Chilumpha rips Mutharika’s economics

Malawi President Bingu wa Mutharika’s government has been accused of “manufacturing” fake statistics and economic reports to hoodwink the public when in reality the country’s economy is shrinking.

Former vice president Dr Cassim Chilumpha, who once served as finance minister, made the claim when he addressed a public meeting at Lunzu Primary School in Blantyre on Sunday.

Chilumpha, a reticent lawyer, said the current economic situation was “disappointing” because the country is facing hyper inflation contrary to what National Statistics Office reports.

Chilumpha: Economy is shrinking under Mutharika

He said NSO inflation reports are doctored – with the blessings of President Mutharika – yet the real picture on the ground is different.

Chilumpha bemoaned high unemployment rate, squeezed household incomes and rising costs of commodities.

He also accused the Mutharika administration of “total arrogance”.

Chilumpha claimed “people are fed up” with government excuses and noted that many commercial companies are shutting down.

“We should not live a lie to claim that our economy is doing well. It is ailing,” said Chilumpha, parliamentarian for Nkhotakota south who was addressing the rally with other members of UDF party including its acting president Friday Jumbe, another former finance minister.

He said good economy should be able to see people afford a decent livelihood which he noted was not the case at present, saying Malawians are far worse off than Mutharka found them before he took over power from BakilI Muluzi in 2004.

Chilumpha said Malawi is doomed unless the government get their act together.

He called on Malawians to “unite” to ensure the usher in a new government, stressing that this is “ time for boldness” to get the the economy moving.

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