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IMF warns Tanzania of downside economic growth risks

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China 2016 economic growth expected to be around 6.7 percent: state planner head

China 2016 economic growth expected to be around 6.7 percent: state planner head*/

– A security guard keeps watch on the Bund in front of the financial district of Pudong in Shanghai, China October 19, 2016.REUTERS/Aly SongBEIJING China’s economic growth in 2016 was expected to be around 6.7 percent, Xu Shaoshi, director of the National Development and Reform Commission (NDRC), said on Tuesday.Consumption accounted for 71 percent of China’s GDP growth in the first three quarters of 2016, Xu told a media briefing in Beijing.
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IMF warns Tanzania of downside economic growth risks

IMF warns Tanzania of downside economic growth risks*/

– DAR ES SALAAM Jan 10 The International Monetary Fund has warned Tanzania that the country’s economic policies threaten its forecast for growth in fiscal year 2016/17 (July-June) of around 7 percent.President John Magufuli promised when he was elected last year to reform an economy hobbled by red tape and corruption and begin a programme to develop public infrastructure.But the IMF said progress has been slow and lack of public spending is curtailing liquidity.
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IMF warns Tanzania of downside economic growth risks

IMF warns Tanzania of downside economic growth risks*/

– DAR ES SALAAM, Jan 10 (Reuters) – The International Monetary Fund has warned Tanzania that the country’s economic policies threaten its forecast for growth in fiscal year 2016/17 (July-June) of around 7 percent.President John Magufuli promised when he was elected last year to reform an economy hobbled by red tape and corruption and begin a programme to develop public infrastructure.But the IMF said progress has been slow and lack of public spending is curtailing liquidity.
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