Banda must fix Malawi economy – Adviser


Joyce Banda, who marked her first week as Malawi’s president Saturday, needs to shore up the country’s economy, a former president said.

Bakili Muluzi, who served as president from 1994 to 2004, said shortages, low incomes and other economic woes should be Banda’s top priority, Voice of America reported.

“We need to address issues of economy first so that people can breathe some air. The last three years have been very difficult,” he said.

Malawi, a landlocked country in southeast Africa that was once the British colony of Nyasaland, is one of the world’s poorest countries. Banda became president after the unexpected death of Bingu wa Mutharika, who had been president since 2004.

Mike Banda, head of the Malawi Economic Justice Network, said the new president also needs to repair Malawi’s relationship with major international donors, including the International Monetary Fund. The country is heavily dependent on aid for its efforts to expand its economy beyond agriculture.

Banda, at a news conference Tuesday, said she is optimistic about increasing aid.

(Visited 42 times, 1 visits today)



Please enter your comment!
Please enter your name here

Share post:

Featured Video

click to play


More like this

Zambia’s Controversial Man Of God Ian Genesis At It Again

Controversial Zambian man of God Prophet Ian Genesis has...

Congolese Prophet Marries 4 Church Members At Once, Claims Polygamy Is Not A Sin

A Congolese prophet has married four women, all v!rgins,...


The Department of Immigration and Citizenship Services with assistance...

Lady Leaves Men Salivating With A Video Of Herself Tw3rking In Her Room (Watch Video)

Social media users are being trailed by a lady...