In order to achieve and advance its development agenda, the Malawi Government has challenged the Malawi Revenue authority (MRA) to collect over K150 billion every month.
The Minister of Finance Felix Mlusu made the tall order as he was visiting the Msonkho House in Blantyre. He justified the target, stating that the demands are more on the national budget, hence pressing on MRA to boost its revenue collection, to fund the respective projects on the budget. On the other hand, funding developmental projects using tax collections, will minimise borrowing and owing.
While MRA Commissioner General John Bizwick said the target could be attained, the Authority has faced difficulties to beat the K90 billion monthly target for the most part of 2020. According to the 2020/21 national budget, domestic revenues have been projected at K1.179 trillion, while K1.116 trillion is expected to come from tax revenue as the remaining K63.1 billion is from other revenues.