Tanzania has been removed from SECO priority countries and this move could impact on development assistence to Tanzania from Switzerland. SECO website describes Tanzania as follows;
With a population of 37.6 million inhabitants (2004) - 36% living in urban areas - Tanzania is the fifth most populous country of the Sub-Saharan Africa. It is endowed with a rich natural resource base (agriculture, natural gas, mineral deposits). It is also one of the most stable countries of the region. On the other hand, the average income per capita (USD 340) is still amongst the lowest in Sub-Sahara Africa, and income poverty remains high at an estimated 36.1% of the population.
Since 1986 Tanzania has moved away from a one-party political system and a controlled economy, through gradual - although sometimes erratic - adjustments. In 1995, the country embarked on the current program of economic stabilisation and structural reforms supported by the World Bank and the IMF. The main reforms include prudent fiscal and monetary policies, the privatisation of public enterprises and the creation of a more conducive business environment. The government is also committed to the implementation of a Poverty Reduction Strategy (PRS) adopted in 2000, whose second generation, the National Strategy for Growth and Reduction of Poverty (NSGRP or MKUKUTA according to its Swahili acronym) was completed in early 2005.
With a population of 37.6 million inhabitants (2004) - 36% living in urban areas - Tanzania is the fifth most populous country of the Sub-Saharan Africa. It is endowed with a rich natural resource base (agriculture, natural gas, mineral deposits). It is also one of the most stable countries of the region. On the other hand, the average income per capita (USD 340) is still amongst the lowest in Sub-Sahara Africa, and income poverty remains high at an estimated 36.1% of the population.
Since 1986 Tanzania has moved away from a one-party political system and a controlled economy, through gradual - although sometimes erratic - adjustments. In 1995, the country embarked on the current program of economic stabilisation and structural reforms supported by the World Bank and the IMF. The main reforms include prudent fiscal and monetary policies, the privatisation of public enterprises and the creation of a more conducive business environment. The government is also committed to the implementation of a Poverty Reduction Strategy (PRS) adopted in 2000, whose second generation, the National Strategy for Growth and Reduction of Poverty (NSGRP or MKUKUTA according to its Swahili acronym) was completed in early 2005.
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