Details

  • Type: Press release
  • Date: 6/12/2014

KPMG Tanzania Budget Brief 2014 

Tanzania’s Gross Domestic Product (GDP) has been fairly constant from 2012 to date. The main economic growth drivers are communication, transport, financial services, construction, agriculture and manufacturing.

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Tanzania’s constant growth in GDP is attributable to:

 

  • Ongoing investments in infrastructure;
  • The discovery of large gas reserves;
  • Increase in foreign direct investments associated with oil and gas exploration
  • Low inflation rate of approximately 6.5%.

 

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