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Malawi Budget Statement for 2023/2024 Presented

10 March 2023

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Proposed Changes

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Malawi

Malawi's Minister of Finance and Economic Affairs presented the Budget Statement for the 2023/24 fiscal year to parliament on 2 March 2023. Following the presentation of the budget, the Malawi Revenue Authority issued a release providing an overview of the new tax measures as follows. Further, as noted in a separate release on the customs and excise measures, the budget measures will generally apply from 1 April 2023, following the approval of the relevant bills, although the customs and excise measures are already effective from midnight of 2 March 2023. --- New tax measures announced The Malawi Government has announced...