Why is Tanzania poor? the role of social accountability in poverty reduction
Marcossy, Albanie Mathew.
Why is Tanzania poor? the role of social accountability in poverty reduction - Dar es Salaam Albanie Mathew Marcossy 2017 - xvii, 229p. : ill. ; 21 cm
Includes bibliographical references (pages 211-229).
Tanzania, the largest and most populous nation in East Africa got independence in 1961 after three decades of English colonialism. Ever since independence, the nation set forth its worst enemies as poverty, illiteracy and diseases. As a result of that, a number of initiatives including the short and long term plans were crafted and implemented, with little success.The country enjoys a number of natural wealth and abundant natural resources: minerals, natural gas, wildlife, and the beauty of its its territory attracting tourism and trade. Its one of the most peaceful nation in Africa enjoying political stability ever since its independence. Again, a number of international and regional development aids flew in to help, all in vain. Recent reports show that over the last ten years Tanzanian economy has continued to perform strongly maintaining a healthy fiscal position, keeping the deficit at sustainable levels and managing expenditure growth in line with the broad objective of sustaining macroeconomic stability. In the medium term, the fiscal deficit has been maintained at around 5-6% of GDP, while expenditures and government net lending caught at around 25% of GDP, in line with targets of the Policy Support Instrument programs, recording economic growth between 7.3% in 2005 and 7.5% in 2015. However, Tanzania remains poor with 28.2% of Tanzanians engulfed in abject poverty.
9781973420453
Poverty--Tanzania--Social aspects.
967MAR
Why is Tanzania poor? the role of social accountability in poverty reduction - Dar es Salaam Albanie Mathew Marcossy 2017 - xvii, 229p. : ill. ; 21 cm
Includes bibliographical references (pages 211-229).
Tanzania, the largest and most populous nation in East Africa got independence in 1961 after three decades of English colonialism. Ever since independence, the nation set forth its worst enemies as poverty, illiteracy and diseases. As a result of that, a number of initiatives including the short and long term plans were crafted and implemented, with little success.The country enjoys a number of natural wealth and abundant natural resources: minerals, natural gas, wildlife, and the beauty of its its territory attracting tourism and trade. Its one of the most peaceful nation in Africa enjoying political stability ever since its independence. Again, a number of international and regional development aids flew in to help, all in vain. Recent reports show that over the last ten years Tanzanian economy has continued to perform strongly maintaining a healthy fiscal position, keeping the deficit at sustainable levels and managing expenditure growth in line with the broad objective of sustaining macroeconomic stability. In the medium term, the fiscal deficit has been maintained at around 5-6% of GDP, while expenditures and government net lending caught at around 25% of GDP, in line with targets of the Policy Support Instrument programs, recording economic growth between 7.3% in 2005 and 7.5% in 2015. However, Tanzania remains poor with 28.2% of Tanzanians engulfed in abject poverty.
9781973420453
Poverty--Tanzania--Social aspects.
967MAR