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Finance Minister Felix Mlusu’s 2021/2022 fiscal budget—delivered at the Parliament Building in the capital Lilongwe on Friday, May 28, 2021—has already began proving what critics said that the K1.9 trillion budget “is unrealistic” following a contradiction between the ministry and the treasury on inflation. Members of the national assembly are presently locked in cluster meetings as per parliamentary requirement, and are expected to return to the chamber in two weeks to debate it before they can decide to pass or reject it. Minister of Finance Felix Mlusu presents the provisional Bu...

On Friday, May 28, 2021, Finance Minister Felix Mlusu pronounced budget estimates for the 2021/2022 financial year and tongues have been wagging from all quarters of society on the pros and cons of his efforts. Following a thorough consultative process by Ministry of Finance with all stakeholders across the board, the minister’s final output in Parliament shaped a narrative long yearned for by those who cast their vote for President Lazarus Chakwera and his Vice Saulos Chilima. With these budget estimates came a flicker of hope about short term fulfilment of most key campaign promises by th...

The 2021/2022 national budget as presented by the Minister of Finance Felix Mlusu on Friday, May 28, 2021, has attracted mixed reactions from pundits and politicians, with many though expressing optimism it is pro-poor and that it may positively change the nation’s economic fortunes in the short-term. According to some analysts, the budget has delivered some Tonse Alliance campaign promises, with some calling it ‘a start of turning things around’. Kapito: Budget implementation is key John Kapito of Consumers Association of Malawi (CAMA) the budget favours the consumer in every aspect an...

Minister of Finance, Felix Mlusu, on Friday afternoon presented his budget for the 2021/2022 fiscal year, and one of the items that Malawians have so far been excited about is that beginning this financial year taxpayers will be allowed to import goods of no more than US$3 000 duty free. The budget is Mlusu’s second […]

As one way of flushing out the ghost beneficiaries on Affordable Inputs Programme (AIP) list, the Ministry of agriculture has embarked on a process to revise the list and remove all those who are not eligible to be on the list. In his words, the Ministry’s spokesperson Gracian Lungu said that the preparations for the 2021/2022 have already started, and that government will ensure that the beneficiaries start accessing the inputs by July this year. “We have done all the preparations for the beneficiaries to start accessing the inputs this coming July. What we all want is to make sure th...