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.
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.
Malawi will remain poor until Jesus comes back.
shaaa kutereko nwazichalira kare kuti muzanyoporeso ? hehehe muli pa ch tchit
Africa is going to benefi more from Western nations now than ever b4 bcoz they r not united as they used to be bcoz of brexit & trump
don”t mess up again
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
Blantyre, Zomba, Mzuzu and Lilongwe needs world class stadiums, tifanane ndi maiko anzathu. Tikuthokoza boma chifukwa layamba kale ku Lilongwe
Thus the way we live, we need to appreciate where the government has done good.
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The same minister told us that Malawi can do without multilateral donors so to day what is he talking about, he has swallowed his words isn’t it!
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
Ndetu akakupatsani thandizolo muchotse misonkho yomwe mukutipha nayoyi. At least muziba za ma donors not za ma poor innocent Malawians.
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.
Zamuwawa akakolope nyanjaa
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.
civil servants wooyeeeeeeeeeee!!!!!! salary woooyeeeeeeeeeee!!!!!!!111
Eti cHakWEla wakomoka!..Amayi nawonso apita pachabe ku america.
Mubenso akuba inu,
Boma ilo
Mubwera ndi njira zoti Mubemonso. Mnsonkho wanga umandipwetekatu ndikuuzen.i
Tiona ngati ziri true
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
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.
Donald Trump may be
Bodza ili