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Tanzania Economic Update - Overcoming Demographic Challenges while Embracing Opportunities (anglais)

Tanzania has managed to sustain its growth momentum despite the intensifying effects of climate change. Tanzania’s real GDP growth rate rose from 4.6 percent in 2022 to 5.2 percent in 2023, as a stronger business climate and improved trade balances boosted aggregate demand, offsetting the damaging impact of droughts and floods on household income. According to the NBS, the services sector accounted for half of GDP growth during the first nine months...
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