Malawi to review costs of local development fund projects
By the AFREEQUE newsroom, based on Times
Malawi’s National Local Government Finance Committee will examine in November cost differences in projects funded by the Constituency Development Fund. Some works estimated at 400 million kwachas now reach 1.5 billion, according to the Times, citing a parliamentary hearing.
Malawi’s National Local Government Finance Committee (NLGFC) will review in November the costs of projects funded by the Constituency Development Fund, after noting major differences between estimates for similar works, according to the Malawian daily Times.
Infrastructure previously estimated at 400 million kwachas under the Gesd programme would now cost about 1.5 billion kwachas under the CDF, nearly four times as much. The discrepancy was raised before Parliament’s Public Accounts Committee, which is examining public spending.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
