Tanzania’s current account deficit narrowed to $4.02 billion in August this year as compared to $4.26 billion recorded during the preceding month of July according to the Bank of Tanzania (BoT) Monthly Economic Review for September. “Notwithstanding the shocks, the current account balance has improved, attributed by heightened seasonal earnings from tourism activities,” the Central … Continue reading Tanzania’s current account deficit narrows to $4.02 billion in August on tourism earnings