Question NW2245 to the Minister of Finance
05 July 2022 - NW2245
Luthuli, Mr BN to ask the Minister of Finance
(1)Whether, with the understanding from the New Development Bank (NDB) and the headquarters in Shanghai that South African NDB five-year country partnership plan will be adopted within six months of the finalisation of the NDB five-year strategic plan, there will be a multi-stakeholder engagement with the public and/or civil society on the Republic’s partnership plan; if not, why not; if so, (2) whether he will furnish Inkosi B N Luthuli with the first five-year South Africa country partnership Plan 2016-21, which has not been made available; if not, what is the position in this regard; if so, was public multi-stakeholder engagement made?
Reply:
The work of the NDB is guided by its General Strategy. The first General Strategy was for the period 2017 to 2021. The Bank has recently approved its second General Strategy for the period 2022 to 2026. The National Treasury commented and contributed to the finalization of the Bank’s second General Strategy.
The Bank has not yet finalized its policy on member country partnership plans. This policy will set out the relationship between the Bank and its member countries.
The Honourable Member can access the Bank’s General Strategy on the Bank’s website (https://www.ndb.int/about-us/strategy/strategy/).