USAID to Invest USD407m in Tanzania in 2016
The US Government, through the US
Agency for International Development (USAID), will invest USD407m in Tanzania
in 2016. The funding will be disbursed to various sectors in Tanzania,
including health, agriculture, natural resource management, education, energy,
and democratic governance. This is part of a five-year strategic assistance
agreement signed on August 1st 2016 by Sharon Cromer, Mission Director of
USAID, and Servacius Likwelile, Permanent Secretary at the Tanzania Ministry of
Finance. Through the agreement, the US aims to support Tanzania’s socioeconomic
transformation to middle income status by 2025. According to the US Embassy to
Tanzania: “This USD407m investment would represent half of the annual budget
that the US Government spends on development and other bilateral programs in
Tanzania, which are implemented partly by the Government of Tanzania and by
non-governmental implementing partners working in Tanzania.” USAID Tanzania
USAID began working in Tanzania (then Tanganyika) in the early 1960s to build
human capacity in the public service sector, for which education was a priority.
USAID helped to establish: Morogoro Agricultural College The Institute of
Public Administration Teacher training colleges in both Iringa and Dar es
Salaam While focusing primarily on education, USAID also invested in community
development, conservation and infrastructure projects in order to transport
food and water to rural areas. In the 1970s, USAID focused on large-scale
agricultural projects with the goal of increasing small farm outputs in
Tanzania. Programs included increasing credit available to farmers, bolstering
the extension service within the Ministry of Agriculture, including seed
multiplication and distribution. In the 1980s, USAID’s core objective for
Tanzania was to increase transportation services in rural areas. In the 2000s,
USAID shifted its focus to health initiatives in Tanzania. US-Tanzania
Relations The US established diplomatic relations with Tanzania in 1961. The US
is committed to working with Tanzania for sustainable development. Tanzania’s
exports to the US are dominated by agricultural commodities, minerals, and
textiles while imports from the United States include wheat,
agricultural/transport equipment, chemicals, used clothes, and machinery.
Tanzania is eligible for preferential trade benefits under the African Growth
and Opportunity Act. The United States has Trade and Investment Framework
Agreements with the East African Community (EAC).
0 comments:
Post a Comment