Social Accounting Matrix (SAM)-based multiplier analysis is a powerful tool for examining the economic impact of various policies and investments across different sectors. By using a Social Accounting Matrix, which provides a comprehensive snapshot of an economy, analysts can simulate how changes in one part of the economy affect the whole system. This methodology is invaluable for making informed decisions that foster sustainable economic growth and equitable development.
On 11 January 2024, IFPRI Malawi organized a workshop on economywide modelling for investment and policy prioritization. The workshop centered around SAM-based multiplier analysis, aimed to enhance the participants' skills in policy and investment prioritization. The workshop took place at the IFPRI Malawi office, Lilongwe and was attended by stakeholders from the department of Economic Planning and Development of the Ministry of Finance, National Planning Commission (NPC), and the Lilongwe University of Agriculture and Natural Resources (LUANAR). Henry Kankwamba, Associate Research Fellow of IFPRI's Foresight and Policy Modelling Unit conducted the workshop, which was attended by 7 participants.
The key outcomes of this training were evidence-based decision guides, and a policy brief for the Affordable Input Programme (AIP) implementation.
