samuel undenge.pngThe Government says consultations on the Mid Term Plan (MTP) have been finalised a move expected to pave way for the crafting of policies to increase economic activities.

 

The Medium Term Plan succeeds  the Short Term Emergency Recovery Programme will be launched in April amid stakeholder concern that its objectives should be put into action for the benefit of the nation.

 

Deputy Minister of Economic Planning and Investment Promotion, Dr. Samuel Undenge said the Government is confident that the plan which will be operational between 2010 and 2015 will stabilise macro- economic fundamentals.

 

The Medium Term Plan is expected to consolidate economic gains that have been achieved since the introduction of the multi- currency system last year.

 

Some of its objectives include an average annual economic growth rate of 15 percent, single digit inflation rate, reduction in unemployment levels, increasing capacity utilisation  for industry and boosting foreign exchange inflows in the economy.