Planning commission kicks-off FYDP IV preparations
DODOMA: THE National Planning Commission (NPC) has launched preparations of Tanzania’s Fourth Five-Year Development Plan (FYDP IV), which will serve as a key instrument to guide the country toward its goal of becoming a one trillion-dollar economy by 2050.
The commission has appointed a 27-member team of experts from government ministries, the private sector and civil society organisations to steer the process.
The team is led by Dr John Mduma, Director General of the Workers Compensation Fund (WCF) and held its inaugural session in Dar es Salaam yesterday.
“The new Five-Year Development Plan will serve as a key instrument for steering economic transformation and sustaining our progress toward middle-income status by 2050,” said NPC Executive Secretary Dr Fred Msemwa.
The launch follows last week’s high-level retreat in Kibaha, Coast Region, where permanent secretaries and their deputies finalised the Long-Term Perspective Plan (LTPP), a foundational framework for FYDP IV.
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The first year of FYDP IV will serve as an entry point for implementing DIRA 2050, which is anchored on four core goals: A diversified, resilient, inclusive and competitive economy as well as a sustainable environment and climate-resilient society.
Another goal is attaining high quality of life and well-being for all citizens and a digitally empowered society that drives innovation, productivity and global competitiveness.
Earlier last week, the Minister in the President’s Office (Planning and Investment), Professor Kitila Mkumbo, addressed the team, expressing strong confidence in their expertise and integrity.
“I have high hopes in your collective experience. I believe you will deliver a plan that will guide Tanzania toward the promised land, a one trillion-dollar economy by 2050,” said Prof Mkumbo.
The 4th Five-Year Development Plan will succeed FYDP III (2021/22–2025/26) and is expected to shape national development priorities in the final stretch toward achieving the long-term vision of economic transformation and inclusive growth.
