Economy
Summary of Performance
as of July 27, 2024Arranged in order of latest update
inprogress28-May-2024
Ensure strict adhere and compliance with laws to promote investment in mining by both local and international companiesRead More![](/icons/right-arrow-black.svg)
inprogress27-May-2024
Mobilise financial resources domestically and manage through a water-tight strategy of zero tolerance of corruptionRead More![](/icons/right-arrow-black.svg)
inprogress02-April-2024
Encourage value chain addition and agroprocessing to imrpove gross margins for farmersRead More![](/icons/right-arrow-black.svg)
inprogress20-March-2024
Implement and fund the Transport Master PlanRead More![](/icons/right-arrow-black.svg)
inprogress16-February-2024
Diversify energy sourcesRead More![](/icons/right-arrow-black.svg)
inprogress16-February-2024
Increase access to electricity to 60% within the next five yearsRead More![](/icons/right-arrow-black.svg)
inprogress16-February-2024
Set up a bank foused on giving credit to youth and women to enhance their participation in the country's economyRead More![](/icons/right-arrow-black.svg)
inprogress16-February-2024
Create a favourable environment for the private sector to facilitate investments and growth of a robust economy to benefit MalawiansRead More![](/icons/right-arrow-black.svg)
inprogress16-February-2024
Improve infrastructure network to grant tourists access to facilitiesRead More![](/icons/right-arrow-black.svg)
inprogress16-February-2024
Promote a wide range of incentives over and above the existing tax incentives to promote tourism in the countryRead More![](/icons/right-arrow-black.svg)
inprogress16-February-2024
Implement the Artisanal and Small-scale Mining (ASM) policyRead More![](/icons/right-arrow-black.svg)
inprogress16-February-2024
Develop the mining's local content policy to ensure Malawians benefit from mining investmentsRead More![](/icons/right-arrow-black.svg)
inprogress16-February-2024
Raise the irrigable hectarage to over 50% within the next five yearsRead More![](/icons/right-arrow-black.svg)
inprogress16-February-2024
Facilitate market expansions for agricultural products by creating pathways to new markets and enhaning relationships with current trade partnersRead More![](/icons/right-arrow-black.svg)
inprogress25-January-2024
Ensure more coordinated planning and development of urban areas to ensure all developments meet set minimum standardsRead More![](/icons/right-arrow-black.svg)
broken18-January-2024
Implement policies to keep inflation levels down to single digit valuesRead More![](/icons/right-arrow-black.svg)
implemented11-December-2023
Revitalise the Agricultural Development and Marketing Corporation (ADMARC)Read More![](/icons/right-arrow-black.svg)
inprogress27-November-2023
Develop a comprehensive tax policyRead More![](/icons/right-arrow-black.svg)
inprogress14-November-2023
Promote the development of Small and Medium Enterprises (SMEs) and CooperativesRead More![](/icons/right-arrow-black.svg)
inprogress08-November-2023
Organise regular tourism promotion eventsRead More![](/icons/right-arrow-black.svg)
inprogress19-June-2023
Strengthen agro-value chains to improve access to finance and markets for farmersRead More![](/icons/right-arrow-black.svg)
inprogress10-February-2023
Improve the design of urban or residential road networkRead More![](/icons/right-arrow-black.svg)
inprogress17-December-2021
Ensure a predictable operating environment for doing business to support private sector and attract FDIRead More![](/icons/right-arrow-black.svg)
not commenced
Offer domestic operation licenses to other MCP MANIFESTO 31 2019-2024 operatorsRead More![](/icons/right-arrow-black.svg)
inprogress22-October-2020
Repossess and redistribute land that remains idle and undeveloped beyond the specified development periodRead More![](/icons/right-arrow-black.svg)
inprogress08-August-2020
Remove all tariff and non-tariff barriers on internet facilitiesRead More![](/icons/right-arrow-black.svg)
inprogress08-April-2022
Incentivize Financial Service Providers (FSPs) to provide products based on the the needs and wants of young entrepreneursRead More![](/icons/right-arrow-black.svg)
inprogress28-June-2021
Extend fibre optic cable network to all urban and rural centresRead More![](/icons/right-arrow-black.svg)
implemented21-July-2022
Create an enabling environment for the growth of ICT and telecommunicationRead More![](/icons/right-arrow-black.svg)
inprogress06-May-2021
Establish a new National AirlinerRead More![](/icons/right-arrow-black.svg)
inprogress01-December-2020
Upgrade all existing port facilities at Chilumba, Nkhata Bay, Nkhota-kota, Chipoka and Monkey Bay and construct new onesRead More![](/icons/right-arrow-black.svg)
implemented12-July-2022
Upgrade M1 road from Nsanje to ChitipaRead More![](/icons/right-arrow-black.svg)
implemented04-April-2022
Develop a tourism marketing planRead More![](/icons/right-arrow-black.svg)
inprogress03-May-2021
Develop and operationalise laboratory services to test both mineral and petroleum samples locallyRead More![](/icons/right-arrow-black.svg)
inprogress20-November-2020
Promote transparency and accountability in the issuance of mining licenses and management of proceedsRead More![](/icons/right-arrow-black.svg)
inprogress20-August-2021
Implement the new mining policyRead More![](/icons/right-arrow-black.svg)
implemented16-February-2022
Review and improve the National Export StrategyRead More![](/icons/right-arrow-black.svg)
inprogress14-September-2022
Establish four fully serviced economic zonesRead More![](/icons/right-arrow-black.svg)
inprogress12-March-2022
Promote energy programming, budgeting and monitoringRead More![](/icons/right-arrow-black.svg)
inprogress27-April-2022
Expand electricity generation capacity to 2000 megawatts within the first two years and to 5000 megawatts within the next 5 to 10 years.Read More![](/icons/right-arrow-black.svg)
inprogress07-June-2022
Construct a mega dam with the capacity to generate 2000 megawattsRead More![](/icons/right-arrow-black.svg)
implemented17-October-2021
Introduce universal Farm Input Subsidy ProgrammeRead More![](/icons/right-arrow-black.svg)
implemented20-November-2020
Change the fiscal year to run from 1st April to 31st MarchRead More![](/icons/right-arrow-black.svg)
inprogress23-December-2022
Ensure that the rate of economic growth is higher than population growth rate with an annual growth rate of 6% for the next 10 yearsRead More![](/icons/right-arrow-black.svg)
inprogress07-September-2022
Enact interest cap legislation to limit interest rates charged by commercial banks at no more than 5% above the Reserve Bank of Malawi (RBM) Base Lending RatesRead More![](/icons/right-arrow-black.svg)
not commenced
Reduce the level of domestic and external debt from the current MK 3.5 Trillion to less than MK 1 Trillion within the next five yearsRead More![](/icons/right-arrow-black.svg)
not commenced
Support women farmers' collectives and savings groupsRead More![](/icons/right-arrow-black.svg)
not commenced
Revamp and upgrade all airports, particularly Nyika, Chitipa, Salima, Mangochi, Mulanje and Chikwawa.Read More![](/icons/right-arrow-black.svg)
inprogress07-October-2022
Review and promote a fair and effective taxation systemRead More![](/icons/right-arrow-black.svg)
broken14-May-2022
Create a favourable environment for Civil Society Organisations (CSOs) to participate in the economy and contribute to national developmentRead More![](/icons/right-arrow-black.svg)
inprogress12-May-2022
Establish new Lake Malawi tourist cities in Karonga, Salima and MangochiRead More![](/icons/right-arrow-black.svg)
not commenced
Connect all government offices and public facilities to broadband internetRead More![](/icons/right-arrow-black.svg)
not commenced
Allow new entrants to ICT sectorRead More![](/icons/right-arrow-black.svg)
inprogress08-April-2022
Review policies and constraints affecting the airline industry and increase the fleet of aircrafts for domestic operatorsRead More![](/icons/right-arrow-black.svg)
not commenced
Introduce more modern water transport vessels for both cargo and passenger services on Lake Malawi.Read More![](/icons/right-arrow-black.svg)
not commenced
Revamp support institutions for water transport safetyRead More![](/icons/right-arrow-black.svg)
not commenced
Review the water transport concession agreementsRead More![](/icons/right-arrow-black.svg)
inprogress20-September-2021
Depoliticise road development programmesRead More![](/icons/right-arrow-black.svg)
not commenced
Reintroduce the district Roads Improvement and Maintenance Programme (DRIMP)Read More![](/icons/right-arrow-black.svg)
not commenced
Exploit social media as an instrument for promoting Malawi as an attractive tourist destination.Read More![](/icons/right-arrow-black.svg)
not commenced
Forecast human resource needs and ensure our people attain knowledge fit for exploitation of non-renewable resourcedRead More![](/icons/right-arrow-black.svg)
not commenced
Develop a Comprehensive Mining Strategy (CMS)Read More![](/icons/right-arrow-black.svg)
not commenced
Finalise geo-mineral resource mapping and develop a comprehensive exploitation planRead More![](/icons/right-arrow-black.svg)
not commenced
Identify potential mineral buyers and re-establish Gemstone Marketing CentersRead More![](/icons/right-arrow-black.svg)
not commenced
Domesticate the AMV by establishing a workable and investment-based Country Mining Vision (CMV)Read More![](/icons/right-arrow-black.svg)
not commenced
Undertake investment promotion to enhance industrialisation and attract FDIRead More![](/icons/right-arrow-black.svg)
not commenced
Establish village factoriesRead More![](/icons/right-arrow-black.svg)
not commenced
Create designated spaces in metropoles as markets for Malawian merchandize and promote a Buy Malawi strategyRead More![](/icons/right-arrow-black.svg)
not commenced
Integrate the Malawi economy into the global marketRead More![](/icons/right-arrow-black.svg)
not commenced
Introduce a differentiated tax incentive schemeRead More![](/icons/right-arrow-black.svg)
not commenced
Promote rural industrializationRead More![](/icons/right-arrow-black.svg)
not commenced
Establish an Economic Empowerment Fund (EEF) with affordable interest rates for SMEsRead More![](/icons/right-arrow-black.svg)
not commenced
Enhance participation of indigenous Malawians in major government procurement and investment initiativesRead More![](/icons/right-arrow-black.svg)
not commenced
Prioritise local participation in FDIsRead More![](/icons/right-arrow-black.svg)
not commenced
Ensure that the country has adequate production, supply, and stock of petroleum fuels at all timesRead More![](/icons/right-arrow-black.svg)
not commenced
Improve the adequacy, quality and and quantity of energy distribution faciliticiesRead More![](/icons/right-arrow-black.svg)
not commenced
Construct waste management plants in Blantyre, Lilongwe, Mzuzu and ZombaRead More![](/icons/right-arrow-black.svg)
not commenced
Reintroduce training of extension personnelRead More![](/icons/right-arrow-black.svg)
not commenced
Reduce post-harvest losses to less than 10% especially among smallholder farmersRead More![](/icons/right-arrow-black.svg)
not commenced
Turn maize into a cash crop by removing bottlenecks the undermine maize marketingRead More![](/icons/right-arrow-black.svg)
implemented08-June-2021
Raise the zero-rated Pay As You Earn (PAYE) tax threshold from MK 35,000 to MK 100,000Read More![](/icons/right-arrow-black.svg)
not commenced
Multiply the current legume export value by five-fold plus, contributing towards domestic resource mobilisation driveRead More![](/icons/right-arrow-black.svg)
inprogress28-May-2021
Promote the use of structured markets to mobilize domestic resources to multiply commodity exports more than five foldRead More![](/icons/right-arrow-black.svg)
not commenced
Strengthen Government's Financial Management Systems and promote transparency and accountabilityRead More![](/icons/right-arrow-black.svg)
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