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THE GREAT TRANSFORMATION PLAN

Economic

The success of the GTP will depend primarily on strong macroeconomic fundamentals, which will include among other things, a stable currency, low inflation, sustainable debt levels, revenue optimisation and tight expenditure control which will guarantee fiscal balance, low interest, strong external reserves backed by high levels of liquidity to support the financial sector. 

The Economic cluster of the GTP focuses on 4 Focus areas and 22 themes with 152 policy prescriptions as follows:

A Strong Macroeconomic Environment

  • Inflation
  • Low Competitive Interest Rate
  • Stable Currency
  • Expenditure Management & Control
  • Increasing Financing for SMEs
  • Revenue Optimization and Debt Sustainability Management.  

Industrial Transformation

  • Boosting Local Production & Productivity
  • Strategic Anchor Industries)
  • Promoting Export Diversification
  • SME Development
  • Business Regulatory Reforms (BRR)
  • Public-Private Dialogue (PPD)

A New Agricultural Revolution

  • Enhancing Agricultural Production & Productivity
  • Agricultural Marketing and Distribution
  • Agricultural Financing

Tourism

  • Enhancing Agricultural Production & Productivity
  • Agricultural Marketing and Distribution
  • Agricultural Financing

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