Accountant General casts doubt over Malawi  rolling new Ifms

Accountant General Sungani Mandala has cast doubt that the government will roll out a new integrated financial management systems (ifms) package due to low funding.

Mandala: Low funding

Mandala said this Tuesday when he appeared before the powerful joint Public Accounts Committee and Budget and Finance cluster committee of parliament.

The government was set to roll out the new ifms package next year.

“We have only been allocated K3 billion for the ifms operations in the budget when the cost of buying a new one is K7 billion,” said Mandala.

He said the K3 billion allocation for the exercise is not even enough to pay a consultant who has charged K4.6 billion to install the new ifms package.

Mandala said his office failed to install the package last year because the government had only allocated K5 billion for the exercise which was later revised downwards to K4.5 billion.

Ifms enhances speed and security in the transactions of public money.

Joint committee chairperson Ken Kandodo said the committee members will discuss the issue thoroughly before presenting it in the House.

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Mboba
Mboba
1 year ago

Mwanamveka watidyeka matumbo agalu basi, how can he tell the nation that gvt will roll out ifms when in fact he has failed to allocate enough funding to the office of Auditor General. 3 billion against 7 billion excluding consultancy fees is a very big joke minister Mwanamveka.

chimanga
1 year ago

Ndalama zapita ku ma stadium

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