It is only in Tanzania

[luckman]

Some countries officially accept that transactions may be made in a particular foreign currency as well as their own - expl El Salvador and Panama which officially recognise the US Dollar as a legitimate currency in their jurisdiction even though they do each have their own official currency. but in tanzania, it is not officially recognised!then why dollarization and still we are complaining our currency to loose its strength?look here, when u value dollars automatically u devalue your own currency, we are all familiar why tzs is dairly a looser!we have economic staff in one hand and mostly political reason in onother hand!polical can not run economy in a ny country but here in tz everything is possible! have u already asked urself the logic of introducing new notes in the circulation?was is for control purpose?quality purpose?fraud purpose coz all of these reason no even a single reason served! tanzania my country!why we have the crap leaders on the board?from white house which turned to be a black house, central bank, treasury and other govnment bodies which are responsible for it!we really need to restructure our own country, if not we will never go anywhere!

 

[SILENT WHISPER]

well said....the irony is our prezida is an economist , military economist to be precise.!

even worse our BOT gavana is a prof.