Tanzania Says Economy Will Expand by 20 Percent After GDP Rebasing

Tanzania’s government expects the size of the economy to increase by 20 percent after rebasing the country’s gross domestic product data to factor in expanding industries such as mining and natural gas.

The revised figures will be released in September, Daniel Masolwa, a manager at Tanzania’s National Bureau of Statistics, said in an interview June 21 in Morogoro, about 170 kilometers (106 miles) west of the commercial hub of Dar es Salaam.

Read more: Tanzania Says Economy Will Expand by a Fifth After GDP Rebasing – Bloomberg.