Tanzania's Economic Growth Remains Steady Amid Covid-19

The Minister of Finance and Planning, Mwigulu Nchemba, has said that despite the outbreak of Covid-19 in 2020, Tanzania was one of the few countries in the world that had positive economic growth. Tanzania's GDP was 4.8% compared to 7.0% in 2019.

Nchemba noted that the sectors that contributed significantly to the high growth rate included the construction sector at 9.1%, information and communications 8.4%, transport and conservation which registered 8.4%, administrative services 7.8%, technical activities 7.3%, minerals and gemstones 6.7%, health and social services 6.5%. Tanzania is one of the few countries that did not go on lockdown as a measure to stop the spread of the novel coronavirus.

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