{"id":6585,"date":"2021-12-02T12:25:52","date_gmt":"2021-12-02T12:25:52","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/govt-un-embark-on-developmental-journey"},"modified":"2021-12-02T12:47:39","modified_gmt":"2021-12-02T12:47:39","slug":"govt-un-embark-on-developmental-journey","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/govt-un-embark-on-developmental-journey","title":{"rendered":"Gov\u2019t, UN embark on developmental journey"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>government of Lesotho through the Ministries of Finance and Development Planning along with the United Nations (UN) and its agencies have set in motion<\/p>\n

the two years joint programme aimed at realisation of the National Strategic Development Plan (NSDP II) and the Sustainable Development Goals (SDGs). The US$1.1 million<\/p>\n

approximately M16 219 555 programme is expected to run from October 2020 to December 2022 These developments were revealed at the virtual launch of the Joint Program on Economic and Financial Management Integration<\/p>\n

for the achievement of SDG\u2019s (JP-EFMIS) on Wednesday. The Ministry of Development Planning Principal Secretary Sello T\u0161ukulu hailed this initiative adding that it could not have come at an opportune time.<\/p>\n

He noted that the programme is a \u201cbig milestone\u201d which will see the implementation of the NSDP II and the United Nations Development Assistance Framework (UNDAF).<\/p>\n

\u201cThis program will enable the government to realize the NSDP II objectives by helping the<\/p>\n

national authorities and stakeholders to identify means of implementation that accelerate attainment of the SDG targets,\u201d he said. The PS added that the government\u2019s achievements are to, \u201c encourage and promote<\/p>\n

effective public, public-private and civil society partnerships; develop effective, accountable and transparent institutions at all levels and ensure significant mobilization of resources from a variety of sources including<\/p>\n

through enhanced development cooperation as are well articulated in the national plans. \u201d He further committed the government\u2019s determination towards the realisation of the programme.<\/p>\n

The PS pointed that the outbreak of the pandemic has thwarted the government\u2019s efforts to achieving the NSDP II goals. He underscored the need to make institutions to be more<\/p>\n

\u201ctransparent\u201d a move which he argued will assist them to mobilise more funds<\/p>\n

and resources from donors and also to \u201cutilise their available resources more efficiently under public scrutiny\u201d. T\u0161ukulu highlighted that the programme will<\/p>\n

assist the government to address these. The UN\u2019s agencies which are part of this programme are the United Nations Development Programme (UNDP), the International Organisation for Migration (IOM) and the United Nations<\/p>\n

International Children\u2019s Emergency Fund (UNICEF). UN acting Resident Coordinator Anurita Bains while applauding the government on \u201cconsiderable gains\u201d in mounting legal and regulatory reforms aimed at strengthening the Public<\/p>\n

Financial Management (PFM), she however noted that it lags behind in resource mobilisation. \u201cIn the wake of the Covid-19 pandemic, enhanced PFM will be critical to support the Kingdom\u2019s recovery to build back better.<\/p>\n

The Government of Lesotho will face limited resources amidst a heightened need to invest in the economy. Therefore, enhanced PFM, budget accountability, transparency and smart planning, through well-articulated<\/p>\n

expenditure frameworks, will allow Lesotho\u2019s resources to stretch further and may enable greater resource mobilization. \u201cThe programme will support a more informed national<\/p>\n

Covid-19 recovery plan and will include vulnerable groups that were previously omitted from PFM processes: women, youth, persons with disabilities and<\/p>\n

migrants. \u201d Nt\u0161iuoa Jaase from the Ministry of Development Planning said the NSDP II Investment Plan has four key investment priority areas with a total of 118 ongoing capital investment projects and a total<\/p>\n

resource requirement of M29.6 billion as at 2018\/2019. She also showed that as per estimates that there will be M26.3 billion of resources to be committed towards the capital<\/p>\n

expenditure but will leave a shortfall of M3.3 billion. Jaase pointed out that the development partners disbursed to the tune of US$369.61 million equivalent to M5.5 billion to<\/p>\n

Lesotho in 2019\/20, 7% less than the US$393.97 million about M5.8 billion disbursed in 2018\/19. She noted that the disbursements from foundations and international Non-Governmental Organisations (NGOs) dwindled, while the<\/p>\n

disbursements from bilaterals and multilaterals spiked. The 57.5% of resources provided to Lesotho, she said comes from multilateral agencies, 33.5% from bilateral donors and 9.0% from<\/p>\n

international NGOs. She said the UN agencies provided the largest amount of development assistance to Lesotho in 2019\/20, worth US$99.36 million which<\/p>\n

is almost M1.5 billion. The World Bank was the second largest donor, disbursing US$43.65 million approximately M645 million in 2019\/20. \u201cReliance on traditional sources of funding is no<\/p>\n

longer sufficient. Access to other sources of finance, including remittances, [Public Private Partnerships] PPPs and [Foreign Direct Investment] FDI, must be<\/p>\n

prioritized, which will require a sound political and financial landscape. \u201d The UN will offer both technical and financial assistance to the government and the programme will be led and coordinated by the Ministry of Finance (MOF) and Ministry of Development Planning.<\/p>\n

For More News And Analysis About Lesotho<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. government of Lesotho through the Ministries of Finance and Development Planning along with the United Nations (UN) and its agencies have set in motion the two years joint programme aimed at realisation of the National Strategic Development Plan (NSDP II) and the Sustainable Development Goals (SDGs). The US$1.1 million approximately M16 219 […]<\/p>\n","protected":false},"author":84,"featured_media":6584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,246,245],"class_list":["post-6585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-lesotho","tag-lesotho"],"yoast_head":"\nGov\u2019t, UN embark on developmental journey - Lesotho<\/title>\n<meta name=\"description\" content=\"government of Lesotho through the Ministries of Finance and Development Planning along with the United Nations (UN) and ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/govt-un-embark-on-developmental-journey\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t, UN embark on developmental journey\" \/>\n<meta property=\"og:description\" content=\"government of Lesotho through the Ministries of Finance and Development Planning along with the United Nations (UN) and ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/govt-un-embark-on-developmental-journey\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-02T12:25:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-02T12:47:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2021\/12\/img-61a8c053b16b0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"540\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/govt-un-embark-on-developmental-journey#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/govt-un-embark-on-developmental-journey\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Gov\u2019t, UN embark on developmental journey\",\"datePublished\":\"2021-12-02T12:25:52+00:00\",\"dateModified\":\"2021-12-02T12:47:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/govt-un-embark-on-developmental-journey\"},\"wordCount\":742,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/govt-un-embark-on-developmental-journey#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2021\/12\/img-61a8c053b16b0.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"Lesotho\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/govt-un-embark-on-developmental-journey#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/govt-un-embark-on-developmental-journey\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/govt-un-embark-on-developmental-journey\",\"name\":\"Gov\u2019t, UN embark on developmental journey - 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