[civsoc-mw] September salaries delayed
Maybach Woyee
mbchwoyee5 at gmail.com
Sun Oct 4 11:52:47 CAT 2020
You are raising a very important point KPD. To me, it's all about mindset
"zaboma" mentality. People look at parastatals as milking opportunity, no
wonder they fight to be in the Boards. Look at MACRA, it is a politician's
meal.
On Sun, 4 Oct. 2020, 11:35 KPD, <maluwakpd at gmail.com> wrote:
> There is need to critically look at the number of parastatal companies
> that Malawi has with a view to offload or consolidate some of them.
>
> During Bingu days, when people were clapping hands for the construction of
> a hotel by government, taxes were being used before they were collected.
> Government was borrowing money from commercial banks at commercial bank
> rate to pay salaries against the projected tax collection.
>
> So as we were cheering him, the country was literally swimming in debt. We
> borrowed from anyone willing to give us money and we didn't care whether we
> had the means to pay or not.
>
> Some of the reasons are the creation and continuing to run parastatal
> which are just parasites.
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