Economy

Government accelerates NDS 1 implementation

 

By Shadreck Gurenje

Government has intensified the implementation of the economic blueprint National Development Strategy 1 running from 2021 to 2025 after Cabinet this week received and approved ministerial Five-Year Plans.

While launching the economic blueprint in November 2020, the Head of State and government President Emmerson Mnangagwa clearly articulated the need for the Second Republic to continue implementing robust, innovative and responsive strategies.

Last month in February, President Mnangagwa had given Cabinet Ministers until the end of March to submit their Five Year plans of action aligned to the National Development Strategy One-NDS1.

Speaking to the media this week Information, Publicity and Broadcasting Services Minister, Senator Monica Mutsvangwa confirmed that Cabinet had received and Okayed ministerial Five-Year Plans which clearly state their developmental strategies in line with the attainment of the NDS1.

She also said that the NDS1 document is now available in 15 languages which are already in the public domain across the nation.

“DVDs on Sign Language are also available, essentially leaving no one behind in terms of access to information on NDS1,” said Senator Mutsvangwa.

NDS-1 is the second step of the Second Republic’s drive to attain Vision 2030 of achieving a middle income economy in the next decade and succeeds the Transitional Stabilization Programme (TSP) that ran from October 2018 to 2020. It has, through rigorous fiscal and monetary reforms, created the required stable economic foundation for growth and development.

Some of the national priorities in the economic blueprint include strengthening macroeconomic stability, low and stable inflation, a stable exchange rate, inclusive and equitable real growth in the gross domestic product, promoting new enterprise development, employment and job creation and industrialising and modernising the economy.