Tanzania : Recent Economic Developments

This paper reviews economic developments in Tanzania during 1996–98. Both traditional and nontraditional exports increased sharply in 1995/96 and 1996/97 as agricultural and manufacturing production responded to the reforms; however, exports fell again in 1997/98, owing initially to drought and subsequently the floods associated with the El Nino phenomenon. The external position strengthened during the last two years as the deficit on the current account of the balance of payments (excluding transfers) declined and international reserves rebounded to the equivalent of three months of imports of goods and nonfactor services.
Publication date: April 1999
ISBN: 9781451838282
$15.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Banks and Banking , International - Economics , International - Economics , banking , foreign exchange , bank of tanzania , trade reform , fixed capital formation , Tanzania: Recent Economic Developments , Tanzania , United Republic of

Summary