Mutharika assent to five bills into law, CDF bill underview

LILONGWE-(MaraviPost)-President Peter Mutharika has assented to five bills into law that were passed during the budget review of the parliamentary sitting.

The assented bills including the Taxation Amendment Bill and the Value Added Tax Amendment Bill, which raises the VAT levy from 16.5 % to 17.5 %.

Presidential Press Secretary Cathy Maulidi has told the Maravi Post that Mutharika is still reviewing CDF bill.

“I can confirm that the President has assented to the five bills.

“Regarding the CDF Bill, as I previously mentioned, it remains on his desk and is undergoing a thorough review before a final decision is reached,” says Maulidi.

She added, “The President is still within the legal timeline and will provide his decision on the bill in due course”.

This means the newly enacted five laws are now operational.

Mutharika has also assented to two loan authorisation bills, allowing the Minister of Finance to borrow €38 million, about MK77 billion, for the second phase of the M1 road rehabilitation project.

The other approved loan is $27 million, equivalent to MK47 billion, earmarked for the Jenda Water Supply and Sanitation Project.

The President has further assented to adjustments made to the 2025/2026 national budget, which has been increased from MK8.076 trillion to MK8.589 trillion.

Meanwhile, the Malawi leader is expected to address the nation tonight on New Year message.

Lloyd M’bwana

I’m a Lilongwe University of Agriculture and Natural Resource (LUANAR)’s Environmental Science graduate (Malawi) and UK’s ICM Journalism and Media studies scholar. Also University of Malawi (UNIMA) Library Science Scholar. I have been The Malawi Country Manager and duty editor for the Maravi Post since 2019. My duty editor’s job is to ensure that the news is covered properly, that it is delivered on time, and that it is created to the standards set out in the editorial guidelines of the Maravi Post.