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1996-2004 - Tanzania - Country Assistance Evaluation
Tanzania has been making major strides in its economic reforms. The rate of GDP growth has averaged 5.3 per cent between 1996 and 2004 achieving 6.7 per cent in 2004. Despite this progress, poverty remains widespread and persistent. There are wide disparities in poverty between regions, underscoring the need for a more targeted and diversified approach to poverty reduction efforts. There was a growing understanding between the government and development partners on the urgent need to improve the efficiency and effectiveness of external resources to achieve poverty reduction goals. In response, the government articulated ambitious targets and comprehensive strategies for poverty reduction in the PRSP. Between 1996 and 2004, Bank support to Tanzania was articulated in three Country Strategy Papers (CSPs) which had poverty reduction as their overarching objective. Bank support amounted to UA 444.75 million for 34 operations, covering five sectors and multisectoral policy-based support. Of this amount, 62 per cent was for project loans, 30 per cent for policy-based lending, and 8 per cent for grants. The Tanzania portfolio was characterized by slow implementation between 1996 and 2004. Out of the 34 operations, five were completed. There were no investment projects completed during the 9-year period.