The nation’s external current-account deficit is seen at 13.9 percent this year, compared with the sub-Saharan African average of 3.6 percent, according to the IMF. That’s prompted the government to cut spending in an effort to meet a target of 5 percent, the IMF said in a statement dated May 15.
Dr. Masawe alisema mwenendo wa Shilingi ya Tanzania imeshuka thamani na kuufanya mfumko wa Bei Nchini kufikia asilimia 5.4% ikilinganishwa na Mataifa mengine Duniani zikiwemo baadhi ya Nchi za Bara la Afrika ambazo mfumko wao uko chini ya asilimia 3%.