Economic policies are the backbone of national growth, shaping job creation, income distribution, and long-term stability. A well-structured economic framework ensures sustainable development by fostering resilience and inclusivity. Understanding and analyzing these policies is crucial for crafting strategies that address socio-economic challenges while promoting prosperity.
The TICGL Data-Driven Centre provides evidence-based insights that help policymakers, businesses, and researchers develop effective economic policies. By bridging the gap between research and policy implementation, the Centre ensures that economic strategies are both practical and impactful.
This category explores key economic policies, governance frameworks, and strategic interventions that enhance resilience and sustainability. It focuses on strengthening economic structures, fostering public-private partnerships, and ensuring that fiscal policies align with long-term development goals.
Key Interventions:
Introduction Tanzania is accelerating its economic transformation by leveraging Public-Private Partnerships (PPPs) as a key strategy for sustainable development. With a total development budget of TZS 54.575 trillion for 2021/22 to 2024/25, the government is focusing on infrastructure, energy, and social service projects. Notably, TZS 33.794 trillion of this budget is sourced domestically, showcasing Tanzania’s […]
Zanzibar’s economy grew by 6.2% in 2024, up from 5.8% in 2023, driven by tourism (12.7% growth), trade (7.1% growth), and infrastructure investments. The inflation rate dropped to 3.9%, improving purchasing power, while government revenue reached TZS 1.43 trillion (+5.6%), exceeding targets. However, a budget deficit of TZS 190 billion remains, requiring better expenditure management. […]
As of December 2024, Tanzania’s domestic debt stood at TZS 32.65 trillion, reflecting a decline of TZS 919.9 billion from the previous month, signaling improved revenue collection and reduced short-term borrowing needs. Commercial banks (30%) and pension funds (27.5%) hold the largest share of government debt, indicating significant financial sector exposure. Meanwhile, state-owned enterprises (SOEs) […]