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Tanzania Economic Update: More, Better Infrastructure, Increased Human Investment and Renewed Public-Private Partnerships Key to Poverty Reduction in Tanzania

Latest Issue: 
  • May 2016

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STORY HIGHLIGHTS
  • Although Tanzania¡¯s economy continues its strong growth, about 12 million Tanzanians still live in extreme poverty, according to the latest economic update for the country
  • The report highlights more and better infrastructure and increased human capital investment as key to unlocking Tanzania¡¯s economic potential
  • The latest TEU recommends alternative funding sources such as the private sector, especially through Public Private Partnerships (PPP)

DAR ES SALAAM, May 20, 2016 ¨C While Tanzania continues to record  strong economic performance, approximately 12 million of its citizens still live in dire poverty, according to the ÐÓ°ÉÂÛ̳¡¯s latest economic update for the country.

According to the eighth , growth was around 7% in 2015, and inflation was contained within single-digit levels,  However, the country  has the fourth  largest population living under poverty in Afric