Category: National

* In order to achieve set targets for smooth budget implementation * Second half has been drawn with full consideration of developments during the first half * Total revenue and grants are projected at K875.8 billion * Of which K621.6 billion is domestic revenue and K254.2 billion are grants By Duncan Mlanjira Finance Minister Felix Mlusu has told Parliament sitting in Lilongwe on Friday that in the second half of 2020/2021 fiscal year, Government will continue with its efforts…

Read More

Finance Minister Felix Mlusu * Representing 94.0% of the target * Domestic revenue collection was projected at K1.179 trillion * As Finance Minister presents the 2020/2021 mid-year budget review * This has been achieved in the hardest of times characterised by subdued economic activity due to COVID-19 pandemic By Duncan Mlanjira At the time of budget formulation of the 2020/2021 fiscal year, it was assumed that policy measures and strategies by the Government would result into domestic revenue collection…

Read More

Vice-President Saulos Chilima, Minister of Public Sector Reforms * To review systems of allowances, procurement and employment contracts * The rot that is in government goes deeper than the abuse of COVID-19 funds—Chakwera By Duncan Mlanjira Vice-President Saulos Chilima has announced the names of the special taskforce to comprehensively review the three Governmen systems of allowances, procurement and employment contracts as directed by President Lazarus Chakwera last Sunday. The special taskforce, to submit its recommendations to the President within 90…

Read More