1 / 8

June 2014

Tanzania: Country Assistance Strategy Progress Report World Bank Group. June 2014. Development context in Tanzania has changed since 2011. Strong growth has continued (at 7%), but poverty reduction & job creation remain central challenges

sabina
Download Presentation

June 2014

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Tanzania: Country Assistance Strategy Progress Report World Bank Group June 2014

  2. Development context in Tanzania has changed since 2011 • Strong growth has continued (at 7%), but poverty reduction & job creation remain central challenges • Discovery of large reserves of natural gas provides a major opportunity • Aid is going downas proportion of public investment. Public investment is on the rise reflecting expected future gas revenue growth and sustained economic growth • Policy implementation & service delivery outcomes are lagging, primarily because of constrained institutional capacity to invest productively and manage efficiently • “Big Results Now!” initiative to focus on implementation and deliveryin key result areas

  3. Progress of CAS Implementation • Mixed progress towards achieving the CAS outcomes—about half of the expected outcomes are on track • Delays in implementation & approval of some operations are the main causes • Review of WBG CAS progress is in line with the government’s own assessment of its implementation record

  4. Proposed CAS Adjustments Productive investments for growth of labor-intensive industries • Agriculture Productivity integrating small farmers into commercial value chains • Key Infrastructure: Power, central corridor railway and port; urban transport infrastructure and water supply • Leveraging natural gas • Business Environment & Competitive Industries • Building employable skills through vocational and higher education Targeted Programs for reduction of extreme poverty • Scaling up targeted social safety net program to benefit the extreme poor through conditional cash transfer • Education Quality • Reducing maternal mortality (if a strong and credible plan materializes) • Improving government openness, accountability, public finance management, in the context of OGP commitments.

  5. New Modalities of WBG Support • Evolution in the approach to budget support: more focus and more result-based support • Power & Gas • Public Finance & Open Government • Business Environment and Competitive Industries • Pensions (TBC) • Guarantee operations: gas production; power PPPs • Possible IBRD financing: Dar Port; housing finance • WBG integrated services (WB + IFC): PPPs in energy; agribusiness; housing finance • Extend the current Country Assistance Strategy by 12 months to June 30, 2016 • Front Loading IDA 17 (estimated $1.8 billion)

  6. Annex 1: Proposed Lending Program FY15-16 Contd…

  7. Annex 1: Proposed Lending Program FY15-16

  8. Annex 2: Proposed Knowledge Program FY15-16

More Related