DAR ES SALAAM, April 8 -- THE external sector remained resilient, with the current account deficit narrowing by 2.23 per cent supported by improved performance in exports of goods and services, particularly tourism receipts and gold.

According to the latest Bank of Tanzania (BoT) Monthly Economic Review, current account narrowed to 2.11 billion US dollars in the year ending February, down from 2.15 billion US dollars in the corresponding period last year.

The BoT report shows that exports of goods and services rose by 12.4 per cent to 18.39 billion US dollars in the year ending February from 16.36 billion US dollars in the corresponding period last year.

“The expansion was largely attributable to higher tourism receipts, reflecti...