Figures from the Reserve Bank of Malawi (RBM), show that total government declined by about 4.1 in August to K103.3 billion from K107.8 billion in July.

According to a report by RBM, the above has been attributed to The drop in the revenue has been attributed to a 19.9% drop in domestic revenues following underperformances in both tax and non-tax revenues.

Meanwhile, the Malawi Revenue Authority (MRA), has announced the extension of its Voluntary Compliance Window from October 31 to November 30. Meanwhile, MRA has received over 1,300 applications for the window, which translates into a gross collection of K13 billion in taxes.