Tanzania’s economy grows 6.2 pct in third quarter

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DAR ES SALAAM (Reuters) – Tanzania’s economy grew 6.2 percent in the third quarter of 2016, compared with 6.3 percent in the same period the previous year, Finance and Planning Minister Philip Mpango said on Monday.

The East African nation’s economy has been growing robustly, helped by expansion in the transport, mining, communications and finance sectors.

Mpango reaffirmed a forecast of 7.2 percent growth for the financial year ending June 2017.



(Reporting by Fumbuka Ng’wanakilala; Editing by Duncan Miriri and John Stonestreet)

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