The dream of Tanzania to acquire the middle income status by 2025 is becoming a reality. This time, the data extracted from the September 2019 version of the PovcalNet database has put Tanzania the first country in Africa that has reduced extreme poverty. Early this year, the WB stated clearly that Tanzania’s middle income status will be achieved in 2021 instead of 2025 due to mega projects implemented by the government of President John Magufuli. The report that has been also published in the World Bank Blogs states that Tanzania has reduced extreme poverty from 86% in 2000 to 49% in 2011, cutting its extreme poverty rate by 3.2 percentage points per year. This is about three times the pace of the average country in the region. Much more gains have been achieved in the last two years. The report states that the rapid reduction in extreme poverty has been measured as the annual percentage point change in the international extreme poverty rate, circa 2000 to ...
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