K923.9 Billion 2015-2016 Budget Passed

The Malawi National assembly Pass 2015-2016 Budget amounting to K923,989,940 (Nine Hundred Twenty-three billion, nine hundred eighty-nine million, nine hundred sixty-five thousand, nine hundred and forty Kwacha) this Wednesday evening having passed all allocated money to various government ministries and departments.

The budget was passed after the house approved and passed the appropriation bill authorising the finance minister to to appropriate the the money to the Consolidated Recurrent and Capital Accounts for the purpose set out in he Recurrent and Capital Estimates.

The house has since adjourned earlier to Friday as motion moved by the Leader of House Hon. Francis Kasaila as part of thanking members for the job well done.

Among some of the major allocations are in the ministries of Agriculture, Irrigation and Water Development to the provision of K135,687,667,113, Ministry of Education, Science and Technology to the provision of K114, 753,372,357

Meanwhile Leader of Opposition in the National Assembly President for Malawi Congress Party (MCP) Hon. Lazarus Chakwera said this is a good development but committed to give an oversight role as opposition parties. 

Hon Chakwera said “We believe that Malawians out there are rejoicing with us because what we want is services to everyone in the country and so we are glad that the opposition with all of the vigor in debating the budget has passed the budget together with members of the government side.”

He however said, “We will continue to provide the oversight that is needed and our committees of parliament are vibrant and will vigorously follow what happens in the implementation of the same budget.”

The during pre-committee of supply and during the committee of supply the house was almost turned into disarray following demands from opposition parliamentarians who were demanding the speaker to allow the house debate the alleged K92 billion cashgate report first before the budget.

Several attempts were made by opposition parties in the National Assembly to halt the budget debate but they failed to secure the plot when they had later realized that the house was presented with analysis of the cashgate report and not the forensic audit report.

Get all approved votes here….2015-2016 Budget