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Tanzania sees economic growth rising to 6% this year
Tanzania's economic growth is forecast to rise to 6% this year from 5.5% last year, its planning and investment minister said on Thursday.
Minister Kitila Mkumbo added that the budget deficit was seen at 3.0% of GDP next fiscal year, from 3.4% of GDP this year.
The East African country is set to hold an election in October. President Samia Suluhu Hassan is seeking to remain in power, having taken office in 2021 after the death of her predecessor, John Magufuli.
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By PolityTanzania's economic growth is forecast to rise to 6% this year from 5.5% last year, its planning and investment minister said on Thursday.
Minister Kitila Mkumbo added that the budget deficit was seen at 3.0% of GDP next fiscal year, from 3.4% of GDP this year.
The East African country is set to hold an election in October. President Samia Suluhu Hassan is seeking to remain in power, having taken office in 2021 after the death of her predecessor, John Magufuli.