Mkikuyu- Akili timamu
JF-Expert Member
- Feb 16, 2018
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Wengi sana sana wakenya wanajiuliza Tanzania inawezaje kununua ndege Bila mkopo na kujenga SGR bila mkopo.
Tanzania ni nchi ambayo kwa sasa hakuna nchi nyingine EAC iko na positive balance of payments, kila mwaka Tz inabaki na $600mln baada ya kununua(imports)
Wengine wana sema eti shillingi ya Tz ipo chini kwa dollar, lakini kwa waliosomea uchumi wanafahamu kwamba weak currency ni advatage sana kwa export oriented country kama vile china.
Tanzania reports a $637m trade surplus in 2017
THURSDAY JUNE 29 2017
Tanzania has registered a $636.7 million surplus balance of payments for the year to April 2017, even as its exports and imports dropped.
According to the Bank of Tanzania, there was a significant recovery after the country experienced a deficit of $183.9 million in the same period in 2016.
The Bank’s monthly economic review said that the surplus resulted from the current account, which narrowed by half to a deficit of $1.6 billion due to a fall in imports.
In addition, the deficit in the current account dropped by 50.1 per cent from a level of $2.4 billion recorded in April 2016 to $ 1.6 billion this year, largely driven by a decline in the value and cost of imported goods.
“Although exports also declined, the impact was more than offset by imports. In the year ending April 2017, with the exception of food and foodstuff, all categories of goods imports declined,” said the report.
The annual import bill decreased to $7.8 billion in April 2017 from the $9.3 billion recorded in the year ending April 2016.
Tanzania reports a $637m trade surplus in 2017
Tanzania ni nchi ambayo kwa sasa hakuna nchi nyingine EAC iko na positive balance of payments, kila mwaka Tz inabaki na $600mln baada ya kununua(imports)
Wengine wana sema eti shillingi ya Tz ipo chini kwa dollar, lakini kwa waliosomea uchumi wanafahamu kwamba weak currency ni advatage sana kwa export oriented country kama vile china.
Tanzania reports a $637m trade surplus in 2017
THURSDAY JUNE 29 2017
Tanzania has registered a $636.7 million surplus balance of payments for the year to April 2017, even as its exports and imports dropped.
According to the Bank of Tanzania, there was a significant recovery after the country experienced a deficit of $183.9 million in the same period in 2016.
The Bank’s monthly economic review said that the surplus resulted from the current account, which narrowed by half to a deficit of $1.6 billion due to a fall in imports.
In addition, the deficit in the current account dropped by 50.1 per cent from a level of $2.4 billion recorded in April 2016 to $ 1.6 billion this year, largely driven by a decline in the value and cost of imported goods.
“Although exports also declined, the impact was more than offset by imports. In the year ending April 2017, with the exception of food and foodstuff, all categories of goods imports declined,” said the report.
The annual import bill decreased to $7.8 billion in April 2017 from the $9.3 billion recorded in the year ending April 2016.
Tanzania reports a $637m trade surplus in 2017
