Zanzibar’s current account deficit surges to $417.1 million in September 2023

Zanzibar’s current account registered a deficit of $417.1 million during September 2023 from $344.8 million recorded during the corresponding period in 2022 according to the Bank of Tanzania Monthly Economic Review for October 2023. “This development was largely associated with an increase in import bills coupled with a decrease in export of goods,” the report … Continue reading Zanzibar’s current account deficit surges to $417.1 million in September 2023