Q FM Africa's Modern Radio
Cabinet has approved the Public-Private Dialogue Mechanism aimed at fostering private sector development, inclusive growth and economic development in the country.
In a statement obtained by Q-News, Minister of Information and Media and Chief Government Spokeserson, Chushi Kasanda says the decision was made during the 6th Cabinet meeting in the year 2022,held on Monday,21st March,2022.
Ms Kasanda says the Public-Private Dialogue mechanism will provide a forum at which the public and private sectors will freely engage on policy issues that will facilitate the socio-economic transformation.
She says it will not only provide a platform at which stakeholders and beneficiaries will be sensitized on policy issues, knowledge sharing, advocating for change, increasing ownership of the country’s transformation agenda and improving transparency in decision making, but also facilitate the exploring of medium and long-term co-financing opportunities from private sector, Government and development partners.
Ms Kasanda states that the Public-Private Dialogue which will be referred to as the Forum for Public and Private Engagement, will be anchored in the Office of the President and will be chaired by the President.
She adds that to ensure effective operation of the Forum for Public and Private Engagement, a secretariat will be established in partnership with key sector umbrella organizations to set the agenda for the forum and lead coordination and day-to-day activities.
Ms Kasanda says the implementation of the proposed Public-Private Dialogue mechanism will unlock and create investment opportunities in the country and will further accelerate social economic development, resulting in job creation, increased access to income and social services.