The National Planning Commission is today launching the Malawi Growth Development Strategy (MDGS) III Mid-term review report.
The event, to be held virtually, will be presided over by Vice President Saulos Chilima, who is also Minster of Economic Planning and Development.
In a statement issued Wednesday, NPC says the report reviews progress in implementation of the MDGS III.
“The review report will help stakeholders gain lessons on how to accelerate implementation progress by highlighting interventions that are making impactful change towards the improvement of lives and the wellbeing of local Malawians but also help in defining the capacities required for enhancing performance in the areas that are lagging.
“The review also serves as an accountability mechanism for various stakeholders that have a role to play in the country’s development agenda,” reads part of the report.
The review focused on performance of the Key Priority Areas (KPAs), Flagship Projects and Other Development Areas (ODA).
The report also presents an account of both achievements and challenges made half way through the implementation period.
In the statement, NPC says progress has been registered in the macro-economic environment, especially on attaining single digit inflation, sustained GDP growth at around five percent per annum and a fairly stable Malawi kwacha against major trading currencies.
“On specific sectors, Malawi registered noticeable improvements in ICT, maternal health, child health, sanitation, irrigation, rural electrification and several other areas.
“Implementation of the Sustainable Development Goals has also largely been on track, with Malawi registering progress in 18 indicators while it is on track on another 80 indicators although progress on a further 66 indicators has been slow,” reads the statement.
Malawi is in the course of implementing MGDS III which started in 2017 and will end in 2022.
MGDS III is the third in the series of MGDS development plans which begun in 2005 as the medium-term strategies for operationalising Vision 2020.
MGDS III’s main focus is on building a productive, competitive and resilient nation.