Malawi’s President Banda raises hope, expectation: Blair

Date:

Former British prime minister Tony Blair declared that new President Joyce Banda has brought “hope and expectation” to Malawi, during his visit to the impoverished southern African nation. “These are challenging times, difficult times (but) there is an enormous amount of hope and expectation,” Blair said late Thursday in Malawi. “This has come about because of the leadership she (Banda) has shown.” Half of Malawi’s 14 million people live on less than a dollar a day. Banda was sworn in as president in April following the death of late president Bingu wa Mutharika, inheriting a battered economy marked by shortages of fuel and foreign exchange. She swiftly set about restoring relations with foreign donors, who had suspended funds due to concerns about hardline governance and rights issues under Mutharika. Her administration has launched a “recovery plan” through private sector-led economic growth. Blair, who heads the non-profit African Governance Initiative, is in Malawi for two days and on Friday will attend an investment roundtable discussion with Malawi’s business captains.

(Visited 58 times, 1 visits today)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Featured Video

click to play

Popular

More like this
Related

7 reliable and regulated forex brokers in South Africa

As a forex trader, you want to ensure that...

Lady’s outfit to an event causes a stir online (watch video)

A lady's outfit to an event in Ghana has...

See What These Students Were Caught Doing In Class (Watch Video)

Social media is flooded with video clip of a...

I’m Not Ready For A New Relationship – Kim Kardashian

Kim Kardashian has disclosed that she is not ready...