Malawi’s 2023/2024 MK4.39tn revised fiscal plan passed in 2:30hrs

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Malawi’s 2023/2024 MK4.39tn revised fiscal plan passed in 2:30hrs
Malawi’s 2023/2024 MK4.39tn revised fiscal plan passed in 2:30hrs

Africa-Press – Malawi. Members of Parliament (MPs) on Monday, December 4, 2023, passed Malawi’s 2023/2023 MK4.39 trillion revised budget in a day with 57 votes for 2:30 hours only.

Addressing the news conference after the passing of the budget, Minister of Finance, Simplex Chithyola Banda said the budget will focus on important issues affecting the nation.

Chithyola said the budget was quickly passed due to the confidence of the members in the current finance minister.

He said with the passing of the budget they will make sure that there is expenditure control.

The minister therefore applauded all sides of the house for passing the budget in a short time.

Democratic Progressive Party (DPP) Finance spokesperson, Ralph Jooma said the budget has been passed with proper scrutiny regardless of it being passed in a day

Jooma said MK500 million-plus to the budget has made the whole house agree with the budget.

The budget has been seen with some reduction in other ministries including Forest of which the minister highlighted that it’s in line with austerity measures.

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