Government reports K14bn deficit in January - The Nation Online

Government reports K14bn deficit in January - The Nation Online:

Treasury recorded a deficit of K13-9 billion in its budget operations in January this year, 

figures published from the Reserve Bank of Malawi (RBM) show. 

However, the figures show that the excess in expenditure over income recorded in January is 

an improvement on a deficit of K16.8 billion recorded in December 2017, according to the RBM 

January 2018 Monthly Economic Report published on Monday. 

In contrast, in January 2017, central government budgetary operations recorded a surplus of 

K13.6 billion, representing a 0.3 percent of gross domestic product (GDP). 

'via Blog this'