COUNTRY REPORT

Tanzania

3rd quarter 1997

The Economist Intelligence Unit 15 Regent Street, London SW1Y 4LR United Kingdom The Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For over 50 years it has been a source of information on business developments, economic and political trends, government regulations and corporate practice worldwide. The EIU delivers its information in four ways: through subscription products ranging from newsletters to annual reference works; through specific research reports, whether for general release or for particular clients; through electronic publishing; and by organising conferences and roundtables. The firm is a member of The Economist Group.

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ISSN 0969-6776

Symbols for tables “n/a” means not available; “–” means not applicable

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Contents

3 Summary

Tanzania 4 Political structure 5 Economic structure 6 Outlook for 1997-98 9 Review 9 The political scene 11 The economy 12 Finance 14 Agriculture 16 Mining 16 Energy and water 17 Tourism and transport 18 Foreign trade, aid and payments

Comoros 20 Political structure 21 Economic structure 22 Outlook for 1997-98 23 Review 23 The political scene 28 The economy 30 Foreign trade and payments

31 Quarterly indicators and trade data

List of tables 8 Tanzania: forecast summary (domestic) 8 Tanzania: forecast summary (external) 13 Tanzania: Union government recurrent budget 14 Tanzania: world coffee stocks and prices, 1997 15 Tanzania: cash crop purchases 18 Tanzania: foreign reserves, Jun 31 Tanzania: quarterly indicators of economic activity 31 Comoros: quarterly indicators of economic activity 32 Tanzania: foreign trade 33 Tanzania: UK trade 33 Comoros: foreign trade 34 Comoros: French trade

EIU Country Report 3rd quarter 1997 © The Economist Intelligence Unit Limited 1997 2

List of figures 9 Tanzania: gross domestic product 9 Tanzania: Tanzanian shilling real exchange rates 13 Tanzania: government recurrent budget trends 22 Comoros: gross domestic product 22 Comoros: Comorean franc real exchange rates

EIU Country Report 3rd quarte