Tanzania’s economy set to grow around 6% in 2025, Finance Minister, central bank chief tell IMF

NAIROBI (Reuters) – Tanzania’s economy expected to grow by about 6% in 2025 from an estimated 5.4% growth in 2024, its finance minister and central bank governor said in a letter to the International Monetary Fund.

Some of the potential risks to the performance in the near term would include intensification of regional conflicts, increased commodity price volatility, a global economic slowdown and natural disasters related to climate change, Finance Minister Mwigulu Nchemba and Central Bank Governor Emmanuel Tutuba said in the Nov.29 letter, made public by the fund late on Wednesday.

(Reporting by George Obulutsa; Editing by Shri Navaratnam)

tagreuters.com2024binary_LYNXMPEKBI046-VIEWIMAGE

Close Bitnami banner
Bitnami