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New Financing to Support Inclusive and Resilient Economic Recovery and Improved Healthcare Services


WASHINGTON, December 20, 2022 — The World Bank has today approved two financing programs for Tanzania totalling $775 million. The new International Development Association (*IDA) financing consists of a $500 million credit for the first Tanzania Inclusive and Resilient Growth Development Policy Financing and a $250 million credit plus a $25 million grant for the Tanzania Maternal and Child Health Investment Program.


Tanzania has experienced a contraction of its tourism sector and a spike in import prices for fuel and other commodities in the wake of the COVID-19 pandemic and the war in Ukraine. Prudent macroeconomic management has allowed the country to weather these external shocks and minimize the erosion of hard-won development gains.


The Tanzania Inclusive and Resilient Growth Development Policy Financing is the first in a series of two operations to support policy and institutional reforms that are critical to unleashing private sector growth, increasing transparency, boosting Tanzania’s risk management capacity, and building economic resilience against future shocks driven by climate change and other external factors.


“The World Bank is putting its full support behind policies aimed to ensure a robust private sector-led recovery that will help the country reach its economic potential, while also making growth more inclusive and resilient to future shocks,” says Nathan Belete, World Bank Country Director for Tanzania.   


The second financing package of $275 million for the Tanzania Maternal and Child Health Investment Program will help the country improve the quality of essential healthcare services and scale up delivery. It includes a $250 million Program for Results (PforR) for Tanzania mainland and a $25 million Investment Project Financing (IPF) project for Zanzibar. The program is additionally funded by a grant of $25 million from the Global Financing Facility for Women, Children and Adolescents. The primary beneficiaries of this financing are women of reproductive age, adolescents, and children under the age of five, including newborns and infants (about 40% of the total population) who will benefit from a package of high impact quality and cost-effective reproductive, maternal, newborn, child, adolescent health, and nutrition (RMNCAH-N) interventions.


Over the past two decades, Tanzania has significantly reduced the disease burden and improved health outcomes due to improvements in the control of major communicable diseases and vaccine preventable diseases,” said Amit Dar, the World Bank Regional Director for Strategy and Operations. “With this new financing, we hope to accelerate progress in areas where outcomes have been lagging in regard to the high maternal mortality, high fertility rate, the elevated newborn mortality and high rate of malnutrition.”

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