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Tuesday, May 22, 2018

IMF says 2018/19 budget Fair on projections - The Nation Online

IMF says 2018/19 budget Fair on projections - The Nation Online: "YOU ARE HERE: Home → IMF says 2018/19 budget Fair on projections

IMF says 2018/19 budget Fair on projections
Grace Phiri May 21, 2018 0 Comments


The International Monetary Fund (IMF) has rated the realism of the 2018/19 National Budget fairly high for its continuity of programmes and modest revenue assumptions.

In a written response to a questionnaire on Saturday in reaction to the fiscal plan presented by Minister of Finance, Economic Planning and Development Goodall Gondwe in Lilongwe on Friday, IMF resident representative Jack Ree observed that while the budget promises wage increases to civil servants, the increase could have been much higher in the face of the 2019 Tripartite Elections as is the case in many regional peer countries facing elections.

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