Ministry of Finance Archives

Implementation of K100,000 tax free band delayed

Jul 07, 2020 Mike Lyson Zgambo 0 &

The Ministry of Finance says the K100, 000 tax free band will not become effective this month. This is according to the press release signed by Peterson Ponderani who is Acting Secretary to the Treasury.… ...

Malawi Finance Minister presents K2 trillion budget

Jun 12, 2020 Mwayi Mkandawire 0 &

… Says budget cuts inevitable Malawi’s Minister of Finance Joseph Mwanamvekha on Friday presented a K2 trillion 2020/21 budget but warned that government will face challenges in revenue mobilisation due to the Covid-19 pandemic hence… ...

Malawi gets K18 billion from EU

Nov 25, 2019 Mwayi Mkandawire 0 &

The European Union (EU) has given Malawi €22 million (about K18 billion) to support government’s efforts to improve the transparency and accountability in the use of public funds. The funds will support Public Finance Management… ...

Over one million Malawians face hunger

Oct 03, 2019 Mwayi Mkandawire 0 &

More than one million Malawians are at risk of starvation this year, government says. In a statement today, Cliff Chiunda, Secretary to Treasury in the Ministry of Finance, Economic Planning and Development said the affected… ...

Mwanamvekha presents K1.7 trillion budget

Sep 09, 2019 Mwayi Mkandawire 0 &

Minister of Finance, Economic Planning and Development Joseph Mwanamvekha on Monday presented a K1.7 trillion budget which he hopes will deliver inclusive growth, infrastructure development and economic empowerment for a majority of Malawians. In the… ...

Mwanamvekha welcomes pre-budget suggestions

Jul 24, 2019 Martha Chikoti 0 &

Minister of Finance, Economic planning and Development Joseph Mwanamvekha says his ministry is ready to get proposals from Malawians on the 2019/2020 budget. Mwanamvekha made the remarks at Bingu International Conference Centre (BICC) in Lilongwe… ...

Govt clueless on what to do with K16 billion

Jun 05, 2018 Malawi24 Reporter 0 &

Government has claimed that it has K16 billion at the Reserve Bank of Malawi (RBM) and it does know what to do with it. According to Ministry of Finance spokesperson, David Sado, the K16.2 billion… ...