7 min
ARE WE REALY? CHECK YOUR FACTS In My Humble Opinion
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- News
“We are a donor country”- are we really?
So here I was pondering statements made by powers-that-be that Tanzania is rich and does not need foreign aid, in fact, it could be a donor country! I am not an economist and definitely numbers are not my cup of tea! So I did what 99% of us do with internet connection – I Googled! This is what I stumbled on - a list of countries by nominal GDP on Wikipedia. At USD 62.2 billion Tanzania stood in 74th place on the list comprising of 185 countries. There you have it – proof! Tanzania was in the wealthiest half of the said list, just a few positions away from Luxembourg (69th) and well ahead of Bahrain (94th), both often mentioned as being super rich.
“We are a donor country”- are we really?
So here I was pondering statements made by powers-that-be that Tanzania is rich and does not need foreign aid, in fact, it could be a donor country! I am not an economist and definitely numbers are not my cup of tea! So I did what 99% of us do with internet connection – I Googled! This is what I stumbled on - a list of countries by nominal GDP on Wikipedia. At USD 62.2 billion Tanzania stood in 74th place on the list comprising of 185 countries. There you have it – proof! Tanzania was in the wealthiest half of the said list, just a few positions away from Luxembourg (69th) and well ahead of Bahrain (94th), both often mentioned as being super rich.
7 min