Finance Minister chickens out on pre-budget meet in Mzuzu

Participants to the second 2013/14 pre-budget meeting held in Mzuzu but meant for northern region participants were disappointed with absence of Finance Minister Ken Lipenga whom they wanted to clarify a number of things and also get their inputs into country’s financial blue print.

Ministry officials  failed to give reasons for Lipenga’s  absence.

Instead newly appointed deputy minister Dr Cornelius Mwalwanda attended the meeting but referred soem queries either to line ministries or relevant government departments like Malawi Revenue Authority and the Reserve Bank of Malawi.

Mwalanda also brushed through many issues raised during the meeting as he said he was rushing for a meeting in Lilongwe, which he said he could not afford to miss.

Lipenga: Snubbed Mzuzu meeting

Lipenga: Snubbed Mzuzu meeting

He  repeatedly said the Joyce Banda’s government is committed to turn around the country’s economic situation through reforms it has already stared implementing.

“Reforms take time. Therefore we need public tolerance for the austerity measures that will lead to stabilization and economic growth,” Mwalanda said.

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