Harare(New Ziana) – 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