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National Development Strategy 1, 2021 to 2025

Pays/Territoire
Zimbabwe
Type du document
Date
2020
Source
FAO, FAOLEX
Sujet
Agriculture et développement rural, Général
Mot clé
Développement agricole Commerce/industrie/sociétés Renforcement des capacités Gestion communautaire Genre Gouvernance Relations internationales/coopération Participation du public Emploi rural Jeunesse rurale Éducation Sécurité alimentaire Droits de l'homme Politique/planification Normes
Aire géographique
Afrique, AFRIQUE FAO, Afrique orientale, Pays en développement sans littoral
Résumé

Up to this point, the country has implemented several economic blueprints aimed at promoting sustainable economic growth, employment and new wealth creation, national development and poverty alleviation, albeit achieving subpar results. The National Development Strategy 1 (NDS1) is aimed at realising the country's Vision 2030. The objectives of the Strategy include; i. Strengthen macroeconomic stability, characterised by low and stable inflation, as well as exchange rate stability; ii. Achieve and sustain inclusive and equitable Real GDP growth; iii. Promoting new enterprise development, employment and job creation; iv. Strengthen Social Infrastructure and Social Safety nets; v. Ensure sustainable environmental protection and resilience; vi. Promote Good Governance and Corporate Social investment; and vii. To modernise the economy through use of ICT and digital technology. The Strategy identifies its priorities as; Economic Growth and Stability; Food Security and Nutrition; Governance; Moving the Economy up the Value Chain & Structural Transformation; Human Capital Development; Environmental Protection; Climate Resilience and Natural Resource Management; Housing Delivery; ICT and Digital Economy; Health and Well-being; Transport, Infrastructure & Utilities; Image building and International Engagement and Re-engagement; Social Protection; Youth, Sport and Culture and Devolution. The successful implementation of the Strategy is pegged on the the success of other factors, including the global recovery from the COVID-19 pandemic, local economic recovery on the back of firming international mineral prices and agriculture recovery. The Strategy provides for the mainstreaming of cross cutting issues such as gender, youth, people living with disabilities, arts and creative industry, environment and information communication technology in all thematic working programmes during its implementation. The Strategy involves a Macroeconomic Framework, premised on the e adoption and swift implementation of bold policies and programmes aimed at achieving economic transformation through the creation of a thriving private-sector led, open and competitive economy, with sound macroeconomic policies anchored on fiscal discipline, monetary and financial sector stability, a business friendly environment which promotes both foreign and domestic investment. The macroeconomic objectives for the five year period of the Strategy include; Achieve an average annual real GDP growth rate of above 5%; Maintain fiscal deficits averaging not more than 3% of GDP in line with SADC targets; Achieve and maintain single digit inflation; Increase international reserves to at least 6 months import cover by 2025; Establish a market determined and competitive foreign exchange rate regime; Maintain public and publicly guaranteed external and domestic debt to GDP at below 70% of GDP; Maintain a current account balance of not more than -3% of GDP; Create at least 760,000 formal jobs over the five-year NDS1 period; Improve infrastructure development and investment in energy, water, sanitation, roads, health, education, housing and social amenities; and Accelerate value addition and beneficiation of agriculture and mining production. The macroeconomic policies also targets an increase in agriculture production and productivity by smallholder farmers, in order to ensure food and nutrition security, enhanced income, increased opportunities for value addition and the development of agro-business value chains, among others.

Texte intégral
Anglais