President Lazarus Chakwera says he is aware of the various socio-economic challenges facing Malawians and that his government is right now in the middle of it all to help mitigate and appease the situation.
On his trip to Kenya, Dubai and Scotland in Lilongwe on Tuesday, the visibly concerned Chakwera advised Malawians to be patient amid the challenges as various government technocrats are already on the ground to make Malawi better and a great people again.
The president called for resilience but assured Malawians that the government was doing everything in its power to get the economy back on track soon.
The president cited the effects of Covid-19 and the large loans from the former ruling Democratic Progressive Party (DPP) as some of the factors that contributed to the current economic crisis.
âWe have to repay loans that the previous government has left, but at the same time we are looking for resources to run the state business. We also need resources to counteract the effects of Covid-19 these economic challenges – we are all feeling the pain, “the president stressed.
âThe sacrifices you all pay are the fertilizer the soil of our economy needs, and the investment and trade that this government is hard to bring into our economy are the seeds that we will sow for a future harvest.
This government will go out of its way to bring trade and investment into this economy so that one day the sacrifices you make pay off. “
During the interface with the media, Chakwera also announced that he had managed to secure trade deals with countries such as Kenya and the United Arab Emirates (UAE).
As a short-term move, Chakwera said there are plans to bring business captains to a round table to brainstorm and find solutions to the problem.
âThere are plans to involve business gurus in the country, the Malawi Confederation Chambers of Commerce and Industry (MCCCI) and suppliers so that everyone does their part to make things happen economically. We have to work together as a team to solve this problem, âhe said.