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GVT TO TABLE ZERO-AID BUDGET; MALAWIANS SHOULD BRACE FOR TOUGH TIME

Economics Association of Malawi (ECAMA) President Nelson Mkandawire has said Malawians should brace for tough time a ahead  of 2014-2015  Zero-aid budget the government  is yet to table in Parliament.
Mkandawire was quoted saying this at one of the local media houses in the country (ZBS).

The development comes as all Development Partners to the country have not shown any commitment to provide monetary support due the scandal of plundering of public resources that happened during the era of Former President Dr. Joyce Banda which was revealed after the shooting of Former Budget Director Paul Mphwiyo.

In his speech, Mkandawire said the Zero-aid budget will see Malawians digging deep in their pocket to make the budget work

“Honestly this will be challenging to most Malawians as most of them live below poverty line”, he said.

The Zero-aid budget is not new to Malawians as it was also implemented during the late Professor Bingu Wa Mutharika’s regime a brother  to the current President.

The budget saw huge taxes being implemented to solicit funds for the  implementation of the budget and many Malawians cried.

Meanwhile it is yet to be seen how this budget will be as Minister of Finance Mr Goodall Gondwe is expected to table it tomorrow.

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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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