In an article published yesterday says that the ratings
agency Moody's is bullish about the growth prospects and likely resilience of
the Tanzanian economy
The article says:
"Kenya, Tanzania well placed to weather shocks, says
Moody’s"
"Kenya and Tanzania are likely to be the most resilient
against economic shocks because of their diversification and economic size, a
new report by rating agency Moody’s says".
"We expect growth to remain highest in Rwanda and
Tanzania. By and large, our expectations for real GDP growth rates of 5-6 per
cent in Uganda and Kenya, and 6.5-7.5 per cent in Tanzania and Rwanda,” said
Moody’s
“The East Africa region’s economies of Kenya, Tanzania,
Rwanda, and Uganda will remain among the fastest growing economies in
sub-Saharan Africa and globally,” said the agency.
Full Article Business Daily Africa