Tanzanian Govt Should Step-in with Monetary Support

This entry was posted on Monday, October 29th, 2012 and is filed under Cashew.

Tanzanian Shilling is ruling steady and there is no forex related problem, of any kind, this season. International demand for raw cashew is also increasing due to shortage factor.

However, societies and farmers are looking for interest-free monetary help from the government. Even if the State increases bank limits, this may not become a permanent solution as such societies can not bear this kind of a massive interest burden, i.e, interest burden on the entire harvest!.

If the system changes to rapid purchases followed by immediate sales, then only, bank loans can be profitably utilized on better liquidity.

Filed Under: Cashew