TANZANIA MIDDLE INCOME STATUS AND SEVEN INTERNATIONAL RECORDS UNDER PRESIDENT MAGUFULI


July 1, 2020, is the date that will go down as a remarkable day in Tanzania’s history. It was the first and beginning date for implementation of the fifth and final Government Budget to end the first five years of the fifth phase presidential administration; and, probably even more important, the day when the World Bank recognized Tanzania as a middle-income country five years in advance of 2025.

In discussing those achievements, I would like to draw the attention of keen observers upon the seven (7) key success stories which will go down in history as remarkable international records that indeed appropriately do corroborate the remarkable achievements. 

First, one should bear in mind that while some people were preoccupied with asking and challenging about what kind of nation President Magufuli is building, on July 1, 2020, the World Bank responded. That Magufuli was building a middle-income nation.

Second, the 2017 acknowledgement of Ms Christine Legarde when interviewed in Ethiopia by Quartz Magazine.  Speaking in her capacity then as Director of the International Monetary Fund (IMF), she warmly praised the already then visible remarkable achievements of Tanzania under the leadership of President Magufuli. Besides Ethiopia, Nigeria and Kenya, she cited Tanzania as also showing clear signs of aptly emulating Vietnam’s journey toward industrial revolution.

Third, as revealed at the World Economic Forum 2018, Tanzania ranked as the leading sub-Saharan African nation in terms of economic inclusiveness. That record has cemented the recognition that the Magufuli administration is indeed a pro-poor government.

Fourth, the Government of Tanzania has been ranked the 28th among the world’s 186 nations, in terms of effective management of public finances. In fact, among Tanzania’s competitors in the East African Community (EAC) and the Southern Africa Development Community (SADC) were ranked as follows: Botswana  ranked 37th, Kenya 70th, Uganda 100th, Malawi 106th, and Mozambique 118th. It may be of interest to note in this connection that Ghana ranked 61st. That record proves that even the world recognizes President Magufuli is building a disciplined spending government with a great record not only in Africa but in the world. (This is according to a report by the World Economic Forum, Executive Opinion Survey 2019).

Fifth, Tanzania was named as the leading nation in the fight against corruption, out of 37 surveyed African countries. This is according to The Africa Global Opinion Survey 2019. 


Tanzanians ought to appreciate that we have covered a long distance characterised by tangible development achievements − far from the virtually anarchy ways of the era of hiring an aircraft for US$ 43 million, only to have it functional and working during a mere six months while it remained dysfunctional in the hanger, and thus not operational, during the rest 37 months of the contract (see CAG report April 2020).

Today the government purchases new Bombardier aircraft for US$ 32 million! This is just a small example to show that as a nation there are decades we lost!

The sixth record comes from African Global Opinion Survey report of 2019 which shows that citizen trust to their government has increased tremendously.  It revealed that 72% had trust in their government in fighting corruption, compared to 13% in 2015. This is one of the records of a major revolution in the world.

The Seventh Record comes from the number one global Credit Rating Agency, the MOODYS. 

MOODYS Credit Rating Agency, which owns 45% of global market share, rated Tanzania with B1 in its in 2017 report, indeed higher than the ranking of any country in East Africa (which were ranked B2). This assessment is the first of its kind in Tanzania since independence.

These are global records and will remain so as President Magufuli’s international identity, not to mention the great diplomacy he used to confront COVID-19 and left the rest of the world wondering how it was possible that the Corona pandemic that was shaking the whole world actually failed in Tanzania.

My emphasis here is that Magufuli’s tenure in the presidency of Tanzania is characterised by great achievements deserving great international record. It should be noted, nonetheless, that he came into power in 2015 when the government was miserably desperate and unable even to manage the wage bill of its Civil Service!

He took over a Government that had to borrow to finance the wage bill (desperate government)! But within a short space of only five years he achieved a great record in every sector related to human development! 

He has succeeded in building an economically strong Government by all economic interpretations in the world. 

Those of us who were familiar with these records are not surprised to hear Tanzania being declared qualified to enter the middle-income economy 5 years before 2025, the target year



Maoni

Chapisha Maoni

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