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| Chanco in economic management project |
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by
Ayam Maeresa, 02 September 2003
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16:42:19
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Chancellor College’s economics department is taking part in a joint four-year project between government and the European Union (EU) to build up human skills in a bid to improve ways of managing the national economy.
Principal Francis Moto said on Thursday in Zomba at the start of a three-day capacity building workshop for economic stakeholders the college will play a central role in achieving the goals of the project because it serves as the cooking pot for producing economists.
He said the department, which recently introduced a parallel masters degree in Economics for working or business people hunting for post graduate training after taking full time students for 11 years, will strive to deliver in areas of both education and research.
Moto said the department was part of a group of first eight respected university economics units in the African region and has trained economist from across the continent.
Team leader Andrew Tench said the initiative dubbed “Capacity Building Project for Economic Management and Policy Coordination” gives direct financial support to ministries of Finance, Economic Planning and Development and the office of the First Vice President Justin Malewezi. He said the project will try to improve on policy analysis.
Tench said the project will provide funding for specialised training for economists with the college or elsewhere to develop the country’s human resource base.
He said training will be both short term and long term. The project will also encourage studies aimed at improving economic management, he said.
Tench said the project will try to improve relations between government and the private sector, while emphasising on the spirit of openness.
Said Tech: “We have very limited resources and we have got to manage them efficiently.”
Deputy Minister for Economic Planning and Development Khwauli Msiska said the project will help the country run its poverty reduction and economic growth strategies.
He said the need for well trained economists is paramount now that the country needs to adapt to global trends such as globalisation gunning to open up world trade.
“This is an investments that should leave a mark on development,” said Msisha. |
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