DISASTER RISK SENDAI FRAMEWORK COUNTRIES & REGIONS THEMES HAZARDS KNOWLEDGE BASE
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Disaster risk financing and implementation plan (2019 - 2024)

  • Publication date: 2020
  • Author(s):Ministry of Finance, Economic Planning and Development
  • Source:Malawi - government

In recent past years, Malawi has experienced severe disasters which have resulted in fiscal pressure and macroeconomic instability. It is in this context that this Disaster Risk Financing Strategy (DRFS) has been developed, which outlines strategic priorities and financial instruments to be adapted. The DRF strategy will enhance Malawi's financial resilience to disasters through sound risk assessments; a portfolio of adequate disaster risk finance instruments; mechanisms and clear rules which ensure that resources are channelled efficiently to intended beneficiaries; and continued disaster risk reduction efforts. The DRF strategy will, therefore, act as a reference document for all relevant stakeholders in understanding the fiscal risks of disasters as well as financial instruments that the country will employ in the next five years to anticipate, prepare and better respond to natural disasters.

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Keywords

  • Themes:Economics of DRR
  • Countries/Regions:Malawi

  • Short URL:http://preventionweb.net/go/71969

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