Donors unlikely to resume aid in Malawi – Goodall

Western donors were unlikely to resume aid to Malawi as Finance Minister Goodall Gondwe has said the donors are pulling out in many countriee, news reports said on Monday.

Finance Minister Goodall Gondwe: Donors pulling out in many countries

Finance Minister Goodall Gondwe: Donors pulling out in many countries

“I would like to emphasise this very strongly. We should not proceed on the premise that the donors will come back with their budgetary support purses.

“We could have budgetary support from World Bank, the EU, the African Development Bank but I would have difficulty in proceeding on the basis of expecting bilateral donors to come back because they are out of countries such as Tanzania, Zambia, Rwanda and Mozambique. I think they are getting out of many countries,” said Finance Minister Goodall Gondwe.

Gondwe was quoted in the local press speaking at Financial Market Dealers Association annual conference.

Malawi lost up to 40 percent of the budget support it was receiving from foreign donors after the European Union, the World Bank and the United Kingdom decided to suspend aid pending the results of the government investigation into the alleged corruption scandal, popularly known as “Cashgate.”

The donors have said they won’t resume aid until the  “cashgate” puzzle has been resolved and until it has established better financial and management systems.

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jojo
Guest

Goodall don’t close our eyes, the same donors have spent so much to bring the audit report open so that chilungamo chidziwike and you may punished. DPP ndi Iweyo are swisting the truth. Remember one day God will reap you the way He reaped the so called inherited Ngwazi.

munthu wina
Guest

Let them go, its their money.We should start working hard using the abundant resources that we already have, i believe ten years from now they will feel ashamed!!!

Happy Eduardo
Guest

Mr. Dowa idzakuphani dependency syndrome. I am not sure how you manage your home-may be you depend on your parents to feed your family.

wiveee
Guest

Goodall why running away from the truth. donors dont want you steal public funds but you still want steal by not closing the loopholes in the IFMS. Donors want you to deal with 2009-2012 cashgate by DPP (which is not possible anyway). How did they fund you forensic audit if they are not ready to assist? Dont cheat us like your grannies asaa!~

Mr Dowa
Guest

Tanzania,Rwanda,Mozambique, Zambia and now its Malawi? kikkkkkkkkk Mr Gondwe why these donors did not started with Malawi? the ans, is they lost trust in you guys period!
Musatiname odala ingonenani zoona kuti team yanu ndiyowola,palibe dziko lomwe lidzayende muno mu Africa popanda kukhal ndi olithandiza mark my words, mind bwana, you cant compare yourself with Tanzania,Zambia,Mozambique,eiish sorry wawa

bwalya
Guest

A Malawi TAMAWELENGANI NKHANI PA NOKHA. K450 BILLION MWA MK577 BILLION INACHITIKA NTHAWI YA AMAI. REPORT ILI POMPANO PA NYASATIMES. TAMEWELENGANI MMALO POMALEMBA NKHANI ZA MMALUWA.

Jason
Guest

This is good news! We should stand on our two feet, people need to start paying for everything hospitals, schools etc. Nothing should be for free, may be the chimpanzees (malawi) in thus country should stop replicating like mice.

Bandawe
Guest

No problem our president is is a multi-millionaire many times over. We all heard it its on record.

Dausi Phiri
Guest

Let donors go for good for us to start from a scratch and have a stable sustainable development.Zongolandira anthu amangodya ngati masuku chifukwa sanazione kuwawa pozipeza.

Victor Raymond Fumbula
Guest
Victor Raymond Fumbula

With all due respect i have for you Dr Gondwe,its truth time basi.The donors have stated their stand about aid,bring to book the thieves,try them in the court of law then sentence them,no questions asked.Justice has to be done for the sake of taxpayers money of almost 17 Million people.There is no running away!!Sefa yowulalana iyende basi!!

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