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 subs...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Staff Country Reports; Country Report ; No. 1999/024
Online Access:Full text available on IMF
Description
Summary: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.
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Physical Description:1 online resource (88 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students