Tanzania's central bank says economy on track amid COVID-19 pandemic


By Li SiboUnreguser
  • World
  • Wednesday, 07 Oct 2020

DAR ES SALAAM, Oct. 6 (Xinhua) -- Tanzania's economy continued to perform satisfactorily despite spillover effects from the global economy due to the COVID-19 pandemic, the central bank said on Tuesday.

The Bank of Tanzania said in a statement that the bank's monetary policy committee assessment of the performance and outlook of the economy showed that the it will grow at the projected 5.5 percent in 2020.

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