MRA collects surplus – Capital Radio Malawi
13 June, 2024

As the Treasury’s pressure on the Malawi Revenue Authority (MRA) continues to feed the national budget, the authority has beaten its target of three quarters after collecting 1.14 trillion kwacha in nine months.

This was disclosed during MRA’s commemoration of World Customs Day on Thursday in Blantyre.

MRA Commissioner General John Bizwick said the body has cumulatively collected the amount, beating its target for the period by 2 billion kwacha.

Bizwick attributed this to various reforms aimed at strengthening the authority’s efficiency and capacity in revenue collection.

Among others, he said the Block Management System which improved MRA’s relationship with business operators in the country’s cities.

Meanwhile, MRA board chairperson Vizenge Kumwenda has hailed the prevailing cooperation between the authority and various stakeholders, which is contributing to improvement customs performance.

MRA is expected to collect 1.4 trillion kwacha towards the current 2022-2023 national budget, which finance minister lamented is still not enough for the financial blueprint, as much of it covers salaries and debt servicing.

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