Tags: Budget

AfDB gives Malawi k13bn budget support

  The African Development Bank (AfDB) has given Malawi $29 million (about K13 billion) as sector budget support for the protection of basic social services in the country. Minister of Finance, Economic Planning and Development Goodall Gondwe said yesterday at the signing ceremony in Lilongwe that this is part of the pledge by the pan-African…

Catholic Church for recovery budget

The Episcopal Conference of Malawi (ECM) has asked government to make the 2015/16 fiscal plan a recovery budget to set the tone for fiscal development in the next few years. The ECM, comprising the Catholic Commission for Justice and Peace (CCJP), Catholic Education Commission (CEC), Catholic Development Commission in Malawi (Cadecom) and Catholic Health Commission…

Be transparent—Chakwera

Leader of opposition Lazarus Chakwera says government should be transparent on how disaster response money is being used before making further adjustments and allocations. Reacting in support of the Midyear Budget Review, delivered on Friday by Finance Minister Goodall Gondwe, the leader of opposition said government should give the country a breakdown on how resources…

Parliament staff reject 18% pay hike offer

Parliament Secretariat staff yesterday disrupted business on the second day of the Mid-Term Budget Review meeting when they staged a strike after rejecting an 18 percent salary increase offer. The Parliament staff heckled Cabinet ministers as they entered the premises with placards. Minister of Finance, Economic Planning and Development Goodall Gondwe left Parliament Building with…

Opposition parties talk tough on budget review

As the Malawi National Assembly resumes sitting today to review the first six months of implementing the 2014/15 National Budget, some opposition political parties have warned of stiff resistance should government fail to produce a conclusive explanation on its expenditure. Malawi’s Minister of Finance, Economic Planning and Development Goodall Gondwe is expected to report to…

Malawi economy woes bother Goodall Gondwe

Malawi’s Finance, Economic Planning and Development Minister Goodall Gondwe has said the country’s economy is passing through ‘turbulent times’, citing a sharp fall in the kwacha against other major currencies, huge amount of domestic borrowing and uncertainty over the resumption of budget support. In an interview in Lilongwe, Gondwe, however, sounded confident that the economy…

Civil servants want 50% pay raise

A meeting between the Civil Servants Trade Union (CSTU) and its members in Lilongwe yesterday nearly degenerated into chaos after union leaders failed to disclose how much they were demanding from government after rejecting the proposed 24 percent increment in the 2014/15 National Budget. Civil servants, mainly from within Capital Hill, gathered around 10am to…

Goodall bows down to pressure

Malawi’s Minister of Finance, Economic Planning and Development Goodall Gondwe has bowed down to pressure from members of Parliament (MPs) to increase funding to the health sector and Malawi Police Service (MPS). In his wind-up speech following debate on the 2014/15 National Budget statement, Gondwe said he would add an extra K7.4 billion to the…

Budget skips JB’s chiefs, no pay for 20 000 chiefs she promoted

Twenty-thousand traditional leaders, who were promoted by former president Joyce Banda, have been excluded from the 2014/15 National Budget currently being debated in Parliament, Nation on Sunday has learnt. A report produced after the Cluster for Social and Community Affairs scrutinised the budget shows that Ministry of Local Government was only allocated K650 million for the payment of…

Unions appeal for low income civil servants

The country’s public sector unions have appealed to government to consider a higher increase for lowest paid civil servants who include primary school teachers, nurses and ground workers. In the budget statement delivered on Tuesday last week, Minister of Finance Goodall Gondwe, said the recurrent budget includes an amount of K163.3 billion which meant a…

MCTU backs unions on salary rejection

Malawi Congress of Trade Unions (MCTU) has supported civil servants’ rejection of the proposed 24 percent salary increment, saying it is also stunned with the government offer. Minister of Finance, Economic Planning and Development Goodall Gondwe last Tuesday presented the 2014/15 National Budget in Parliament in which he announced the adjustment of civil servants’ wages…

Malawi NGOs to disclose expenditures

Non-governmental organisations (NGOs) will start disclosing and reporting to the public their expenditures as one way of achieving transparency and accountability. This is one of the resolutions contained in the NGO Governance Charter that the Council for Non-Governmental Organisations in Malawi (Congoma) agreed on in Blantyre in 2007 during its annual general meeting. Malawi President…

Budget debate starts Sept 10

Parliament is set to resume sitting next Wednesday when committees are expected to report back on their analysis of the K742.6 billion 2014/15 national budget before members of Parliament (MPs) begin debate. The arrangement follows the adoption of new Standing Orders which allow parliamentary committees to examine the budget allocations as proposed by Minister of…

Civil servants say no to 24% pay rise

Two influential public service trade unions have rejected the proposed 24 percent salary increase for civil servants, saying it does not reflect their discussions with the Government Negotiating Team (GNT) ahead of the budget. Civil Servants Trade Union (CSTU) and Teachers Union of Malawi (TUM) expressed their sentiments during interviews with The Nation yesterday in…

Malawi govt to pay K50bn of arrears in 2014/15 fiscal year

Malawi Government has undertaken to pay K50 billion (about $131m) in the 2014/15 fiscal year as part of the K158 billion (about $415m) unpaid bills or arrears it owes the private sector, Minister of Finance, Economic Planning and Development Goodal Gondwe has said. Presenting the 2014/15 budget amounting to K742.8 billion (about $1.9bn) at Parliament…

Compromise budget: ACB, Police, Judiciary get large increases

Malawi Minister of Finance, Economic Planning and Development Goodall Gondwe on Tuesday unpacked the 2014/15 National Budget worth K742 billion based on the principle of zero-aid with a deficit of K107 billion. Gondwe’s budget, as earlier indicated, does not include budgetary support from donors, but falls short of explaining where revenue will be sourced. The…

AfDB earmarks K6bn for Malawi budget support

Tunisia-based African Development Bank (AfDB) says it is discussing with government the possibility of resuming budget support to Malawi and has since earmarked $15 million (about K6 billion) towards the 2014/15 national budget. AfDB country representative Andrew Mwaba broke the news to The Nation on Thursday at Capital Hill in Lilongwe on the sidelines of…