Malawi Govt Unveils K8.05 Trillion Budget

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Malawi Govt Unveils K8.05 Trillion Budget

Government has unveiled an ambitious K8.05 trillion national budget for the 2025/2026 financial year, with a focus on economic stabilization, social protection, and infrastructure development. Delivered by the Minister of Finance and Economic Affairs, Honourable Simplex Chithyola Banda, the budget represents 31.1 percent of the country's Gross Domestic Product (GDP) and signals the government's strategy to consolidate economic gains and foster r…

247malawi.com

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Malawi’s 2025/2026 Budget: A focus on economic stability and growth

By Burnett Munthali Minister of Finance Simplex Chithyola Banda today presented the 2025/2026 National Budget in Parliament, outlining key measures aimed at addressing Malawi’s economic challenges and promoting sustainable growth. The budget, which comes at a critical time for the country, prioritizes economic stability, with a strong emphasis on forex regulations, local production, and the […]

Malawi Freedom Network

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Chithyola outlines strategy to boost economic growth, stability

Minister of Finance and Economic Affairs, Simplex Chithyola Banda, has announced a comprehensive plan to tackle the country’s economic challenges. He stated that the strategy is for the development of price stabilization policy, aimed at curbing inflation and ensuring stable prices for essential goods. In his remarks made in parliament on Friday when he presented the 2025/2026 budget, Chithyola said addressing the pressing issues of food securit…

Times Malawi

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Opposition describes budget ‘unrealistic’

By Cathy Maulidi: Opposition Democractic Progressive Party (DPP) and the United Democratic Front (UDF) have described as unrealistic the K8.05 trillion budget which Minister of Finance Simplex Chit…

Malawi 24

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Finance Minister Simplex Chithyola Banda says the government has removed the 16.5% Value Added Tax (VAT) on bread and buns and expects the prices of bread and buns to come down. This was revealed as the minister presented a budget of 8.05 trillion Kwacha for the financial year 2025/2026, up from 6 trillion Kwacha in […] The post Bread prices to drop – Chithyola appeared first on Malawi 24.

The Nation

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2025/26 Budget at K8 trillion

Minister of Finance and Economic Affairs Simplex Chithyola-Banda has unveiled the K8 trillion 2025/26 National Budget, outlining a strategy aimed at stabilising the economy amid slow GDP growth, high inflation, and rising debt. But the minister was silent on austerity measures the budget intends to implement to cut down expenditure and stem the rising debt now at over K16 trillion. Presenting the budget in Parliament yesterday, Chithyola-Banda a…