TZ strong GDP growth to create wealth, reduce poverty - AfDB
DAR ES SALAAM, Aug. 15 -- TANZANIAS strong economic growth has the potential to create wealth and reduce poverty, with real Gross Domestic Product (GDP) expanding by 6.0 per cent in 2025 from 5.5 per cent in 2024, according to the African Development Bank Group (AfDB).
The AfDB Country Focus Report 2026 said the positive relationship between overall economic growth and GDP per capita growth showed that sustained expansion of the economy could improve peoples incomes and contribute to poverty reduction.
“Real GDP growth per capita was 3.1 per cent in 2025, up from 2.5 per cent in 2024. The positive correlation between GDP growth and GDP per capita growth reflects the potential of strong GDP growth to create wealth and reduce povert...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.