24th ARW Synthesizing Report

Tanzania has achieved sustained rates of economic growth for the past ten years and is moving towards middle income status. Maintaining these gains while ensuring that development is inclusive is a core objective of the second National Five-Year Development Plan which places industrialisation as the key pillar of national development strategy.

Tanzania has achieved sustained rates of economic growth for the past ten years and is moving towards middle income status. Maintaining these gains while ensuring that development is inclusive is a core objective of the second National Five-Year Development Plan which places industrialisation as the key pillar of national development strategy. Capturing value through agro-processing, manufacturing for regional markets and harnessing the potential of the natural resources with which the country is richly endowed are envisaged as drivers of accelerated economic transformation.