New Malawi development blueprint to accelerate economic growth and reduce poverty

President Peter Mutharika is scheduled  to launch the Malawi Growth Development Strategy (MGDS) III, a national development blueprint on Tuesday in Lilongwe  to accelerate growth and reduce poverty with a focus on improving the agricultural industry.

Sado: Preparation of the document, including printing, has been done awaiting its official launch

Spokesperson for Ministry of Finance, Economic Planning and Development, Davis Sado, said the strategyfocuses on spurring growth and removing barriers to development in agriculture, water development and climate change management; education and skills development; energy, industry and tourism development; transport and information and communications technology (ICT) infrastructure as well as health and population.

Sado said the MGDS III is supposed to run from 2017-2022.

Among other things, the strategy targets a further reduction in the inflation rate to seven percent to build a productive, competitive and resilient nation.

According to Sado,  the new strategy is built around principles that aim at improving productivity, turning the country into a competitive nation and developing resilience to shocks and hazards.

About 65 percent of Malawi’s population of 12 million still live below poverty line and on less than a British Pound a day.

Development partners  have  fingered graft as a major cause of Malawi’s endemic poverty.

Malawi is also battling the murderous spread of the HIV/AIDS pandemic which has affected around 14 percent of the population and the ravages of drought and famine.

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Msundu
Msundu
6 years ago

“All preparations are done including printing” thats ending poverty kikikikik

Nalingula
Nalingula
6 years ago

This MDGS is supposed to run from 2017?So its already running,right?Or it was delayed? Just focus on reducing transactional costs i.e.good road infrastructure to agricultural centres .We know which areas produce most of the food we eat here in town.Just to give a guide a good tarmac road connecting Mbalachanda to MZIMBA.Make energy available 27/7.Anyway development plans are already there at Capital Hill just need someone to dust them up .Needs someone who. can implement them.Kodi vision 2020 inatha?

7777999
7777999
6 years ago

Good comment by crossroads. Those privileged in high circles share and discuss
That’s the way forward for malawi

Country man
Country man
6 years ago

Just do the development we have appreciated plans and policies for a very long time now. What I need as a country man is action i.e. doing the work

James
James
6 years ago
Reply to  Country man

We need people like you country man. How I wish you place gogo Goodall. Our problem isn’t having a plan but implementation. There were a lot of praises when launching MGDS II. Where are we now? A Malawi tiyeni tidzuke.

Malawi@Crossroads
Malawi@Crossroads
6 years ago

Launching MDGS III is not a silver bullet to woes that Malawi is facing right now. There are a number of things that you have to do to set Malawi on a course to achieve its MGDS/vision. An excellent strategy is nothing if it can’t be executed ruthlessly; you’d need right people with credible skills and attitude to realise the MGDS III. Unfortunately, the current structure of government and the people you have around you won’t give you the results you hope for under MGDS III. So, Mr President of DPP Party and the Malawi nation, I have a proposal… Read more »

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