You are here

2005-2009 - Malawi - Results-Based Country Strategy Paper: Mid-Term Review Report

13-Oct-2008

The Boards of Directors considered the Results-Based Country Strategy Paper (RBCSP) for Malawi (ADB/BD/WP/2005/103 – ADF/BD/WP/2008/115), on 24 November 2005. The 2005-2009 RBCSP is anchored on the country’s second-generation Medium Term Poverty Reduction Strategy, the Malawi Growth and Development Strategy (MGDS). During consideration of the RBCSP, the Board noted with concern that real GDP growth rates, domestic resource mobilization and social expenditure remain inadequate to reduce poverty in Malawi. They expressed satisfaction that the MGDS provides the basis for a balanced poverty reduction program, to help address the challenges facing Malawi. The Board urged Government to improve the environment for private-sector led growth by deepening reforms aimed at strengthening financial management, public enterprises and civil service. The Board further encouraged Government to pursue improvements in governance, capacity building for enhanced service delivery and donor harmonization. The sustained real GDP growth rate and pro-poor expenditure increases highlighted in section 2 show that the Boards concerns are being addressed.

Related Sections