Tanzania: Tourism Injects 4.8 Trillion/ - Into the Economy

EXTRA budgetary allocations for tourist sector promotion initiatives and consolidation of diplomatic relations are among of factors that have contributed to the increased flow of tourists to Tanzania, leading to the rise of foreign exchange earnings to USD 2,156.9m (approximately 4.8tri/-) in the year ending November, 2017.

According to the latest Bank of Tanzania (BoT)'s Monthly Economic Review, in the corresponding year, November 2016, foreign exchange earnings were USD 2101.2m (approximately 4.7tri/-).

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