The National Local Government Finance Committee (NLGFC) is a constitutional body established by the Constitution of Malawi (Section 149 of 1994).The Local Government Act (1998) provides further powers and functions of the NLGFC. On 1st April, 2018, the Government of Malawi (GoM), through the on-going Public Sector Reforms, effected a merger of the old National Local Government Finance Committee (NLGFC) and the Local Development Fund (LDF). The merger eliminated duplications in relation to the management of recurrent and development funds for facilitation of fiscal decentralization in support of the Local Governments (LGs). In its Mandate, the new NLGFC’s is to “facilitate fiscal decentralization, financial management and local development in local governments”. Its vision is to “have fiscally decentralized, transparent and accountable local governments that deliver quality services”. The NLGFC discharges this mandate and vision under the policy guidance of the Ministry of Finance, Economic Planning and Development and the Ministry of Local Government and Rural Development.
FUNCTION OF NLGFC
- Coordination, consolidation and monitoring of local council budgets
- Mobilisation, allocation, disbursement and accounting for financial resources
- The regulation and ensuring prudent use of financial resources in Local Councils
MANDATE
Facilitate fiscal decentralization, financial management and local development in local governments.
VISION
Delivering effective and responsive financing for local governments.
MISSION
To provide efficient and effective technical, financial and economic management services for mobilization, distribution and utilization of resources for quality service delivery by local governments
CORE VALUES
- Professionalism: integrity, ethical and impartial.
- Corruption-free Integrity: transparency and accountability.
- Innovation: relevant in a changing ecosystem.
- Service driven: demand driven, equality and responsiveness.
- Team work: unity of purpose and synergy.
