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Tanzania Economic Update, July 2021 : Transforming Tourism - Toward a Sustainable, Resilient, and Inclusive Sector.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- World Bank Group.
- Series:
- Economic Updates and Modeling.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Business Cycles and Stabilization Policies.
- Business Environment.
- Coronavirus.
- COVID-19.
- Economic Growth.
- Economic Recovery.
- Environment.
- Fiscal and Monetary Policy.
- Investment Climate.
- Macroeconomics and Economic Growth.
- Poverty.
- Poverty Reduction.
- Resilience.
- Tourism and Ecotourism.
- Local Subjects:
- Business Cycles and Stabilization Policies.
- Business Environment.
- Coronavirus.
- COVID-19.
- Economic Growth.
- Economic Recovery.
- Environment.
- Fiscal and Monetary Policy.
- Investment Climate.
- Macroeconomics and Economic Growth.
- Poverty.
- Poverty Reduction.
- Resilience.
- Tourism and Ecotourism.
- Other Title:
- Tanzania Economic Update, July 2021
- Place of Publication:
- Washington, D.C. : The World Bank, 2021.
- System Details:
- data file
- Summary:
- The pandemic severely disrupted economic activity in Tanzania, and the World Bank's latest firm-level data suggest that the situation had only modestly improved by the end of 2020. New data sources show that COVID-19 continues to weigh heavily on employment and income. Data for the first quarter of 2021 suggest that recovery remains fragile and uneven across sectors, but economic activity could accelerate in the second half of 2021. The tourism-dependent economy of Zanzibar has been particularly impacted by the COVID-19 crisis. Tanzania's macroeconomic framework remains sound, with low inflation and moderate external and fiscal vulnerabilities.
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