Strategic Plan 2015 – 2018.

The vision of the present Strategic Plan is stated as follows: “To be a dynamic and efficiently managed institution of public finance, economic management and development planning to achieve sustainable economic growth and transformation”. The mission of the Plan is to promote inclusive sustainable growth and development through efficient resource allocation, equitable wealth distribution, prudent financial management, integrated development planning, coordinated economic management, and well-formulated and implemented policies.
Over the next 3 years, the following shall be achieved: 1) Deep-rooted macro-economic stability by maintaining favorable fiscal, monetary, trade, and exchange rate policies; 2) Efficiency, innovation, responsiveness, and transparency in public financial management, and 3) A policy and administrative environment that fast-tracks broad-based private sector growth and development thru the framework of the Agenda for Transformation (AfT) .
Five strategic priorities and 25 intended outputs were also identified. These comprise the core elements of the present Strategic Plan. The strategic priorities 2015 to 2018 are as follows: 1) Project a more positive image to effect more profound change in the way public service is considered and delivered; 2) Using a consultative approach, formulate and install a more efficient and effective tax policy regime; integrate treasury management functions at the MACs and county levels to ensure full compliance with the PFM and associated laws and regulations by the end of 2016/17 fiscal year; 3) Set into place systems for quarterly monitoring and annual reviews of development in the domestic sectors of the economy and the global environment, the domestic investment climate, and price trends to inform new economic modeling and guide fiscal, aid, and monetary policy development; 4) To create a budget framework with the execution matching the appropriations,achieving a minimum of 75% alignment of national priorities with sector development strategies, with all public resources and expenditure reflected on budget and in IFMIS, and with increased public access through published budget information; 5) Ensure appropriate resourcing of all MFDP departments through sustained staff reprofiling and professional development, optimum and austere utilization of financial resources within the budgetary framework, and proper logistical support and services while championing the implementation of the strategic plan.
The text consists of 6 Parts as follows: Introduction (1); Overview of the Ministry of Finance and Development Planning (2); MFDP Situation Analysis (3); MFDP Strategic Objectives (4); Strategic Plan Implementation Outline (5); Monitoring and Evaluation (6).