Tanzania Economic Update, April 2017 : Money Within Reach - Extending Financial Inclusion in Tanzania
In 2016, the global economic environment remained subdued, with growth performance in Sub-Saharan Africa the weakest in over 20 years. Economic conditions across most advanced economies remained challenging, while emerging and developing economies...
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/340591491579331322/Tanzania-economic-update-money-within-reach-extending-financial-inclusion-in-Tanzania http://hdl.handle.net/10986/26393 |
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okr-10986-263932021-05-25T10:54:44Z Tanzania Economic Update, April 2017 : Money Within Reach - Extending Financial Inclusion in Tanzania World Bank Group ECONOMIC GROWTH ECONOMIC OUTLOOK FINANCIAL INCLUSION MOBILE MONEY RISKS MICROFINANCE In 2016, the global economic environment remained subdued, with growth performance in Sub-Saharan Africa the weakest in over 20 years. Economic conditions across most advanced economies remained challenging, while emerging and developing economies as a whole are set to maintain their growth momentum. However, there is a lot of variation between developing countries. Growth in Sub-Saharan Africa slowed down significantly, dropping from an average real GDP growth rate of 4.5 percent in the 2010-15 period to an estimated 1.5 percent in 2016, the lowest rate in more than two decades. The decline in the region's average growth rate is the result of a number of factors, most notably the ongoing adjustments to sluggish commodity prices, the slowdown in export demand, and the tightening of global financial conditions. In the context of these developments, the ninth edition of the Tanzania Economic Update describes the current state of the economy, with the special topic focusing on financial inclusion. The report aims to stimulate policy analysis and debate around the key economic and development challenges that Tanzania faces as it strives to fulfill its aspirations of becoming a middle-income country. In addition to describing key aspects of macroeconomic performance and fiscal management, the report presents a timely analysis of the impact of financial sector deepening on economic activity and on the livelihoods of Tanzanians. 2017-04-18T21:52:53Z 2017-04-18T21:52:53Z 2017-04 Report http://documents.worldbank.org/curated/en/340591491579331322/Tanzania-economic-update-money-within-reach-extending-financial-inclusion-in-Tanzania http://hdl.handle.net/10986/26393 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling Africa Tanzania |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
| building |
World Bank Open Knowledge Repository |
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World Bank |
| language |
English en_US |
| topic |
ECONOMIC GROWTH ECONOMIC OUTLOOK FINANCIAL INCLUSION MOBILE MONEY RISKS MICROFINANCE |
| spellingShingle |
ECONOMIC GROWTH ECONOMIC OUTLOOK FINANCIAL INCLUSION MOBILE MONEY RISKS MICROFINANCE World Bank Group Tanzania Economic Update, April 2017 : Money Within Reach - Extending Financial Inclusion in Tanzania |
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Africa Tanzania |
| description |
In 2016, the global economic environment
remained subdued, with growth performance in Sub-Saharan
Africa the weakest in over 20 years. Economic conditions
across most advanced economies remained challenging, while
emerging and developing economies as a whole are set to
maintain their growth momentum. However, there is a lot of
variation between developing countries. Growth in
Sub-Saharan Africa slowed down significantly, dropping from
an average real GDP growth rate of 4.5 percent in the
2010-15 period to an estimated 1.5 percent in 2016, the
lowest rate in more than two decades. The decline in the
region's average growth rate is the result of a number
of factors, most notably the ongoing adjustments to sluggish
commodity prices, the slowdown in export demand, and the
tightening of global financial conditions. In the context of
these developments, the ninth edition of the Tanzania
Economic Update describes the current state of the economy,
with the special topic focusing on financial inclusion. The
report aims to stimulate policy analysis and debate around
the key economic and development challenges that Tanzania
faces as it strives to fulfill its aspirations of becoming a
middle-income country. In addition to describing key aspects
of macroeconomic performance and fiscal management, the
report presents a timely analysis of the impact of financial
sector deepening on economic activity and on the livelihoods
of Tanzanians. |
| format |
Report |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
Tanzania Economic Update, April 2017 : Money Within Reach - Extending Financial Inclusion in Tanzania |
| title_short |
Tanzania Economic Update, April 2017 : Money Within Reach - Extending Financial Inclusion in Tanzania |
| title_full |
Tanzania Economic Update, April 2017 : Money Within Reach - Extending Financial Inclusion in Tanzania |
| title_fullStr |
Tanzania Economic Update, April 2017 : Money Within Reach - Extending Financial Inclusion in Tanzania |
| title_full_unstemmed |
Tanzania Economic Update, April 2017 : Money Within Reach - Extending Financial Inclusion in Tanzania |
| title_sort |
tanzania economic update, april 2017 : money within reach - extending financial inclusion in tanzania |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/340591491579331322/Tanzania-economic-update-money-within-reach-extending-financial-inclusion-in-Tanzania http://hdl.handle.net/10986/26393 |
| _version_ |
1764461850275086336 |