Govt deficit less than estimated
By Timothy Kitundu
The government’s budget recorded an overall deficit before grants of Tsh. 112.3 billion against the estimated deficit of Tsh. 248.9 billion during the quarter ending September 2004, the Bank of Tanzania has announced.
The latest economic bulletin for the quarter ending September 2004 indicates that after considering grants amounting to Tsh. 318.0 billion, the budget recorded a surplus of Tsh. 205.7 billion.
In terms of revenue performance, during the period under review, collections amounted to Tsh. 431.8 billion against the projected Tsh. 406.6 billion.

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Burundi President Domitien Ndayizaye arriving at Dar es Salaam International Airport last Sunday. He attended peace talks between his government and Pelipehutu-FNL rebels that took place the same day in Dar es Salaam. Left is Minister for foreign Affairs and International Cooperation, Jakaya Kikwete.(Photo by Peter Mgongo)

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