Tanzania, Benin, Mauritius move up World Bank income rankings


The World Bank on Wednesday classified Mauritius as a High Income country while Tanzania and Benin are now considered Lower-middle income countries, classifications that are being celebrated in these African economies.

Tanzania’s president John Pombe Magufuli shared the news on social media, highlighting the fact that the feat has been achieved five years earlier than projected.

“Today, the World Bank has declared Tanzania Middle Income Country…We had envisaged to achieve this status by 2025 but, with strong determination,…



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