| According to the recently released World Bank Report entitled “Tanzania Economic Update; Stairways to Heaven,” the World Bank has forecasted approximately 6 percent growth in the Tanzania economy.
This forecast contradicts other reports such as the recently released macroeconomic country forecast report by the Netherland-based Currency Exchange Fund (TXC) that predicted that growth within the Tanzania economy will to three percent this year as a result of challenges such as inflationary pressures and curruptions
In response to the negative forecast, the government of Tanzania said that the TXC report was too pessimistic and that they remain confident that this year’s growth will not be significantly different than that of last year.
http://www.tanzaniainvest.com/tanzania-economy/
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