Tagged:

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.

InFocus

Rob Beechey/World Bank/Flickr

(file photo).

Follow AllAfrica

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.