A number of key milestones have been achieved since the launch of the Malawi 2063 in January 2021. These include the launch of the Malawi 2063 First 10 Year Implementation Plan (MIP-1), the Covid-19 Social Economic Recovery Plan (SERP) and the establishment of the Malawi 2063 Pillar and Enabler Coordination Groups (PECGS). All these are critical in kick-starting the implementation of the Malawi 2063. Also important were the 2022 State of the Nation Address (SONA) delivered in Parliament by His Excellency the President and the 2022/2023 National Budget Statement by the Minister of Finance and Economic Affairs. The SONA set the tone and expressed the much-needed high-level political commitment to the national vision, while the budget statement provided a clear guideline for aligning government financial plans to the vision and the MIP-1. Now that the budget has been passed by Parliament, it is upon the various government Ministries, Departments and Agencies (MDAs) as well as local councils to implement what has been approved therein. However, in addition to government funding, the MDAs and local councils need to be more creative and explore other complementary financing mechanism for their projects and programmes as Treasury may not be able to satisfy their funding needs especially given the volatile economic environment that has arisen lately from COVID-19 as well as globally man-made economic shocks and natural disasters. The national resource envelop is still very thin at the moment against the massive competing obligations. Banking everything on state coffers may not be realistic in the realization of the national vision. MDAs and local councils should be more resourceful and find other funding options such as public-private partnerships, equity investments, joint ventures, pension funds, bonds, NGO funding, foreign grants and international soft loans as viable alternatives for financing the catalytic interventions in MIP-1. As the National Planning Commission, we will continue to fulfil our mandate of overseeing implementation of the development plans towards their fruition. We will endeavor to coordinate the efforts of different stakeholders to make sure that we achieve the common national development objectives as defined in the SERP, the MIP-1 and the MW2063.

We have no excuse in developing this country. Be part of the solution!

Quote of the Moment: ‘Those who say it cannot be done, should not interrupt those who are doing it!

 

Thomas Chataghalala Munthali, PhD

Director General, National Planning Commission

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Post Author: Thomas Chataghalala Munthali PHD