The real price of oil: Tanzania’s economy will suffer as demand falls

Tanzania’s GDP is forecast to shrink by 1.4% this year, the highest forecast figure in the country’s history, the government said on Friday.The economy will shrink by 0.3% next year, according to the countrys latest economic update.“The economy of Tanzania will be hurt by low demand and low growth,” said Toto Harika, Tanzania’s minister for […]