Africa | African Economy | Agriculture Sector Tanzania | Bank of Tanzania | Central Bank Rate | GDP growth
Tanzania projects 6.1% GDP growth as agriculture and mining support recovery
Tanzania is projecting a stable economic outlook, with GDP expected to expand by 6.1% in the second quarter, slightly down from 6.2% recorded in the first quarter, amid moderate spillovers from global economic challenges. According to the Bank of Tanzania monetary policy statement for April, the projected growth will be supported by adequate rainfall boosting…