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Goodall tables K1.2 trillion 2016/17 national budget

Minister of Finance, Economic Planning and Development Goodall Gondwe on Friday unveiled K1.2 trillion national budget for 2016/17 financial year.

The national budget for the just ending fiscal year was K917 billion.

Delivering his budget statement, Gondwe assured the House that cooperating partners, mainly the World Bank and European Union will resume budgetary support.

The Ministry of Agriculture, Irrigation and Water Development has been allocated K198.5 billion; Ministry of Education K147.6 billion and the Health ministry will get K95.8 billion.

The budget is subject to Parliament’s approval.

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Robert Ngwira
Robert Ngwira
Attended Our Future Private Secondary School in Rumphi from 2006-2009 Holder of Diploma in Journalism from Malawi Institute of Journalism (MIJ) Hobbies, reading newspapers, going out with friends, listening to radio and watching football. Email: info@faceofmalawi.com

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