Responsible Minister Jean Kalilani, made the remarks in Parliament on Tuesday, when she gave a statement on the Social Cash Transfer Programme.
She explained that the programme is a fulfillment of the vision of uplifting the status of rural people from poverty.
“The impact evaluation results of the programme strongly suggest that the Cash Transfer Programs to the ultra poor is an investment programme and important part of an inclusive growth strategy in very poor countries, hence contributing to national economic growth” stressed Kalilani.
She applauded development partners for the continuous support to the programme in ensuring that it continues achieving its goals.
Tagettting 10% of the ultra poor and labour constrained households in Malawi, the programme is anchored under the National Social Support Policy, and is one of the flagship instruments under the National Social Support Strategy.
It is available in the country’s 28 districts; and is currently at full scale in 18 of the 28 districts; reaching about 176, 000 households.
Out of the 176, 000 households comprising 756, 416 individual members, 63% of them are children.
Kalilani further pointed out that when all the districts in the country are covered, the programme is expected to benefit 319, 000 households with 1.5 Million individual members.
She briefed members that beneficiaries are paid an average of K7, 000 monthly transfers to a household.
An impact evaluation study of the programme conducted between 2014 and 2016, revealed an improved consumption of food security and material needs and increased economic productivity and asset accumulation.
It also showed a safe transition to adulthood for beneficiaries in cash transfer households; registering delayed sexual debut and an increase enrollment and school participation.
Kalilani cited the need for an additional funding of K280 Million to cover operational costs for all the 28 districts.