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Home Business Business News

Planning Commission strives for knowledge-based economy

by Temwa Mhone - Correspondent
22/12/2021
in Business News
2 min read
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National Planning Commission (NPC) says there is need for the country to become a knowledge-based economy for sustainable economic growth and development.

The commission’s knowledge and learning director Joseph Nagoli said this yesterday in Blantyre during a stakeholders consultation on the development of the national research agenda for Malawi 2063 (MW2063) first 10-year implementation plan.

Nagoli: These can be achieved with knowledge

He said knowledge is a key factor for growth, wealth creation and employment.

Nagoli said: “We have gathered to develop a research agenda that will support the country to graduate to middle-income economy and meet most of the sustainable development goals by 2030.

“These can be achieved with knowledge to improve our efficiency and competitiveness in the global economy by also embracing science, technology and innovations.

“We want each of the seven enablers and three pillars of development in the implementation plan to be supported by a robust research.”

National Commission for Science and Technology chief technology transfer officer Isaac Chingota said the meeting will help them to have particular focus on key areas to achieve Malawi 2063, the country’s long-term development plan.

“This is a critical step in development of the science and technology sector, and help Malawians to have an inclusive wealthy and self-reliant country,” he said.

President Lazarus Chakwera launched MW2063 on January 20 2021.

The national development strategy, which is anchored on three pillars, namely agricultural productivity and commercialisation, industrialisation and urbanisation, seeks to transform Malawi into a wealthy and self-reliant industrialised ‘upper- middle-income country by 2063.

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