Gulf crisis threatens Tanzania economy
DAR ES SALAAM, May 22 -- THE government has warned that the ongoing conflict involving Iran and the Gulf region could negatively affect Tanzanias economy through rising fuel prices, higher transport costs and disruptions in global supply chains.
Speaking during the Consultative Meeting on the Assessment of Economic Impacts on Tanzania Arising from the Gulf Crisis in Dar es Salaam.
Prof Mkumbo said the government is closely monitoring the situation and continues to implement measures aimed at strengthening energy security and protecting the economy from external shocks.
He noted that the crisis has affected global energy markets and increased uncertainty in trade and investment.
The meeting was organised by the National Planning Commis...
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