The Ministry of National Development Planning has developed the Public Investment Management Guidelines that were issued in 2019 for Ministries, Provinces and other Spending Agencies to follow when developing projects.
Speaking during the first Public Investment Meeting at Mulungushi International Conference Centre in Lusaka, Public Investment Board Chairperson Christopher Mvunga said the guidelines are aimed at establishing a systematic and standardized framework and process for identification, development, review and approval of public investment projects in Government.
“These guidelines are an essential part of the work of the Board as they provide the institutional framework that will inform the way the Board will conduct business,” he explained.
Mr. Mvunga further disclosed that Cabinet Office has issued a circular to all Controlling Officers to ensure that the guidelines become a critical basis for identification and selection of projects.
“Following the issuance of the guidelines towards the end of 2019, Ministries have started submitting projects for review to the Ministry of National Development Planning,” he said.