THE country aggregate imports have gone down by 19 per cent to 10.83 billion US dollars on year-to-year basis ending September.
The Bank of Tanzania latest economic review report shows that all categories of imports declined, except for industrial raw materials that registered a gain of 4.7 per cent.
“The decline in imports is partly attributed to exchange rate appreciation and completion of major projects, such as construction of cement factory, power plants and exploration activities,” the report issued today shows.
In year-to-year basis, machinery imports, in percentage change, suffers a big blow registering (-37.4%) fall followed by capital goods (-33.5%), transport and equipment (-31.5%) and building and construction (-28.2%).
Others are consumer goods (-22.3%), food and food stuff (-23.8%) and other consumer—pharmaceutical, apparel, plastic and the like—(-21.8%). The imports down trotting trend were experienced since June this year.
source- www.dailynews.co.tz
0 comments:
Post a Comment