Donation Amount. Min £2

 

DAR ES SALAAM, Sept. 14 (Xinhua) -- Tanzania's central bank said on Tuesday the east African nation recorded a 4.9 economic growth in the first quarter of 2021.

The Bank of Tanzania said in a statement that the 4.9 percent economic growth recorded in the first quarter of 2021 was lower than 5.9 percent recorded in the corresponding period in 2020.

The Bank of Tanzania issued the statement after its monetary policy committee met on Sept. 13 to review the conduct of monetary policy and economic performance in recent past and the general economic outlook.

According to the statement, the 4.9 percent economic growth was driven by construction, transport, agriculture, manufacturing, mining and quarrying activities.

The statement said the economy is expected to continue improving, owing to ongoing public investment and normalization of the global economy which will increase private sector investment and trade.

It added that performance of the external sector of the economy continued to face challenges caused by COVID-19, particularly tourism. - Xinhua

About IEA Media Ltd

Informer East Africa is a UK based diaspora Newspaper. It is a unique platform connecting East Africans at home and abroad through news dissemination. It is a forum to learn together, grow together and get entertained at the same time.

To advertise events or products, get in touch by info [at] informereastafrica [dot] com or call +447957636854.
If you have an issue or a story, get in touch with the editor through editor[at] informereastafrica [dot] com or call +447886544135.

We also accept donations from our supporters. Please click on "donate". Your donations will go along way in supporting the newspaper.

Get in touch

Our Offices

London, UK
+44 7886 544135
editor (@) informereastafrica.com
Slough, UK
+44 7957 636854
info (@) informereastafrica.com

Latest News

FACTBOX – Sudan’s 5 military flashpoints after RSF's capture of El-Fasher

FACTBOX – Sudan’s 5...

Clashes have persisted for over a week around the cities of El-Obeid, Bara, Dilling, Kadugli, and Ba...

Snapchat groomer jailed for sexually assaulting and raping young girls

Snapchat groomer jai...

Body-worn camera footage of police arresting Paul Lipscombe in his car. Pic: Leicestershire Police B...

EU says 6 member states may seek exemption from migration pact

EU says 6 member sta...

'Bulgaria, Czechia, Estonia, Croatia, Austria and Poland face significant migratory situation becaus...

Nairobi becomes host to first-ever regional office of the International Trade Centre

Nairobi becomes host...

PPS The new office, located at the United Nations Gigiri Complex, is ITC’s first corporate branch ou...

For Advertisement

Big Reach

Informer East Africa is one platform for all people. It is a platform where you find so many professionals under one umbrella serving the African communities together.

Very Flexible

We exist to inform you, hear from you and connect you with what is happening around you. We do this professionally and timely as we endeavour to capture all that you should never miss. Informer East Africa is simply news for right now and the future.

Quality News

We only bring to you news that is verified, checked and follows strict journalistic guidelines and standards. We believe in 1. Objective coverage, 2. Impartiality and 3. Fair play.

Banner & Video Ads

A banner & video advertisement from our sponsors will show up every once in a while. It keeps us and our writers coffee replenished.