US grants Malawi $20mil to fight corruption
Lilongwe (AND) The governments of Malawi and the United States of America this week launched an ambitious K2.9 billion ($20.9 million) programme that will assist the country to combat corruption and tighten fiscal mismanagement.
Economic Planning and Development Minister David Faiti launched the programme, called Millennium Challenge Corporation (MCC) Threshold program, in
Under the programme, which will later see
Eastham said the program will help the
“This programme is a threshold of a larger programme that the
He said money from the Millennium Challenge Threshold programme will also support training of prosecutors, judges, and investigators of corruption for them to effectively deal with corruption cases.
Eastham said the money will also be used to strengthen the National Assembly, the Auditor General, the Anti-Corruption Bureau (ACB), the Malawi Police Service, the Accountant General’s office, the Malawi Revenue Authority (MRA), the National Audit office, the Ministry of Finance and other government institutions.
“This will help to improve the budget process by tightening fiscal management systems, achieve more frequent and professional government audits, and improve management of domestic and international debt, among others,” said Eastham.
He said part of the funds will also be used to improve the investigative reporting of the media as well as civil society organisations as watchdogs against corrupt activities.
In his speech, Faiti said the
He said the programme will help the government to uproot main sources of corruption and strengthen prudent and sound economic management.
“Government is committed to the elimination of corruption, fraud and fiscal mismanagement as this help to ensure that the limited resources are used effectively to benefit that majority of our people and not into the pockets of a few,” said Faiti.
The Economic Planning Minister said he was optimistic that
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US President George W Bush devised the Millennium Challenge Account as measure of