Tanzania current account deficit widens in 2014 on aid delay

Tanzania's current account deficit widened 1.3 percent to $4.75 billion last year after financial aid was delayed and gold export earnings slumped, the central bank said. A group of international donors said in October they will only pay outstanding pledges of budget support worth nearly $500 million to the aid-reliant nation if the government took appropriate action over graft allegations in the energy sector. "The widening of the deficit was mainly driven by a decline in current transfers to t