FISCAL POLICY AND PRO POOR SPENDING IN MALAWI
Date
2011-04-18
Authors
Jambo, Hellen Nancy
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Abstract
This study carried out an analysis of the Malawi fiscal policy pro poor spending
between 2004 and 2008 in relation to poverty reduction. The focus of the
research was to investigate how much the three social pillars that formed the
premises of this study were allocated out of the yearly budget between 2004
and 2008. Since a descriptive statistical analysis was carried out besides the
process issues behind budget formulation and analysis being carried out, a
mix methodology was used to investigate and address the research questions.
The findings of the study show that poverty remains high in Malawi despite the
increased pro poor expenditure as such there is a need for a policy
intervention. Not much progress has been achieved with regards poverty
reduction between 2004 and 2008. It was discovered that the same
percentage of people that moved out of poverty moved back into the poverty
trap.
In conclusion, the study makes a couple of policy recommendations that are
aimed at directing current expenditure towards programmes and initiatives that
will drive poverty reduction at an accelerated rate than is at present. Some are
in enforcing governance so that budget implementation is efficient and
effective
Description
MM - P&DM
Keywords
Fiscal policy, Malawi, Poverty reduction, Malawi