UN, development partners to mobilise US$2,8 billion for local projects 

By Stanley James

THE United Nations and other development partners have resolved to mobilise over US$2,8 billion under a five year programme for socio economic development projects in Zimbabwe.            

The set budget is under a new Zimbabwe United Nations Sustainable Development Cooperation Framework that was unveiled in Harare this Wednesday.

The latest development comes after over US$1,7 billion was mobilised under the UN Development Partner Support from 2016 to 2021.     

With a focus on post COVID-19 recovery and building a better Zimbabwe, it is our hope that the latest budget will go a long way in addressing challenges on the socio economic front and identifying key needs of the economy,” said Mr Edward Kallon, United Nations Resident Coordinator.

For the European Union, it is all about commitment to mobilising financial and technical assistance as explained by European Union Head of Cooperation, Mr Frank Porte.

The EU intends to even further it’s support to Zimbabwe. Currently, we are looking at more support on the humanitarian side, financial system and overall technical support,” he explained.

According to the Chief Secretary to the President and Cabinet Mr Misheck Sibanda, government is indebted to the UN and its development partners in strengthening the country’s economic resilience.                 

“Such support structures help in facilitating growth of the economy especially through the NDS 1 where more support is needed to sustain the economy,” he said.     

Some of the key projects under the new cooperation framework are in the areas of food and nutrition security, economic value chains, human capital development, environment protection and climate resilience, youth and culture, health and wellbeing, as well as gender.