SADC Financial Regulations Effective 1 April 2013
PART
IV
-‐
BUDGET
Regulation
26
–
Medium
Term
Strategic
Plan
1. The preparation of the budget will be informed by the SADC Medium Term
Strategic Plan (MTSP) including the annual review.
2. Every five years, the Accounting Officer shall prepare a draft MTSP for
approval by Council as set out in the Policy and Guidelines for Strategy
Development, Planning, Monitoring and Evaluation (SPME).
3. In accordance with the Policy and Guidelines for SPME referred to above, the
Accounting Officer shall conduct an annual review of the MTSP resulting in an
Annual Strategy Update Brief for Council approval no later than at the August
Summit Meeting each year.
4. Once approved by Council, the Accounting Officer will issue the Annual
Strategy Update Brief to SADC Directors and Heads of Units to inform
preparation of the Annual Corporate Plan (Operational Plan and Budget).
5. The Annual Strategy Update Brief shall be prepared in accordance with the
appropriate guidelines, and shall at least:
a) assess the extent to which the objectives, priorities and targets are
consistent with the RISDP and SIPO priorities;
b) assess past performance of achievement of priorities and targets and the
resulting impact on future priorities and targets;
c) highlight the main emerging issues influencing the strategic context and
confirm policy directions or recommend changes for the rest of the
MTSP time frame;
d) provide analytical commentary on the external economic environment
and its implications to the region including analysis of how the external
environment has affected the region over the previous three years, the
current year and forecasts for the next five years;
e) provide trend analysis of and assess the macro-economic situation and
statistics of Member States for the previous three years and the next five
years over a wide range of economic variables including the following –
(i) GDP Growth;
(ii) External Debt/GDP %;
(iii)Interest Rates;
(iv) Inflation Rates;
(v) Budget Deficit/GDP%;
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