Dar es Salaam, May 2 -- TANZANIA: TANZANIA monthly food reserve has increased to almost ten years high thanks to bumper harvests of cereals and government initiatives to buy the harvests from the farmers at market price.

According to Bank of Tanzanias latest monthly economic review, food stock at the National Food Reserve Authority (NFRA) , in February reached 326,172 tonnes the highest since June 2015 when it reached.

However, the largest monthly stock in the history of country was 466,583 tonnes recorded in December 2014 and the lowest was 26,802 tonnes in May 2013.

Dr Hildebrand Shayo, economist and cum-investment banker, told the ‘Daily News on Tuesday that large food reserve is a good sign for the economic stability since it...