Zim develops new economic blueprint

24 Feb, 2020 - 14:02 0 Views
Zim develops new economic blueprint

eBusiness Weekly

Treasury is working on a five-  year National Development Strategy (NDS), a successor programme to the  ongoing Transitional Stabilisation Programme (TSP) which ends in  December this year, the Ministry of Finance and Economic Development has  said.

The TSP is the foundation upon which the government aims to springboard  the economy to an upper-middle-income level status by 2030.

It has achieved notable milestones, including liberalisation of the  foreign exchange market, restoration of the domestic currency, the  Zimbabwe dollar, and structural economic and governance reforms.

In a statement, the Ministry of Finance and Economic Development said  the NDS is expected to be launched in September, in time for the 2021  national budget presentation.

“Pursuant to this and in line with Vision 2030, the end of the TSP  marks the beginning of the first 5-Year National Development Stratgey (NDS1)- (2021-2025); and the second 5-Year National Development Strategy (NDS2)- (2026-2030).

“Government of Zimbabwe therefore wishes to inform citizens, private  sector, non-governmental organisations and cooperating partners, among  other stakeholders that the preparations for the development of the  first 5-Year National Development Strategy have officially started. The  strategy is expected to be launched in September 2020, coinciding with  the preparations for the 2021 National Budget,” Treasury said.

It said it would in due course undertake outreach programmes in order  to gather views on the NDS1 as part of required stakeholder  consultations. – New Ziana

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