DAR ES SALAAM, Oct. 22 -- TANZANIAS balance of payments position continued to improve in the year ending August, driven by a stronger trade balance as exports outpaced imports.

The trend reflects the impact of rising commodity exports and moderating global import prices, which together helped narrow the countrys current account deficit.

According to the Bank of Tanzania, the current account deficit narrowed to 2.02 billion US dollars in the year ending August, from 3.06 billion US dollars a year earlier, largely driven by strong growth in exports of goods and services alongside a slowdown in import growth.

This positive shift in the trade balance reflects improved competitiveness in key export sectors, alongside a moderated import dema...