MRA collects K4.06 trillion

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MRA collects K4.06 trillion
MRA collects K4.06 trillion

By Wezzi Gausi:

The Malawi Revenue Authority has collected K4.06 trillion in revenue between April 2025 and February 2026, representing 94 percent of its annual target of K4.32 trillion, officials told the Parliamentary Cluster Committee on Budget and Public Accounts.

Presenting the authority’s performance report before the committee, MRA Commissioner General Felix Tambulasi said the institution has maintained strong revenue collection despite prevailing economic pressures.

Tambulasi said the authority collected K313.66 billion in February against a target of K304.74 billion, representing 103 percent performance and a 42 percent growth compared to the same period last year.

“Cumulative collections from April 2025 to February 2026 stand at K4.06 trillion against a target of K3.99 trillion, giving a positive variance of K62.25 billion,” he said.

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He said the performance puts the authority close to achieving its annual target.

“Our annual target is K4.32 trillion and so far we have reached 94 percent, leaving about K263 billion to be collected in the remaining month of March,” Tambulasi said.

The presentation shows that domestic taxes remain the largest contributor, accounting for K3.05 trillion, which represents 95 percent performance against its annual target.

Meanwhile, the customs and excise division collected K1.01 trillion, representing 90 percent performance against its annual target.

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Tambulasi said the authority has set a March 2026 target of K350.59 billion, with domestic taxes expected to contribute K251.65 billion while customs and excise will collect K98.95 billion.

He said MRA will intensify enforcement and compliance measures to close the remaining gap before the end of the financial year.

“We will enhance inspections, strengthen debt enforcement programmes and escalate enforcement on outstanding audit assessments to ensure taxpayers meet their obligations,” Tambulasi said.

Chairperson of the parliamentary cluster committee Sosten Gwengwe welcomed the authority’s performance and supported its proposed budget for the coming financial year.

However, Gwengwe urged the authority to increase public awareness on taxation to improve voluntary compliance.

“Malawians still lack adequate knowledge about the importance of taxes in financing public services and national development. taxpayer education and engagement should be strengthened so that more citizens understand their obligations and contribute to government revenue,” Gwengwe said

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