The ADF supports good governance in Malawi
The proposed program aims at enhancing accountability and transparency throughout Malawi’s public sector and supporting targeted legal reforms aimed at improving access to justice, curbing corruption, and accelerating the law reform process.
To this end, the loan will help Malawi meet its external financing gap for 2004 towards enabling the Government implements the governance improving measures, which are articulated under the Malawi Poverty Reduction Strategy.
The loan program targets reforms in the following two main areas:
- Improving accountability and transparency in public financial management;
- Promoting the rule of law and improving access to justice.
The program will promote accountability and transparency of the public financial management system through:
- Improving accountability in budget formulation and execution, and strengthening
- Budget monitoring and control,
- Revenue collection and resources predictability, and
- The prevention of corruption and fraud through a transparent public procurement system.
The loan will also support improvements in the current framework governing the promotion of the rule of law and access to justice through (i) ensuring respect for the rule law by strengthening oversight bodies, (ii) strengthening the law reform process, (iii) improving access to justice for the poor, and (iv) improving the detection and prosecution of corruption and fraud cases.
ADB Group operations in Malawi started in 1969. To date, the Group has committed in the country a total amount of US$ 750 million for 76 operations.