Investor Presentaiton

Next Steps for Implementation - NIIP and PSIP Guidelines • The Guidelines and the accompanying Manual involve a significant change from current practices. The successful implementation of new procedures will require enhanced knowledge and skills within all key responsible institutions. The Ministry has reactivated the Strategic Planning functions per the new Ministerial assignments announced by the Government. This will strengthen the planning functions of the Government. By reactivating the Strategic Planning functions within the Ministry, the responsibility for coordinating short, medium and long-term national and sectoral development plans and objectives whilst line ministries and departments will be responsible for the planning and implementation of specific development policies and programmes. Implementing the Guidelines and new procedures will enhance capacities for preparing a better quality PSIP and result in value for money (VfM) projects describing general principles governing good planning, procurement and management. A key principle of VfM analysis is that to judge whether an intervention/ or a project was worthwhile, the money spent on that intervention needs to be assessed alongside what has been delivered (outputs) or achieved (outcomes and impact). Thus, the reason for the new guidelines to be implemented with adequate training for staff designing and implementing a programme or project. It is intended to develop a stand-alone capacity development plan to support implementation.

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