Parliament approves K70.2bn education loan: MCP says ‘well-intended’

Malawi Parliament on Tuesday allowed Minister of Finance, Economic Planning and Development Joseph Mwanamvekha to borrow the equivalent of Special Drawing Rights (SDR) 64 500 000 (K70.2 billion) from the International Development Association (IDA) to finance Equity and Quality and Learning to Secondary Project.

Minister of Finance,  Mwanamvekha: House authorises borrowing

The House has since told government to put the loan to good use, considering the country has over the years borrowed a lot with very little to show for it.

Mwanamvekha said the objective of the programme (Bill 14 of 2019) is to improve quality of science and mathematics institutions in community day secondary schools (CDSS) and increase access to secondary education in remote areas.

“This is a very important project in improving education in the country especially in CDSSs,” said Mwanamvekha.

The Finance Minister said the project aims at “enhancing student learning in selected 13 districts, including enhancing quality and delivery of ongoing teacher support programme for sciences and mathematics, developing digitised student learning materials and improving student assessment and examinations.”

Malawi Congress Party (MCP) spokesperson on finance Cornelius Mwalwanda said as much as money bills are not rejected in the House, government should ensure that the resources allocated are used for their intended purpose.

“Quality of education has deteriorated in the country. It is not surprising that many of the institutions produce illiterate graduates. Learning materials are in short supply and most schools don’t have electricity. This is a good idea and well-intended,” said Mwalwanda.

Mwalwanda said the whole education system needs an overhaul.

“This is a drop in the ocean because we need an overhaul of the whole education system where we need to modernise the whole system,” he said.

Mwalwanda said MCP has developed a “comprehensive reforms” in its manifesto which include abolishing the quota system of selecting students into public universities.

He said  government needs to tread carefully on the loan as there has been about 28 loan bills which have been approved by the House in the last cohorts of Parliament  and that the country is borrowing too much and there is no progress.

The project, which will be implemented by Ministry of Education, Science e and Technology will run for six years and at least 1000 CDSSs are expected to benefit from 13 districts.

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Operation Chotsa Mbavaa
Operation Chotsa Mbavaa
1 year ago

MCP MPs…. you guys were supposed to boycott all actions by these illegal n illegitimate too thugs….. instead you guys are busy approving loans. Will you guys even have access to see how these loan money is spent? Obviously NO. So what the hell is opposition doing in the parliament. In other legislation houses…. opposition would have busy working on plans to impeach this MBAVAA…. as it’s clear vote of NO CONFIDENCE. So guys get to work rather than clapping to bullshit. Impeaching couldn’t be easier than ever before. Firstly he’s occupying the office of President illegally….as it very clear… Read more »

Agenda Setting Theory
Agenda Setting Theory
1 year ago

if 1000 community day secondary schools will benefit why then only choose 13 districts. Does it mean those in other districts are better of? All districts have schools which needs this intervention.

Ndikukodzela Kwambiri

Nanga salary simukweza? Imagine K25,012 being the minimum wage. Please do something. Enafe kuti malipilo akwele, mabwana athu ati amadikila kuti boma nalo likweze

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