Tanzania is classified as a Least Developed Country (LDC) ranking among the lowest in the Human Development Index (HDI). About 80 percent of the population derives its livelihood from subsistent and predominantly rain fed agriculture. Some 28 percent of the population lives below the poverty line. Yet, over the last three years, Tanzania's economy grew at the rate of 7 percent annually, driven mainly by telecommunications, financial services, transport and construction. Growth has occurred largely in urban areas, with limited job opportunities. Additionally, the discovery of large reserves of natural gas and crude oil offers the promise a new and significant revenue stream for the Tanzanian economy.


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