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Tanzania's Economy To Grow By 4% In 2019, Forecasts IMF


The International Monetary Fund (IMF) in its Economic Outlook report released on April 9, 2019, forecasts a 4% growth of Tanzania's economy. That is 2 - 3% lower than its previous forecast of the East African country's 2019 economic growth of 6 - 7% made in January 2018.

However, the government of Tanzania seems to be more optimistic than the IMF, predicting the country's economy will grow by a staggering 7.3% in 2019.

In 2018 Tanzania's economy grew by 7.2%.

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