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I was a bit naughty & screen-grabbed the @WBTanzania presentation on #TanzaniaEconomicUpdate. Here are some of my takeaways.
Consistent growth over at least 2 decades generated momentum to push Tanzania over the LMIC threshhold.
Consistent growth over at least 2 decades generated momentum to push Tanzania over the LMIC threshhold.
The strong pace at which poverty declined has slowed down recently, meaning much of that economic growth has left many fellow Tanzanians out. The absolute number of poor Tanzanians has actually *increased* and the gap between the rich & poor has expanded. #TanzaniaEconomicUpdate
#TanzaniaEconomicUpdate Tanzania's middle class is very small & vulnerable to negative shocks (e.g., #COVID19). Should we care? Paul Makanza (Vice Chair of @tpsftz) asked whether we should grow the middle class or support the less fortunate. He voted for the less fortunate. You?
