By Chisomo Phiri
In a move aimed at boosting development in the district, Likoma District Council has approved a K3.9 billion budget for the 2025/2026 financial year.
The council’s Principal Accountant Wilson Mziya said the allocation represents an increase of 43.7% compared to the K2.7 billion approved for the previous financial year.
He said the budget encompasses appropriations for various projects and activities under the Constituency Development Fund and District Development Fund.
Mziya added that the increased budget is necessitated by a rise in the number of projects and the wage bill.
On his part,the council’s Chairperson Barnabus Sambamo emphasized that the incremented budget will enable investments in critical areas such as infrastructure development, healthcare, and education.
He said the ultimate goal is to improve the livelihoods of the district’s residents.
The development comes as various local councils in Malawi are working to finalize their budgets for the 2025/2026 financial year.
