The government of Tanzania disbursed nearly 300 billion to fund about 161 household project across the country as a gateway to improving economic welfare.
The money will be channeled through Tanzania Social Action Fund (TASAF), a government aided program aimed at empowering households to graduate from poverty to sustainable social and economic development.
The announcement was made by the county’s vice president Samia Suluhu Hassan while opening a national symposium in Dar es Salaam. The four days ‘face-to-face’ dialogue is organised by the World Bank and United Nations Children’s Emergency Fund (UNICEF).
It is attended by delegates from over 100 countries. The objective of the meeting is to enhance understanding and learning about the role of cash transfer programs in supporting the development of a social protection system.
Hassan said that the TASAF project has since establishment shown great potential in empowering local communities in the East African state. She advised African governments to start setting aside budgets to ensure the sustainability of community funding through safety nets in future.
The World Bank’s country Director for Tanzania, Burundi, Malawi and Somalia, Bella Bird, lauded TASAF Productive Social Safety Nets initiatives saying it started with just 6,000 household beneficiaries in 2012 and now reaches out to 1.1 households thus making it to be the most successful project on the continent so far.
According to state owned newspaper Daily News, TASAF has implemented the conditional cash transfer program in Tanzania and this has so far enrolled 1.1 million beneficiaries since its launch in 2012.