LILONGWE-(MaraviPost)-The UTM chief Dr Dalitso Kabambe has as soon as once more dared President Lazarus Chakwera to take duty for ailing financial system by taking decisive motion to deal with the problem.
The former Reserve Bank of Malawi (RBM) Governor Dr Kabambe instructed Chakwera to cease blaming previous regimes on present financial challenges.
Writing on his Facebook web page on January 31, 2024, the UTM chief says it’s excessive time for Chakwera will get sensible options earlier than the financial system collapses past restore.
“The Chakwera authorities should take duty for our struggling financial system. No quantity of blaming the opposition can repair the ache and struggling Malawians are going by means of.
“We see the luxury, arrogance, and disregard from those in power while ordinary people are suffering. This government has failed us,” reads the put up partly.
Dr Kabambe provides, “Their actions don’t encourage confidence that they’ll clear up our issues. The financial fundamentals are damaged, and there’s a critical lack of economic knowledge. This so-called turnaround technique is only a painful train with no actual options.
“It’s time for us, the people, to take charge of our destiny. We need to elect leaders who truly care about the well-being of Malawians. Only then can we escape this misery. God bless Malawi”.
UTM chief Dr Kabambe calls come amid worsening financial challenges beneath Chakwera’s administration together with excessive inflation, price of residing, gasoline, meals and foreign exchange crisises.
Due to financial mismanagement, World Bank has expressed disappointment over Chakwera regime.
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