Budget Archives

30% of IMF aid will be siphoned to 2021 financial budget

Oct 23, 2020 Sibu M. Mokoena 0 &

30% of the $102 million aid that the International Monetary Fund dedicated to Malawi will be directed towards the 2021 financial budget in order to shore up the issues caused by the recent pandemic. The… ...

Continued delay to implement K100,000 tax free band irks Malawians

Oct 15, 2020 Malawi24 Reporter 0 &

The Tonse Alliance government has come under fire from Malawians over the continued delay to implement the K100,000 tax free band. The implementation of the tax free band was one of the key campaign promises… ...

Parliament passes K2.2 trillion budget

Oct 14, 2020 Martha Chikoti 0 &

Parliament on Wednesday passed the K2.2 trillion 2020/21 national budget. The budget was passed after completion of committee of supply where members were debating each allocation vote by vote. Speaking with reporters, Minister of Finance… ...

Low budgetary allocation affecting completion of health facilities– Health rights activists

Sep 29, 2020 Malawi24 Reporter 0 &

Written by Morton Sibale – Mana Malawi Health Equity Network and the Action Aid Malawi have bemoaned low allocation to the health sector, saying it is affecting the completion of the construction of health facilities… ...

Mwanamvekha says Kwacha on free fall: K900 for US$1 on black market

Sep 29, 2020 Mwayi Mkandawire 0 &

Democratic Progressive Party (DPP) spokesperson on finance Joseph Mwanamvekha says the government's estimation of a stable exchange rate is a mere wish as the black market Kwacha to United States Dollar rate is already at… ...

Parliamentary committee wants more spending on development projects

Sep 28, 2020 Martha Chikoti 0 &

The Budget and Finance Committee of Parliament has urged government to allocate more funds to productive development projects which will spur economic growth. Chairperson of the Budget and Finance Committee Gladys Ganda made the remarks… ...

Tonse’s promise to create one million job is cheap talk – DPP

Sep 28, 2020 Mwayi Mkandawire 0 &

The Democratic Progressive Party (DPP) says the Tonse Alliance’s promise to create one million jobs in one year is cheap talk since the 202/21 national budget does not include ways of stimulating job creation. DPP… ...