What it means as World Bank raises poverty to $3 per person

Dar es Salaam. The World Bank has introduced a new global poverty threshold, raising the international poverty line from $2.15 to $3 per person per day.

In local terms, the new benchmark translates to approximately Sh7,835 per person per day, or Sh234,000 per month, using the prevailing exchange rate of Sh2,611.6 per dollar as indicated by the Bank of Tanzania’s rates of July 4, 2025.