Tanzania is one of Africa’s fastest-growing economies — but inclusive, broad-based growth is not yet realized.
In spite of nearly 7 percent annual growth in national gross domestic product, Tanzania’s rural population — which represents 73 percent of the country — lives in poverty. A staggering 68 percent of Tanzanians live below the extreme poverty line of $1.25 per day. The government’s National Strategy for Growth and Reduction of Poverty aims to improve the standard of living and well-being of its people. None of this will happen, however, unless there are more efforts for improved governance and accountability.
Three key areas require support if the development prospects for Tanzania are to improve: