Public Sector Investment Plan 2015/16 – 2017/18.

The Public Sector Investment Plan is a national plan with a multi-sectoral approach. The timeframe of the Plan is 3 fiscal years between 2015 and 2018. The purpose of the PSIP is to ensure a transparent management and budgeting for the efficient and effective allocation of available and planned resources.
In order to achieve the development at community level, public sector investment projects will be applied to strengthen local village governance systems, promote community development, strengthen social safety nets including social protection measures, mainstream gender and disability in policy development, and to ensure institutional strengthening of civil society.
Public investments will be encouraged in (i) agriculture and fisheries sector, with attention to high value added processing of products, organic products, capacity building at the community and village level, and to the policy, strategic planning and management capability to support sustainable agriculture development, (ii) water sector to take measures for inadequate water treatment capacity, losses in the water systems as well as the competing demand of water resources from hydropower and irrigation, and (iii) energy sector to promote renewable energy and energy efficiency. Business development, including small-scale enterprises and rural businesses, will be promoted through the public investment in the trade, commerce and manufacturing sector. An Export Authority will be established to provide essential export and marketing services. Export of niche, organic products, crops, and livestock products will be promoted. The efficiency and effectiveness of public service will be raised to support the private sector and community.
Public sector investments will also be encouraged to enhance resilience to meet the impacts of climate change and natural disasters, through activities such as developing technology for the seismograph network, weather forecasting systems and met warning facilities, establishing an Adaptation Fund, and developing projects on agro-ecosystems and biomass gasification.