Dar es Salaam, Jan. 23 -- ZANZIBARs current account surplus rose by 11.3 per cent to 742.1 million US dollars (about 1.9tri/-) in the period ending November last year, reflecting a stronger external position mainly driven by higher services exports, led by increased tourism receipts, compared with the same period a year earlier.

The expansion in the surplus suggests a continued rebalancing of the external account toward services-led inflows, underscoring the economys growing reliance on tourism as a key foreignexchange earner.

The latest Bank of Tanzania Monthly Economic Report shows that exports of goods and services rose by 30.4 per cent to 1.60 billion US dollars in the year ending November, signalling a marked improvement in externa...