Donors open to resuming budgetary support to Malawi

25

Government says multilateral donors are open to resuming budgetary support to Malawi this year. Minister of Finance Goodall Gondwe revealed this when presenting the mid-year budget review statement in Parliament on Friday.

For some time donors have been coy to help Malawi ever since news about theft of resources also known as Cashgate at capital hill hit headlines during former President Joyce Banda’s reign.

Government was later given conditionalities by some donors to achieve before aid could resume.

Goodal Gondwe

Goodall Gondwe, told the Parliament donors ready to support Malawi.

But on Friday the finance minister said it is encouraging that the donor community has observed a discernable improvement in public finance management reforms that are being pursued by the treasury separately from the public sector reforms spearheaded by the vice president.

He added that on the improvement of financial management, the country is more likely to receive budgetary support from multilateral organisations.

Gondwe said such organisations are among others the World Bank which has expressed publicly that it is confident that its earmarked amount of US$80 million as a budgetary support could be disbursed this financial year assuming their conditionalities would have been achieved.

“We also expect the European Union to disburse an amount of more than US$20 million and this will be on top of some budget support that had already been provided by the African Development Bank,” he said.

The minister further said that government expects that the IMF will disburse more than US$20 million when they complete their ninth review of the Extended Credit Facility (ECF) within this financial year.

Share.

25 Comments

  1. Ndani? Goodall Gondwe? Is a big liar! Konseku mkuti ayambeno kutidyera ndalama zamisonkho yathuyi mofasa. Ife tili akutafuna za ma donor. Asitsiranji Budget ya trillion ija ngati support ikubwera? Q

  2. Blantyre, Zomba, Mzuzu and Lilongwe needs world class stadiums, tifanane ndi maiko anzathu. Tikuthokoza boma chifukwa layamba kale ku Lilongwe

  3. my name is Lucy Kalonga and this is a testimony of how i got cure from HIV/AIDS, i have being suffering from hiv/aids for the past 8 years without the expectation of being cure, i was on ARV, despite the ARV i was not comfortable and there was nothing i could do because i knew and i was told by my doctor that there is no cure for HIV/AIDS, my dream of getting cured came to past the day i came across a testimony like this on a face book page of how someone was cured through the help of dr Abumen herbal medicine, i was advice its not real that there is no cure but something keep telling me to contact him, of which i later did and the cure was sent to me with an instruction on how to use it which i did accordingly and went for a test, to my greatest surprise the result was negative i could not hold back the tears of joy running down my chick my doctor was shocked, i thank God that am finally cured from hiv/aids, DR ABUMEN is an herbal specialist that can cure hiv/aids, cure, you can contact dr abumen on his email address doctorabumen@gmail.com and you can also call or whatsapp his number which is {+2347085071418} please share to save lives.

  4. Kukhala odzilamulira kwa dzaka 51 koma kumadalira zopatsidwa ndiye ndikukhala chinthu chonyadira olo mwana akamapemphapempha makolo amamuletsa tayesetsani atsogoleri chiwelengelo cha a malawi chochepa kuyelekeza ndi mzinda new york koma atsogoleri odzitcha o phunzira kukanika kuyendetsa kadziko kochepa kumangot mapulofesa zazii osati kuba kokha koma ufiti ndi nkhwidzi

    • Ineso ndimadabwa kuti the most educated president fails..while the less educated..atleast there were no deep troubles like this.its not education,but wisdom that can gavern

  5. Ndetu akakupatsani thandizolo muchotse misonkho yomwe mukutipha nayoyi. At least muziba za ma donors not za ma poor innocent Malawians.

  6. CHIDZIKO CHAMALAWI CHONGOFUNIKA KUCHIGULITSA WENA ACHITENACHO BASI. CHAFIKA POSAUZANA BASI. NDIPO INE NDIKAMAONA ANTHU ANDALE SIMONDINYANSA MFITI ZOTAMBA MASANA. ZOPANDA CHISONI NDI ANTHU ENI NTHAKA.

  7. ma Civil servants kupusa,angokunamizani,kukuberani misonkho yanu ,ena mpaka lero sanalandire malipiro awo.Ma arears mpaka lero.Anzanu akunyanyala ntchito inu kumangolirira muBulangeti.Kupusa mpaka leroli.

  8. that we call the dynamic leadership of professor Arthur Peter muthalika and saulos ana amuna clause chilima under the mighty Democratic Progressive Party (DPP)2019 sesaaaaaaaaaaaaa!!!!!!! ana achepa awa

  9. We need to communicate our concerns to these donors. Not Just yet. There is alot to be done by this corrupt president before budgetary support resumes.