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Monday, February 26, 2018

Ecama contradicts Goodall on borrowing - The Nation Online

Ecama contradicts Goodall on borrowing - The Nation Online:



Ecama contradicts Goodall on

borrowing

Grace O February 26, 2018 o Comments

An analysis by the Economics Association of Malawi (Ecama) has shown that the majority of

public expenditure is channelled towards consumption.

Out of K171.1 billion (25-5 percent of total expenditure) of the targeted development

expenditure for the first half of the year 2017/18, only K138.2 billion (20. 6 percent of total

expenditure) was the actual development expenditure outturn.





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