Malawi Parliament on Friday unanimously approved the National Budget to enable the government fund its operations in the financial year of 2013/14.
The lawmakers nodded to the financial plan after passing the remaining three votes as part of the K630.5 billion allocated to
various ministries and departments on the financial year starting July 1, 2013.
Factored in the budget is the allocation to the Malawi Electoral Commission to help it conduct next year’s tripartite polls.
Farm Input Subsidy Programme to improve the agriculture sector , procurement of drugs are also factored in the budget. Health and education have also been priotised in the national cake.
Finance Minister Ken Lipenga said the national budget would steer the country out of poverty.
“There is continuing improvement in the manner in which the budget is debated. We have been able to demonstrate that as Government we really do make sure that as many members of the house as possible are given an opportunity to contribute,” Lipenga told reporters after the House approved motion of financial appropriation bill 2013/14.
“There was keen interest in some of the budget lines, we had 35 questions on the Public Works’ vote indicating the level of interest that members have. We were to take in the questions asked, and I think the ministers responsible and I answered to their satisfaction,” he said.
Lipenga added, “In the beginning there were some miss-understandings, in some cases there were errors that were made and as government, we have a responsibility to admit when an error has been made and on more than one occasion, I was able to say that was an error and we collected those errors.”
According to the 2013/14 budget statement, the budget is expected to restore macro-economic balance and a market-based economy that will consolidate the bold economic reforms that the Government embarked on in 2012Follow and Subscribe Nyasa TV :