Lazarus Chakwera invites Saulos Chilima for meeting
President Lazarus Chakwera has invited Vice President Saulos Chilima to join him for a “regular meeting” with the Minister of Finance Sosten Gwengwe and the Governor of the Reserve Bank of Malawi Wilson Banda today, when they will make “further progress on designing solutions” for problems facing the economy.
The President says the meeting will also help them prepare for International Monetary Fund (IMF) officials’ visit this month.
Chakwera said he spent Tuesday in his office at Capital Hill, Lilongwe, dedicating his time “exclusively to one major issue affecting Malawians: The economy.”
At the end of it, he held a meeting with the Vice President to exchange notes on how to align progress Chakwera has made on charting a recovery path for Malawi “when I met IMF Managing Director in the USA two months ago”.
Chilima also met with the International Development Finance Corporation’s Chief Executive Officer in USA two weeks ago.
Writing on his Facebook page, the Malawi leader said: “In summary, there is no medicine my administration is not prepared to administer to Malawi’s ailing economy in order to bring about recovery in the long term, even if it means swallowing some bitter pills in the short term.”
Recently, Malawi has witnessed an increase in the price of goods and services, raising concerns from stakeholders, including individuals.
The government has been attributing the situation to the Covid pandemic, which has shaken the global economy, as well as the Russia-Ukraine war.
On Tuesday, the President also held a meeting with the head of the Presidential Delivery Unit, Colleen Zamba, to give her instructions on how to conduct a series of Delivery Labs next month focused on removing bottlenecks that are hindering or delaying the implementation of investments and the growth of business.
Mathews Kasanda is a journalist who holds a Bachelor of Arts in Journalism from University of Malawi (The Polytechnic).
In 2015, Media Institute of Southern Africa awarded him the Best Print Media Education Journalist of the Year accolade.
He joined Times Group Newsroom in September 2019.