Tumaini Plan: A lifeline for Tanzanians navigating economic uncertainty
Tanzania, June 9 -- As Tanzania navigates its journey toward the National Development Vision 2025, the intersection of economic growth and social protection has never been more critical. While the nation has registered strong real GDP growth recorded at 7.0% in 2018 and successfully maintained single-digit inflation aver aging 3.5%, the reality of economic hardship for millions remains a pressing challenge.
According to the World Bank, approximately 49 percent of Tanzanians live below the international poverty line of $3 per day (PPP), underscoring the vulnerability of a large segment of the population.
While unemployment rates appear relatively low around 2.58 percent in 2024 this figure masks deeper structural issues such as underempl...
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