LILONGWE-(MaraviPost)-Minister of Finance Joseph Mwanamvekha on Friday told the August House that the Malawi Congress Party (MCP)–led administration had spent the entire MK67 billion allocated for State House operations and went on to borrow additional funds without adequate oversight.
Presenting the 2025/2026 Mid-Year Budget Review Statement before Parliament, Mwanamvekha told legislators that the spending patterns under the previous financial year raised “serious concerns about fiscal discipline and transparency”.
According to the minister, the State House exceeded its approved budget ceiling, a development he said placed unnecessary pressure on the national purse.
“The K67 billion meant for State House was fully exhausted, and more money was borrowed without proper scrutiny,”
“Calling for tighter controls and clear accountability mechanisms in government departments,”Mwanamvekha said,
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