Malawi government has increased funding for the presidential initiative on sports from k120 million to k400 million with football getting a lion’s share of k200 million.
This was disclosed on Friday when minister of finance honourable Joseph Mwanamveka was presenting a proposed national budget for the 2020/21 fiscal year.
In his presenting speech, the minister said government has decided to increase funds allocated to the presidential cup as government is committed to improve the standards of sports in the country.
“The president is committed to improving sporting standards in this country especially at grassroots level. In order to live up to this commitment, this government has increased sponsorship of the presidential cup to k400 million from 120 million. Of this amount, 200 million will be allocated to football, k100 million to netball and the balance of k100 million to carter for all other sporting disciplines in all the districts”, he said.
Mwanamveka further addressed the national assembly that government will allow teams playing in the top flight league to import a bus with no custom duty charged on them, a decision which comes barely months after Chitipa United relied on well wishers for help to clear their coaster which was stranded at Songwe boarder for months.
“In order to develop sports in the country, government has introduced a Customs Procedure Code under the Customs and Excise (Tarrifs) order to allow top flight football and netball teams to import one bus with seating capacity of 26 or more, duty free for every five years,” Mwanamveka said.
Commenting on the development, Nyasa Big Bullets football club administrative officer Albert Chigoga said this has come at a right time when they are about to buy a bus for the 2019 TNM super league champions.
“It has come at the right time when our sponsors Nyasa Manufacturing Company (NMC) are planning to buy a new bus for the team. Going forward, this decision should help a number of clubs to have their own means of transport,” he said.
The presidential initiative on sports was introduced in 2009 by late president Bingu Wa Muthalika and was won by Wanderers in its inaugural year.
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