Nipate

Forum => Kenya Discussion => Topic started by: RV Kirgit on July 10, 2020, 10:50:57 PM

Title: Magufuli nails COVID war and steadies TZ economy
Post by: RV Kirgit on July 10, 2020, 10:50:57 PM
Tanzania’s economy is forecast to grow at 5.2 percent this year, while six Eastern African countries’ economies are projected to plunge into recession, blaming the trend on the Covid-19 pandemic, a new report shows.

The new projection by the African Development Bank (AfDB) is lower than the 6.4 percent it projected before the pandemic. Tanzania’s growth will beat 12 other Eastern African countries in 2020, according to the report. The government predicts the economy will grow by 5.5 percent this year, while the World Bank projects it to slow to 2.5 percent.

The six countries which are projected to go into recession in 2020 are Seychelles (-10.5), Sudan (-7.2), Burundi (-5.2), Somalia (-3.3), Comoros (-1.2) and South Sudan (-0.4).

The other six countries will grow economically - but doing so at arelatively lower rate than Tanzania.

The countries (with their growth rate percentages in brackets) are Rwanda (4.2), Ethiopia (3.1), Uganda (2.5), Kenya (1.4), Djibouti (1) and Eritrea (0.3).


https://www.thecitizen.co.tz/news/-Tanzania--to-register-fastest-growth-economy-/1840340-5590990-ittey8z/index.html
Title: Re: Magufuli nails COVID war and steadies TZ economy
Post by: gout on July 11, 2020, 05:33:58 AM
Good, if Uhuru blows up the place I may get a Tanzanian wife.
Title: Re: Magufuli nails COVID war and steadies TZ economy
Post by: Kim Jong-Un's Pajama Pants on July 11, 2020, 06:04:31 PM
Nipate's own Tanzaphile :D.

Magufuli may just be lucky on the covid-19 question or Tz is just so off the grid we don't know what's really going on, but he has exposed himself as a crackpot. 
Title: Re: Magufuli nails COVID war and steadies TZ economy
Post by: Kim Jong-Un's Pajama Pants on July 11, 2020, 06:07:31 PM
Good, if Uhuru blows up the place I may get a Tanzanian wife.

Can't you still get one, even if he doesn't blow up the place?  They are not shabby at all from the little I can gather :grin:.