Saturday, August 13, 2022
  • About Us
  • ImagiNATION
  • Rate Card
  • Contact Us
The Nation Online
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
No Result
View All Result
Home Business Business News

Think-tank punches holes in MGDS III

by Dumbani Mzale
29/08/2020
in Business News
3 min read
0
Share on FacebookShare on TwitterShare on WhatsAppShare on LinkedinLinkedinShare via Email

The Malawi Growth and Development Strategy (MGDS III) suffered a myriad of setbacks that included lack of seriousness at formulation stage, unwillingness to make sacrifices, competition for resources, Centre for Research and Consultancy has said.

The think tank’s executive director Milward Tobiasi said this Thursday in  reaction to the recent mid-term review of MGDS III which revealed that the blue-print under-performed in most targets.

The review showed that the country has achieved only 31 percent of national development targets in the past two-and-half years of implementation.

In the new blueprint, government wants projects that will transform the country

The National Planning Commission (NPC) in collaboration with the Department of Economic Planning and Development (EP&D) reviewed the progress in the implementation of the strategy which will be implantation period between 2017 and 2022 and came into force after the expiry of its predecessor in June 2016.

Tobiasi argued that the under-performance of past national development strategies, including MGDS III has been a result of deficiencies at formulation stage and failure to create prerequisite foundation or environment for successful implementation.

“Without attacking personalities, the team that formulated MGDS III suffered from shortage of seriousness. Some targets failed right at formulation stage and did not require review to assess whether they performed or not. There are data inconsistences with serious implications on measuring performance,” he said.

For example, Tobiasi said page 26 of the printed version of MGDS III says additional investment of $1.2 billion would help double per capita income from $380 yet the annex on page 184 shows per capita income in base year at $458.

On the same data inconsistency, Tobiasi said on page 28, there is a projected average Gross Domestic Product (GDP) growth rate of 6.2 percent yet on page 184 shows average GDP growth rate of 6.5 percent.

“Surely, a national development strategy prepared by technocrats with specialised training ought not to suffer from such inconsistencies,” he said.

On unwillingness to make sacrifices, Tobiasi lamented that the nation that has deficiency of sense of pride and cherish begging, stressing that the nation as a whole is not shy to beg for basics while spending own resources on luxuries.

On his part, NPC director general Thomas Munthali said despite the implementation challenges, there is need to think positive going forward.

Previous Post

Mobile money operators shun rural areas­­—report

Next Post

No policy yet for village banks—RBM

Related Posts

Business News

Electricity tariff proposal to face scrutiny—mera  

August 13, 2022
Chadza: Some of the products that we import, such 
as cooking oil, are made from some of those
Business News

Plantations, legumes rank highly in Mega-farm project

August 13, 2022
Business News

Universities move to to popularise MW2063 

August 12, 2022
Next Post
Nkuna: A number of borrowers are still in business

No policy yet for village banks—RBM

Opinions and Columns

Off the Shelf

Government, through Mera, killing Escom

August 13, 2022
My Diary

Joking about food

August 13, 2022
Search Within

Pitfalls of traditional charcoal production

August 13, 2022
Bottom Up

Mindset change should target Indian-Malawians

August 12, 2022

Malawi-Music.com Top10

Trending Stories

  • Chakwera withheld delegated duties from Chilima

    Did ACB, LMC rush? 

    0 shares
    Share 0 Tweet 0
  • Covid-19 pushes Kuhes into drug manufacturing

    0 shares
    Share 0 Tweet 0
  • Mindset change should target Indian-Malawians

    0 shares
    Share 0 Tweet 0
  • Minister allays Shoprite exit fears

    0 shares
    Share 0 Tweet 0
  • World Bank suggests kwacha re-alignment

    0 shares
    Share 0 Tweet 0

  • Values
  • Our Philosophy
  • Editorial policy
  • Advertising Policy
  • Code of Conduct
  • Plagiarism disclaimer
  • Disclaimer
  • Privacy Policy
  • Terms of use

© 2022 Nation Publications Limited. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation

© 2020 Nation Publications Limited. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.