MRA beats revenue collection target without bloating the figures
Despite being involved in a contested revenue bloating scheme earlier this year, the Malawi Revenue Authority (MRA) says it working hard to keep government coffers continually replenished.
The revenue collecting body says it is doing well and has beaten its monthly target for August.
MRA has had a change in leadership, with the previous CEO fired soon after Joyce Banda took over. The other influential MRA manager Roza Mbilizi is suspended pending her abuse of funds case in the courts.
The authority has since released an unaudited tax report for the month of August 2012 which shows that K19.3 billion was collected from all types of taxes, beating a K18.1 billion target.
Public Relations Manager, Steve Kapoloma, said in an interview the revenue collection body is working tirelessly to fund government’s expenses.
“We have increased our efforts in tax payer awareness in the months of July and August and we have increased our enforcement efforts,” said Kapoloma.
Both the Finance Ministry and the MRA came under fire following revelations that the revenue collecting body had borrowed about K15 billion from commercial banks last year without approval.
The money was meant to create a picture that the infamous zero deficit-budget adopted by the late Bingu wa Mutharika, a professorial but temperamental economist, was working.
MRA has also reversed some of the decisions it made regarding the firing of its employees which was contested as based on Mulhakho nepotistism and deemed unfair by the employees.