Wednesday, November 23, 2016

Cash transfer programme reduces poverty

DAILY NEWS Reporter
WORLD Bank supported conditional cash transfer programme (CCT) has contributed to reduction of extreme poverty in Tanzania especially among female headed household who constitute 54 per cent of beneficiaries.

According to the World Bank Country Director for Tanzania, Bella Bird the programme achievements have been remarkable in reducing extreme poverty among Tanzanians. The WB boss commented on the matter last week in a document that was published in the organisation’s website.
Her comments based on the on recent impact evaluation, which involved 7,400 randomly selected households in Tanzania mainland and Zanzibar.
The programme has also contributed to the improved consumption of food and access to health and education services, enhancing and protecting the human capital investment in children.
“To sustain such impressive progress and in order to achieve the required impact at scale, we encourage the government to ensure sustainable financing and to continue investwing in the implementation capacity at different levels.” Said Ms Bird.
The CCT programme is part of the World Bank-supported Tanzania Productive Social Safety Net Project, which aims to increase income and food consumption for vulnerable groups and strengthen their ability to cope with shocks.
Despite respectable economic growth rates averaging 7per cent over the past decade, poverty rate remains at 28 per cent with about 9 per cent of the population, which is four million people, affected by food poverty.
Funded in part by international development Association (IDA), the bank’s fund for the poorest, the Tanzanian government piloted the conditional cash transfer programme in 2010 in support of its broader social protection strategy.
Families enrolled in the programme received a small amount of money, approximately 13/- US dollar each month) as incentive to increase household consumption of food, particularly proteins, as well as health and education services which they would otherwise have had to forego.

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