Tanzania Sees 2013 Economic Growth at 7% From 6.9% Year Earlier

Tanzania’s economy is forecast to grow 7 percent this year compared with 6.9 percent in 2012, Finance Minister William Mgimwa said

The East African nation’s economic growth is expected to accelerate to 7.2 percent in 2014, the minister told parliament in a statement on March 25. He said the biggest contributors last year were information and communications, which expanded 20.6 percent, and financial services with 13.2 percent growth.

To contact the reporter on this story: Eric Ombok in Nairobi at eombok@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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