Month: October 2020 Posts

Parliament approves K57 billion loan for watershed project

Oct 21, 2020 Martha Chikoti 0 &

Parliament on Tuesday approved the borrowing of K57 billion for the Malawi Watershed Services Improvement Project. International Development Association (Malawi Watershed Services Improvement Project) Loan (Authorization) bill will allow government through the minister of Finance… ...

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… ...

Malawians have been cheated – DPP

Sep 12, 2020 Mwayi Mkandawire 0 &

The opposition Democratic Progressive Party (DPP) says the Tonse Alliance Government has cheated Malawians because it has not fulfilled several of its promises through the K2.2 trillion budget. DPP spokesperson of Finance in Parliament Joseph… ...

Malawi Budget: No passport fees cut, removal of connection fees

Sep 11, 2020 Mwayi Mkandawire 0 &

In its first budget, the Tonse Government has failed to deliver on popular promises to reduce passport fees and remove fees on utility connections. The Tonse Alliance, during the campaign for the 2020 presidential elections,… ...

Malawi Minister of Finance presents K2.2 trillion budget

Sep 11, 2020 Martha Chikoti 0 &

Minister of Finance Felix Mlusu on Friday morning presented a K2.2 trillion, with the highest allocation going to the Ministry of Education. The 2020/21 budget is about 30.6 percent of the country’s GDP and represents… ...

Chilima wants punishment for officers who ignore public finance management guidelines

Aug 06, 2020 Mwayi Mkandawire 0 &

Vice President Saulos Chilima says the government should punish Controlling Officers who fail to adhere to public finance management guidelines. Chilima made the remarks on Wednesday during a meeting with Minister of Finance Felix Mlusu… ...

Chakwera fails: Zero Cabinet, rescinds tax band, rebuffed by Msiska

Jul 08, 2020 Malawi24 Reporter 1 &

Indecisive! This word sums up president Lazarus Chakwera's first nine days in office. Chakwera was elected president in the June 23 Fresh Presidential Elections and was sworn in on June 28. He immediately got to… ...