Minister of Finance Economic Planning and Development Goodall Gondwe has admitted that the Malawi government is working under pressure, amid increased woes hitting every sector of the economy.
The revelations were made in Lilongwe during a high level dialogue between Cabinet Ministers and the Civil Society Community (CSOs) where the latter had demanded an explanation on the state of the Malawi’s economy.
In his remarks the Finance Minister also advised Malawians to express patience citing that current economic performance cannot be impressive with 30 to 20 per cent of the resources defended on.
“We must adjust to that level and that’s a problem because we need to embark on stringent adjustments and reforms in our expenditure of resources.
“Production is not as high as it used to be, so we cannot expect to generate as much revenue from tax as the case was before. This low production is partly due to the ill weather conditions that hit the country in the last growing season,” said Gondwe.
According to Gondwe, government is among others, reprioritizing activities and mobilise more resources through tax reforms.
“A number of people who are not used to paying taxes will have to start paying taxes. We cannot afford a luxurious life under the circumstances,” reasoned the minister further adding that public resources would have to be used as intended and efficiently, ” he added.
Malawians are grappled with increased inflation, mass unemployment and widespread poverty.
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We all know that the situation is beyond our level of understanding. But don’t forget that there are alot of unemployed young poeple out there who can play a major role in the developing the nation, why sticking to old dudes like Ggondwe let the young dudes be given the post i.e 10,000 teachers are yet to be employed and you do nothing if the goverment have decided not to employ them, is it holding there certificates? Give them there certificates so that they look for a green pasture somewhere. In so doing these young men will lead to the development of the nation in one way or another.
man athuwa2 pakufunikadi athamange basi aoneko mavuto.ngati omwe anali ku Mozambique mbuyomu,
Hope things will change for better. God bless malawi. Bail us out from these economic challenges
Mpaka apapa inu apapa ,zankutu
A real Malawian at this point will say NO PAINS NO GAINS. 2015 a year without donor support, a year of floods making it a year of hunger aswell. Zikufuna anthu okhazikika m’maganizo izi. See what global fund has done now despite some traitors went there with a damage.
fire burn de bombocrat regime,xo where iz malawi?de peace country!ithink kwachuluka ndikuba!!ndizovva izi zimadana ndidyera ndichifukwa mukulephera!
Kkkkkk! Yaikazi inali yamkaka eti? Yamphongoyo ndi professor ndiye anthu simunaphunzire njira zake. Kuyang’ana kungolokotu ndi style. Kadaulo ameneyo, kuyendetsa cham’mbuyo. Kkkkk!
ophuzila akulephelatu awa
ya preasure is there but he will gain momentum and move forward
Yes, things are going bad now but I don’t blame the government nor anyone else. My hope is that soon we will be on better position. I do not recommend donors to assist us with huge sum of interest in return. and to my vie it is donors who have destroyed this country I don’t want them back. vuto lilipo ndilakuti anthufe sitiziwa kuti ma donors aja satithandiza ulele, timapasaso chiongola dzanja chambiri nkani mukuwaona ali olemela. amalemelera maiko osauka amu Africa. I should also urge the Government as it is going on Republic Reforms to also go through on sanctions that we have on economic. am saying this cause there might such sanction that is hindering from development of this country. a UN komanso a IMF ndi ma organization amene amaoneka pamaso ngati achisoni ali owononga to gain their pleasure over poor countries koma anthu ambiri sadziwa.
munavotera nokha lero siizi!
mmaona ngati kuyendetse boma ndimasewera. ovutikandife anthu wamba. ine ndiye ndidzabwera kumeneko after his term kkkkkkk
We Malawians ask for the National Day of Prayer from the President to pray fo all these problems. In God We Trast!
sometimes there must be too much sun to rain, sometimes you have to kill your Goliat to succeed. we will rise Malawi
Amzao 2yrs anasinthako zinthu koma amati ndimbuli nanga ophunzirawa asintha chani kutenga mudzi kupitanawo ku america mmm sitinati kulira amalawi utsogoleri uwu unayamba ndi kulira flag analira
zinthu zakuba supindura nazo tiyen nazon musadandaulire ife tili kale ku exile ife or mwina tingokumaniza nd mozambik tanen muthamange anthu oipa inu.