Expert calls for prudence on budget allocations

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An economic expert in the country says there is need to use wisely the funds allocated in the 2016/17 national budget.

Ben Kalua, a Chancellor College economist, said since Malawians will cough up 80 percent of the national budget, prudence need to be followed when using funds allocated in the budget.

Ben Kalua

Kalua: Calls for prudence.

“There is need to exercise prudence when using the money allocated in the national budget,” said Kalua.

He added that Malawians will be expected to put in lots of money in the budget and it will be a great burden to the business sector.

Kalua further said that the most worrying aspect is what this will mean to prospective investors.

According to Kalua, the country had lots of problems like natural disasters and cashgate scandal which has brought financial problems.

The 2016/17 national budget is at 1.2 trillion Kwacha of which 80 percent is expected to be sourced locally through tax whilst the other part will be from donors.

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2 Comments

  1. THE TRUTH HAS COME OUT!!!
    I first held about ONESIMUS joining illuminati then after few months it was GWAMBA, I also held the whole story of LATE GRACE CHINGA
    These stories did not shock me much till I saw these lyrics of the new song called MAJOR GOOOOGLE by the veteran Malawian gospel artist MASUDI KHONJE .fame (KUKWERA MAPIRI TIKUITANA)
    The most shocking part in his lyrics of this song is that he worships PROPHET SHEPHERD BUSHIRI (MAJOR 1) which is common in ONESIMUS and GWAMBA`S songs which confirms to me that MASUDI KHONJE is one of them.
    Check out for the song lyrics

    MAJOR GOOOOGLE
    Aaaaaaaaaah iyeeeh!!!
    (Chorus)
    Major do something – Major goooogle
    Do something – Major goooogle
    In my career – Major goooogle
    Financial breakthrough –Major goooogle
    In my marriage – Major goooogle
    Do something – Major goooogle
    (Verse)
    Arise to praise my God ,my national praise
    International dance, supernatural God
    Melody in my heart , Jesus to my right
    Major on the lead ,with supernatural grace
    I praise him happily , no stress
    Surrounded with angels and loin of Judah
    Aaaaaaaaah iyeeeeeh!!!!!
    (Chorus)
    Do something – Major goooogle
    Major do something – Major goooogle
    In my business – Major goooogle
    I need healing –Major goooogle
    Just locate me – Major goooogle
    Please do something – Major goooogle
    (Verse 2)
    Through the name of Jesus , Major Major goooogle out
    When I face challenges , Major Major goooogle out
    Am in a stress free zone, Major Major goooogle out
    To my left to my right x2, can I feel the house
    Major Major goooogle out iyeeeeh!!!!!!!!!!
    (Back to verse 1)
    When I rise up in the morning, feel`d with praise
    Saying father your precious , with supernatural praise
    Aaaaaaaah iyeeeh!!!
    When I rise up in the morning, feel`d with praise
    Saying father your precious , with supernatural grace
    Ooooh ooooh Aaaah!

    (Chorus)
    Major do something – Major goooogle
    Do something – Major goooogle
    In my career – Major goooogle
    Financial breakthrough –Major goooogle
    In my marriage – Major goooogle
    Do something – Major goooogle