Tanzania Charts Bold Path to $1 Trillion Economy with Vision 2050

In a move that signals bold ambition and national unity, Tanzania has launched Vision 2050, a long-term development blueprint aimed at building a strong, inclusive, and self-reliant economy.

The plan sets the country on a course to grow its economic output to at least USD 1 trillion by the year 2050.

The event, which took place in Dodoma, brought together a wide array of stakeholders including residents, government officials, private sector players, religious leaders, and development partners, in what was described as a resounding show of unity and optimism for the country’s future.

President Samia Suluhu Hassan, speaking at the launch, emphasized the inclusive nature of the document’s preparation, noting that it incorporated views from youth, women, people with disabilities, civil society, and grassroots communities.

“Major infrastructure projects such as the Standard Gauge Railway and the Julius Nyerere Hydropower Plant will serve as transformative foundations for the new vision,” she said.

“We are aware of the challenges ahead, child stunting, multidimensional poverty, and child labour, and there’s a lot of work to be done to overcome them.”

Development partners have endorsed the blueprint, pledging support for its implementation. United Nations Resident Coordinator Susan Namondo lauded the government’s leadership and commitment to inclusivity during the formulation process.

 “We commend the government for the leadership and wide consultation that shaped this vision,” said Namondo. “It’s a roadmap that can lead to significant milestones such as sustained macroeconomic stability, reduced child and maternal mortality, improved school enrollment, and a sustainable food supply.”

Vision 2050 builds on previous national strategies and is expected to position Tanzania among Africa’s economic leaders by mid-century.