Goodall satisfied with input in pre-budget consultation 

The Ministry of Finance, Economic Planning and Development says it is satisfied with input from various stakeholders in the ongoing pre-budget consultation meetings for the 2016/17 Financial Year.

Gondwe: Budget input

Gondwe: Budget input to be considered

Minister of Finance, and Economic Development, Goodall Gondwe was speaking in Blantyre during a southern region pre-budget consultation meeting.

Gondwe said during the three consultative meetings that were held in Mzuzu, Lilongwe and Blantyre, stakeholders have given very productive contributions.

Said Gondwe; “In all the pre-budget meetings, stakeholders had suggested a number of areas of focus with a prompt action to be included in the next fiscal budget for 2016-2017.

“I promise that government will look into the issues and come up with a budget that would be acceptable to many people countrywide.

“Some ideas like discipline in budget expenditure and reduced borrowing appetite, government is already implementing because we realize that would in turn also have positive impact on exchange rate and interest rate positions.”

Institute of Chartered Accountants in Malawi (ICAM) Member of Taxation and Audit Committee, Audrey Mwale advised government to trim its high expenditure and borrowing appetite in 2016-2017 national budgets to ensure successful implementation of the national budget.

She said ICAM is aware of the numerous challenges the country is going through urging government’s 2016-2017 budget to be in line with the current environment.

“Fluctuations in interest rates are hurting hard. We suggest that there should be some stability and that can be achieved by controlled expenditure and debt levels,” she said.

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5 thoughts on “Goodall satisfied with input in pre-budget consultation ”

  1. ngongoliwa says:

    Achiever ngongoleyo , it’s not free money guys. Actually, it’s adding more problems

  2. Jongwe says:

    You should also start using small vehicles. The Prado you are using consumes a lot of fuel. Can you be examplary?.
    Check the vehicles that South African ministers use. There is non big car.dyela ku Malawi.

  3. strawberry Juice says:

    That is a good idea

  4. Napwito says:

    GOODALL GONDWE – KATUNDU MUZITO! EVEN THOUGH YOU ARE YOUNGER THAN PETER MUTHALIKA, PEOPLE HAVE BEEN ATTACKING YOU BASED ON YOUR AGE…..LITTLE DO THEY KNOW THAT WHAT MATTERS IS PERFORMANCE! SHOW THEM THAT YOU HAVE ALWAYS BEEN AN ACHIEVER!!!!

  5. Billiat says:

    promises for life, the state of the mifias , black same. ..

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