Tanzania inflation picks up to 5.9 pct y/y in June

(Reuters) - Tanzania's annual inflation rate rose to 5.9 percent in June from 5.0 percent in May, the National Bureau of Statistics said on Saturday.

Prices for green label tea, kerosene, charcoal, diesel and petrol were among those that rose, while prices of rice, maize grain, wheat flour, cassava, meat and milk were among those that eased, the statistics bureau said.


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East Africa budgets tackle infrastructure, poverty

(Reuters) - Observers broadly welcomed east Africa's three budgets on Friday, saying they all tackled priority areas like infrastructure and poverty alleviation.

Kenya, Uganda and Tanzania's finance ministers unveiled their 2007/08 programmes on Thursday with all of them proposing to increase social expenditure.


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