Tanzania Economy 1996

Agriculture:

accounts for about 58% of GDP; cash crops - coffee, sisal, tea, cotton, pyrethrum (insecticide made from chrysanthemums), cashews, tobacco, cloves (Zanzibar); food crops - corn, wheat, cassava, bananas, fruits, vegetables; small numbers of cattle, sheep, and goats; not self-sufficient in food grain production

Illicit drugs:

growing role in transshipment of Southwest Asian heroin destined for European and US markets

Economic aid:

recipient:

US commitments, including Ex-Im (FY70-89), $400 million; Western (non-US) countries, ODA and OOF bilateral commitments (1970-89), $9.8 billion; OPEC bilateral aid (1979-89), $44 million; Communist countries (1970-89), $614 million

Currency:

1 Tanzanian shilling (TSh) = 100 cents

Exchange rates:

Tanzanian shillings (TSh) per US$1 - 523.40 (December 1994), 509.63 (1994), 405.27 (1993), 297.71 (1992), 219.16 (1991), 195.06 (1990)

Fiscal year:

1 July - 30 June

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