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allafrica - 1 month ago

Tanzania: Maintaining Tanzania s Lower-Middle Income Status Post-Covid-19 Will Depend On Strengthening Resilience

[World Bank] Dar es Salaam -- Following two decades of sustained growth, Tanzania reached an important milestone in July 2020, when it formally graduated to lower-middle-income country status. However, the global COVID-19 pandemic has significantly slowed economic growth, adversely affecting lives and livelihoods of Tanzanians, and requiring bold policy actions to ensure that Tanzania s LMIC status is maintained.


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