The government overspent by K477.44 billion in the 2022-23 national budget, which ended on March 21, The Daily Times has established. Last fiscal year, Parliament approved a total budget of K2.84 trillion, with total expenditure in the financial year amounting to K3.317 trillion, representing a jump of K477.44 billion. On Wednesday, Finance Minister Sosten Gwengwe …
The post Government overspends by K477 billion in 2022 appeared first on The Times Group Malawi.