Menu
  • Home
  • About
  • Politics
  • Entertainment
    • Community
  • Sports
  • Blog
  • VomiTV
  • Irish Local News
    • Foreign News
  • Contact Us
Menu

2.2 Trillion Kwacha Budget Passed

Posted on 15/10/202015/10/2020 by VOMI RADARS

Parliament has passed the K2.2 trillion 2020-21 national budget
with minor amendments to some votes.

The passing of the budget means Parliament has allowed the Tonse
Alliance government to spend on social services and development
projects. Before the budget was passed, members of Parliament took
government to task to justify some allocations and praying for
increased funding for some Ministries, Departments and Agencies.
The recurrent expenses are projected at K1.679 trillion comprising
K523.7billion for Wages and Salaries; K376.0 billion for
InterestPayments; K308.9 billion for Goods and Services; K266.0
billionfor Social Benefits; and K97.4 billion for Subvented Organi
sations.

Home
Minister of Finance

Development expenditure is projected
at K511.2 billion, consisting of K100.9 billion for domesticallyfin
anced projects and K410.3 billion for foreign-financedprojects.
The budget has a fiscal deficit of K754.8 billion, which is expected to
be financed by foreign borrowing amounting to K224.8 billion and
K530.1 billion from domestic borrowin

Share on Social Media
twitter facebook linkedin

2 thoughts on “2.2 Trillion Kwacha Budget Passed”

  1. canada goose jacket says:
    26/03/2021 at 04:37

    I enjoy you because of your whole labor on this web page. Debby delights in doing investigations and it’s easy to see why. All of us notice all concerning the compelling means you deliver very important tips and hints on this website and in addition cause participation from people about this concept then my simple princess is without question starting to learn a whole lot. Enjoy the rest of the new year. You are doing a really good job.

    Reply
  2. yeezy boost says:
    28/03/2021 at 15:33

    I enjoy you because of all your effort on this blog. Kate takes pleasure in engaging in internet research and it’s easy to understand why. Most people notice all relating to the powerful manner you deliver reliable tactics through this website and in addition boost contribution from other individuals on this concern and my daughter is really studying a great deal. Take pleasure in the rest of the new year. You’re conducting a useful job.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Kachingwe Speaks Out On His Alleged Consular Appointment
  • The Truth About The CT Scanners At KCH And Q.E.C.H
  • Death Robs Africa One of It’s Great Sons
  • MCP Expelled Two For Gross Indiscipline
  • Tree Harvesting Affects Water Supply to Health Center in Chikangawa
  • Mzuzu Councilors Fear Young CSO Leaders
  • Luke International moves in to end girl-child school dropout
  • VOMI Co-Founder Albert Tambula Applauds Mkumbira
  • Mkumbira Poised For AMAI Chairmanship
  • Landless People To Smile As Govt Is Set To Help Them In Mulanje, Thyolo
  • Pay Back The Money – HRDC
  • DPP neck to neck with DoDMA on Covid-19 funds
  • Covid-19, threat to households who rely on husbands for survival
  • Fifteen Year Old Boy Making Strides In Curious Production
  • Indigenous Timber Millers In High Level Talks With Veep

Other News

  • Bushmeat Banned in Malawi

    Bushmeat Banned in Malawi

    21/03/2020
  • 4 CHINESE NATIONALS USED COURT ORDER TO ENTER MALAWI

    4 CHINESE NATIONALS USED COURT ORDER TO ENTER MALAWI

    24/03/2020
  • PRESIDENT MUTHARIKA HAS ANNOUNCED THE NEW CABINET.

    PRESIDENT MUTHARIKA HAS ANNOUNCED THE NEW CABINET.

    24/03/2020
  • MALAWI MINISTRY OF HEALTH CAME OUT TO QUENCH COVID-19 RUMOURS IN LILONGWE

    MALAWI MINISTRY OF HEALTH CAME OUT TO QUENCH COVID-19 RUMOURS IN LILONGWE

    24/03/2020
  • IRISH TAOISECH SPEAKS OUT ON COVID-19

    IRISH TAOISECH SPEAKS OUT ON COVID-19

    24/03/2020
  • MUNTHARIKA SHAKES MALAWI ARMY, FIRES NUNDWE

    MUNTHARIKA SHAKES MALAWI ARMY, FIRES NUNDWE

    24/03/2020
  • CORONA VIRUS TEST KITS ARRIVE IN MALAWI, THANKS TO APM AND MALAWI GOVERNMENT

    CORONA VIRUS TEST KITS ARRIVE IN MALAWI, THANKS TO APM AND MALAWI GOVERNMENT

    24/03/2020
  • ZODIAK CHIEF GOSPEL KAZAKO CRIES FOUL

    ZODIAK CHIEF GOSPEL KAZAKO CRIES FOUL

    24/03/2020
  • LIST OF TOP 30 MUSIC LEGENDS IN MALAWI

    LIST OF TOP 30 MUSIC LEGENDS IN MALAWI

    24/03/2020
  • LIST OF TOP 10 COMEDY/DRAMA LEGENDS IN MALAWI HISTORY

    LIST OF TOP 10 COMEDY/DRAMA LEGENDS IN MALAWI HISTORY

    24/03/2020

Editors Corner

MY MESSAGE TO THE MIGHTY DPP

Would you please save your followers from daily embarrassments. It’s quiet evident that the courts aren’t on your side anymore. Read more

Archives

Watch Vomi Television

Follow Us

Facebook
YouTube
powered by itsupport@live.ie
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT