Malawi passes K930bn budget

Malawi’s parliament passed a 2015/16 National Budget to the tune of K930 billion (US$2.1 billion) on Thursday despite fears that the opposition will derail the approving the appropriation bill.

Finance Minister Goodall Gondwe holds his Budget box

Finance Minister Goodall Gondwe holds his Budget box

The budget was passed unanimously and quickly as government jubiliaated after fears that the opposition would delay the budget’s passage as a strategy to force the Speaker to table the issue of floor crossing by parliamentarians from United Democratic Front (UDF) who have relocated to sit with ruling Democratic Progressive Party (DPP), citing Section 65 of the Constitution, which bars legislators from switching allegiance from their sponsoring parties.

The other issues that emerged as stumbling block are the sale of the state –owned Malawi Savings Bank to FDH Bank of Thomas Mpinganjira and  demand of full forensic audit report on the K92 billion financial plunder during the Democratic Progressive Party (DPP) first regime.

Rumphi East MP, Kamlepo Kalua was still pushing for the ‘original’ forensic audit report on the K92 billion fraud.

But Parliament on Thursday gave the budget the seal of approval to enable government execute developmental projects and other statutory obligation expenditures for the 2015/16.

Minister of Finance, Economic Planning and Development Goodall Gondwe moved a motion for Parliamentarians to support the approval of the financial plan.

“There were nearly diversions in the middle relating to the so-called K92 billion [report] which I think would have derailed us, but I think we have very good rules in Parliament and we were able to resume the discussions which were very constructive,” said Gondwe in an interview.

“As a minister, this is my seventh year and I can comfortably say this was one of the better ones in terms of raising issues and we were able to change where we were able and stay where we had to stay.”

Gondwe explained that Parliament has appropriated K923.9 billion minus K6 billion for the Malawi Rural Electrification Programme (Marep) which would be raised through the fuel levy and could not be debated by MPs.

Leader of Government in the House, Francis Kasaila commended MPs for giving out “their best” during the debate.

“We have managed the processes very well. We want to see some impact and tangible activities on the ground,” Kasaila said in an interview.

MCP president Lazarus Chakwera, who is also the Leader of Opposition in the House, said the opposition played its oversight role, saying the budget has been passed with changes after MPs gave a critique.

Chakwera hoped that the budget will be well implemented to serve the interest and meet the needs of Malawians.

“We believe that Malawians out there are rejoicing with us because what we want are the services. We will continue to provide the oversight that is needed. We will vigorously follow what happens to the implementation,” said Chakwera.

Malawi’s financial year begins 1 July.

Donors suspended about 40 percent budgetary support in the wake of ‘cashgate’, the worst financial scandal where businessmen and politicians connived with civil servants to skim billions of dollars from the government in payments for goods and services not rendered to government.

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16 thoughts on “Malawi passes K930bn budget”

  1. Bravo our dear MPs 4 ze approval. God bless.

  2. Budget too High says:

    Ok collect mk4bln every working day… ki ki ki ki with no forex in bank with floods affect already showing in harvesting season no adaquat business from now what is going to happen in lien period. Good luck boma

  3. Tamo says:

    may the name of the God be gloryfied 4the wonderful passing of the budgent but the job creation zilipati? we want to come back home please!!

  4. matako says:

    Government must proceed very carefully. Just because the budget has passed does not mean you should walk around with swollen heads. This money ids for the people not your own and you can not treat it like your own. We demand transparency and accountability. While at it we would like an update of various projects implemented from last year’s budget.

  5. chicco says:

    How much money is allocated to cashgate?

  6. daniel says:

    Congratulations but there is no forex in the country in the tobacco season due to a poor decision by chuka to allow exporter to keep 100% proceeds of there exports, now the exportes are hoarding there proceeds. Commercial banks have dried up. Please reverse this or else we shall start seeing queues for fuel again very soon.

  7. Nyau Isthobwa says:

    A Godwe AKUSEKERELA AKUTI AZIBA MOLAPITSA MUNTHU OSAUKA PALIBEPO CHAKE MU BUDGET IYI Mark my words

  8. Fine & good, but beware of cashgaters. Poorest country with richest politians, mmmmm!

  9. thosimo matapwata says:

    Well done MPS for passing the budget. National issues should not be overshadowed by partisan political leanings. Hope the DPP government will implement the budget to the benefit rural masses who need development

  10. Zanga Phee! says:

    Implementation is what matters most.see my name.

  11. Nyapapi says:

    Hahaha! O Chakwera mukuopa mungaone za obaba za section 65 number 1 budget number 2?

    Kulibe opposition ku Malawi kuno!!!!

  12. witu says:

    mwina zithu zingasithe

  13. mulopwana says:

    azibanso ndalama zili bu burdget mo…….mbava izi za DPP……….koma Malawi …mulungu akanalowelerapo ndithu…….

  14. Mbuyankhoma says:

    At long last, i have a last laugh. A thumb up though, to all MPs for not taking any chances.

  15. Opposition that’s maturity thumbs up for you BUT a BIG BUT keep on policing the implementation of that budget. Don’t let the corrupt people in government to start plundering the money. You have put the interest of your nation above all so it’s time to play the referee now. That’s what we need in Malawi you’re both sides guys the government of Malawi. Well done!!!!!!!

  16. Saiton Phiri says:

    Mmmm!¡

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