Browsing: Tanzania poverty elimination

Tanzania is one of the fastest-growing economies in Africa, as credited by Africa Development Bank (AfDB). However, still most of its population lives in poverty.

This is according to World Poverty Clock, approximately 23 million people dwell in poverty in Tanzania.

Nonetheless, Tanzania has been taking poverty elimination serious over the past decade. Hence, according to the recent world bank open data, shows that, Tanzania has made concrete steps within the span of 15 years (2000 to 2015) in eliminating poverty.

Moreover, Tanzania has sustained a rather significant economical stride over the past years, its economy growing on  6 to 7 per cent a year . However, World Bank data indicated Tanzania, had 49 per cent of population living below $1.90 per day in 2011, compared to 55.1 in 2007.

On the other side of the mark, Tanzania’s Household Budget Survey (HBS)report (2018), paints a rather promising narrative, from 2007 …