Question NW3854 to the Minister in The Presidency for Planning, Monitoring and Evaluation

Reply:

The Economic Reconstruction and Recovery Plan (ERRP) was developed in consultation with the business sector and other social partners in the National Economic Development and Labour Council (NEDLAC). Government has continued to collaborate with business in developing Industrial Master Plans in different sectors and in addressing pressing challenges such as the availability of electricity, improving logistics networks and addressing crime and corruption, including economic crimes.

The development of the Draft Medium-Term Development Plan (MTDP) for 2024-2029 involves the whole of government, experts, think tanks and non-state sectors, including the business sector, to ensure that it addresses the current socio-economic challenges. The institutional arrangements for the development of the MTDP include an Inter-Governmental Steering Committee and a Reference Group. The Reference Group consists of non-state sectors, including academia, business, labour and civil society as well as development partners. The key objectives of the Reference Group are to provide expertise, representation, feedback, and facilitate consensus building throughout the process of developing the draft MTDP. By doing so, the Reference Group will enhance the quality of policy decisions, promote inclusivity, and foster effective and sustainable governance. These representatives will actively contribute the perspectives and concerns of their respective stakeholders, including business and the private sector, ensuring a comprehensive and well-rounded approach in shaping the draft MTDP.

Apart from the Reference Group, further consultations with business will be held on the MTDP.