The financial year plan was approved on Thursday, June 25, 2015 in the Parliament after a month long of assessment through the cluster committees.
The national budget has been increased from earlier presentation of about MK902 billion to MK930 billion after key ministries such as health, gender and education got less allocation but later were given enough funds for their activities.
The passing of the fiscal plan was not done smoothly as opposition Members of Parliament (MPs) cautioned government against abuse and mismanagement of the public resources as what has been happening previous approvals.
Earlier this week opposition MPs threatened government of not passing the budget after Finance Minister Goodall Gondwe said was not ready to present the MK92 billion audit report but later was discovered that it was an entire audit of government accounts for the period 2009 to 2014 which was done by PricewaterhouseCoopers (PwC), a South African Firm through German Government Funds.
Later, the Minister provided a preliminary report analyzing the cashbooks and bank statements of government which did not go well with the opposition MPs alleging that the report was doctored in shielding big fishes in government who were part in the plunder of billions.
The data analysis titled, “Final analysis report: Reconstruction of Malawi Government Cashbook for Purposes of further investigation”, reveals that MK577 billion could not be accounted for in the government bank’s statements between 2009 to 2014 under Democratic Progressive Party (DPP) and People’s Party leadership.
The PwC report revealed further that during the last quarter of former President Joyce Banda’s PP more transactions amounting to about MK350 billion could not be accounted for which has shocked Malawians as to how all such amount of money went while countries hospitals are still dare need of drugs.
However, after passing the national budget, the main opposition Malawi Congress Party (MCP) President, Dr Lazarus Chakwera said was delighted with the passing of the fiscal plan, promising opposition will keep an eye on its implementation.
“It was a formidable fight in debating the budget which finally has been approved. What will follow is monitoring its implementation and making sure that no single penny is misused and plundered as it has been before.
” Though passed the budget, unresolved issues such as MSB sale, PwC report remain in our tables that we will make sure Malawians are told the truth with their best interests”, assures Dr Chakwera.
Echoing on the same, Ralph Joama, PP’s financial Spokesperson in Parliament said this year’s budget implementation will be followed with kin interest that Malawians are served better in improving their lives.
“We are grateful that we have a national budget in place with adjustment in critical sectors such as health, gender and education which will improve Malawians better as long as the funds are used for the intended purposes with vigorous monitoring on our part”, said Joama.
However, Francis Katsayira, Leader of the house assured MPs and the entire nation for the effective use of funds allocated for the various ministries and department that business won’t be as usual.