World Bank estimates Tz economy to grow by 2.5%, while CCM campaign gimmick states 5.5%

World Bank estimates Tz economy to grow by 2.5%, while CCM campaign gimmick states 5.5%

Don YF

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UPDATE 1-Tanzania raises 2020 growth forecast to 5.5% from 4% -finance minister

Nuzulack Dausen

DAR ES SALAAM, June 11 (Reuters) - Tanzania now expects its economy to grow by 5.5% in 2020 compared with a previous estimate of 4%, finance minister Philip Mpango said on Thursday, after the government took steps to mitigate the economic impact of coronavirus.

THE FACTS BY WORLD BANK
The projections are rosier than the World Bank’s, which said it expected GDP growth to drop to 2.5% in 2020 from 6.9% last year, citing the impact of the pandemic.

“International travel bans and caution against contracting the virus have severely hurt the tourism sector,” the bank said.

My take: Where is Tanzania getting 5.5%, which sectors ju their main ones like tourism and other exports ziko affected by covid19. Even juzi I watched eti Kenya will also grow by 5% this year than 2% that was projected earlier! I doubt any of these.

Kwanza Tanzania, where CCM govt banned independent research bodies from projecting economic data, ni CCM wanafanya na ni hao wanapeana. The reason it is contradicting the world banks projection.😂😂😂😂 Tanzania iko na economy uchwara!, they cannot substiantiate.
 
Umeandika other exports ziko affected utafikiri hujasikia habari za gold.
IMG_20200712_225235_477.JPG
 
AFDB picked from your only available source; ccm govt's controlled statistics body. World bank are more accurate. In several reports after indicating 5.5% wanasema ni estimation za |Tz govt.
Endelea kuandika ujinga wako ili ujifariji uzuri kelele zako za chura haziwezi kumnyima tembo kunywa maji,

Ndio ishakuwa hivo na hakuna kitu utafanya [emoji23][emoji23][emoji23]

Au unadhani AFDB ni wakumbaf kama wewe!
 
Mnaipinga hii world bank imewaweka middle income?? 😂😂😂 Mnataka mtangaziwe mazuri ila mabaya tuyafumbie macho.
Wewe nyang'au wivu umekujaa.
Endelea kuandika ujinga wako ili ujifariji uzuri kelele zako za chura haziwezi kumnyima tembo kunywa maji,

Ndio ishakuwa hivo na hakuna kitu utafanya [emoji23][emoji23][emoji23]

Au unadhani AFDB ni wakumbaf kama wewe!
AfDB predicted!
Bure kabisa
 
Endea kusikiliza hotuba za Mutahi Kagwe. Anybody can gerrit! Achana na uchumi wa Tanzania.
 
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Endelea kuandika ujinga wako ili ujifariji uzuri kelele zako za chura haziwezi kumnyima tembo kunywa maji,

Ndio ishakuwa hivo na hakuna kitu utafanya [emoji23][emoji23][emoji23]

Au unadhani AFDB ni wakumbaf kama wewe!
So your limited reasoning inakuambia AFDB wako accurate? AGDB give projections as par available data from specific governments. World bank, ambao waliwa declare eti nyie mko lower middle income na mkakubali, at least based on their previous estimates which they had factored in several economic activities without considering covid19, they can revise and give projection according to prevailing circumstances and how they have affected the various sections of the economy, which was giving a previous projection. So if they project 2.5% they are somewhat correct, may not be 100% accurate but their estimation is reasonable, and can easily be substantiated. If you accepted their estimation eti mko lower middle income mbona mkane hii a 2.5% growth? wanafiki ninyi!😂😂😂😂😂
 
Yosef Festo, Good news yoyote kutoka Tz mnahara.

Kwamba leo hii AFDB wanaotoa mikopo kwa ajili ya failed state kenya leo hawako accurate kwa sababu tu wametoa ripoti nzuri kuhusu Tz!


The Board of Directors of the African Development Bank today approved an €188 million loan to support the Government of Kenya’s efforts to respond to the COVID-19 pandemic and mitigate the related economic, health and social impacts.

The loan will extend additional resources to Kenya as the country takes steps to contain the spread of the pandemic and deal with its unprecedented impact. It follows a request by the Government of Kenya, as part of its COVID-19 Emergency Response intervention, to help contain the scourge.

The Bank’s support will strengthen the national health system to effectively respond to the pandemic, build economic resilience and ensure quick recovery. The Bank’s intervention will also be used to support the poor and vulnerable people who have been negatively affected by the pandemic.

“We are very pleased to join other development partners in supporting the Government of Kenya’s efforts in mitigating the financial impact of the pandemic, especially in terms of the country’s expenditure in the health, social and economic sectors. The next step will focus on helping build resilience for post COVID-19,” the Bank’s Acting Director General for East Africa, Nnenna Nwabufo, noted.

Since Kenya’s first COVID-19 infection was confirmed on 12 March 2020, cases have risen to over 1,000, while the number of recoveries and deaths are 375 and 50, respectively, as of 22 May 2020. The pandemic is placing significant pressure on an already stretched healthcare system. It has disrupted supply chains and caused job losses in the tourism, hospitality, horticulture and airline industries, among others.

In addition, informal and self-employed workers have also lost their livelihoods due to the impact of the pandemic.

The government’s response to the pandemic has been swift and multi-faceted, covering a range of measures including health-related containment measures, protection of the poor and vulnerable, provision of support to local businesses and to sustaining jobs. The Bank’s intervention, through the COVID-19 Emergency Response Support Program, is designed to support these measures.

As a result of demand and supply shocks, Kenya’s real GDP growth is projected to fall to between 0.6 and 1.4 percent from the initial 2020 projection of 6 percent.

In April, the Bank extended an emergency grant to help countries in the East and Horn of Africa, including Kenya, that are contending with swarms of locusts that are threatening food security. Kenya is facing its worst swarms in 70 years.


Wanjohi wa mashati alivyo kurupuka kuwafungia ndani alidhani sifa!

Yaani ni 5.2% Tanzania mara dufu kuzidi ya 1.4% kenya na hakuna kitu utafanya.
 
...Wanjohi wa mashati alivyo kurupuka kuwafungia ndani alidhani sifa!

Yaani ni 5.2% Tz Mara dufu kuzidi ya 1.4% kenya,

Hayo ndio matokeo sasa na hakuna kitu utafanya.
Yaani wanasiasa wao wanawala hivi hivi huku wanajiona.
 
Good news yoyote kutoka Tz mnahara,

Kwamba leo hii AFDB wanaotoa mikopo kwa ajili ya failed state kenya leo hawako accurate kwa sababu tu wametoa ripoti nzuri kuhusu Tz!
Kenya: €188m African Development Bank loan to boost COVID-19 response

Wanjohi wa mashati alivyo kurupuka kuwafungia ndani alidhani sifa!

Yaani ni 5.2% Tanzania mara dufu kuzidi ya 1.4% kenya na hakuna kitu utafanya.
Umechanganyikiwa, akili finyu kweli. Hauelewi chochote, ni ushabiki bila fikra. Alamsiki.
 
"So your limited reasoning inakuambia AFDB wako accurate?" naona umeanza kukana maneno yako,

Wakitoa mikopo na kuandika mazuri kuhusu kenya wako sahihi!

Wakiandika mazuri kuhusu Tanzania hawako sahihi! According to kunyan.
Hatujasema tunawapinga, we are putting the facts straight. Hao wanapata data/info/report from specific government or other media outlets. Mimi nimeweka mtazamo wa World Bank, wewe observe and make your personal judgment, hapa hakuna mjadala, ni observation tu.
Ningekuwa na akili finyu nadhani ningekuwa naandika ujinga kama wewe.
Umechanganyikiwa, akili finyu kweli. Hauelewi chochote, ni ushabiki bila fikra. Alamsiki.
 
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