Tanzania has sustained a steadily high economic growth of more than 6 percent annually for the past decade; it has been counted among the group of so-called ‘lion economies’ on the African continent, a term coined for countries with high and sustained GDP growth. As other African countries, Tanzania is seeking to industrialize its economy. The government has committed to state-led structural development plans which aim to propel the country into the status of a lower-middle income country with a semi-industrialized economy by the year 2025.
Until now, the continuously high economic growth rates of the past years have not yet yielded sufficient numbers of qualitative and decent jobs for an increasingly young and growing population. Persistent levels of poverty continue to remain a challenge, while levels of socio-economic inequality are on the rise.
FES Tanzania supports its partners in civil society, academia and trade unions to complement existing state- and private-sector-led industrialization and economic transformation strategies. Through its work, it aims to emphasize the importance of inclusive economic growth, distributional justice as well as social and ecological sustainability in the drive to industrialize the economy. In this context, comprehensive social protection through the provision of protection floors is a decisive element to prevent or alleviate poverty and social exclusion, and a goal towards which FES Tanzania and its partners are working.