WASHINGTON DC, Sept. 26 -- TANZANIA has received a clean bill of economic health from the International Monetary Fund (IMF), following a week-long staff visit, citing robust growth and prudent monetary management.
The institution reported in a statement yesterday, that the countrys economy is on solid footing, growing 5.4 per cent in the first quarter of 2025. The expansion was driven by strong performance in the mining sector, alongside healthy activity in agriculture, manufacturing, construction and a recovery in tourism and services.
“Economic activity remains robust, driven by strong mining sector growth and healthy activity in agriculture, manufacturing and construction, while inflation has remained low,” said IMF missi...
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