Malawi NGOs Fail Accountability Test

As NGOs in Malawi fail to account for 90 percent of donor aid in the 2015/2016 financial year

As non-governmental organisations (NGOs) in Malawi fail to account for 90 percent of donor aid in the 2015/2016 financial year, social commentator has said the development is worrisome considering that international donors thought non-governmental organisations (NGOs) were better devils in financial management after government proved to be a leaking basket of fraudulent payouts dubbed Cashgate.

According to a report in The Nation, out of the K146 billion funding that went to NGOs in the 2015/2016 financial year, only about K15 billion could be accounted for, leaving 90 percent of the resources untraceable.  

For government, studies have shown that it is 30 percent of the resources it manages that is not accounted for, which - while still high - is three times lower than NGOs’ so far.

To read the article titled, “Social commentator says NGOs mismanagement of funds is a shame to Malawians: 90 percent donor aid can’t be traced,” click here.

Source: 
Maravi Post

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