Mutharika says ‘cashgate’ to affect Malawi for 13 years: ‘IMF has told me’

Malawi President Peter Mutharika has warned effects of the infamous K30 billion plunder of public resources at Capital Hill dubbed cashgate is likely to affect the economy for the next 13 years.

President Peter Mutharika: IMF says we are doing well

President Peter Mutharika: IMF says we are doing well

“The IMF has told me the effects will be here for the next 13 years,” said Mutharika.

He was speaking in Chitipa at a political rally, winding up his two week stay in the north where no political party has no base there.

The Malawi leader however said Malawians should not despair because his administration was working round the clock to improve the economy in a bid to reduce the high cost of living prevailing in the country.

“Don’t give up, there is light at the end og the tunnel,” assured Mutharika.

He said the International Monetary Fund (IMF) has already told the government that it was going on a right direction economically.

“I therefore wonder when the opposition say we are going in a wrong direction yet they are not able to offer us alternatives. They say my one hour 28 minutes state of the nation address is empty, they are the once who are empty because they did not comprehend it,” he said.

In his speech, Mutharika picked up Malawi Congress Party president Lazarus Chakwera and Peoples Party founder Joyce Banda for podium political parties.

He gave a list of what the Democratic Progressive Party led government has achieved so far, lining up finished development projects and those on the cards.

Mutharika also gave instructions to Chief Secretary to government George Mkondiwa to fire immediately any health worker found stealing money even before the case goes to court.

He begged the opposition to support the K1.1 trillion national budget Finance minister Goodall Gondwe presented to the 193 strong House on Friday.

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President Pedro

There is no way the govt is enough. The govt is not strengthening National Audit Office and Anti Corruption Bureau. Atleast if those department were funded well but how pathetic are those institution found. Then you will be worries till the end.


mmmmmmm kkkkkkkkk vote yanga ine


13 years is well past his 2 terms in office, meaning he will be singing this story for a long time. Brace yourself motherland.

Mike banda

Big fool,idiot,is it not you who rooted public money


A zungu andiwuza hahahahahaha uyu ndi JB basi kkkkkkkkkk moti nthawi yonseyi sumadziwa?????

I think this President is really clueless. Howe can he say ‘IMF told me’. Does he not rely on the horde of economists we have in Govt? Goodall kept saying the IMF and WB have approved this and that in his budget speech. Is IMF running the country or DPP? If DPP cannot run the country, give way to other Malawians that can. We will formulate a Malawian budget and not an IMF budget and run the country in a Malawian way and not to please IMF (foreign way). Please do not put blame on Cashgate, It was there when… Read more »
Pse pse pse APM MK30 billion cant hold back any country that is led by intelligent people. Counyries like Kenya lose billions of dollars but just look at their industries. Your brother stole more than 100 billion kwacha of our money but you are not pursuing his children. Its a sign to keep on lamenting about cashgate instead of finding ways of improving our economy. Honestly speaking even if there was no cashgate Malawi could not have developed. Surely after 50 years of independence should MK30 billion derail our journey to middle income status? Come on guys we are just… Read more »
chileka boys

what is wrong with this guy?????

How can he say “IMF told me!!”? Who is running the Malawi economy mr President?? is it you or IMF??
Mr president, I am really ashamed of you as my President!!! You are a big embarrassment. Did you have to wait for the IMF to tell you. What else that you don’t know about Malawi that IMF has to tell You Mr president!!


IMF has told me…Sizija za Joyce Banda zokuti azungu andiuza zija izi? Koma mayi Joyce atanena zomwezo munawanena kwambiri. I think nzimayi uja munangodana naye basi.

Malawi Wa Moto

That is IMF, What about you being the President of Malawi; what are you saying?

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