Opposition DPP punches holes in Chakwera’s Tonse 2021/2022 national budget

MZUZU-(MaraviPost)-The former ruling party, Democratic Progressive Party (DPP) has punched holes in the second Tonse alliance budget of 2021 to 2022 national budget, describing it as highly consumptive and debt ridden.

Responding to the budget presentation by the Minister of Finance, Felix Mlusu on Monday, DPP’s economic and financial thinktank, who is also a former minister of Finance, Joseph Mwanamvekha, said the budget does not realistically represent the situation on ground and it is unimplementable.

“I was summarising the budget as unrealistic; a budget that is debt ridden, because there is too much debt in there, and also a budget that cannot be implemented. That’s what I can say as I said in the budget” ranted Mwanamvekha.

On 28 May this year, Finance minister, Felix Mlusu presented the 2021/2022 national budget which estimated to the tune of K1.99 trillion and on Monday this week, lawmakers started to dissect it.

The house will be expected to pass the budget after its members have deliberated on it vote by vote in their committees of supply.

Richard Kayenda

I hold a bachelor’s degree in languages obtained from Mzuzu University. Since 2016, I have been working for Maravi Post as a reporter of local news; particularly from the Northern Region of Malawi. My main news areas are politics, business, sports and many more. Besides reporting, I also write news analyses on current affairs just to share informed opinions on news that matter in Malawi. By now I have a five year practical experience in online news reporting and I look forward to growing more professionally while raising the bar of Maravi Post; in order to make it a household name, as we keep our readership informed, edutained and updated on a daily basis.