Bank Of Tanzania Releases October Economic Review

The current account deficit widened to USD 2,159.0 million in the year ending September 2018 from USD 1,192.5 million in the year ending September 2017, largely accounted by increase in imports, particularly transport equipment and building and construction. Export value of goods and services was USD 8,669.1 million compared with USD 8,741.3 million recorded in the year ending September 2017 mainly due to decline in export of non-traditional goods. Traditional exports increased by 32.7 percent

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