average of 46 percent in the last decade up from 21 percent in the previous decade.

Equatorial Guinea has the highest GDP per capita of USD7,470 while Congo has the lowest USD91.

Devarajan said that for Tanzania is among the poorest countries and has a GDP per capita of USD 300 .

Source: The Guardian

 

[Mwanjelwa]

A World Bank expert has expressed optimism that Tanzania's economy has shown clear signs of becoming robust and resilient over the past decade, thanks to efforts directed at sectoral diversification. World Bank chief Economist Shantayanan Devarajan told a press tele-conference over the weekend that Tanzania has successfully managed to diversify its economy away from over-concentration on primary farm products to investments in mining, manufacturing, telecommunications and infrastructure.

That partly explains why economic growth rate has maintained the pace of between 6 -7 percent since 2001, though consistent growth has been the norm since the country abolished its heritage of socialist planning in 1986.

"However, in 2006, real GDP growth slowed somewhat to 5.8 percent as a severe drought affected food security, energy supplies and the export sector".

Economic growth is expected to pick up again later to 6.7 percent, suspecting that mining, manufacturing and construction sector would show strong performance, bolstered by increased demand and improved electricity supplies.

"Stable macroeconomic environment should continue to attract foreign direct investment", he said.

Even though mining sector accounts for only 3 percent of the country's GDP, gold has become by far Tanzania's largest export commodity with a share of almost 50 percent of total export in 2006.

However, he sounded warning that Tanzania's economy was, for the time being, still largely focused on exporting primary products, and so was highly vulnerable to adverse weather conditions and world market price shocks.

Giving an overall continental economic picture, he said the continent has registered rapid growth by an average of 46 percent in the last decade up from 21 percent in the previous decade.

Equatorial Guinea has the highest GDP per capita of USD7,470 while Congo has the lowest USD91.

Devarajan said that for Tanzania is among the poorest countries and has a GDP per capita of USD 300 .Source: The Guardian

The last sentence has it all! !