Malawi govt formulates 2014-2015 national budget without donor aid

Date:

The Malawi government has started working on the 2014-2015 national budget that does not encompass direct budget support from the donors, according to Finance Minister Maxwell Mkwezalamba.

Mkwezalamba denies that the government will be implementing the controversial zero deficient budget, which was widely criticized during the Bingu wa Mutharika era.

It comes after donors have clearly said that they will not resume direct budget support to Malawi in the absence of tight public finance paying system.

On his part, Common Approach to Budgetary Support (CABS) Co-Chairperson, Alexander Baum hails the move saying donor aid is always conditional.

Speaking on the same issue, Malawi Economic Justice Network (MEJN) Executive Director, Dalitso Kubalasa says donor aid suspension results into untold suffering of the poor thereby challenging the authorities to walk the talk in building donor confidence.

(Visited 19 times, 1 visits today)

2 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Featured Video

click to play

Popular

More like this
Related

Accept It, I’m Now The Second Wife – Woman Clashes With First Wife

A MARRIED woman recently clashed with her husband’s girlfriend...

Police Recover Stolen Property In Mzuzu

Property worth K4 million has been recovered in Mzuzu...

Sandal|| Prophet rapes, impregnates his two cousins

POLICE in Bulawayo have arrested Hitler Chanda Chaterera (35)...

Watch|| Young Man Beats This Lady n@ked After Online Argument

This young man and lady in this viral video...