Countries with a median income of $ 1,006 to $ 3,955 per person are referred to as middle-income, low-income countries with low-income countries of $ 3,956 to $ 12,235 claimed to be middle-income nations with a strong economy. Important: It is to increase efforts and knowledge in the production and delivery of services to accelerate the economy!
The Fifth Phase Government under the leadership of President Dr. John Magufuli of Tanzania says the implementation of major strategic projects that have created jobs for many Tanzanians is one of the things that attracted the World Bank to declare Tanzania as a middle-income nation. In addition to the strong leadership of President John Pombe Magufuli in controlling the use of public funds as well as combating those who want to squander public funds, the Tanzanian nation has become industrialized. The fifth phase government has successfully set up more than eight thousand factories in five years. The World Bank, WB, on July 1, 2020 listed Tanzania in the list of middle-income economies. President Magufuli took this opportunity to thank Tanzanians for this milestone. The criteria show that, States with an income between $ 1,006 and $ 3,955 per person are classified as middle-income, but low-income countries while those with an income between $ 3,956 to $ 12,235 are claimed to be middle-income nations. with a thriving economy.
What is needed now is to increase efforts and knowledge in the production and delivery of services so that the pace of economic growth does not slow down but double. There is a need to continue to reform the agricultural sector, "Agriculture first" by increasing productivity in parallel with increasing the processing of this agricultural products if it is in an effort to eliminate subsistence farming and focus more on commercial agriculture focusing on market demand. inside and out. There is still a need to improve investment in human resources, especially to improve access to quality health care, quality education and clean and safe water as a sure way to eradicate poverty by 2025. Since 2000, Tanzania has been implementing the National Development Vision (Development Vision 2025) which aims to make Tanzania a middle-income country by 2025.
This vision aims to transform the Tanzanian economy from relying on the agricultural sector which is the backbone of the Tanzanian economy, but less productive and become a nation that relies more on industrial economy and especially industries that produce quality products that can compete with the international market. . Tanzania has been implementing the National Development Vision through various strategies including: First and Second Strategy for Growth and Reduction of Poverty in Tanzania. These are the strategies that became better known as MKUKUTA and the Five Year Five National Development Plans where the nation of Tanzania is currently implementing the second plan for the period 2016/17 - 2020/21.
Meanwhile, the Prime Minister of Tanzania Kassim Majaliwa has urged Tanzanians to continue to work hard for the country to continue to grow economically and achieve a higher economy as it has already become a middle-income economy. "If you are a hardworking farmer, a civil servant, you should work hard, you who are in the industry, work hard and feed and cook hard so that the cash flow can continue to be great in the country." He made the statement on Saturday, July 04, 2020 when he inaugurated the Mpanda Plaza office and business building built by the National Housing Corporation (NHC) Mpanda at a cost of shs 2.8 billion. The Prime Minister said that when the Fifth Phase Government came to power, the per capita income per year was low and after five years it increased to two million shs. He said the increase in per capita income per year has enabled the nation to enter the middle economy ahead of the expectations proposed in the National Development Vision.
Tanzania's National Development Vision aims to make Tanzania a middle-income country through the industrial sector by 2025 but the country has achieved a middle-income economy by 2020. After inaugurating the building, the Prime Minister visited Kasekese village in Tanganyika district in Katavi region. where he launched the cotton crop procurement season for the year 2020. The Prime Minister said the Government's aim is to restore the cooperative so that it can be productive for farmers, he urged the leaders of the Cooperative Societies (AMCOS) to help their members. Similarly, the Prime Minister has instructed the Agricultural Officers in Tanzania to educate the leaders of the cooperatives on how best to operate the associations so that they can carry out their responsibilities effectively. He assured the people that the Government will continue to support them by ensuring that Extension Officers reach out to them in their areas and provide them with education that will enable them to increase productivity.
And a statement issued in Washington DC in the United States hi
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